The Best Financial Advice Ever Heard
There is so much noise out there on what you should do with your money. We have read hundreds of articles, several books, blogs, websites, magazines, watched videos, listened to podcasts, and guess what? We put it all together and put together the best financial advice ever heard.
Start with 10%
Whatever you make, for the rest of your life, save 10% of it right now. It is UNBELIEVABLE how much you will have by the time you’re 30, 40, 50, 60, or beyond. A small example, you make $50,000 in a year. That’s $5,000 in savings. You do that for 20 years, and you have $100,000 in savings. If you invest that? Even more…
It doesn’t hurt you at only 10% of your paycheck, but you have a ton to gain over time.
Save a little more
There are things we do every day, things we buy. They become a habit. Coffee, tea, chips, chocolate, scratchers, smokes, beer, cards, collectibles, etc…Each day we have a choice if we’re going to fall into that routine and buy it or not. We can put that money towards feeding that habit or routine or put that money away for something bigger. That was personally the best financial advice I had ever heard. I started saving a few dollars a day, and it grew quickly. The same can happen for you.
