SAVINGS! No matter how much you skimp and save, something always comes up that needs to be fixed to snatch those savings right out of your bank account. And I'm not talking about savings for anything in particular, just putting money aside so that someday we can say we don't live paycheck to paycheck.
My biggest concern is just making ends meet and making sure everything is working right. I also want to save for emergencies and some things like a car or a better place to live.
It's only money. My biggest concern is that, like the USSR after WW2, our hammer-headed leaders could screw-up our economy so badly that our national debt would make our money worthless. It's why I've delved so deeply into real estate and precious metals.
Bill Gates's $50bb is worth no more than the paper on which it's printed. Hell, a good computer criminal could take every dime from him in a heartbeat (and, ironically, probably using a MS-based program.)
With today's economy, we need to save more in order to sustain our current lifestyles and the extended life spans we are living now. Most of our IRA's and 401(k)s (if we have them) are underfunded and most of us feel we don't have enough to invest in the stock market. If we start small, say save $10.00 a week, in no time a nice sum will be available to us to redirect towards savings. The important thing is to START NOW! It is never too late.
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Comments: 4
Bill Gates's $50bb is worth no more than the paper on which it's printed. Hell, a good computer criminal could take every dime from him in a heartbeat (and, ironically, probably using a MS-based program.)