Finances: Mr. Piggy

Welcome! I’m starting this blog with a very useful piece of advice for all my newlyweds. A good friend shared this interesting tidbit with me a few years ago.

If you are looking at really boosting your savings and have the luxury of a dual income with your significant other, aim to live off one salary and bank the other. Set up a completely separate savings account (an online high yield money market account) with direct deposit of your paychecks and don’t touch it!

It’s also useful seeing how comfortable you are living off one salary, in the case that one of you might stay home or work part time in the future. T and I find it very beneficial and our future Seattle home is closer within reach each month!