Money saving idea

[estebanprado1]

I'd really like to earn more so I can save more. But with my lifestyle, there is nothing left from my paycheck.

[TheFu]

How do you feel about making money at the expense of more important things?

It would depend. There are very important things that no amount of money can solve. And there are very unimportant things that cost $1M+. Learning how to prioritize for near and long term needs/goals is important.

The only way I've made money the last 15 yrs was in the stock market.

My mother joined a national group, now called "Better Investing" and learned their methods. When I had a little money, she showed me their methods, so I joined the "Better Investing" group and found a local investment club to gain more practical knowledge. It was only $50/yr for membership. The sub-club I joined required we each pony up $25/month so we'd have a little "skin" in the group investments. I visited 5 local clubs before finding one where I fit and they fit with me. Then we became friends around our "hobby", which happened to be investing following the "Better Investing" methodology. I just looked up and "Better Investing" is $120/yr now, with online access to the things we used to do manually with a calculator, ruler and empty forms. I bought a program - must have been $200 - to speed up the completion of the same form. All that is included in the annual membership.

Investing takes time before the result can be used. At least 5 yrs, but longer periods are better. Compounding of investment gains is an amazing thing.

Just remember, there are no loans for retirement, so for any adult, that should be in the top 5 things you clearly and consistently fund.