When it comes to saving money, sometimes it can be easily overlooked in these debt focused times. Deservedly so, paying down debt has its importance. Typically, with any budget, money is set aside each month for all the bills and other monthly costs. Leaving savings to sometimes take a backseat to those credit card bills or student loans. Which only puts off those savings goals another month. Before long that vacation fund is four months short and sitting on a beach in December is looking very unlikely.
There’s a reason company retirement plans tend to work well from a savings perspective. How many 401k deposits can you miss when the money is taken out before you get paid. It’s basically an automatic bill pay for your retirement account. As long as you show up for work, your retirement savings gets it’s monthly payment.
A Lesson From The Past
As a kid getting any amount of money is a big deal. It can be hard to grasp what things cost and how it relates to the value of the dollar. So, even getting a few quarters can be exciting. At least it was when I was growing up. A quarter back then got me a game of Pac-Man or a bunch of candy. Continue Reading…