A delay in getting started saving money can be quite expensive—a cost you may not be able to pay!
People typically delay getting started saving to fund a financial goal because there isn’t the extra money in the household budget. We make promises to ourselves that we’ll get started next year because next year will be different.
And when next year comes and when money is still tight, we often put it off another year. And then another year.
At some point, we realize we’ve waited too long to get started saving—particularly when it comes to saving for retirement. Your options become limited.