Finance Tip from a Pro: Savings

2012-08-23T00:00:00Z 2012-08-23T18:41:06Z Finance Tip from a Pro: SavingsBy Kathy Sellers nwitimes.com
August 23, 2012 12:00 am  • 

Save your money. Start now—even if it’s the smallest amount. Put it away, and it trains you to keep doing it. You’re old a long time, and it’s very expensive. Start a separate bank account for the money, and it never gets touched. Or, buy a bond every month—something that you won’t get at. Look at your parents or grandparents—what would they do if they didn’t have a nest egg? Start now, so you’ll have a long time to accumulate—and it does accumulate, the same way your bills accumulate. I wouldn’t care if it was $5 a month. It’s just training you to start saving. I always said to my kids, “You’re young for a short amount of time, but you’re old forever.”

Kathy Sellers is a loan originator for Mutual Bank in New Buffalo who has been married for 43 years.

Copyright 2014 nwitimes.com. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Follow The Times

Featured Businesses

Poll

Loading…

Have you ever visited the John Dillinger Museum?

View Results