tag:blogger.com,1999:blog-7271430150659884336.post5972875363721643061..comments2018-09-30T15:52:59.985-04:00Comments on Lose Your Money Blues: New Year, Same Old DebtIris http://www.blogger.com/profile/12565582310115004572noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-7271430150659884336.post-83745220056524809952010-01-11T20:30:01.665-05:002010-01-11T20:30:01.665-05:00From one who has been there, and you're not al...From one who has been there, and you're not allowed to leave, the only real answer is an extreme form of the KISS rule. If you can't write down your financial history for the month,excluding detailed purchase receipts, but including an accurate currant balance, on a 3X5 index card it is too complicated. No credit cards, maybe a debit card. A checking account and a savings account and a jar of pennies (I have all sorts of change, but I'm advanced). That's it! Nothing else. How much money you have is on the bottom of every ATM receipt. You take all of your fixed regular expenses and add them up, always round up to the next whole dollar, cut that number by the number of paychecks or whatever a month and leave it in your checking account. Everything else goes into the savings account. That is what you have to live on until you are paid again. <br /><br />This makes getting a car hard, but not impossible. It just joins the fixed payments. If that number increases what you leave in the checking account to so much you don't have anything to put in your savings account then you can't afford a car.<br /><br />Or you have someone give you a car. That is always the best way.rtb.inkhttps://www.blogger.com/profile/06991129961063752156noreply@blogger.com