A Savings Plan

While cleaning my room this weekend, I came across a note I had written about how to save money.  I have no idea wear I copied it from, but I thought I would post what I had written.

• Invest $500 a year
• Take 80% of pay for 3 months and divide it into envelopes

1. Long Term Savings
2. Short Term Savings
3. Rent
4. Clothing Allowance
5. Food
6. Cable Bills
7. Partying

• Save or invest 20% of paycheck
• Pay off student loans slowly
• Stop Renting
• Pay off credit cards

Leave a comment if you know where these tips are from.