Insights on Money Management
Your Challenge - save $15 a week
Sounds pretty easy doesn't it? Just save $15 a week.
If thats true, why aren't more people doing it, and getting the advantage in retirement?
We nearly all "waste" $15 or more every week. To some of us who don't drink coffee, don't go to the pub, resist the temptation of the lottery and have avoided smoking it can be simple. But even then it doesn't get the attention it deserves.
So why do it?
Well, starting at age 35 and saving $15 a week by sacrificing something small like a few cups of coffee, a few beers, or some lottery tickets and earning a modest return of 3% a year will add up to over $54,000 more in your retirement fund. Im pretty sure you'll like the $54k a whole lot more than you'll miss the little things!
Its a simple plan but a powerful one. Get it started today. For a first step, do a household budget. Click this link to get a worksheet to help you out.
Contact us at Clifton Accountants if you need help. Alternatively contact Clifton Wealth to have a Compelling Conversation about achieving those life and financial goals.
Read more about how Cliftons help to build wealth. See more about the Cliftons Approach to working with clients.
