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The “Water Cooler” is a feature on Claycord.com where we ask you a question or provide a topic, and you talk about it.
The “Water Cooler” will be up Monday-Friday at noon.
Today’s question:
QUESTION: It’s hard, we know, but what are you doing to save money for the future? Share your tips and tricks with all of us.
Talk about it.
9 comments
Kinda hard when i dont get paid much. But im not eating out much its become so expensive to go to restraunts. I also dont do any traveling. Vacations cost a lot of money.
Plan to stay away from amazon prime offerings.
Voting for Trump
Me too.
Nope.
Invest, invest, invest. Compound interest. Just a simple S&P 500 fund with low fees. Even if it’s not much it will grow more than a bank.
Unfortunately this isn’t taught to the young or poorer classes. It’s the way the rich get richer.
I am retired, so I get a pension, plus social security. I save 100% of my pension, and live entirely off social security. My home is paid for, and the only bills I have are my utilities, internet, and phone.
1. Spend wisely now.
2. Stash maximum amounts into my 401(k).
2. Rely on advice from my highly competent financial planner for my current Rollover IRA investments and for my retirement plans.
Not voting for democrat politicians. Hey bleed(tax) hard working honest responsible citizens endlessly to buy votes and to fill their bank accounts.