This month on GS Radio we've been focusing on "Surviving the Economic Times." It's been a great topic during a really crazy period. I've been using some of the tips we've talked about like finding fun things to do for free and focusing on untapped sources of income. It's been great!
We were able to give away two great books from Lynette Khalfani-Cox, a money guru: Zero Debt for College Grads and Zero Debt: The Ultimate Guide to Financial Freedom. (We're still giving away the second book! Want to win it? Sign up for The NicoleInk Newsletter by May 1st, and you'll be entered to win!)
And here are some more great words of wisdom on how much of our income we should be saving, spending, and putting toward bills!
- 10% of your income should be going to savings (any surplus should also be going to your savings)
- 30% of your income should be spent on fun stuff (getting your nails done, shopping, going out to eat, etc.)
- 60% of your income should be going toward your fixed bills (mortgage, rent, car note, etc.)
(Advice courtesy of Lynn Richardson author of Living Check to Monday: The Real Deal About Money, Credit & Financial Security)Nicole
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