Financial Fitness - Invest in Yourself

Each of us needs to be living within our means. Not only that, we need to be saving at least 10% of what we earn. This savings is not for future purchases either but for investing. Investing for your future. This money earns you money and someday the amount of money you have invested will earn you enough to live on. So instead of having to work each day, your money works for you.

If you are not doing it, saving 10% may sound impossible. But people who make $30,000 a year sometimes find it easier to save than those who make $90,000. We all have the capability to spend all (or more) of what we earn. It takes discipline to save 10% of everything you earn. Make a commitment to yourself, now, to save 10% of your income.

Failing to live within your means does to your financial fitness what overeating does to your physical fitness. Failure to save 10% is the equivalent of not exercising. As the years go by the lack of fitness makes getting in shape more difficult. The earlier you start and more diligent you are the better shape you will be in when you hit retirement.