When is the Right Time to Save?

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When is the Right Time to Save? There is never a right time to save until you commit yourself to save first before you spend today.

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When is the Right Time to Save?. There is never a right time to save until you commit yourself to save first before you spend today. - PowerPoint PPT Presentation

Transcript of When is the Right Time to Save?

Page 1: When is the Right Time to Save?

When is the Right Time to Save?

There is never a right time to save until you commit yourself to save first before you spend today.

Page 2: When is the Right Time to Save?

There is never a right time to save until you commit yourself to it.

At age 21-30 I can’t save now. I’m just

getting my start in life. I don’t make a lot

yet and I’m entitled to a little fun while I’m

young. There is plenty of time. Wait until

I start making a little more. Then I’ll save.

Page 3: When is the Right Time to Save?

There is never a right time to save until you commit yourself to it.

Age 31-45 I can’t save now. I’ve got a

growing family on my hands. Children

and a house cost a lot of money. It takes

all I have to keep them going. As soon as

they are a little older, it’ll cost less. Then

I’ll save.

Page 4: When is the Right Time to Save?

There is never a right time to save until you commit yourself to it.

Age 46-55 I can’t save now. I’ve got two

children in college. It’s all I can do to pay

their expenses. In fact, I had to borrow for

their tuition this semester. This is the

most expensive period of a man’s life. I

can’t save a cent.

Page 5: When is the Right Time to Save?

There is never a right time to save until you commit yourself to it.

Age 56-65 I can’t save now. I know I

should. But things are breaking like they

were. It’s not easy for a man my age to

step out and get a better job. I’ll have to

ride along where I am. Maybe something

will break.

Page 6: When is the Right Time to Save?

There is never a right time to save until you commit yourself to it.

Age 66 I can’t save this now. We’re

living with my son and his wife. I wish I

had started saving 20 years ago but it’s

too late now. You can’t save when there’s

no income.

Page 7: When is the Right Time to Save?

Start saving and investing while you can.

This story from life can save other

men from making the same mistake.

“ Out of 100, only 3 filipinos have

the cash to sustain their lifestyle

upon reaching the age 65”

Page 8: When is the Right Time to Save?

So, what are you waiting for?

“ If you are afraid today, you’ll be more

afraid of the future.” You, your money,

and what you do with it today will be the

only thing you can count on for your

future. Since no one is doing it for you,

you have got to do it for yourself.