I met a guy recently, I will call him Journey-Man.
Journey-Man is a guy who started asking himself some tough questions about savings and investments. At some point in the not too distant past Journey-Man started wondering if he had left things too late. He started thinking about this more and more and decided to take a journey of discovery.
Join us as we follow Journey-Man as he tries to answer that question ‘Have I left things too late?’
I am Journey-Man and I have a question, “Is it too late to start saving and investing?”
When you start thinking you have left things too late, you may also start to believe that there is no hope. I believe there is always hope. So, from today, as I start looking at options available to people who have not started saving or investing early enough, I do so with hope!
I was always told that ‘knowledge is power’. It is with this slightly cliched mantra in mind that I will look for solutions to the problems of a late-starter.
I suppose that’s up for debate. Perhaps I will find that it’s too late to start saving and investing if you are over thirty, or that that I should have started saving when I was still in school. ‘Late’ may be a relative term so you can decide. For me being a late-starter means that I have come to understand that I probably should have started saving and investing earlier in my life. I probably could have started earlier in my life; but the reality is that I didn’t.
It may be good to follow along with me regardless of your age because there may be a time in your future when you believe you have let things too late.
This will be a practical journey that I hope to follow over the next three years. I hope that you will follow along to see what can happen in thirty-six months. It is my hope that together, we will realise that it is never too late to start. Rather, it is generally too early to quit.
There are a few realities that I must face as I start this journey, and these are some of the things that I want to test, change, upgrade and (perhaps) fix: –
I continue to believe that anything is possible if I work hard, learn, plan and commit. I have noticed in my life that consistency and persistence are powerful tools and attributes. I intend to take them out and use them to the maximum effect as I take this journey.
So, before starting this journey with you here are some things you need to know about me: –
As I said earlier, I believe ‘Knowledge is Power’. In this information age I know that there is valuable information out there; information to guide, encourage and assist me as I plot my course.
I am going to spend the next week or two gathering information so that I can build a plan. Hopefully within the next few days I can share that information (and my thoughts on that information) with you. You too can the consider coming along for the journey.
I must admit that I am excited about what is about to happen. I think that the next few months are going to be life-changing.
PS. We are not providing any financial advice. This is simply a journey of discovery. If you need financial advice click here and we will direct you to a registered financial advisor.