Cordially Yours

Many people do not bestow as much attention on their retirement plans as they do on their other requirements like paying the regular bills, children's education, household expenses, etc. If you also belong to such a group, you may not also be saving enough for your retirement because you may always feel that you have more important and urgent things for which you need to spend money. Everyone including you may agree that retirement is inevitable. Planning for retirement needs a lot of discipline and planning. You need to have foresight also. But unfortunately, you may not have begun the process at all. If you ask when you should start saving for your retirement, the answer is "NOW." You should learn the ways for building a good wealth for your retirement years.  There are a few reasons for advising you to start saving for your retirement immediately. - If you begin late, the wealth you may accumulate will be much less than what you could have accumulated had you ...

Many people, especially young people, do not realize the importance of saving money . These people are of the opinion that they should spend whatever they earn and enjoy life. But, at a later date, when they need money, they may not have it and so, they may lament that they have committed a mistake by not bestowing enough attention on this aspect. If you also have such an attitude towards saving money, the following few points and reasons will show you why you should save money. - You should save money mainly for meeting unexpected expenses. Life may suddenly throw surprises and shocks. So, you can not assume that your life will always be smooth. You may suddenly need money and if you do not have it, you may have to borrow from others or look for some other source. It may be embarrassing for you to request some one to help you with funds. Instead of facing such a situation, it is better to make regular savings so that the money will be useful for such situations. - Another reason...