Saturday, August 3, 2013

The old trick for financial success is still valid...

 Save and save and then... save some more...

I know I may sound like a broken record, but more than half of all workers and retirees say they have less than $25,000 in savings, according to a 2011 survey by the Employee Benefit Research Institute. And while we all may have a thousand and one excuses for why we can’t save, the reality is that saving something, anything, is still better than saving nothing. Saving money doesn’t have to be hard if we make it a priority and as automatic as possible. Start with the smallest amount you can put away per week, and try to increase it monthly, or quarterly, as you build a bigger and bigger savings account.

Call me soon to let you know how a particular form of investment can help you grow your savings dramatically using the power of compound interest.

Jesse Alvarado
(562)822-5565 

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