Did you know that you stand a higher chance to win a prize draw with more ticket purchases. Did you also know that it increases your chances of being selected for more than one item according to as many automated prize draws are done in a day? How? It's so simple; just keep buying as many tickets as you can for as many prizes you desire. There's no limit to your winning.
Do you have a savings account, yet find it difficult to find money to deposit into it? Do you have the best of intentions every month, but find you don't have enough left over after you pay your bills to pay yourself in the form of savings?
This isn’t an uncommon problem — most people find it hard to save. Generally, when you receive income it is either deposited directly into your checking account, or you make the deposit yourself, either at the bank, through an ATM, or via your phone.
And then your money heads straight to your checking account, so it's available to pay the seemingly endless stream of bills.
It's a vicious cycle, and one that's hard to break. But fortunately, there is a way to break it: an automatic savings plan.
Why Saving Money Is Hard
You may not realize this (and may not feel that this is the case for you), but most people save money as an afterthought.
When they receive income (whether it's from a paycheck, freelance work, investments or other sources), their money is allocated to bills, groceries, rent or a mortgage. After paying for these expensive items, there may or may not be much left over to use for savings (or for fun). And in this scenario, the only time someone adds money to a savings account is when there's money left over from paying the bills at the end of the month.
Unfortunately, with this backwards thinking, there is almost never any money left over to save.
In a recent article, we discussed the fact that an early retirement is not a dream reserved just for millionaires. There are actually more and more people that are working toward an early retirement, some as early as age 50. It won't be easy, but for those who are disciplined and put together a good, solid strategy, an early retirement is possible. The first step is to start with the basics, which includes getting a clear vision in your mind of what you want your retirement to look like.