What you don’t see…
It is in human nature to move toward wants. When I look out on a rainy Saturday, I know I NEED to exercise and get moving, but I WANT to sit on the couch and binge watch Netflix with my family. We NEED to do things we don’t want to, so we can get the things we WANT.
I am a big proponent of account automation. That is adding money automatically from your checking account on a regular basis. $100/month can really add up fast to reach some of your goals. That means you put away $6,000 in 5 years without even assuming a rate of return. Some of you do this with your work retirement plan. Did you know we can get automation on your accounts here? This is a great way to jump start retirement savings!
“If you don’t see it, you won’t spend it.” -W. Howard Clark, Jr. (To his son at a young age!)