Someone is sitting in the shade of a tree today because someone planted a tree a long time ago.— Warren Buffett
Start now. Don’t think about it. Don’t wait. Don’t check with your spouse or best friend. Don’t stall until payday. Don’t research every angle. Don’t put it off. Don’t procrastinate. Start. And start now.
Start saving now. No matter what your situation is, no matter how much debt you’re in. No matter how little your salary is. No matter what you need to buy this month. Just start saving now.
Call your bank, visit your bank, use your online banking or your banking app. If you don’t have a savings account or an ISA, just open one right now and set up a standing order, meaning money automatically leaves your account as soon as you get paid, and goes into your savings account or ISA.
Don’t know how much to save? Just start. Start with anything: 200, £100. £50, £20, £1. You can increase the amount later once you become financially organised. But just start. The sooner you jump into the habit of saving an amount every payday, the sooner you’ll be rich. Create the saving habit. Just start today.
And for those reading this that’s already done the above either months or years ago, then right now increase the amount you save every month. Move it up 10%, 5%, even 1%. But increase your contributions. You should be increasing your contributions regularly. Nudge your saving rate up by 1%. Live without that money for 3 or 4 months and you don’t notice it has gone. Then nudge it up another percent.
Rinse and repeat.