The Impact of Saving More Money
This guest post was written by Jake Thompson at Moolamind.com. Thanks Jake for helping me out during tax season! Drip…drip…drip. That’s the sound of your leaky faucet. No worries though it’s only 1 drop of water every second or so. But check this out, 1 drop of water every second can add up to 165 gallons a month. That’s more than the average person uses every two weeks. No problem though right? All you have to do is twist the knob and the leak stops – a quick and easy fix. Unfortunately, changing the way you think about finances isn’t quite as easy. Paying Interest – A Lifetime Leak According to creditloan.com, the average american will spend over $600,000 in interest over their lifetime. That’s one leaky faucet. If you were simply able to save what most people spend in interest, you would have more in your retirement account than … Continue reading
