"I pull my savings off the top first, and then spend whatever's left over," he says. "The only way you can save 50% is because your expenses are low." He advises his readers to pick a percentage that they want to save - at least 20%. 'If i'd like spend a thousand bucks parting a month, i'm probably going to be ole spend my 400 this month'
#2: Once again, Paula and J. Money see things differently.
J. Money preaches budgeting, Paula practices the “anti-budget”.
J. Money examines every expense to find savings. A couple years ago he switched phone providers and saves $100 a month, $20 a month on insurance and $60 on cable.
Paula recommends saving at least 20 percent of your income first, then go wild with the rest; “Don’t feel guilty about spending money on Coke Zero or turtle food”
Who is right?
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