How To Save For Retirement – Even
When Money Is Tight!
by: Kris Bickell
So, you want to save for retirement, but you’re
having enough trouble paying your bills every month?
Now what?
How can you possibly find enough money to save for
the future when the present is difficult enough?
If this sounds familiar, then here are a few
suggestions to help making saving money easier. Not
necessarily easy – when money is tight, saving is
probably not going to be easy. But at least it can be a
little bit easier.
For this to work, you first have to be willing to
make a few changes. Actually, it all comes down to one
big change – and that is making a commitment. Without
this commitment, and a plan to go along with it, then
most likely nothing will ever change.
So, go ahead and make a commitment to yourself that
you’ll do WHATEVER it takes to change your financial
situation. And this change won’t come overnight, so give
yourself a time frame to make it happen. Write down your
commitment. And put it in a safe place.
And get ready to make it happen! Here are some
suggestions for saving money – even when money is tight:
First, take a few minutes to read your commitment
each day. The more you believe in what you are doing,
the more you will be willing to take action, and achieve
what you want!
Second, think of ways to make some extra money:
- get a part-time job
- start your own business
- sell items around the house that you don’t need any
more
Third, take out your checkbook and write down a list
of all your expenses for the last month or two. Write
down everything. Then decide which expenses you can
eliminate (and remember, you make a commitment to change
your financial situation, and won’t necessarily be
easy). And decide which ones can be reduced:
- cable TV
- cell phone
- internet service
- newspapers
- magazines
- entertainment
- luxuries
- anything else you can live without!
Be creative. Be honest. And be committed!
Because when money is tight, and you still want to
save for your future, you either need to find a way to
make some more money. Or find a way to lower your
monthly expenses.
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