I’m 41, single, and after making financial mistakes through trading, I basically lost everything. I’m currently working part-time retail because it was the only job I could get. It still doesn’t fully cover my rent, but I’m trying not to give up.
Even while being behind financially, I’ve started saving a small portion from every paycheck because I realized waiting for the “perfect moment” or a better job might keep me stuck forever. So far I’ve saved around $400.
My mom has been helping me with part of the rent, and honestly that support has helped me stay afloat. Other than basic transportation and food, I barely spend money.
Is it too late to start saving?
byu/rebornyc inpersonalfinance
Posted by rebornyc
3 Comments
Never too late to start saving. An emergency fund is always needed, you’ll thank yourself later.
Think of it this way…either you start saving now and at least make some progress, or you don’t start saving and never improve your finances at all.
the best day to invest was yesterday, the second best day is today