By Tim Kowols
Whether it is as simple as a change jar or complex as a 401K or retirement plan, there are ways consumers can pay themselves without working harder or longer. According to GoBanking, only half of the country’s families have a retirement savings account and nearly 34 percent of people have nothing set aside at all. Gay Pustaver from Money Management Counselors says savings also helps you plan for the unexpected.
Pustaver recommends starting small with your savings plans and work your way up. You can listen to the first in our series celebrating April Financial Literacy Month with Gay Pustaver online with this story.