How to Manage Every Paycheck (By Age!)
The Personal Finance Podcast
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Making Mistakes in Your Forties
The first mistake to avoid is the mid life crisis. You don't want to be spending a bunch of extra dollars in your forties as you're approaching that retirement age. The second mistake we just talked about is not having enough cash. So five to ten years out, you want to start building up that cash position so that you can have a couple of years worth of cash on hand when you hit retirement. If h transportation cost should be around 15 % or less. Then we have 20% towards food, and then ten to 15 per towards treating yourself.
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