Comments on: Increase Your Savings http://mychannelnews.info/savings/increase-your-savings/ Latest Channel News Tue, 02 Feb 2010 23:04:10 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: The Sarge http://mychannelnews.info/savings/increase-your-savings/comment-page-1/#comment-482 The Sarge Sat, 23 May 2009 08:45:54 +0000 http://mychannelnews.info/?p=267#comment-482 As tough as it may seem, the magic of compounding works wonders, particularly for 20-something crowd. It's almost a cruelty of life that, at a point in time when money demands are high (paying off college educations, starting fams, 1st house, etc), people are asked to invest. The magic is that, with 40-to-60 years compounding, it doesn't really take that much from disposable income, on a monthly basis, to create smiles in the so-called golden years. Do your homework, 20-somethings, learn as much as you can, even though you won't see the results for many years. Remember, for the most part, SS (Social Security) and defined pensions will soon be things of the past. Good luck, people! The Sarge As tough as it may seem, the magic of compounding works wonders, particularly for 20-something crowd. It’s almost a cruelty of life that, at a point in time when money demands are high (paying off college educations, starting fams, 1st house, etc), people are asked to invest. The magic is that, with 40-to-60 years compounding, it doesn’t really take that much from disposable income, on a monthly basis, to create smiles in the so-called golden years. Do your homework, 20-somethings, learn as much as you can, even though you won’t see the results for many years. Remember, for the most part, SS (Social Security) and defined pensions will soon be things of the past. Good luck, people!

The Sarge

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