You want to save. You swear you’re going to save. But you said that last year, too, and your bank account doesn’t look much healthier.
Saying “I need to save” means you’ve recognized a basic financial fact: You need to take responsibility for your financial life. You really intend to do it – one of these days. (Read: Sometime between next week and never.)
Or maybe you’re just financially overwhelmed, especially if you haven’t gotten a raise lately or if you’ve undergone a spell of unemployment. It’s easy to convince yourself that you’ll save “later.”
The best time to start saving money? Ten years ago. The second-best time? Today.