70-10-10-10

12 Dec

Just wanted to share some info I thought was a great way to save money and prepare for your future. I learned this from “Your Money” with Christine Romans and Ali Velshi.

You live off of 70% of your income.
You save 10% of your income. You invest 10% of your income. You tithe/give 10% of your income.

For those of you who make resolutions for the new year this could be a great way to start the new year off.

Good night!

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5 Responses to “70-10-10-10”

  1. willowdot21 December 13, 2011 at 10:53 am #

    All very sensible I just have two things to add. Never a borrower or a lender be . and never buy unless you have the money, OH! yes do not gamble . Thanks for sharing.

  2. startablogabout December 14, 2011 at 11:50 pm #

    Thanks for that perspective, really. I hope I can try it!

  3. bnjewell February 8, 2012 at 8:03 pm #

    I’m so glad that you included tithing in this outline — it’s absolutely essential if we’re going to see the Kingdom of God advance in our lifetimes! I dedicated a whole post to that one point on my blog, God, Money & Me: http://godmoneyme.com/2012/01/28/tithing-makes-church-happen/

Trackbacks/Pingbacks

  1. The Must-Have’s of Life | Lil Lady… Giant Brain - January 23, 2012

    [...] back and read my 70-10-10-10 post. You can definitely do this and it is very easy to do so. Just live within your means, cut the [...]

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