Saving Your Raises

I recently got my annual raise and have been putting it into savings. If I don't use it, it's like I never got it. A friend of mine read somewhere (not sure where) that a person has been living on the same salary for 10 years by doing this. So yes, it can be done!

By Donna from Northlake, TX

Ad
January 14, 20100 found this helpful

So do you save the before tax amount or the after tax amount?

ReplyWas this helpful?Helpful? Yes
January 16, 20100 found this helpful

Obviously this person has never lived in South Africa, because when you get an increase here, income tax, pension and medical aid deductions go up and at the end of the day you take home less than you were before the increase. I double dare you to live and survive in this country, then you can tell me "it can be done"

ReplyWas this helpful?Helpful? Yes

Add your voice! Click below to comment. ThriftyFun is powered by your wisdom!

Related
In This Article
Increasing Your Savings, Stack of Money
Increasing Your Savings
Categories
Budget & Finance Saving MoneyJanuary 4, 2009
Guides
Saving Money on Health Insurance, Health Insurance Paperwork
Saving Money on Health Insurance
Wii console and controllers
Saving Money on a Wii
Mare and Foal in a Corral
Saving Money on Horse Boarding
Brick Chimney
Saving Money on Chimney Cleaning
More
🎉
New Years Ideas!
🎄
Christmas Ideas!
Facebook
Pinterest
YouTube
Contests!
Newsletters
Ask a Question
Share a Post
You are viewing the desktop version of this page: View Mobile Site
© 1997-2016 by Cumuli, Inc. All Rights Reserved. Published by . Page generated on December 5, 2016 at 2:45:51 PM on 10.0.2.63 in 2 seconds. Use of this web site constitutes acceptance of ThriftyFun's Disclaimer and Privacy Policy. If you have any problems or suggestions feel free to Contact Us.
Loading Something Awesome!