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Saturday, January 21, 2012

Start saving for retirement now, it is never too late

It is never too late to start planning for retirement.

Start your Great Recovery by saving money everyday. It does not matter how much it is, just start!

Take a coffee can and challenge yourself to fill it up with your change as fast as you can.

Here are some tips to start building your retirement nest egg.

Pay cash for your gas. Never pay an even amount , for example $30. Put $29.03 in your tank and put the $.97 in your change coffee can.

Count it at the end of one week and then try to double your savings next week.

Figure out ways to save money. One great way is to combine trips to the grocery store.
Take the savings on the gasoline you would have spent and then put the savings in your coffee can.

Start a shopping club. Gather your friends and go to the grocery store together or take their lists and go for them. Each one takes a turn going to the store. Depending on how many is in your group, you may only have to go to the store once a week or even once a month.

Is the video store on the way to the grocery store, where is the mall, do you need your dry cleaning picked up? Can you get your car serviced on the way to the grocery store?
Call your shopping club when you are out and about and ask them if you can do an errand for them?

Go to the store for someone that cannot go by themselves, or better yet, take them with you.

You would be surprised on how much time and money you could save.

Start dreaming about the day where all of your bills are paid in full.

Start proclaiming that your are debt-free

START now saving for your retirement

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