Will Rogers says that you can double your money by putting it in your pocket, by I think it is actually an opportunity to TRIPLE your wealth.
Why is that? Here’s how I count the three ways: First, a dollar saved is a dollar you can spend tomorrow; second, it is a dollar that will grow and give you more dollars in the future; and third, by not spending on things you don’t really need, you keep your lifestyle cost one dollar less in the future. That’s it – three dollars for every one saved.
Happy Friday, everyone!
Image Credit: MrFireStation.com
MrFireStation 
I managed to do that in an interesting way this week. By putting extra into a super fund ( the Oz version of 401k) . By doing it before tax meant I never saw it. It’s taxed at a low amount which mean hardly any difference to my after tax salary and it’s earning money for me to cover my after 60 lifestyle
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It’s great when them money gets saved before you ever see it. Especially in an account that has an employer match (as US 401ks have). Does a superfund also have a match?
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By law 9% of what you earn is placed into a fund by your employer. If you want a full understanding of how this works go to insider accountant he covers it.
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