[speaker001:] he uh well do you use a budget
[speaker002:] uh I do at times off and on right now I'm probably in one of the more the more off times
[speaker001:] any particular reason uh that you get off of it or does it seem to work for you
[speaker002:] oh it works fine it's just I I think sometimes I you know you get busy you slack off a little bit and then you know there's no more uh I mean you know then it's work to catch up
[speaker001:] yeah
[speaker002:] uh you know then the two or three times where I've got to the point I really needed one I created one and stuck by it
[speaker001:] and you do stick by it when you do it huh
[speaker002:] yes how about you
[speaker001:] well I tend to have a monthly budget and basically what it is I list all my income coming in and the expenses and whatever's left over I spend
[speaker002:] hm
[speaker001:] you know I just that just kind of seems to be the way it works
[speaker002:] the budget I stuck on the most
[speaker001:] pardon me
[speaker002:] was the the budget I was on the most was what was called the ten twenty seventy budget
[speaker001:] and
[speaker002:] and basically ten percent of your income goes to uh uh long-term savings
[speaker001:] um-hum
[speaker002:] twenty percent goes toward uh basically short-term you know doing going out to dinner like going to the movies uh maybe you know saving that part up toward like going on you know something something a little little more short-term than like the long-term budget and then the other and then seventy percent goes toward uh uh you know paying debts and and and that kind of stuff with the whole idea being that you pay yourself first you're more likely to stick with it
[speaker001:] yes and I know that that theory unfortunately neither I'm married married and neither my husband or myself have the greatest amount of self-control in the world
[speaker002:] hm
[speaker001:] and uh so that makes it pretty easy not to stick with the budget at times you know instead of thinking oh we'll save it this month we'll think well oh gee we'll buy this lamp or this whatever you know
[speaker002:] sure
[speaker001:] so uh our savings our savings plan sometimes goes down the drain but are you married
[speaker002:] uh I will be a week from next Monday
[speaker001:] oh do you think this is going to change the way you budget your money in any way
[speaker002:] no not really
[speaker001:] have you kind of discussed this already with your fiancee
[speaker002:] yeah yeah so far for now I think uh I mean for now we've still got our own money really uh and that'll probably it'll probably be that way till uh you know we like buy our own house together or something
[speaker001:] uh-huh
[speaker002:] in which case you know it's very convenient to once again throw everything together uh
[speaker001:] well I agree it's uh maybe for us anyway it's easier just to to put it all in one big pot and not worry about who makes what or who you know who donates what to it
[speaker002:] right right
[speaker001:] but uh but we just kind of started out that way and
[speaker002:] yeah and and right now in my case it's more situation that uh that she uh uh has still got a lot of debt and it's easier for me to kind of like just shoulder
[speaker001:] oh
[speaker002:] the normal stuff
[speaker001:] uh-huh
[speaker002:] and let her concentrate on getting herself out of debt
[speaker001:] well that's a good idea do you think this is true of all women I seem to have been in debt when my husband and I got married too
[speaker002:] well I was the year before and that was the last time I really got on a budget was to really fight being in debt because I didn't like it
[speaker001:] uh no it's not a whole lot of fun
[speaker002:] so  I think it's people in general yeah you have a tendency that's a tendency to do it when you can uh one of the ways I insure my long-term savings is the fact that you know I've got a 401K plan so I've got uh five percent of my income going into that uh that's actually five percent before taxes
[speaker001:] um-hum um-hum
[speaker002:] uh that could you know so that's even more and then I've also uh uh you know got a few other miscellaneous automatic deductions
[speaker001:] which I think is really the easiest way to save because once you have the money in your hand in the check you'll think oh well I just won't put anything
[speaker002:] yeah absolutely
[speaker001:] or you know even if it's of course most of us are direct deposit anymore anyway I'm sure but once it goes into the checking account it's awfully hard to transfer it over
[speaker002:] right well I've I've even got a uh fifty dollar a month uh uh mutual fund automatic transfer on the twentieth of every month
[speaker001:] that's a good idea
[speaker002:] you know once again you know you know it's there you know it's going to happen it's a uh an easier way to uh to save
[speaker001:] um-hum and uh your fiancee is she'll she goes along with the savings part too even though uh she's managed to get herself into debt
[speaker002:] no she has no saying
[speaker001:] but you're going to manage to make her stick to your plan right
[speaker002:] well sure you know you know like you said for right now we really kind of each have our own money which is maybe a weird way to do your budgeting but
[speaker001:] um-hum
[speaker002:] I I think until you know we're we're both growing because you know of that I think it'll probably stay away for awhile
[speaker001:] well actually I know some people a a girlfriend of mine who was married probably about three three or four years ago and they still have separate checking accounts that's the way they prefer it uh you know uh she doesn't go into detail as to why they prefer it that way or anything but it's everybody as long as I think uh your
[speaker002:] right