2009-10-07 17:13:00
Do you have money stashed away for unplanned emergencies like unexpected hospital bills, new car tires, your children’s college fund, your retirement? One way to get ahead financially is to save a little money from every paycheck to cover unplanned expenses before you pay the rest of your bills. It’s called paying yourself first and some financial experts recommend it be at least 10% of your income. Now, if you’re like most of us, you probably pay everything else and then wait to see what’s left to decide how much to save. Chances are there usually isn’t anything left. So pay yourself first even if it’s a small amount. You’ll discover that you never missed it and you’ll form a good financial habit. You’ll be glad you did. Let us know if we can help. Comment here.
For more information, check out the issues section on our resources page or contact us. You can also call our toll-free Trucker Prayer Line at 1-877-797-PRAY (7729). We’re here for you.
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Tags: finances,archive,blog
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