Why Should We Start Saving Early Time?

People are not being able to save because they are putting their wants in place of their needs. Saving money is one of the hardest things to do. First they need to develop a budget to be in control of where their money is going. One should record their monthly expenses, and any money saved for the month put away for emergencies. Today, people are making more money than ever before and still living paycheck to paycheck. Developing a budget will get one accustomed to living within their means and will open up more money for saving.

I regularly encourage young people to start a 401k plan with their employer as soon as they're eligible. This is extremely beneficial because it allows you to put away money before you get your check and are tempted to do something else with that money! If someone decides to participate in their 401k plan for 20+ years, they may be able to secure themselves in a better position to enjoy their retirement. If they start contributing early before marriage, kids, mortgage, and all the other things life comes with, then they will probably continue to invest. I’m glad I started before my life became more complex. I became more disciplined to live without the extra money and continue to live beneath our means, which allowed more contributions when I got promotions or pay raises. The trend continued as a husband, kid, homes, and everything came along.

My middle adulthood plans are determined by how these plans are able to affect even later life stages but also maintain a healthy current state. In the current state of middle adulthood, I will pursue my career in the medical field; with this intention, I will have new expenses to pay such as food, shelter, and clothing for me and my family, property and other bills, health insurance, and transportation costs. Regarding future thinking, maintaining a budget and utilizing a savings account is critical to retirement plans as this will make the most out of investments and my monetary state (Jesse Campbell, 2015, p.

Do you wake up in the mornings to your alarm and snooze it because you are still tired and need more sleep? Many students have complained about the time you are required to get up for school. Most teens are arguing that it is healthier for them to get more sleep. In the article “Despite proven benefits, Starting School Later Remains ‘A Tough Sell’” by Tim Walker, claims that “...letting students sleep and starting school later can lead to better health and academic outcomes.”. Students should be given more time to sleep because it is good for them.

Beep-Beep-Beep. The loud shrill of your alarm wakes you up from your deep sleep. Have you ever wanted school to start later? Maybe all you wanted was to just fall back to sleep. School districts have been looking at pushing school start times for older students who could get extra sleep for a long time. There have even had studies conducted to find the benefits of a later start. But have they looked at the consequences? School start times should stay the same.

What do you think about the time your school starts? Have you ever thought about the affects of your opinion would have on other students? Some people believe school should begin earlier. Some people believe school should start later. In my opinion school start time should stay the same because it would affect students in a negative way by not getting enough sleep, not spending time with their family and not participating in after school activities.

to saving for retirement - the earlier you start your plan the better it will be in the long

School start times should be later because school times should revolve around the student’s best ability to learn. When America started public schools, they had the same time frame, around seven to three. They did this so the farmers would have time to go and work in the afternoon. Well, needless to say we still have the same schedule now, with a much different industry and way of life. There are countless reasons schools should start later and countless studies that prove school should start later. I think some of the more important reasons include, a teen’s biological clock that makes their brain want to go to bed and get up late, car crashes caused by sleep deprivation and more sleep increasing concentration, alertness and a better attitude in class

But many people still end up spending all their income and leaving themselves with no savings. With regards to this, Mr.Chilton has a very simple solution, “Save first. Spend the rest.”(Chilton 76). I agree with his lesson to save first as saving first and then spending will make sure you won’t end up spending everything. A similar hypothetical situation would be that you have an assignment due tomorrow but you want to play some video games. In this scenario, it would be wise to finish the assignment first because it is the most important and then play video games with your remaining time. Saving is the same; it is the most important to you need to save first. It doesn’t matter how you save, just save. You can use “Payroll deduction, automatic withdrawal, pre-authorized chequing”(Chilton 77), just save first. As well, you have to save right now and “not in a few months when you’re hoping to finally have time to craft a financial plan(Chilton 77)”. When I get a part-time job in the summer, I will start an automatic savings plan with Tangerine in which Tangerine will deduct money to put into my savings every time I get my pay cheque. This way, I’ll definitely save some of my money before I

I believe by having a plan in place and knowing exactly how much I need to save each day, week, month, etc. will help me to successful reach my savings goals.

BEEP! BEEP! BEEP! I am pushed out of my blissful dream and pulled into reality, my eyes don’t want to open, just for the noise to stop so I can go back to that wonderful peaceness in my warm bed. It’s my alarm going off, for a second I consider hitting the snooze for those extra five minutes, but I know if I do it’ll be another rushing-to-get-ready-morning. Schools should really start later! Ninety percent of teens are sleep deprived and I am one of them. Starting school about an hour later has many benefits as shown in hundreds of schools around the country. Some of these benefits include: students feeling more awake, better test scores, better attention spans and improved health. Changing school times can help students exponentially.

Greg wakes up thinking that he will get to school on time but soon finds out he pressed snooze one too many times. He wakes up at 6:38 and only has 12 minutes to get ready and make his way to the bus stop, already in a bad mood he quickly gets ready feeling groggy and not well rested. When he gets to school he can’t properly focus and only has sleep on his mind. Gregs gets sent to the office for sleeping, which he has no control over. He makes his way throughout the day in a bad mood collecting his work but doesn't completes and gets it assigned as homework. When greg gets home he goes straight to sleep and still doesn't complete his homework because he's so tired. This is the reality of many american teenagers who don’t get enough sleep because of how early schools starts.

When people are asked how people will plan or rethink for retirement, the first thing that people will think about, is saving. There are some positive ways to save money, the author suggests to the readers to sign up for 401(k) plan. It is a plan help employees save for retirement, 401(k) should allow anyone to build up a nice nest egg. For example, “In Dave Ramsey’s The Total Money Makeover, for instance, he gives us “Joe and Suzy Average” who invest $7,500 per year ($625 per month) using their tax-free retirement account. They do this from age 30 to 70, getting 12 percent interest per year. At the end, they have $7,588,545 to their names.” When people invest in 401(k) plan, it is safer and more money in retirement and it also has a benefit that you don’t need to pay for tax when you take the money out. Beside 401(k), people prefer to invest money in the stock market for retirement-plan. According to author “ During a recent 40- year period,

When you are young you always hear people saying it is never too early to start saving for retirement, but at that age the last thing you want to do is put your money towards ending the career you are just trying to start. It is hard to imagine a time where you won’t have to go to work on a daily basis, to make a wage, in order to pay your bills, but the ultimate goal is getting to that time in your life where you don’t have to go to work and the bills are already taken care of. The hope for everyone is that the bills are taken care of and you are able to focus on leisurely things you did not have an opportunity for while employed. What we fail to realize is that the longer we wait to save the more we have to be concerned with the pressure of time running out and not enough money saved. Not to mention the sooner you start saving the more time you give your money to grow.

Have you ever invested money in stocks or maybe received savings bonds as a gift? Those are just two different types of investments that could potentially help with future money plans. It is very smart to start investing money or looking at other ways to invest at a young age to prepare for the future. There are many different types of investments that individuals can use to achieve future savings and investment goals. According to www.fool.com, If you were to invest one hundred dollars as a fifteen-year-old young adult and then receive a ten percent investment rate every year on that initial investment, at the age of sixty-five years old you would turn that one hundred dollars into $1,083. Investing your money rather than saving or spending it is smarter and can help you with your future plans.