I recently wrote a guest blog for the plonkee money blog entitled Saving 10 Percent Is Death.
Juicy Excerpt: It is a bad idea to consult a rule of thumb when deciding how much to save. Effective saving plans are customized saving plans, not prefab saving plans. What you need to determine is, what percentage of income should someone pursuing your particular Life Goals and faced with your particular financial circumstances be saving?
Today’s Passion: Saving Too Much Is a Big Problem. Or so I say.