That One Simple WordSavings
When you hear that one, simple word, do you feel a deep sense of guilt? Of course you do we all do. That is because, like most Americans, 75% of respondents said they knew that their savings, targeted for retirement, were insufficient.
Thats cause for distress, perhaps, but not nearly as remarkable as the discovery that how much you save now has very little to do with how rich you are, today. This is so true in fact, that the middle-income earners managed to save less than the lower-income earners in that same study. Now this is remarkable when you think about it. Those with less saved more! What is the secret to their savings success?
For those of us who scrimp and save endlessly and with so little to show for it, these statistics are both annoying and embarrassing! It also means you have no excuse for inadequate savings.
The bottom line here is this: You just have to save, regardless! That means for every you earn, you MUST sock away at least in savings. Does not sound to be too difficult, right? WRONG!
UNLESS you have an iron clad savings plan, you will not save a single red cent! The trick is in the purpose and the plan!
Again, look to the Energy Star site for a list of energy-efficient models if youre looking to replace yours.
Help I Need Money
44%, youll pay ,470 per year just in interest alone.
In addition, department and grocery stores give discounts at the fuel pump when you use their store membership cards. When saving for an emergency fund you just cant go wrong with cash! Well, dont do the same!
|