Comments on: 10 Easy Tips to Stay Frugal in Your Life https://onecentatatime.com/10-tips-stay-frugal/ A Personal finance blog to get rich Fri, 28 Nov 2014 02:49:04 +0000 hourly 1 By: Mimi https://onecentatatime.com/10-tips-stay-frugal/#comment-329982 Fri, 28 Nov 2014 02:49:04 +0000 http://onecentatatime.com/?p=7602#comment-329982 I’ve come across an article about how to save your money but I couldn’t remember where. Anyway, it says there that it’s good to follow the 80-20 rule when it comes to managing your finances.

20% goes to your savings
80% goes to everything else. Now, this would be divided into two more categories:
50% goes to your everyday needs (bills, groceries, etc.)
30% goes to personal expenses (if you’re not a big spender, then maybe you have an extra 30% to put into your savings!)

While this or the salary-savings=expenses looks easy on paper, it’s sometimes hard to do for some people, especially those that doesn’t earn that much to start with. With their very little income, they would rather or need to spend their money for their needs first and then end up not having enough money left to save. How then could they save?

]]> By: Sandra Mercier https://onecentatatime.com/10-tips-stay-frugal/#comment-329811 Thu, 27 Nov 2014 14:21:02 +0000 http://onecentatatime.com/?p=7602#comment-329811 nice tips. Thanks for your sharing

]]> By: anusia https://onecentatatime.com/10-tips-stay-frugal/#comment-329359 Wed, 26 Nov 2014 11:01:14 +0000 http://onecentatatime.com/?p=7602#comment-329359 This can be helpful for one if he follows it blindly.

]]> By: Connie @ Savvy With Saving https://onecentatatime.com/10-tips-stay-frugal/#comment-329192 Wed, 26 Nov 2014 02:46:16 +0000 http://onecentatatime.com/?p=7602#comment-329192 I like how you say ‘salary – savings = expenses’. It’s important to first consider how much you want to save and then spend accordingly.

]]> By: Joseph Hogue https://onecentatatime.com/10-tips-stay-frugal/#comment-329158 Wed, 26 Nov 2014 00:12:56 +0000 http://onecentatatime.com/?p=7602#comment-329158 Great tips SB.

Sometimes it’s as simple as going without something for a week, then seeing if you really need it. We used to live by extended cable service but after forcing ourselves not to use it for a week, we realized how frivolous it was. Tons of savings anyone can find just like that.

]]> By: SB https://onecentatatime.com/10-tips-stay-frugal/#comment-328779 Mon, 24 Nov 2014 22:07:05 +0000 http://onecentatatime.com/?p=7602#comment-328779 In reply to HF.

I know habbit is right spell as per dictionary but as per colloquial American English, habit is the correct spelling 🙂

]]> By: SB https://onecentatatime.com/10-tips-stay-frugal/#comment-328778 Mon, 24 Nov 2014 22:04:36 +0000 http://onecentatatime.com/?p=7602#comment-328778 In reply to Carole.

Thank you so much Carole, really appreciate the feedback!

]]> By: SB https://onecentatatime.com/10-tips-stay-frugal/#comment-328777 Mon, 24 Nov 2014 22:04:13 +0000 http://onecentatatime.com/?p=7602#comment-328777 In reply to moneystepper.

due to this formula they picked the article on Lifehacker today. It’s really easy to explain this way, right?

]]> By: HF https://onecentatatime.com/10-tips-stay-frugal/#comment-328729 Mon, 24 Nov 2014 20:07:12 +0000 http://onecentatatime.com/?p=7602#comment-328729 “Habbit”? Spellcheck is your friend.

]]> By: Carole https://onecentatatime.com/10-tips-stay-frugal/#comment-328712 Mon, 24 Nov 2014 18:16:54 +0000 http://onecentatatime.com/?p=7602#comment-328712 I think these are very good tips. I don’t have any to add, just wanted to compliment you on a well done post.

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