Ahhh the age-old philosophy of saving money, it’s a classic…and for a good reason. When it comes to saving money, keep a famous saying in mind: better soon rather than later! By putting money aside now and investing it, that means it can grow in the future. So what does this mean for you? Well, it means that by not saving now you’re essentially cutting yourself short for the future.
Everyone has a different idea of what retirement looks like. Some people want to work as long as their health allows, while others can’t wait to clock out for good at 60. No matter what image you have for the future, the important thing is to make sure your saving habits will get you there. Your plans and goals can change, but your saving needs to be constant.
Have you heard of auto-saving strategy? Don’t be intimidated by this fancy term—the concept is actually pretty simple. It’s a great way to make saving easy, and more importantly, consistent.