While it may not seem so, there are a lot of painless ways to save money. Not just for those who have a limited cash flow, but also for those with plenty of surplus cash who will appreciate ways to cut back on monetary waste.
Here are just a few things you can do to save:
We all remember savings bonds. Once a popular gift for young children, parents could secure the bonds knowing that they could cash them out in the future.
At that time, savings bonds were typically purchased through an employer or a local financial institution. What made them particularly appealing was the ability to purchase a $50.00 savings bond for $25.00. The idea was to hold onto the bond until maturity, where the bond could be redeemed at face value, plus any interest accrued.
Retirement can sneak up on you.
At one time, it seemed like a lifetime away, now it may be just around the corner. At one time you planned on working forever, but now you can admit that the thought of retiring has its benefits. Perhaps you’ve found yourself daydreaming about a little cabin on a lake, or a small home in the mountains. You may have even entertained the notion of becoming an expatriate and retiring overseas. While these daydreams can certainly be pleasant, you’re also facing the reality that at the age of 50, you’ve done little to save for retirement.