Comments on: Divide and conquer http://www.christianpf.com/divide-and-conquer/ Christian Personal Finance - Financial help, debt help and other financial resources Sat, 21 Nov 2009 05:30:02 -0600 hourly 1 By: 6 Easy Ways To Simplify Your Finance | Moolanomy http://www.christianpf.com/divide-and-conquer/comment-page-1/#comment-1514 6 Easy Ways To Simplify Your Finance | Moolanomy Thu, 10 Jan 2008 14:01:47 +0000 http://www.christianpf.com/divide-and-conquer/#comment-1514 [...] automatically!  Don’t try to do it all in one shot.  As my friend ChristianPF said, “the best way to eat an elephant is one bite at a time.”  You can even take it a step further by taking advantage of level payment plan (usually [...] [...] automatically!  Don’t try to do it all in one shot.  As my friend ChristianPF said, “the best way to eat an elephant is one bite at a time.”  You can even take it a step further by taking advantage of level payment plan (usually [...]

]]> By: Best PF Practices of the Year! | Moolanomy http://www.christianpf.com/divide-and-conquer/comment-page-1/#comment-976 Best PF Practices of the Year! | Moolanomy Wed, 19 Dec 2007 14:01:56 +0000 http://www.christianpf.com/divide-and-conquer/#comment-976 [...] wrote a post called “Divide and Conquer.” It said that things are a lot more manageable when you do it little by little, instead of [...] [...] wrote a post called “Divide and Conquer.” It said that things are a lot more manageable when you do it little by little, instead of [...]

]]> By: Pinyo http://www.christianpf.com/divide-and-conquer/comment-page-1/#comment-937 Pinyo Mon, 17 Dec 2007 16:41:40 +0000 http://www.christianpf.com/divide-and-conquer/#comment-937 Very nice post. I used to pay my home and car insurance yearly and twice per year, respectively. Now it's automatic monthly withdrawal with no fee...much nicer. Very nice post. I used to pay my home and car insurance yearly and twice per year, respectively. Now it’s automatic monthly withdrawal with no fee…much nicer.

]]> By: Sunday Money Roundup - Gifts Arriving By Mail Edition. | My Two Dollars http://www.christianpf.com/divide-and-conquer/comment-page-1/#comment-918 Sunday Money Roundup - Gifts Arriving By Mail Edition. | My Two Dollars Sun, 16 Dec 2007 16:01:42 +0000 http://www.christianpf.com/divide-and-conquer/#comment-918 [...] Christian PF says that Dividing large bills into smaller chunks can make them much more manageable. [...] [...] Christian PF says that Dividing large bills into smaller chunks can make them much more manageable. [...]

]]> By: The Friday Gathering for 12/7/2007 | Gather Little By Little http://www.christianpf.com/divide-and-conquer/comment-page-1/#comment-900 The Friday Gathering for 12/7/2007 | Gather Little By Little Fri, 14 Dec 2007 13:57:50 +0000 http://www.christianpf.com/divide-and-conquer/#comment-900 [...] ChristianPF - Divide and conquer [...] [...] ChristianPF – Divide and conquer [...]

]]> By: Money Blue Book http://www.christianpf.com/divide-and-conquer/comment-page-1/#comment-889 Money Blue Book Wed, 12 Dec 2007 16:45:06 +0000 http://www.christianpf.com/divide-and-conquer/#comment-889 I respect his opinions as well. I just wish he wouldn't make so many comments about recession...makes the markets jittery. -Raymond I respect his opinions as well. I just wish he wouldn’t make so many comments about recession…makes the markets jittery.
-Raymond

]]> By: Shane Vander Hart http://www.christianpf.com/divide-and-conquer/comment-page-1/#comment-888 Shane Vander Hart Wed, 12 Dec 2007 07:00:05 +0000 http://www.christianpf.com/divide-and-conquer/#comment-888 Great advice! Great advice!

]]> By: ted http://www.christianpf.com/divide-and-conquer/comment-page-1/#comment-882 ted Mon, 10 Dec 2007 04:58:39 +0000 http://www.christianpf.com/divide-and-conquer/#comment-882 @bob Oh yes, wonderful. And when it comes time it is so nice to take a vacation knowing you've got the money, knowing it was set aside for that purpose, and then being well able to enjoy every moment. Yes, we can buy that, or yes, we can go to that nice(r) restaurant. It would be hard to understate the joy of a relaxing vacation coupled with an ample wad of vacation-budget-money. @bob
Oh yes, wonderful. And when it comes time it is so nice to take a vacation knowing you’ve got the money, knowing it was set aside for that purpose, and then being well able to enjoy every moment. Yes, we can buy that, or yes, we can go to that nice(r) restaurant. It would be hard to understate the joy of a relaxing vacation coupled with an ample wad of vacation-budget-money.

]]> By: bob http://www.christianpf.com/divide-and-conquer/comment-page-1/#comment-881 bob Mon, 10 Dec 2007 03:49:18 +0000 http://www.christianpf.com/divide-and-conquer/#comment-881 @debtdieter That is great that they let you pay monthly without the fees... @Ted I am with you on that - I do a variation of that with a few things in my budget - it just feels so good to have the money sitting there when you need it!! Doesn't it? @debtdieter
That is great that they let you pay monthly without the fees…

@Ted
I am with you on that – I do a variation of that with a few things in my budget – it just feels so good to have the money sitting there when you need it!! Doesn’t it?

]]> By: ted http://www.christianpf.com/divide-and-conquer/comment-page-1/#comment-879 ted Mon, 10 Dec 2007 01:36:01 +0000 http://www.christianpf.com/divide-and-conquer/#comment-879 Another benefit of this, is where you add some more of those yearly type expenses to your savings plan. Now you might be putting aside a little more, but you can handle several $300 blips throughout the year. So, you might have 4 of those $300 expenses, and be saving for all of them. When one comes up, you have a pool of money to draw from to cover it (and not use credit), but that month's contribution is unchanged, your monthly budget isn't impacted at all. You might handle $1200/year with a savings account that's only $300-400 at any given time... and only $100/month. I hope that's clear. In essence, you wind up financing your own expenses, just by saving a fixed amount every month. Another benefit of this, is where you add some more of those yearly type expenses to your savings plan. Now you might be putting aside a little more, but you can handle several $300 blips throughout the year.

So, you might have 4 of those $300 expenses, and be saving for all of them. When one comes up, you have a pool of money to draw from to cover it (and not use credit), but that month’s contribution is unchanged, your monthly budget isn’t impacted at all. You might handle $1200/year with a savings account that’s only $300-400 at any given time… and only $100/month.

I hope that’s clear. In essence, you wind up financing your own expenses, just by saving a fixed amount every month.

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