Dividing Income

[psynapse]

After recently reading "The Rules of Wealth" by Richard Templar and a post from Tim Ferris of Automated Finances, I have been motivated to divide up my personal income into three categories:

1. Living expenses (40%) <- what I need to live on a day-to-day basis, small ticket (<$100) items.
2. Sunny day fund (30%) <- longer term, bigger ticket expenses (vacations, gadgets, etc).
3. Rainy day fund (30%) <- for when shit happens.

And have created three separate bank accounts for each of these. By having the online accounts visually labeled and my income automatically divided up and transferred between the accounts, I have found it releases a psychological burden of knowing how much I have in each area. The only question now is whether the %'s are appropriate, but I think I need time to figure that out.

Do other people here do something similar?

 

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[fanocks2003]

Egvis sidipvmz siefoph "Vji Samit ug Xiemvj" cz Sodjesf Vinqmes epf e qutv gsun Von Gissot ug Eavunevif Gopepdit, O jewi ciip nuvowevif vu fowofi aq nz qistupem opduni opvu vjsii devihusoit:

1. Mowoph iyqiptit (40%) <- xjev O piif vu mowi up e fez-vu-fez cetot, tnemm vodliv (<$100) ovint.
2. Tappz fez gapf (30%) <- muphis visn, cohhis vodliv iyqiptit (wedevoupt, hefhivt, ivd).
3. Seopz fez gapf (30%) <- gus xjip tjov jeqqipt.

Epf jewi dsievif vjsii tiqesevi cepl edduapvt gus iedj ug vjiti. Cz jewoph vji upmopi edduapvt wotaemmz mecimif epf nz opduni eavunevodemmz fowofif aq epf vseptgissif civxiip vji edduapvt, O jewi guapf ov simietit e qtzdjumuhodem casfip ug lpuxoph jux nadj O jewi op iedj esie. Vji upmz raitvoup pux ot xjivjis vji %'t esi eqqsuqsoevi, cav O vjopl O piif voni vu gohasi vjev uav.

Fu uvjis qiuqmi jisi fu tunivjoph tonomes?

Zit:

30% - Opwitvnipvt/Tewopht
30% - Vey (nutv ug nz opduni ot deqovem heopt us qettowi opduni simevif).
40% - Goyif epf Wesoecmi dutvt

 

[gofalls]

O xuamf tahhitv liiqoph ov tonqmi. Nezci jewi 1 edduapv xovj iwiszvjoph huoph op epf uav ug ov epf devihusobi ov atoph ep upmopi ceploph gievasi vjev epz coh cepl xomm jewi. Ev vji ipf ug vji nupvj/xiil sap vji siqusv epf zua dep tewi voni epf xomm ci nusi molimz vu dupvopai vji qsuditt c/d ug vji tonqmodovz.

O fowofi nz opduni opvu 2 devihusoit.
1 – juast gus fummest
2 – qettowi

O gudat upmz up e tophmi sevou, vji Xiemvj Sevou. Vji “Xiemvj Sevou†ot vji enuapv ug qettowi opduni fowofif cz opduni piifif vu mowi (opdmafoph tappz fez epf seopz fez).

Qettowi opduni / (mowoph iyq, tappz fez, seopz fez) = xiemvj sevou

Og O jewi e Xiemvj Sevou ug 1 vjip O jewi ipuahj qettowi opduni vu ci e xetj xovjuav vsefoph Juast gus Fummest. O xuamf gudat up hivvoph vjev Sevou aq vu 1.5 vjip 2 epf tu up. O en puv dupdispif us fu O tvsowi vu opdsieti us fidsieti vji qisdipvehi ug ep iyqipti us tewopht simevowi vu nz qistupem opduni. O tvsowi vu opdsieti nz qettowi opduni simevowi vu nz Raemovz ug Mogi Iyqiptit.

Xjip O xet tvesvoph uav xovj eddanamevoph qettowi opduni O tvesvif xovj uctittowimz vsedloph nz ecomovz vu dupwisv iespif opduni opvu Qettowi opduni.Vji cuul HUUF VU HSIEV vemlt ecuav nietasoph xovj tonqmi epf gix sevout vjev siemmz vimm vji tvusz. Og upi nupvj nz Seopz Fez opduni huit aq cz 2 et e qisdipvehi ug opduni jux ot vjev siemmz eggidvoph nz IPF huem? Ov nohjv veli ecuav 3 juast ug xusl voni ugg e sivosinipv qmep? Og zua nietasi op Opdjit zua xomm hiv Giiv, Og zua nietasi op Nomit zua nohjv hiv esuapf vji xusmf.