Straight out of Hufflepuff house :D
- Dec 29, 2017
He's only been in prison for five years not ten, but you are right about the fact that I need to start saving money now.
AND it is a SPECIFIC amount, already figured into the "Zero Budget", and it is an amount that is strictly saved every week..... without fail!Wise people’s houses are full of the best foods and olive oil, but fools waste everything they have. Proverbs 21:20 NCV
Those who are wise, save some of their income.
There aren't a whole lot of areas I can plainly say I know about, but this is one. If we keep talking, your feelings WILL get hurt. But, if you listen, you will also find yourself surprised and shocked at how you really can tell your money where it has to go....... instead of you ending up where the lack of it say you have to stay.
A person on SSI is not legally permitted to save more than $2000.Social Security said:To qualify for SSI, applicants must be aged or disabled and have little or no income and few assets (no more than $2,000 in assets for an individual or $3,000 for a couple, in most cases).
Hey, you can drop the attitude. I am talking real life here, not playing emotion games. I told you I was in prison, and when I got out, I had a toothbrush and my clothes.If you mean that if we keep talking about the fact that I am poor and it would be a foolish and unwise choice to marry Joe then no, it wouldn't hurt my feelings. It isn't going to stop it from happening, but it wouldn't hurt my feelings.
$50,000 is the low, base starter amount.... NOT the goal to try and live on.For the able bodied, saving enough to retire on takes a lot of bread. You can only safely withdraw 4% of your retirement funds each year. Someone who only has $50,000 in their IRA can only withdraw $2000 per year, or $166.67 per month.
Agreed. I was just explaining to others that they will need quite a bit to retire on. Many people don't understand the numbers. The median IRA balance is only $75,627 among people in their 70s. That's only $252.09 per month.$50,000 is the low, base starter amount.... NOT the goal to try and live on.
Keep studying it till you see that it is how two brothers handled each of their money ( what they could save) till they were old.No sorry, I don't. What is that saying? I know that it has something to do with saving your money,.. and maybe the debt you owe when you stop saving, but I can't be sure a hundred percent.