From Nickels to Dimes; My Future Plan
Alex L. Dore
BUS 215
Instructor Magnuson
October 05, 2014

From Nickels to Dimes; My Future Plan “To spend your life living in fear, never exploring your dreams is cruel. To work hard for money, thinking that it will buy you things that will make you happy is also cruel. To wake up in the middle of the night terrified about paying bills is a horrible way to live. To live a life dictated by a paycheck is not really living a life.” (Kiyosaki, 2001) This is a quote I found that I feel really summarizes majority of Americans within our Country. Lack of knowledge and not being able to learn how to manage finances has seemed to become a plague, and the climb to reach a debt free style of living seems to be to big of a ladder to climb. My future is not only for me, however it is also for my wife and three amazing children. Not only will I be the one feeling the impact of financial hardship, they will as well. To prevent this I have found some tools that will indeed help me climb that ladder to become not only debt free, but to have a better plan as I slowly move forward to retirement. First on the plan to retirement and financial success you really have to figure out what you’re going to be working with. Knowing how much money is coming in from you employment or any other means is important. Especially know what is going out, here is what I feel is not only mine, but others biggest problem when dealing with their cash. People tend to get carried away with happy swiping I call it; you know when you find a bunch of stuff that you want, but really don’t need, and swipe that credit card anyways. Not really thinking about the money that is not in the checking’s account to pay for it, and that interest that will build up and eventually cost you three or four times what the actual Xbox, PlayStation, or whatever it may have been you