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Start Saving Now

Kenneth Eaton

Start saving.

Take $50 a payday and set it aside in an account at a financial institution that you don’t have access to right away. Put your savings into an account and forget about it.

The challenge I offer my young troops was to take that $50 a month and each time you get a pay raise, increase your contribution; go from $50 to $100 to $150 and so on. You set up your savings account, forget about it and after some time, you look up and you've done quite well for yourself.