Comments on: Mission Accomplished. Now what? http://pantsinacan.com/2008/03/20/mission-accomplished-now-what/ A Personal Finance Blog with a Silly Name Fri, 10 Feb 2012 11:02:13 +0000 hourly 1 http://wordpress.org/?v=3.0 By: The “In the Black” Plan » pantsinacan.com http://pantsinacan.com/2008/03/20/mission-accomplished-now-what/#comment-2696 The “In the Black” Plan » pantsinacan.com Mon, 24 Mar 2008 11:45:08 +0000 http://pantsinacan.com/2008/03/20/mission-accomplished-now-what/#comment-2696 [...] first idea was sparked by a recent comment that Dedicated made on my posting about my rapidly approaching dilemma of [...] [...] first idea was sparked by a recent comment that Dedicated made on my posting about my rapidly approaching dilemma of [...]

]]> By: Dedicated http://pantsinacan.com/2008/03/20/mission-accomplished-now-what/#comment-2436 Dedicated Thu, 20 Mar 2008 12:20:13 +0000 http://pantsinacan.com/2008/03/20/mission-accomplished-now-what/#comment-2436 How about a goal for "blowing" money? How much money would you like to have on hand a month to spend and enjoy life? Determine the amount - start reasonably and try to escalate with time. Take the amount and double it (to insure that the income will consistently increase) So, if you would like $20 - make it $40. Multiply by 12 = $480 a year. Divide by 3% or the expected earnings you will receive = $16000 Work to have a cash investment that earns enough monthly to play - so you don't have too. The object with only taking 1/2 is that the money will continue to grow and your 1/2 will grow with it. Just a fun way to save How about a goal for “blowing” money?

How much money would you like to have on hand a month to spend and enjoy life?

Determine the amount – start reasonably and try to escalate with time.

Take the amount and double it (to insure that the income will consistently increase) So, if you would like $20 – make it $40.

Multiply by 12 = $480 a year.

Divide by 3% or the expected earnings you will receive = $16000

Work to have a cash investment that earns enough monthly to play – so you don’t have too.

The object with only taking 1/2 is that the money will continue to grow and your 1/2 will grow with it.

Just a fun way to save

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