The Money Guy Show

A lot of our folks do great like budgeting and managing their base salarynd then these bonuses come in. And if you don't spend all that money, unlike whatever you pay your tax, you go put the pool in or go on the vacation, whatever. The thing is, what you're doing is your savings rate is not going to be strong enough to continue to allow you to live the level of life style you have become accustomed to. So it's a nice metric to make sure you keep your consumption in check. Abound wealth management does not render or offer to render personalized investment or tax advice.