Comments on: Pay Yourself First and Grow Your Savings

By: That One Caveman

That One Caveman — Wed, 23 Jul 2008 13:16:38 +0000

Wow. That’s certainly news to me. Any time I’ve scheduled a transfer to or from ING it’s always 2 or 3 days after the day I requested it.

Congrats on finding the freedom that comes from paying yourself first!

By: Melinda

Melinda — Wed, 23 Jul 2008 12:01:36 +0000

What bugs me about having savings taken directly from your account is…………..
The day they take them out – is not the day you specified when signing up with ING Australia.
Sometimes they take the savings out a whopping 7 days earlier than expected!
Now, if I had have been penalised for not having sufficient funds I would have been mightily annoyed.
However, I’ve found now I’m so much more in control and can pay ourselves first & foremost at paycheck time.

By: Weekend Reading: June 22, 2008 | Moolanomy

Weekend Reading: June 22, 2008 | Moolanomy — Sun, 22 Jun 2008 19:34:26 +0000

[...] Pay Yourself First and Grow Your Savings at One Caveman’s Financial Journey — Saving money is not something you do with the left over that you didn’t spend — I guarantee that you’ll never save a penny that way. The right way to do it is save first, then spend what’s left. [...]

By: Bad Debt Bad Job Rough Life | The Wisdom Journal

Bad Debt Bad Job Rough Life | The Wisdom Journal — Wed, 18 Jun 2008 07:02:44 +0000

[...] his creditors. 13. He’s now in need of health insurance for his growing family! 14. He never saved any money and never established an emergency [...]

By: Curt

Curt — Tue, 17 Jun 2008 15:00:54 +0000

Great article. The national saving rate is now negative. Everyone in this country should read this article.

By: Pinyo

Pinyo — Mon, 16 Jun 2008 17:50:27 +0000

I love the definition: “It means prioritizing yourself and your future above all other competing demands.”

And I love the analogy: “Once that amount starts feeling comfortable, it means you�ve adjusted your lifestyle to the new level of savings. It also means it�s time to bump it up again. Treat saving like a workout plan where you never settle for only doing just what you did last time. If 10 push-ups feel easy, you aren�t gaining anything by just doing 10 every day. Likewise, if $50 a month is easy, it could be a sign that you have room to save more.”

I am good with my savings, but I have to be more disciplined with my exercise.

By: Personal Finance Buzz

Personal Finance Buzz — Mon, 16 Jun 2008 17:22:54 +0000

Personal Finance Buzz…

Your story was featured in Personal Finance Buzz! Please visit and promote your article….