You might be wondering “When should I start Investing?” Today we will continue with another easy way tip for you to get Savvy about your finances.
This is Catherine Magana, Financial Advisor in Carlsbad with your Savvy Minute. Today we will continue with another easy way tip for you to get Savvy about your finances.
How often have you said to yourself, “I need to start putting money away for my retirement?” And then months and sometimes years go by with nothing being put away.
Well we have 2 words for you…START NOW! Too many women procrastinate about putting money into their retirement accounts. Even a small amount put away every month, every year, can add up to a lot of money over time.
And make sure you are not just leaving the money in a cash account in the retirement plan. The objective is for your money to keep up with inflation.
It doesn’t matter if you are in your 20s, 30s, 40s, or 50s START NOW!!And if you’re working for a company that matches your 401-K contributions, make sure you are at least putting enough away to get the match. Ladies, that’s free money to you!!
Until next time, Savvy UP!!
Catherine Magana, CFP
Certified Financial Planner
Savvy Women Wealth Management
www.SavvyUp.com
https://www.facebook.com/savvywomenwealth/
#Savvyup #SavvyMinute