You need to do the same thing. In The Millionaire Next Door , authors Thomas Stanley and William Danko suggest that you take your annual income, divide it by 10 then multiple it by your age. So that's a rule of thumb you can use to see what you need to save to be on track. The hard facts are that if you spend it all now, there's nothing left for later. Balance out what is important to you spending now or knowing you'll be able to spend later.
Saving Is Unfair.
Your Budget Use this sheet to track your family's spending. Saving Is Unfair. Copyright 1999-2001 MyPrimeTime, All Rights Reserved. Inc. The names of actual companies and their products mentioned on this site may be the trademarks of their respective owners.