Ask Terry Questions Saving money

Saving money

By Terry Savage on January 03, 2024 | Financial Planning / Retirement

I currently ama a single 55 year old with a good job not enough pay but content but can’t seem to come out ahead I don’t take trips or buy expensive things I own a home and car and pay monthly have a profit sharing that I need to invest and have no clue what to do. Sick of living paycheck to paycheck any ideas would be greatly appreciated

Terry Says

Well, start out by downloading the Simplifi app from Quicken. That will give you some control over where your money is currently going. It will also help you set up an IRA account and make automatic contributions.

As for your profit-sharing account, what choices do they offer? Please write back with more info.
And please read my latest column on Top 10 Money Tips — a great way to start getting control of your finances.

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