Develop a Savings Plan (III)

Your Financial Future “Take Aim, Develop a Savings Plan”:

Your Financial Future “Take Aim, Develop a Savings Plan” Part III

Helpful Hint #1: Pay yourself first Save at least 10% each month:

Helpful Hint #1: Pay yourself first Save at least 10% each month

Helpful Hint #2: Set a Savings Goal Write down on paper both your long & short term goals:

Helpful Hint #2: Set a Savings Goal Write down on paper both your long & short term goals

Helpful Hint #3: Save Automatically Transfer funds from each paycheck automatically into your savings account :

Helpful Hint #3: Save Automatically Transfer funds from each paycheck automatically into your savings account

Does saving 10% sound too hard? Does saving automatically sound too difficult? :

Does saving 10% sound too hard? Does saving automatically sound too difficult?

Then answer the question below to yourself If you can’t live on 90% of your income, how can you live on 100%?:

Then answer the question below to yourself If you can’t live on 90% of your income, how can you live on 100%?

Slide 9:

Creating a savings goal

When is the best time to start saving…20’s, 30’s, 40,’s? The best time is today:

When is the best time to start saving…20’s, 30’s, 40,’s? The best time is today

Slide 11:

Saving money has a substantial payoff: Security , Freedom , & the Pleasure of watching it all add up

Sources::

Sources: http://research.stlouisfed.org/fred2/data/PSAVERT.txt http://www.ehow.com/about_4618296_average-retirement-age-america_.html http://www.census.gov/prod/2010pubs/acsbr09-2.pdf http://www.tribbleagency.com/wp-content/uploads/2008/12/the-great-depression.jpg http://library.thinkquest.org/C005121/data/Germany_files/image007.jpg http://www.canadianheritage.org/images/large/21729.jpg http://images.wikia.com/lostpedia/images/0/0e/Safety_deposit_box.jpg http://media.publicbroadcasting.net/michigan/newsroom/images/3166230.jpg http://www.youtube.com/watch?v=QPmmWe5iulQ&feature=youtube_gdata_player http://www.youtube.com/watch?v=vPiLNHoJUDI&feature=youtube_gdata_player http://www.yourbestdailydeals.com/wp-content/uploads/2010/07/piggy-bank1.jpg http://www.foresightclub.com/wp-content/uploads/2010/08/rifle-scope.jpg http://eglazer.files.wordpress.com/2009/02/hour-glass.png http://www.youtube.com/watch?v=wVJL2Q0Fjs8&feature=youtube_gdata_player http://www.youtube.com/watch?v=_K0Q_EkC4o0&feature=youtube_gdata_player http://www.inspirationfalls.com/wp-content/uploads/2008/11/planning-wallpaper.jpg http://curezone.com/upload/ClipArt/finish_line_wallpaper_18.jpg http://www.gobankingrates.com/system/wp/blogs/12/assets/istock_000007662354xsmall-300x200.jpg http://www.thebigdreamer.com/wp-content/uploads/2009/08/financial-freedom.jpg http://www.jerrymyersblog.com/wp-content/uploads/2010/06/financial-freedom-nowAA.jpg http://www.1800jonesact.com/images/job-security-financial-help-01.jpg