Results 1 to 20 of 48

Scrapping & Saving

| A Day in the Life of a Scrapper

Hybrid View

  1. #1
    Patriot76's Avatar
    SMF Badges of Honor



    Member since
    Dec 2012
    Location
    Buffalo Commons
    Posts
    2,955
    Thanks
    10,578
    Thanked 7,214 Times in 2,253 Posts
    Retirement experts recommend saving between 15 - 20 % of net income for retirement. Savings for emergency expenses should equal 6 months to one year. If you follow these two rules and limit your debt to your mortgage, you are ahead of 90% of your neighbors.

    Credit card rewards are another strategy. Everything is charged to document expenses. In return the credit card bought a new AR for a full time scrapper. If you do not understand, you do not want to. For this scrapper, it is a scrapping tool to eliminate the predators that get in the way. Yes, save for a rainy day because it gives you more options and freedom in the future. Good luck to the future generation, you have the ultimate challenge ahead of you.


  2. The Following 2 Users say Thank You for This Post by Patriot76:


  3. #2
    TheRecycler started this thread.
    TheRecycler's Avatar
    SMF Badges of Honor


    Member since
    Jan 2013
    Location
    Ithaca, NY
    Posts
    616
    Thanks
    31
    Thanked 413 Times in 199 Posts
    Quote Originally Posted by Patriot76 View Post
    Retirement experts recommend saving between 15 - 20 % of net income for retirement. Savings for emergency expenses should equal 6 months to one year. If you follow these two rules and limit your debt to your mortgage, you are ahead of 90% of your neighbors.

    Credit card rewards are another strategy. Everything is charged to document expenses. In return the credit card bought a new AR for a full time scrapper. If you do not understand, you do not want to. For this scrapper, it is a scrapping tool to eliminate the predators that get in the way. Yes, save for a rainy day because it gives you more options and freedom in the future. Good luck to the future generation, you have the ultimate challenge ahead of you.
    Spoken like a man of true wisdom
    Your Trash-My Cash
    Yours Truly, TheRecycler:
    RecycleReuseItAll@Facebook.com

  4. The Following User Says Thank You to TheRecycler for This Post:


Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

 
Browse the Most Recent Threads
On SMF In THIS CATEGORY.





OR

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

The Scrap Metal Forum

    The Scrap Metal Forum is the #1 scrap metal recycling community in the world. Here we talk about the scrap metal business, making money, where we connect with other scrappers, scrap yards and more.

SMF on Facebook and Twitter

Twitter Facebook