How to Save Money If You Don't Have IRA or 401k Options at Work

How Do You Get the Money to Open the Savings, CD's or Save for Retirement?

When you hear "save money" you automatically think savings accounts, money markets ,IRA's, CD's and other "forms" of saving money. Those are all good and well, but many of us don't have the money to open and contribute to those things.

IRA's and 401k's - if you are fortunate enough to work for a company that offers those - great! But what about those of us who work for companies that don't include such luxuries in their employment packages? It is quite common for them NOT to be offered, especially on the lower levels of job descriptions. So what do you do?

So what do you do? How do you get the money to open the savings, CD's or save for retirement?

Don't sell yourself short just yet!

Reprogram your thinking and budgeting to accomodate what you have. To get ahead you have to have more than you have right now, so that is where you have to start... Adjust what you have right now. Rearrange your availabilities, resources and expenditures.

First, you must reprogram your thinking about money. This is where I came up with my slogan "Save a little to save a lot". You only have so much monthly income - how do you plan to use it? If you're like me and have limited income - those options can be small and seemingly insignificant, but you put them all together, you'll be surprised at what the out come can be. Don't look at it as saving a dollar a day. Look at it as saving a dollar a day...FOR A MONTH! $30 a month is a good chunk!

Second, in order to make any money saving "program" work, you have to have a plan, a budget, a system - and YOU HAVE TO STICK TO IT. You must commit yourself to the program and follow through. If you don't, it won't work no matter how hard you try. If you are building a model airplane and get half way through and then stop working on it, you will never be able to enjoy playing with it.