Sunday, June 20, 2010

TO SAVE OR NOT TO SAVE IS THE QUESTION.

I was reading an article yesterday on yahoo finance on practical ways of becoming a millionaire. The writer stated that when he was 19 years old a mentor instructed him to view investing as a regular monthly bill. I heard this advice repeatedly throughout my years. Today is a different ballgame. The world is deep into a recession. Many people today are struggling just to pay the mandate and necessary expenses. If you are barely able to make the mortgage payment or keep the electricity on, is saving for retirement really feasible? What are your thoughts?

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