I’m not one for rules. These rules are the exception, though. :)

I’ve decided to follow one¬†set of rules during my road to building a HUGE asset base!

1. Live below my means (live on less cash than I make!)

  • The 80/20 rule is what I’m going to use! – Live on 80% of take-home pay, Save/invest 20% of take-home pay

2. Increase my “means” (grow my income)

  • This is one reason I’m excited about being self-employed… I get to decide how much money I make, so an increase in income is VERY, VERY possible!!

3. Follow the first two rules for the rest of my life!

  • I don’t plan to follow this one to the “T” …. Because eventually I want to be able to live on 50% and save/invest 50%! ūüėČ Which is even better!

This December will be my first month living STRICTLY by this set of rules! &I’m looking forward to feeling like I got a raise because I’m¬†expecting a raise in¬†income¬†in December (which¬†will go along¬†great with the $1,000 in extra income I earned this month!) and I¬†just constructed an AMAZING and TOTALLY do-able budget for December! I’m ready to get focused and organized, financially!¬†It looks like this will give me an¬†AWESOME head-start to my next fiscal year starting in January!

My goal is to DOUBLE MY INCOME in 2014!

I’ll end 2013 with roughly $22,000 in total income working part-time jobs and being fairly lazy. But in December of 2014 it will be fun¬†to see the difference in my 12 month¬†income and overall¬†NET WORTH¬† compared to 2013! Now I’m developing a better work ethic,¬†I work a part-time and own¬†my own business¬†now! So seeing¬†the¬†difference¬†should be interesting!

Anyways… I’m curious. What financial rules do you live by? Let me know! ūüôā






MAN, OH MAN!! Today was a doozie! From the very beginning of my professional career, I’ve gotten my paycheck via direct deposit every other Saturday morning. I’ve loved the certainty I get from knowing that, too. This Saturday, however, I was paid a big fat $0.00! WHAT?!!? I usually don’t get up-in-arms about $$$, but as a recent entrepreneur I use the income from my job to fund my business. Thus, it’s sort of important. ūüôā I talked to my company’s headquarters to ask where the money was and they said it was sent to me via check. THEN after speaking to my office secretary I find out she put my check in the mail(?) on Saturday. Here we are on Monday and it still hasn’t reached me. I have goals to reach here!!

I had no clue people still got paid via snail mail anymore these days. Needless to say I wasn’t a happy camper today. ūüėź

I’m flat-broke but am eagerly waiting to save and invest!!! (Thinking about getting into real estate in some way, shape, or form… Probably in the form of tax liens…) Ahhh! I’m itching over here!!

Pray for me, folks.