Another month has passed, another month where I ask myself… Did I hit the 60% savings goal with my income and expense tracker? Did I hit the big mark that I set for myself back in August when I was discussing why I am aiming to save 60% of my income? I know Bert did extremely well again I am betting – I hope he cruised past 60%! Let’s dive into the income and expense analysis. Continue reading
Tag Archives: savings
Lanny’s October Income and Expense Summary
Another month has passed, another month where I ask myself… Did I hit the 60% savings goal with my income and expense tracker? Did I hit the big mark that I set for myself back in August when I was discussing why I am aiming to save 60% of my income? I know Bert did extremely well, saving almost 63% of his income for October. Straight cruising now Bert! I know he is doing and tweaking a few things to increase that even further/higher going forward. Let’s dive into the analysis. Continue reading
Bert’s Savings Rate Summary: October
Last month I decided to take a plunge and accept the Dividend Diplomats’ Savings Challenge which pushes us and any brave reader to save 60% of their monthly income! This month I am going to try a slightly different method of displaying my savings rate. Last month, I listed the dollar amounts for each category used to calculate my final ratio. However, this month I am going to experiment with a new format (much like Lanny’s) and list each expense category as a percentage of total income for the period. With that being said, it is time to calculate my saving’s ratio for the month!
Lanny’s September Income and Expense Summary
Another month has passed, another month where I ask myself… Did I hit the 60% savings goal with my income and expense tracker? Did I hit the big mark that I set for myself in August when I was discussing why I am aiming to save 60% of my income? I know Bert did extremely well, saving almost 50% of his income for September. C’mon Bert, step your game up, you have someone to split your income with and you can’t save 50% of it, weak, right? Joking, he did extremely well as I’ve said, now let’s see how I performed in my balancing of the income and expense categories. 
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Why Bert’s Aiming to Save 60% of His Income
About two months ago, Lanny wrote about why he aims to save 60% each month. His article got me thinking about saving a large portion of my income and you know what, if his Italian self can do it – I can too! See why I am now also aiming to save 60% of my income each month.
Lanny’s August Income and Expense Summary
Well, I am sure you are all wondering… Did I hit the 60% savings goal? Did I hit the big mark that I set for myself last month when I was discussing why I am aiming to save 60% of my income? August had a lot of trial and tribulation, but a lot of positives came from the month. Let’s see what happened to my 60% goal for August. Continue reading
Increasing My Cash Flow by Moving & Tips for Minimizing Moving Costs
At the beginning of July I moved into my new place, the second floor of a duplex in an amazing area. And so far, I love the place (I’ll spare you the boring details about the place). Not only is the place really nice, another major benefit is that it will also increase my savings account. Now that I am finally settled in and mostly unpacked, I will finally take a hard look at just how much I will be saving by living in the new apartment. In this article, I will calculate my monthly and annual savings from moving apartments and will provide tips on minimizing moving costs while furnishing a new apartment.