tag:blogger.com,1999:blog-3006335836522888711.post8497003693129512367..comments2023-09-15T10:19:28.100-05:00Comments on Frugal And Opinionated: Short Term Financial GoalsLisaMariehttp://www.blogger.com/profile/13315495435608446151noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-3006335836522888711.post-39067479764575534112008-04-03T11:42:00.000-05:002008-04-03T11:42:00.000-05:00HI there,I found your blog through Money Saving Mo...HI there,<BR/><BR/>I found your blog through Money Saving Mom. Congratulations on doing such a great job with your finances! We are loosely following Dave Ramsay, but I prefer to do things a little differently. I sort of combined Mary Hunt's "Freedom Account" system with Dave Ramsay's envelope system - so we have sort of mini savings accounts for various categories as well. I find it really helps to level things out, and eliminates the need to accumulate more debt or tap our emergency fund. Like you, we don't like to commit all of our extra windfalls to debt repayment, as there are always other things that come up (even with our envelope system in place!). So I decided a good compromise was to split everything 50/50! So 50% of everything that comes in goes toward debt repayment, and the rest can go into whatever envelope we choose. :) I figure you can't stop living just because you have debt - you still have to reach for your goals. I like the 50% thing because it feels like a good compromise for us. <BR/><BR/>Congratulations again, and I look forward to reading more of your blog. :)Alissahttps://www.blogger.com/profile/10667091210940564327noreply@blogger.comtag:blogger.com,1999:blog-3006335836522888711.post-40584287626840422822008-03-05T17:35:00.000-06:002008-03-05T17:35:00.000-06:00Wow, that $65 a month is going to add up to years ...Wow, that $65 a month is going to add up to years of savings. Great job. Your post reminded me that every effort is a worthy effort. Thanks for the encouragement.Monicahttps://www.blogger.com/profile/05856975629899818393noreply@blogger.com