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The government, Federal Reserve, Wall Street, and their willing accomplices in the media would have you believe that funding and maintaining a savings account is the way to get ahead in America. The scary truth is that those who fall for this line of government BS are doomed to a life of decreasing wealth. The [...]
At the start of your working life, it may be hard to imagine where exactly you’re going to pry loose a few dollars to invest when you’re living paycheck to paycheck and barely paying all the bills. True, it’s not easy. Nobody promised that but clever money management skills can go a long ways towards finding extra cash to put to work building wealth for later.
The secret to finding money to invest in a tight budget? Learn to save first. Even if you make a modest salary, say $30,000 and live in an expensive city, you can develop the habit of saving by practice, practice, practice. It’s just like exercise. Get used to doing it and soon it will be second nature. Don’t start with the intention of putting back some crazy amount that equals half your income.
