Comments on: Live on One Income and Save the Other: The BEST Money Hack for Couples https://mumsmoney.com/living-on-one-income/ Make it, Save it, Spend it Wisely Tue, 04 Jun 2024 22:37:55 +0000 hourly 1 https://wordpress.org/?v=5.8.3 By: Emma Healey https://mumsmoney.com/living-on-one-income/#comment-1102 Sun, 13 Jun 2021 02:01:05 +0000 http://www.moneycanbuymehappiness.com/?p=5852#comment-1102 In reply to Ky.

We had an online savings account through ING.

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By: Ky https://mumsmoney.com/living-on-one-income/#comment-365 Wed, 29 May 2019 18:38:05 +0000 http://www.moneycanbuymehappiness.com/?p=5852#comment-365 If you don’t mind me asking; what interest savings account did/do you use?

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By: Kati https://mumsmoney.com/living-on-one-income/#comment-363 Sun, 29 Jul 2018 07:50:16 +0000 http://www.moneycanbuymehappiness.com/?p=5852#comment-363 This is so great. I wish we lived off one income and saved the other before having our son and getting a ridiculous mortgage. Unfortunately, downsizing to a smaller house is not going to happen anytime soon (it’s an emotional thing), but we should still be able to save a decent chunk of our income. I figure we just have to make the effort to earn more in order to get to that 50% savings rate.
Kudos to you for being able to be so strict to do so though.

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By: Emma Healey https://mumsmoney.com/living-on-one-income/#comment-361 Sun, 06 Nov 2016 21:26:53 +0000 http://www.moneycanbuymehappiness.com/?p=5852#comment-361 In reply to Amy@MoreTimeThanMoney.

We only did it for the year before we went travelling and then again when I was pregnant but it made a huge difference to our finances. I wish we had started living like this when we first moved in together, as we’d likely be close to early retirement now.

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By: Emma Healey https://mumsmoney.com/living-on-one-income/#comment-360 Sun, 06 Nov 2016 21:24:09 +0000 http://www.moneycanbuymehappiness.com/?p=5852#comment-360 In reply to Becki Svare.

You’re welcome, Becki. All the best.

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By: Emma Healey https://mumsmoney.com/living-on-one-income/#comment-359 Sun, 06 Nov 2016 20:39:32 +0000 http://www.moneycanbuymehappiness.com/?p=5852#comment-359 In reply to Christy.

Christy, firstly, hats off to you. Seriously, there is no more noble cause for your money than your kids. Secondly, even with a low savings balance it’s possible to travel. Have you considered house-sitting? Or even swapping your own house for another? There are many ways to travel on a budget, if that’s what you want to do.

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By: Christy https://mumsmoney.com/living-on-one-income/#comment-358 Sun, 06 Nov 2016 17:33:59 +0000 http://www.moneycanbuymehappiness.com/?p=5852#comment-358 I wish so much I had a good husband so I could do this. Mine was aweful so Im divorced with 3 kids. Im very frugal as I provide for them all by myself with just my one income. We do ok, but savings are meager. My dream of traveling will have to wait a few more years until they are all grown.

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By: Becki Svare https://mumsmoney.com/living-on-one-income/#comment-357 Sun, 06 Nov 2016 13:08:23 +0000 http://www.moneycanbuymehappiness.com/?p=5852#comment-357 Great info! Our family loves to travel and we’re on the path of trying to figure out how to travel.more often. Thanks for the tips!

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By: Amy@MoreTimeThanMoney https://mumsmoney.com/living-on-one-income/#comment-356 Sat, 05 Nov 2016 18:38:59 +0000 http://www.moneycanbuymehappiness.com/?p=5852#comment-356 Grwat advice, I wish we’d done this before we had kids! We did for a short time when my husband wasn’t working, but had we done it for longer we’d have more freedom now. This would be my advice to my kids when the are older.

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