Motivation Article #8

jason7282 (61)in #life • 7 years ago

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Retiring facts!

So if this article won't motivate you, I don't think anything will. Here is a screenshot from wisdomtogrow's Instagram which I get all of my motivation ideas from. It's pretty straightforward. Now to make this fit your salary just do the math.
25k- $5,000.00
75k - $15,000.00
100k- $20,000.00
Of course, 20% of your salary is a lot to ask for especially if you make 50k a year in my opinion. Having a mortgage, car, phone and utility bill will be a heavy dent in your salary. Even if you 2x the amount you will still need 100 years to retire. These numbers are based on you not having a 401K or extra amount anywhere. The goal of this post isn't to teach you how to save it's to learn to invest. Luckily we're on Steemit so I'm sure most of you own some Steem and SBD. Investing that 10k. Here are some wise words I've learned from some other business owners I know. If you have $1,000.00, Invest 50% save 10% spend 10% the remaining 30% is for bills. Now imagine only spending 10% it will be horrendous for the first few months but you get used to it and the massive pay off in a few years will be unimaginable.

With your current form of income create another from but do not start till you have a solid foundation of money. Don't think about the greed part of this post. It's not all about the money but think about how you will help others. Owning a million dollar business means you created jobs. Bettering anyone's situation with the blessing of a job.

Stop thinking about I'll start with my next paycheck. Start now, your future depends on what you're doing now. Not about what you will do in the future. Don't be a statistic and fall into this category of never being able to live life. You won't find many millionaires because they saved money, they made money work for them.