Waiting for the Right Time

During the course of my consulting, I came across many people who have good income but yet they are in financial mess. People don’t give much importance to saving. There are many who wait for the right time to save or invest for the future. But one fails to understand about the so called “right time.” Ask anyone and you will get the reply that they don’t have enough to save. They fail to realize that they don’t need a big amount for saving. The pattern usually is to first spend and then save where as it is exactly just the opposite. By writing this I don’t mean that you shouldn’t enjoy life and squeeze out every penny for achieving you future goals. My only point is to accumulate for the time when we’ll have to slow down and then finally retire. There are various types of people 1.who think it is too early to save. 2. Who don’t believe in saving? Their motto, earn and spend today.3. Who want to save, but doesn’t know when and where to invest. And finally 4. Who have put aside and invested but if you ask them where they have put their hard earned money, they will go just blank. Reason, though they have taken the initiative to set aside some money, they don’t have the time to remember or go through the documents of their saving. We should only remember one thing. We work hard for money then why shouldn’t our money work hard for us. There is always a good reason for not investing, but there is actually even better reason to start investing right away. In fact, starting sooner rather than later is one of the best investment decisions you can make. So don’t wait for the right time, start with a systematic investment plan. Be smart. Be systematic.