Right? The trick is actually *DOING IT* though. And remembering so… might be best to just automate the xfer so you can’t forget/get tempted to stop!

That, or “I have $200k in my bank And a Ferrari! A sexy used one!”

Yup! And since there’s a sexy car involved (as well as smoking), it hopefully reaches those non-finance nerds out there too :)

Yup. Two sides of the equation – finding ways to cut expenses and/or get good deals for things, and then PUTTING THAT MONEY SOMEWHERE safe. It’s exactly why I’m a proponent of getting a tax refund at the end of the year even though it’s technically not smart giving a “free loan” to the gov’t. The truth of the matter though is that getting a chunk in your hand gives you a much better chance of stashing some away than taking out $50/mo or whatever and saving/investing it. Unless you’re conscientious enough to automate it and/or read awesome blogs like ours ;)

At least you *know* where it all went!

Sure, why not ;)

The article over at motley fool is great as well. At age 32 ever £1 I save today will be worth roughly £8 when I’m old and g grey and that’s after inflation! If that’s not motivation for young folk to get in the game early, even if it’s only for a small amount each time, I don’t know what is.

Cheers J for the link and happy new year!