Retiring rich is definitely harder these days than a few decades ago. Wages, which had increased without fail for nearly 30 years, began to stagnate in the mid-1970s. Jobs with employee pensions have all but vanished, severely limiting available means of income for today’s retirees. Thus, there are major forces beyond your control that are making retiring rich harder. So, don’t make it worse by neglecting what you do have control over.
Treat Your Retirement Savings Like A Business
A strategy to make saving more appealing is to treat your personal finances like a business. Many people struggle to manage their household finances, but at the same time, many people have no trouble running a profitable business. What if, they treated their personal finances like a small company? This shift in mindset can make a huge difference. Stop viewing saving as sacrifice, changing your mindset can make saving a pleasure instead … Read More