| Building a Nest Egg on One Salary Building a Nest Egg on a Single Salary Is Hard, but Not Impossible By Suze
Orman Whether you are a single parent, or a couple with one of you at home full-time,
figuring out how to pay for the everyday expenses of being a family while also
saving for retirement on just one paycheck is a tough challenge.
To pull it off you need discipline and perspective. Discipline to commit to
a strategy and stick with it. And perspective to recognize what truly matters
in your life. Because the bottom line is that stretching one paycheck to cover
the costs of today and the savings needed for tomorrow requires making tradeoffs.
Where to Find the Money to Save
Finding the money to save on a single income can seem like an impossible task.
Here are some tips to help you: more...
Sidebar: Four Money Mistakes Single-Income Families Make
When your family’s financial well-being is riding on one paycheck, you need to make sure you are doing everything
possible to protect that paycheck. Above all, avoid these big-time financial flubs: more...
Suze Orman has been called “a force in the world of personal finance”
and a “one-woman financial advice powerhouse” by USA Today. She is the author
of four consecutive New York Times bestsellers, including The Road to Wealth.
Suze Orman, a
Certified Financial Planner Professional®,
directed the Suze Orman Financial Group from 1987-1997, served
as
Vice President of Investments for Prudential Bache Securities from
1983-87, and from 1980-83, was an Account Executive at Merrill Lynch.
Watch Suze every Saturday night on CNBC.
Check www.suzeorman.com
for TV listings. More great advice on Suze's blog.
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