{"id":13470,"date":"2019-09-25T13:59:21","date_gmt":"2019-09-25T19:59:21","guid":{"rendered":"http:\/\/www.themoehrings.com\/?p=13470"},"modified":"2025-04-18T15:23:37","modified_gmt":"2025-04-18T21:23:37","slug":"beccas-money-rules","status":"publish","type":"post","link":"https:\/\/www.themoehrings.com\/index.php\/2019\/09\/beccas-money-rules","title":{"rendered":"Becca’s Money Rules"},"content":{"rendered":"\n

I get the honor of teaching the financial class to our ladies in the transitional house so I came up with my top 10 rules for money. Haha. These are very simple and are basically what we try to teach our kids. I thought I would share and see if you all think I missed anything important.<\/p>\n

Becca\u2019s Top 10 Money Rules!
1. SET A BUDGET \u2013 and follow it
   a. Allocate at least 10% of your income to giving \u2013 God will bless you
   b. Allocate at least 10% of your income to saving until you have 3-6 months necessary expenses savings
        i. Only spend emergency savings on EMERGENCIES!
   c. Allocate at least 20% of your income toward financial priorities
   d. Give yourself some lifestyle spending \u2013 I call it fun money
   e. Keep housing below 30% of your income
2. Do not spend more than you make (if you follow your budget this won\u2019t happen)
   a. Seriously consider all cash (get rid of your credit cards and pay off any loans as soon as possible, debit is the way to go)
3. Do not buy something if you don\u2019t have the money for it (mortgage is only exception)
4. Set specific, but bite sized, money goals
5. Get a money buddy \u2013 this is your spouse if you are married
6. Start saving\/investing now (compound interest)
7. Keep savings in a different account and maybe different bank
8. Create a Financial Calendar \u2013 set reminders to check your credit at each of the bureaus or to pay your taxes, etc.
9. Track Your Net Worth \u2013 this helps you see if you are making progress toward your financial goals
10. Take a daily money minute to check your recent transactions and watch for errors\/id theft<\/span><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

