WEB Notes: This is absolutely absurd! Look folks, the buck stops with you. I get it, life can be tough, but when it gets tough we as Christians become tougher. We need to make financially responsible decisions, do not roll monthly debt on credit cards. That is a recipe for disaster and so are monthly payments on other items. Pay yourself. Save your money until you have enough to pay cash…
Look at the images from the source. One of the biggest reasons for not saving is “I don’t make enough money”. That maybe true in many instances, but I tell you what. If you wanted to save you still can do it. Cut the expenses. You know how much money it costs to buy a lunch or take the family out to dinner. If you do not have that kind of money, then maybe you should consider wiser investment decisions and not be one of those in this 42% bracket.
At this rate, retirement is more of a fantasy than a reality for many people in this country. About 42 percent of Americans have less than $10,000 saved for when they retire, according to a study by GoBankingRates released Tuesday.
The No. 1 reason most people cited for not stashing more away was because they didn’t earn enough to save, followed by the fact that they were already struggling to pay bills, GoBankingRates said. The personal finance site polled more than 1,000 adults online in February.