Started real budgeting and savings plan

That's a great thing for you . I am always amazed by how much I manage to save when I look at it over time. It isn't much compared to the past, but every dollar counts nowadays where I am. And it's good to see you are able to both save and invest, the two will make your money work for you well, and that's the way it should be. Right now, i can't invest, unfortunately, but with any luck I will clear my debt and be able to do so again, now that our business is closing at the end of next month. The other half and I are a little old to be starting over, but that's life for you. Enjoy watching your savings grow

I hope that you are getting on well with your budgeting and saving plan. Also I hope that the new job is going well. In 11 months time you will find out you have been successful hopefully. Last month I began saving in a regular savings account. After one year I will be able to get at the money and its interest. I am in the process of changing my current accounts. One of these is for everyday use and the other is for using when I am traveling overseas. I am trying to stay within my budget which I have worked out. Good luck.

It's hard to sustain these plans. I like to make lists, and charts, but after the initial excitement wears off, it then becomes hard to not spend the money that you know you have. I've been solving this by moving the money into other bank accounts so that I cannot see it.

good for you. have you started saving for you retirement yet?

I can sing many praises of living on a budget. But, from my own experiences I can also see how it is really easy for a budget to fail. In our situation, we were living on a tight budget for quite some time, but it did become something that fell apart when my husband had to go through cancer treatment. So, the main suggestion that I can give to a person that is starting with a true budget and savings plan for their family is that they should realize that there will be times that the budget does have short comings and a budget should be adjusted at that time.

Great to read about your successful financial situation. Budgeting and saving isn't always an easy task, so congratulations on getting to this point in your life. I also suggest you invest in money certificates or time deposits if you have money that you won't need for a while, so you can earn more interest than a regular savings account.

This is great news. Its hard to save money with all the expenses that we must pay each month. If it gets really hard think of something special that you will be able to use the money for in the future. We used our savings to buy a house.

I'm happy to hear that. It is really wise to save especially if you have a child or children. Hopefully me and my husband could start saving for our son's education. He is barely 2 years old but the cost of schooling is quite high now unlike before. Of course we want to send him to a good school.

Congratulations on the new job and the compensation plan. In this day and age those are two wonderful things to have. It will feel great having a savings plan. I hope it all continues.