Comments on: Financial Freedom: Building the bankroll, part 1 http://funny-about-money.com/2010/03/15/financial-freedom-building-the-bankroll-part-1/ Simple Living = Frugality = Peace of Mind: Personal Finance and Stress Control Sat, 11 Feb 2012 14:47:18 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: frugalscholar http://funny-about-money.com/2010/03/15/financial-freedom-building-the-bankroll-part-1/comment-page-1/#comment-25157 frugalscholar Mon, 15 Mar 2010 21:36:54 +0000 http://funny-about-money.com/?p=11752#comment-25157 What people don't understand is that savers have more--and that can include more stuff. If you don't have debt--and your savings gather interest (not now, but perhaps in future)--you can buy whatever you want with the interest. And still have your savings. What people don’t understand is that savers have more–and that can include more stuff. If you don’t have debt–and your savings gather interest (not now, but perhaps in future)–you can buy whatever you want with the interest. And still have your savings.

]]> By: Simple in France http://funny-about-money.com/2010/03/15/financial-freedom-building-the-bankroll-part-1/comment-page-1/#comment-25156 Simple in France Mon, 15 Mar 2010 19:06:46 +0000 http://funny-about-money.com/?p=11752#comment-25156 Yipes! 4% savings sounds catastrophic. I always had my mind on dollars saved, not percentage saved--but when I think about it to 1/2-1/3 after taxes (after retirement contributions). This year, we moved to France and are on one income so far, but when we get into the swing of things, the goal is still to save part of that income as well. . . People should be saving much more! How stressful to have all of your extra income going to debt. Yipes! 4% savings sounds catastrophic.

I always had my mind on dollars saved, not percentage saved–but when I think about it to 1/2-1/3 after taxes (after retirement contributions).

This year, we moved to France and are on one income so far, but when we get into the swing of things, the goal is still to save part of that income as well. . .

People should be saving much more! How stressful to have all of your extra income going to debt.

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