Personal Finance | Saving from your very first salary will help you reap the rewards of time | City Press

📆 19/06/2023 06:01 a. m.
📰 City_Press

⏱ Reading Time:
20 sec. here
2 min. at publisher
📊 Quality Score:
News: 11%
Publisher: 72%

México Noticias Noticias

México Últimas Noticias,México Titulares

Personal Finance | For every salary increase, you will find some justification to increase your spending as well and you will find that, no matter how much you earn, it will never be enough

The graphic below from PSG Wealth shows how, the sooner you start investing, the less you will need to save each month.

This does not consider any promotions or significant salary increases, so it is the lowest amount you would probably make. Ask yourself today what you want to show for that R6.3 million. Parkinson’s law is one of the most important laws of money and wealth accumulation. The argument is that expenses always rise to meet income and this explains why most people retire poor.

Escribir Comentario

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

THE FINANCE GHOST: Think B2B — like Bidvest — to beat inflationThe JSE’s few true industrial shares are proving handy stock picks in our weak consumer, high inflation world
Fuente: FinancialMail - 🏆 20. / 63 Leer más »