In my day to day life, I am always surprised to learn that I am not the only one who thinks about something. I am not the only person who thinks about a new car or a new job. I am not the only person who wonders about the state of my bank account. I am not the only one who thinks about how I will pay my bills. I am not the only one who thinks about what I could do with my paycheck.
I’m sure you get the idea, but I do think that at least some of the things that people think about are often just the opposite. For example, I’m sure that most people think about the state of the economy (which is why I’m talking about money), but most people don’t think about how much money they have in their account. I know I am the biggest fan of the “I’m always wondering what I’m doing wrong” attitude.
I get lots of compliments on my money management skills, but I wonder if my mind is just so preoccupied with that I don’t have time to think about what I have left.
This happens to me a lot, but it is more common to think about how much money you have or your savings, but a lot of people think about their finances in the opposite way, they think about how much they have at the moment. For example, I am always thinking about money since I have no money to spend. I know I have some money saved up, but I have no idea where it is, how much it is worth, or how long it will last.
This is a really common mistake. People think about their “reserves,” which are just a bit of money they know they have. Since they can’t spend that money however they want, it is just sitting there, like it’s waiting to be spent. But most of our money is actually in our checking account, savings account, or retirement account.
I’m not trying to scare you. There really isn’t much to be scared of. When you can save up a bit of money, you can pay your bills, buy a house, or even buy that new bike you’ve been wanting. But once you go beyond the “little” savings, you are basically screwed. There isn’t really anything you can actually save, because you don’t have enough money to buy anything.
One of the main reasons that most of your money is in your checking account, savings account, or retirement account is that you have a lot of it. The problem is that if you dont get to spend more than you are spending, you have no money. Which, again, is the whole point of saving.
This is why there are so many different types of retirement accounts. There are all kinds of other savings accounts, but there are also accounts for things like 401k and IRAs which are basically just your checking account with a little extra. That extra is the money you have saved. If you have enough in a retirement account, you are saving enough to buy an awesome bike. If you have enough in a savings account, you are saving enough to buy a new car.
The reason you can have all these different types of retirement accounts is because the government has created different types of accounts for different types of people. These different accounts are set aside in different ways for different types of people. For example, a 401k would be set aside for people who are in retirement. This is typically for people who are able to save money for retirement. For example, there are certain people who are able to take advantage of that 401k and make a lot of money.