I'm surprised this one hasn't come up, so I'll do it.
Pay yourself first. Put yourself in as a line item on your budget, and give yourself a raise/ cost of living adjustment (COLA) every so often, especially if you get one from your job.
Remember that if your electric bill or the price of gas goes up a certain percent, you grumble, but you shell it out and manage somehow. And that managing somehow means the end of the month gets thinner and thinner. Paying yourself first when your paycheck is plump means you will do it consistently.
MOMA - for Boomeyers
August 19th, 2007 at 06:32 am
August 19th, 2007 at 04:22 pm 1187536964
I could'nt agree with you more, although I think this is the hardest thing to do. You want to pay down your CC's so bad, you skip yourself! (And boy, do those bills go UP every month!!!)