It’s never too late to start saving, but early starters definitely have an advantage. If you haven’t started saving yet, keep going! Immediately. As right, right now. Visit your banking website and open a savings account. Transfer some money. Any small amount of money you can spare to get started is effective.
Putting money into savings is never a losing game. You’re taking advantage of a little bit of yourself now to give back 10 times as much to yourself in the future. Treat it like an invoice and pay into your monthly savings.
I don’t know how much you can save. Create a budget and calculate. No one else will save you money; You have to take the lead.
Afraid to start? Let fear motivate you, not debilitating, man. Saving is a number game – how much and when do you want? Do you want to travel next year? Are you saving upfront for a home? Think about your goals and work in the opposite direction.
Price a few vacations, new homes, new cars, whatever you want. Find out when you want to buy. Divide the money for the remaining months. Can you support so much? If you don’t have enough dollars, then you’ll need more time.