Friday, April 6, 2012

How To Start Saving Money - Watch Your Time Clock

What is the one thing that everyone on this planet has the same to start with?

No, it's not money ! Some are born into wealth, many more are born into poverty.

The one thing that is the same is your time clock set at zero and counting.

The Most Precious Commodity


The most precious commodity that each person has is time. Time is something that can never be replaced. Once it's gone, it's gone forever.

Therefore it is imperative that we make the best use of out time we have. Don't put off until tomorrow what you can do today. Your tomorrow may never come.

Time and Money


Much has been written about starting to save money at an early age in order to provide a comfortable retirement. But what does retirement really mean for you ?

Does it mean working all of your life until some time in your sixties, then hopefully you will be able to enjoy your life if you can afford it ? How about retiring early, say in your mid forties, while you still have your health and more time to enjoy it ?

I think I know which option most people would choose if they had the choice. But guess what, you do have the choice and you can make that choice right now !

Your Time Clock


Whether your time clock is at twenty years, thirty years, or more, now is the time you must take action to build towards the future you want to have. Start saving now and you will be much better off than if you put it off for another 5 years (for example) on your time clock.

Be the one who retires in your mid forties and welcomes a future of enjoyment and pleasure. Don't be the one who is still working in your mid sixties and regrets never starting to save earlier on their time clock.

Use The Tools


Go to the Tools page of this site and enter a comfortable savings amount for a period of say five years. Compound it once per year at say 5 percent and write down what the final number is. Now change the savings period to ten years and note the difference. Now do fifteen years and twenty years. This will demonstrate how much it will cost you to not start saving now.

Your Choice 


The choice is now yours to start saving now or waiting to some time in the future or maybe never saving at all. Whatever you choose, the choice is yours right now. You will never have this choice again because your time clock is forever counting. This chance will be gone forever.

As always, I welcome your comments and suggestions for future topics.


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