60% Solution... Anyone Else Heard of It?
http://articles.moneycentral.msn.com...0Solution.aspx
Hey all! I was flipping through a copy of GQ magazine and ran into an article about the 60% Solution by Richard Jenkins. I tracked down this article on MSN that explains it a little more in detail. I'm so into it! The idea of putting aside 60% of earnings and dividing the remaining 40% up for different savings (10%-retirement, 10%-emergencies, 10%-regular) and 10% for fun-money makes a ton of sense to me. I put it into effect just recently when I made a bit over $1200 this month in a photo shoot and I plan to use this model as I keep making money doing web-camming. When I go back to making money dancing full-time this winter, I'll be in the habit of using it and be able to put my money away a lot faster.
Has anyone else ever heard of this before? I don't think this guy's ever written a book or anything but a friend mentioned to me she may have seen him on Oprah before talking about this method.
I hope someone else finds this as helpful as I do!:D