Never Too Soon

Most of my readers are between 18 and 35.  And many of us, at this age, don’t see the value in saving for retirement.  Sure, we know how to save for a car or a pair of Jordans but the strategic planning that is required to make sure that we can live comfortably after our days of gainful employment eludes many of us.

So when should you start saving for retirement?  Right now.  Even if you feel like you can’t afford to save, you can.  Just think about what you can cut out.  For instance, I’ve let go of drinking beer during the week for a while.  Now, if you know me, you know I love an ice cold beer after a long day.  But is that beer helping me reach my goals?  No.  Now, are there exceptions to the rule?  Yes.  But for the most part, I figured out that it was better for my health, both financial and physical, if I cut back on the number I was having a week.  Now, that 6 pack that cost me $10 lasts me a month instead of a week.  That’s $400 per year saved.  Over the years, that $400 will grow immeasurably.  So why not sacrifice today’s cold one for tomorrow’s month worth of rent?

What can you cut out of your lifestyle that won’t make a huge dent at this moment but, in the future, will pay dividends?  Think about it and let us know in the comments section.


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