It’s not your fault you’re NOT saving money. The system makes it too hard.
You have likely received no formal education to guide you in successfully managing your personal finances. There are a lot of rules around retirement and investment accounts. How are you supposed to know if you’re eligible to make contributions, when you can make them, how much you can contribute, when you can take the money out, how that money is taxed, and on and on and on? What about annuities, tax planning, estate planning, and insurance?
Yes, it can be complicated and overwhelming.
BUT, we can’t change the system right now. So take off your complainypants, do some research, and SAVE some money.
And, HERE’S A SECRET: Despite all the complicated stuff, I can assure you that spending less and saving more is a key to having more money…and more money (to an extent) hopefully means more peace of mind, more freedom, more flexibility, more opportunities to help others, and achieving more of your goals. Because it’s not really about the money – it’s about using money as a tool to build your ideal life.
I hope the posts I share at Let Luc Finance help you to do so. You can find a list of every post, sorted by topic, here. It should be a great start.
As always, send your questions my way and I’ll do my best to help.
PS – Need some help with your Christmas shopping? Check out this post.