Another Human trait to which none of us are immune…. There’s no denying it… often times, when faced with doing something distasteful or hard; it just seems easier to “ kick the can down the road”, or put it off ’til tomorrow. To be fair, now & then, there may be good reason to put things off, like ”I don’t have all my ducks in a row” or “the timing isn’t right”. After all “there’s only 24 hours, only so much a man can do” (Joe Walsh), and, “I’m gonna spend the rest of the day making a list of things to do; and I’ll do “em all tomorrow”.
Great song by the way, but time gets away from us and those things we should do are sometimes forgotten….Of course I’m talking about being thrifty.
If I had my way, forced saving would be the “law of the land” when we draw our 1st paycheck and I’m not alone. I’ve learned recently, that many companies now enroll new employees in the company 401k plan as a matter of course; allowing the worker to opt out, but why would you, with matching savings from your employer…This in response to a high percentage of workers not saving enough for retirement
Getting started is the key. Having a plan and sticking to it requires Sacrifice and Discipline.
A good 1st step is to sit down and budget every dime, everything you spend on, and be brutally honest. Once you know where the money goes, you can identify areas to consolidate or trim. Squeeze your budget for 25,50,75 dollars a month (the Sacrifice), then open a savings account where ever you do your banking, and direct them to transfer this amount monthly from your bill paying account to the Savings. The “hard” part is now done, your savings are on “auto pilot”, sit back and watch it grow.
P.S. – If you’re a $100 a month ‘saver’ you can easily become an “investor”, by opening a Mutual Fund account, with a re-occurring monthly purchase ($100), no minimum initial purchase and reap even bigger returns.
So, what’s holding you back? Procrastinate no longer…. the time is now…. No, the time is (in the title of a famous song by The Beatles)…YESTERDAY
Cents Maker