I get the honor of teaching the financial class to our ladies in the transitional house so I came up with my top 10 rules for money. Haha. These are very simple and are basically what we try to teach our kids. I thought I would share and see if you all think I missed…<\/p>\n","protected":false},"author":1,"featured_media":15789,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[245],"tags":[1358],"class_list":["post-13470","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-becca-2","tag-money","wpcat-245-id"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p504YJ-3vg","jetpack-related-posts":[{"id":2515,"url":"https:\/\/www.themoehrings.com\/index.php\/2012\/12\/beccas-christmas","url_meta":{"origin":13470,"position":0},"title":"Becca’s Christmas!","author":"Becca","date":"December 2, 2012","format":false,"excerpt":"It wasn't exactly what I was talking about . . . but we were able to get these shelves very cheaply from a garage sale the church was having. I just had to put some sweat equity into them (with the help of a friend) to get them cleaned up\u2026","rel":"","context":"In "Becca"","block_context":{"text":"Becca","link":"https:\/\/www.themoehrings.com\/index.php\/cat\/becca-2"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3896,"url":"https:\/\/www.themoehrings.com\/index.php\/2013\/07\/2013-destination-destin","url_meta":{"origin":13470,"position":1},"title":"2013 Destination Destin","author":"Becca","date":"July 7, 2013","format":false,"excerpt":"We had a wedding for Becca's cousin in Destin at the end of June 2013 and the kids hadn't spent very much time at the beach. So we made it a family vacation! We drove the 3400 mi round trip in our little Civic. Our trip included four new states\u2026","rel":"","context":"In "Becca"","block_context":{"text":"Becca","link":"https:\/\/www.themoehrings.com\/index.php\/cat\/becca-2"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.themoehrings.com\/wp-content\/uploads\/2013\/07\/13-hannah-nate-becca-benjamin2.jpg?fit=1200%2C818&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.themoehrings.com\/wp-content\/uploads\/2013\/07\/13-hannah-nate-becca-benjamin2.jpg?fit=1200%2C818&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.themoehrings.com\/wp-content\/uploads\/2013\/07\/13-hannah-nate-becca-benjamin2.jpg?fit=1200%2C818&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.themoehrings.com\/wp-content\/uploads\/2013\/07\/13-hannah-nate-becca-benjamin2.jpg?fit=1200%2C818&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/www.themoehrings.com\/wp-content\/uploads\/2013\/07\/13-hannah-nate-becca-benjamin2.jpg?fit=1200%2C818&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":9729,"url":"https:\/\/www.themoehrings.com\/index.php\/2014\/08\/groceries","url_meta":{"origin":13470,"position":2},"title":"Groceries","author":"Becca","date":"August 10, 2014","format":false,"excerpt":"Ok, so this week's theme is apparently \"Becca's brain doesn't work anymore week\". I left groceries in the trunk since Wed and was totally surprised when I found them this morning. Grrrr!","rel":"","context":"In "Becca"","block_context":{"text":"Becca","link":"https:\/\/www.themoehrings.com\/index.php\/cat\/becca-2"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":14021,"url":"https:\/\/www.themoehrings.com\/index.php\/2020\/01\/stories-2","url_meta":{"origin":13470,"position":3},"title":"Stories","author":"Becca","date":"January 18, 2020","format":false,"excerpt":"Grandma had given the kids all my (Becca's) photo albums from growing up for Christmas and then when they came to visit she told them all the stories. Haha","rel":"","context":"In "Becca"","block_context":{"text":"Becca","link":"https:\/\/www.themoehrings.com\/index.php\/cat\/becca-2"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.themoehrings.com\/wp-content\/uploads\/2020\/02\/01-joel-carol-hannah.jpg?fit=1200%2C960&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.themoehrings.com\/wp-content\/uploads\/2020\/02\/01-joel-carol-hannah.jpg?fit=1200%2C960&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.themoehrings.com\/wp-content\/uploads\/2020\/02\/01-joel-carol-hannah.jpg?fit=1200%2C960&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.themoehrings.com\/wp-content\/uploads\/2020\/02\/01-joel-carol-hannah.jpg?fit=1200%2C960&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/www.themoehrings.com\/wp-content\/uploads\/2020\/02\/01-joel-carol-hannah.jpg?fit=1200%2C960&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":22592,"url":"https:\/\/www.themoehrings.com\/index.php\/2023\/04\/kids-and-youth-sketch","url_meta":{"origin":13470,"position":4},"title":"Kids and Youth Sketch","author":"Becca","date":"April 5, 2023","format":false,"excerpt":"I keep asking the kids if they want to join a theater group and they keep saying no but then they do stuff like this. Hopefully we will get a better recording than we did at Christmas (Becca's technical error).","rel":"","context":"In "Faith"","block_context":{"text":"Faith","link":"https:\/\/www.themoehrings.com\/index.php\/cat\/faith"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.themoehrings.com\/wp-content\/uploads\/2023\/04\/sketch.jpg?fit=940%2C788&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.themoehrings.com\/wp-content\/uploads\/2023\/04\/sketch.jpg?fit=940%2C788&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.themoehrings.com\/wp-content\/uploads\/2023\/04\/sketch.jpg?fit=940%2C788&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.themoehrings.com\/wp-content\/uploads\/2023\/04\/sketch.jpg?fit=940%2C788&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":25167,"url":"https:\/\/www.themoehrings.com\/index.php\/2024\/03\/favorite-2","url_meta":{"origin":13470,"position":5},"title":"Favorite","author":"Becca","date":"March 20, 2024","format":false,"excerpt":"The new winner of Becca's favorite pen goes to Sharpie S Gel! So smooth and I just found the blue ones. Yay! Beating out Pilot gel and uniball because my lefty hand doesn't smear the gel as I write. It's the little things. . .","rel":"","context":"In "Becca"","block_context":{"text":"Becca","link":"https:\/\/www.themoehrings.com\/index.php\/cat\/becca-2"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.themoehrings.com\/wp-content\/uploads\/2024\/04\/09-pen-scaled.jpg?fit=1200%2C960&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.themoehrings.com\/wp-content\/uploads\/2024\/04\/09-pen-scaled.jpg?fit=1200%2C960&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.themoehrings.com\/wp-content\/uploads\/2024\/04\/09-pen-scaled.jpg?fit=1200%2C960&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.themoehrings.com\/wp-content\/uploads\/2024\/04\/09-pen-scaled.jpg?fit=1200%2C960&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/www.themoehrings.com\/wp-content\/uploads\/2024\/04\/09-pen-scaled.jpg?fit=1200%2C960&ssl=1&resize=1050%2C600 3x"},"classes":[]}],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.themoehrings.com\/wp-content\/uploads\/2020\/10\/logo-w-vs.jpg?fit=993%2C1002&ssl=1","_links":{"self":[{"href":"https:\/\/www.themoehrings.com\/index.php\/wp-json\/wp\/v2\/posts\/13470","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.themoehrings.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.themoehrings.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.themoehrings.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.themoehrings.com\/index.php\/wp-json\/wp\/v2\/comments?post=13470"}],"version-history":[{"count":3,"href":"https:\/\/www.themoehrings.com\/index.php\/wp-json\/wp\/v2\/posts\/13470\/revisions"}],"predecessor-version":[{"id":31729,"href":"https:\/\/www.themoehrings.com\/index.php\/wp-json\/wp\/v2\/posts\/13470\/revisions\/31729"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.themoehrings.com\/index.php\/wp-json\/wp\/v2\/media\/15789"}],"wp:attachment":[{"href":"https:\/\/www.themoehrings.com\/index.php\/wp-json\/wp\/v2\/media?parent=13470"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.themoehrings.com\/index.php\/wp-json\/wp\/v2\/categories?post=13470"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.themoehrings.com\/index.php\/wp-json\/wp\/v2\/tags?post=13470"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}