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Debt Destroy

Multi-Pocketed Wallet


vangiepm Rep Points: 25
Posted on April 9, 2009 at 8:29 pm
I haven't tried it yet but I think it works for my friend. She has this wallet which has layers of pockets in it. Each pocket represents each the bills or expenses for the month, such as home/rent, utilities, savings, education, and etc in advance. She said that everytime you receive your pay for a month, you set aside the payments for those bills and also set some aside for savings and education of your children. In that way, you can't forget whatever it is you need to pay and you try to live on what is left of it. She said that it has helped her budget everything so that she doesn't need to worry about where to get the money to pay for those bills because she has already set them aside. She has also learned how to live strictly on how much money she has. What do you think? Will you try it? Tell me if it works!

Aara Rep Points: 290
Posted on April 9, 2009 at 10:43 pm
This is very good. . .

dljyhn Rep Points: 120
Posted on April 9, 2009 at 11:07 pm
A good budget can make our lives better protection.

lynnemg Rep Points: 830
Posted on April 9, 2009 at 11:11 pm
I do something similar, but not quite the same. I put the bill money in one part of my purse, money I am trying to sae in another, and money to spend on groceries and gas in a third part. This works for me. I have never forgotten where the bill money is because I pay those pretty quick, but I have forgotten about the rest of the money and ended up saving more.

moni Rep Points: 60
Posted on April 9, 2009 at 11:31 pm
hahah..it so funny way...but i think it unique and will work..i will do like your sugestion.thank

sd2009 Rep Points: 240
Posted on April 10, 2009 at 12:00 am
Come, support!

manasa Rep Points: 825
Posted on April 10, 2009 at 12:20 am
I never thought of keeping like that.I keep all the money in one wallet and pay whever needed.It seems a good idea.