Perhaps this question has crossed your mind more than once as you consider your financial future. There are many issues surrounding this question and one of the first steps to finding the answer is to evaluate where you are today.
You may be surprised to find out that you are driving your future to work every day. The sad truth is that for many American’s they will lose more money financing the cars they drive to work than they will accumulate in their lifelong savings accounts.
There are really only two ways that one can help you financially. The first way is to help you find better investments that can potentially give you higher returns. The second way is to help you become more efficient by avoiding losses.
Do you think there are people who pay more tax than they have to pay? The tax law ,tells us what taxes must be paid. We are not required to pay anymore. There is a difference between tax evasion and tax avoidance. It is about 5 years in the federal penitentiary.
Most of us are well aware of the interest we are earning or not earning in the money we have invested. What little time we spend thinking about how our money is doing is usually all spent on what is our rate of return, how much interest am I earning.
When it comes to putting money away for our retirement it is easy to believe that you have plenty of time to take care of it. It is an interesting thing about life that it seems to creep along looking forward, but flies when you are looking back.