Do you live within your means?

[Schneed10]

Originally Posted by Nomad

nah i dont.... saving for a retirement, is not for me, there is not guarentee, I will collect it........

Did you know that if you put away $1000 now in an account that earns about 5% per year, it would be worth $4300 30 years from now?

If the account earns 8% per year, it would be worth $10,000 30 years from now.

Save a little now, pay yourself a lot more later. I think if more people understood the basic concept of compounding interest, a lot more people would save a little bit of money. This stuff should be a mandatory part of the curriculum in high schools.