These 3 Reasons to Save Money Will Give You the Motivation to Start
Saving money takes discipline. And a certain amount of sacrifice. According to Northwestern Mutual , 20 percent of Americans have nothing in retirement savings, and 45 percent of Americans are not prepared for the likelihood of outliving their retirement savings. The importance of saving money is rarely disputed. Saving is one of the most basic (and most repeated) bits of financial advice out there. Despite the importance of saving money, many of us aren’t following through on that tip. When it comes to doing the right thing financially, just knowing you should save isn’t enough. And that makes sense. It’s tough to do something consistently without understanding why you should save money and put in all that effort in the first place. After all, saving money takes discipline and a certain amount of sacrifice. Knowing the reasons to save money can be critical if you want to stick with a savings plan for the long term. If you need help understanding the importance of saving ...