NestEgg U – Learn+Act=Earn®

Keep it simple.

Learning to manage spending habits is the most important aspect of a retirement plan. If you are spending more than you earn, there is no possibility to have money to save.

Making the transition from spender to saver is the biggest challenge you will face.

Here's how:

U for You

spen•der |'spen•der|

(noun) the inability to find money to save, no matter the financial situation (negative connotation), i.e., hey, big spender

(noun) a person who is learning to manage their money in order to find dollars to save (positive connotation)

The Dean's take on Stan

Stan drives me crazy. Just once, I'd like to wrestle the guy down and get my hands around his ... wallet. He thinks that he has it all, but he doesn't. More important, he doesn't need it all and there's no way he can afford it all.

I've known Stan for more than 20 years and I've never seen him make what I'd call a wise financial decision. He has the ability to be financially secure; it's just that his choices have been misguided. He's a “got to have it all right now” kind of guy. There's not an ounce of deferred gratification in his DNA.

But it's never too late. Maybe the light will come on. Maybe I can help. I'm thinking, it's intervention time.

Sample Budget Allocation Chart.

Stans Budget Allocation Chart
Stan's Budget Click to enlarge