Have you ever wondered how your future self might react to the financial decisions you make now? The older, more experienced you might extend a fist bump to your younger self for participating in your employer’s retirement plan. But you may get a thumbs down for racking up debt over the holidays.
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SavvyMoney Minute: Save for Something
Saving money can be hard–unless you’re saving for something. Having a definite goal in mind gives you a better chance at success. Research shows that visualizing the benefits of saving makes people 25% more likely to save.