In the modern world, it’s probably fair to say that most of us like to get what we want quickly. We like fast food, same-day delivery, on-demand entertainment and fast passes at the theme park. And sure, it would be great to “get rich quick” in the stock market too. 
Saving for retirement is very important, but many people feel that they can’t spare the money to participate in a retirement plan or even create a basic savings account. Retirement plan consultants suggest that the first step is to create a budget. Once you figure out where your money is going, you can look for ways to save more.
Track your spending
When it comes to preparing for a rainy day, the best time to act is now. Establishing a 3-month or $10,000 emergency fund is a critical pillar to your financial wellness — and it will help you sleep a whole lot better at night.
But how can you find room for this essential line item in an already tight budget? Here are 12 tips to help get you there.
There are many formulas for figuring out how much money you need to retire. Almost all of them can end up being wrong for a variety of reasons.
Personal debt problems can arise from numerous circumstances, including health crises, theft, property damage, or loss of income. These situations are beyond the debtor’s control and arise through no fault of his or her own. But in other cases, it’s our own purchasing decisions that contribute to amassing a burdensome amount of debt, and it’s entirely avoidable.
In the modern world, it’s probably fair to say that most of us like to get what we want quickly. We like fast food, same-day delivery, on-demand entertainment and fast passes at the theme park. And sure, it would be great to “get rich quick” in the stock market too. © 2019 The Participant Effect. All rights reserved.
