Zenvesting Tips for Budgets, Time, Money, and the Three 10 Percents
By Paul H. Sutherland
Young relationships often catch the brunt of financial anxiety.
Incomes are lower, savings often non-existent, and household
expenditures are ever present. Incorporating restraint, long-term
thinking, humor, understanding, acceptance, and diplomacy into the
cauldron of new love can be a difficult task. Working from the My
Way/Our Way system allows you to work towards your ideal life and
financial goals in a holistic manner.
Ideally, balanced and healthy spending habits are acquired at an
early age, so that you can avoid a cumbersome debt load and the
resulting sentence to debtor’s prison—a state of mind that makes it
hard to smile and breathe comfortably. While old habits are hard to
break, the following eleven rules will keep you from mismanaging
income, assets, and debt. If you follow them, you can be virtually
assured of a more balanced life. If you reflect on the accompanying Tao
verses, you can be assured of nothing, but with Taoism, that’s kind of
the point!
In any case, here are some budgeting rules of thumb that I live by:
Rule 1 – 10% for Yourself
