October 2012 Weddings
Dear Community,
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
How much money do you save each month?
H and I are closing on our house February 28th. I'm such a worried and have been trying to figure out how much money we can save each month. I was just curious if the number I came up with is close to average, so ladies, how much money are you able to put into savings each month?
I tried to do this as a poll, but I can't get it to work:/
Re: How much money do you save each month?
We have an emergency fund, so any extra money is now going to debt. Once H gets settled, I hope to put $200-300 more on debt a month - then snowballing it Dave Ramsey style until it's all paid for. Then we will work on getting 6 months in savings.
I started mint.com when we got the house. It's really helpful in seeing where money is going, where you can cut back and keep track of debt. I have our bank accounts linked in, credit cards (no balance but we put gas and groceries on it for rewards), student loans and retirement. it's really nice to see it all in one place. HTH
No including 401K, I put a bare minimum of $200 into savings each month. I usually put more than that in but some months are harder than others. I usually put all money that came from gifts (birthday, Christmas, ect) into savings too, because it's money you wouldn't normally have. And I put 1/2 to 3/4 of taxes into savings depending on if there are repairs needed around the house.
Buying a house seems a lot more scary than it really is. Likely you'll be able to save more money than you expect. Just don't panic the first month you live in your house, there will be a lot of surprise expenses. My house was move in ready, but was missing things like closet racks, a hood for the stove, and other inexpensive things that added up quickly.
YES! It's really easy to set a budget but Mint makes it so much easier to follow through. The little things add up. Knowing DH can see every swipe of a card makes me stop and think about my purchases.
Don't get overwhelmed with a new house. There are going to be extra costs the first few months. We bought a brand new house but still had some work to make it ours.
Good luck and congrats on the new house!
I'm the saver, H is the spender. We have fun money allotted to each of us each month. Once it's gone, it's gone. It's really making H see how the little stuff adds up (Mcdonald's here, coffee there...). He did well last month, this month he's already down to $11. Leftovers do get rolled over in a special pot for each of us for a bigger purchase (I want a desk, H wants window tints). Mint makes it so easy to track too!