that. but i m finding a lot of people spending a lot more than that because they re not tracking their spending so the trick is set a number and then monitor it. it s going to take you two or three months of budgeting together to get your numbers worked out with trial and error. right. and write everything down to actually get that base. kristina writes this from florida. i ll be enrolling in my first 401k plan soon. i only make $24,000 a year. what s a good starting percentage rate until i m promoted and make more? first thing i m going to recommend you do is get any personal debts paid off because then you don t have those payments and it gives you more money to put into your 401k and make sure you have an emergency fund to put in place. now, if you ve got an emergency fund in place and you don t have any debt payments making $24,000, we re going to try to get you up to as high as 15% of your income going into that 401k especially if they ve got a match. all right. dave ramsey,
reporting live. thank you. let s take a look at the european union s recent debt crisis. by the end of 011, the 17 countries making up the e.u. racked up 8.2 trillion euros in debt. greece, portugal and ireland asked for bailouts. debt payments plus interest got expensive. the next big event to watch, greek elections that happen june 17. voters could clean house sending the message that they want out of the. u. all together. gregg: fox news alert. controversy is growing this hour over classified information leaked that some intelligence experts say threaten u.s. national security, maybe even lives. justice department launching an investigation and now some lawmakers are saying politics must be kept out of it all. yesterday president obama denied any intentional white house involvement.
down the road and delayed decisions that need to be made. it s not hypothetical to people in my generation. we are actually going to see the debt and can no longer afford the debt payments on this unprecedented debt. it s time for leadership and people who will take on the challenges and do so fearlessly. i have done that. learn about our campaign. we really feel like we are in good shape here. do you think he is just he shouldn t be serving because he is too old? is that part of the issue here? you keep bring up 1976. is that what you are trying to imply? not only has he been there too long, but she too old to serve? overtime, washington, d.c. changes people. senator hatch went back in 1976 on a platform and 18 years is too long for anybody to serve. going for the 37th through 42nd
it s 15 months now that syrians have been protesting, and conducting this uprising against their government. we have seen incredible amounts of violence by conservative estimates, more than 9,000 people killed with artillery and tanks and helicopters against opposition demonstratordemonstr. and they ve grown increasingly armed. in spite of that incredible loss of life, there s no sign in sight that the population is willing to give up this rebellion. you have people proudly flying the flag of the opposition. we met rebels that are that look to be better armed than we ve seen in months past. they have better uniforms than they ve had in the past. they seem to be better mobilized as well, and preparing what appears to be for what they think may be the next phase in the fighting there. and we also talked to some of the civilians who have suffered. i talked to a mother who had lost three of her sons. three of her sons who tried to defend their village from two subsequent syrian
guest: what are you saying? neil: i have no idea. i didn t know it was so expensive to get this old. guest: well it is interesting that the imf thinks it is expensive for the government, for me to get old. neil: bingo. exactly right. guest: it is getting expensive but there are things you can do and the standard things we have talked about for building wealth which is cut your life time. you get yourself out of debt so you can invest. in our case we use the roth i.r.a. or 401(k) and those things and, so, you clean up your mess so that you can use your most powerful wealth building tool. if you do not give it out in debt payments you can build wealth and be able to win and go ahead with that. and, of course, you invest and look at stuff like good growth stock mutual fund. i opened a mutual fund with 11.9 percent average for the last 78