Saving & Investing: When, Why & How

From TomorrowsMoney.org: Saving. Investing. Those two words can dredge up fear and frustration in the hearts of even the most well-educated, competent adults. Why? The list of reasons is long. See if any of these ring true for your situation? 'It takes more time and expertise than I have to figure out where to invest.' 'My paycheck barely covers my current expenses, how can I possibly think about saving?' 'A budget is too restrictive. I'll earn more money later in my career and I'll invest then.' Whatever the excuse, there's no way of getting around the fact that saving and investing are the two keys critical to your future financial security. It used to be that people worked hard at their careers for 40-plus years, put a little mone y aside, and then retired comfortably off their savings, Social Security and maybe a pension at the age of 65. No longer. Today Americans live longer, need more money to maintain their lifestyle as they age, and yet save less than any other industrialized country ...

from http://www.investoreducation.org