| Saving for retirement has nothing to do with | | | | Because when the monthly interest gets tacked on, |
| increasing your income or putting more hours on the | | | | you end up paying twice as much. You think you will |
| job. On the contrary. It is about making choices to | | | | be able to manage spending. Some day. Just not right |
| have control of your retirement. | | | | now. And before you know it, your house is full of |
| You spend nine hours at your job and another hour | | | | things you paid on credit and nothing in the bank. This |
| or two driving to work and back. That leaves just | | | | is called a spiral of debt. And it is easy to get into |
| enough time to eat and flip through a zillion channels | | | | and takes some effort to get out of. |
| before scurrying off to sleep. And tomorrow you will | | | | Instead of spending it on stuff, why not save it |
| repeat the process. All to pay bills that keep | | | | instead? Manage spending by making it a way of life |
| increasing over time. Sound familiar? How many hours | | | | and guess what? You can even retire early. Know |
| do you need to work to buy a new sofa? A new | | | | what your options are. |
| outfit? | | | | Saving For Retirement Choices |
| This is not about food and shelter which are | | | | - Savings Accounts |
| necessities. It is about the stuff that ends up in the | | | | - Money Market Accounts |
| back of your closet or in a garage sale. What did it | | | | - Certificates of Deposit |
| cost you in work time? Be honest now. Realize this is | | | | - Savings Bonds, Treasuries, Money Market Mutual |
| time you can never get back. How many times do | | | | Funds |
| you run to the store and come back with a bagful of | | | | - Employer's 401ks and IRAs |
| items you really do not need? | | | | Use the resources available to your advantage. Make |
| Getting a Second Job to Make More Money | | | | choices that will provide you with control of your |
| The fact is as your income increases, so does your | | | | retirement such as frugal living and continuous |
| spending. A new refrigerator or big screen TV now | | | | investing. Make saving for retirement a way of life |
| gets slapped on your credit card. Heck, you are | | | | and the decision of where and when to retire |
| making more money, right? Why not? | | | | becomes yours for the taking. |