06:02
Faizan
3 Steps to Make Saving Simple!
"I never realized I could accumulate wealth over time by putting a small amount of money aside each month. I always thought I had to wait until I had large amounts of money before I could start a retirement or emergency savings account."
This comment came from a woman who had been attending one of my Financial Dating classes. This paradigm shift was causing a new world of financial possibilities to open up for her.
I experienced a similar shift when I helped my husband open his retirement account. We started his account with just $25. Each month we increased his contributions by $10. Because the amount was so small, we found it easy to do, and it never caused any financial strain.
We were able to boost our retirement savings even more after we paid off our credit card debt. We took our monthly credit card payment and applied it towards our retirement savings. Because we had already adjusted financially to making our credit card payments, it was easy to apply the payments towards retirement. It was a great and effective strategy - one that anyone can do.
My husband and I chose to "invest in ourselves first" by automating our payments towards our credit card debts, and our retirement and emergency savings. We didn't want to wait to see if we would have money available at the end of each month. Our payments were never late, and they occurred each month - like clockwork.
"I never realized I could accumulate wealth over time by putting a small amount of money aside each month. I always thought I had to wait until I had large amounts of money before I could start a retirement or emergency savings account."
This comment came from a woman who had been attending one of my Financial Dating classes. This paradigm shift was causing a new world of financial possibilities to open up for her.
I experienced a similar shift when I helped my husband open his retirement account. We started his account with just $25. Each month we increased his contributions by $10. Because the amount was so small, we found it easy to do, and it never caused any financial strain.
We were able to boost our retirement savings even more after we paid off our credit card debt. We took our monthly credit card payment and applied it towards our retirement savings. Because we had already adjusted financially to making our credit card payments, it was easy to apply the payments towards retirement. It was a great and effective strategy - one that anyone can do.
My husband and I chose to "invest in ourselves first" by automating our payments towards our credit card debts, and our retirement and emergency savings. We didn't want to wait to see if we would have money available at the end of each month. Our payments were never late, and they occurred each month - like clockwork.
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