Categories: Curiosities

How to Quit 10 Bad Money Habits That Rob You Blind

Failing to fund a retirement plan

There are compelling excuses for putting off saving for retirement. But none of those excuses will matter if you reach retirement age with little saved. And, if you don’t take advantage of your employer’s matching contributions, you’re passing up free money every month.

Build a better habit: Imagine yourself at age 70 or 80. Picture concrete details — how you look, where you are, how you’re spending time and who is with you. The more real your future self is to you, the more likely you are to care for her or him today.

Start paying close attention to your retirement savings. If you can’t significantly increase the monthly contribution you make to your plan immediately, increase it by 1 percent a month. Once a year, check the performance of your investments and rebalance your portfolio.

Page: 1 2 3 4 5 6 7 8 9 10 11

C.C.

Recent Posts

20 Ways to Increase Your Savings and Retire Rich

Envision that perfect, comfortable retirement: You’re on the beach, soaking up the sun and sipping…

6 years ago

15 Tips on How To Live Like The Rich, Even on a Tight Budget

If you’re earning the minimum wage, you might not consider it a living wage. After…

6 years ago

12 Best Reusable Products That Will Save Money and Limit Waste

Sometimes, shopping trips can feel like deja vu. Are we really out of dish soap…

6 years ago

10 Things Everyone Should Own That Cost Less Than $100

It's important to save money, of course. But you also need to know when to…

6 years ago

Genius Ways to Maximize Your “Me Time”

Me Time: The glorious devotion of minutes (and ideally, many of them) spent entirely on…

6 years ago

20 Items No One Should Ever Buy From a Grocery Store

Do you love your neighborhood grocery store? Buy everything you need there? If so, your…

6 years ago