Moving to an Inexpensive Area is Helping Me with Retirement Funds

The apartments in Goodlettsville TN have always seemed like a much to rent than the ones located where I lived, so I got curious one day about moving there. The place I live is much more expensive and not as pretty. I wanted to start saving more money, and I figured that finding a nice apartment to rent that costs much less than what I had been paying would be a good way to do that. I already did what I could to be thrifty, and I had cut down so many of my bills and purchases as it was. The only thing left to do was to find a place that would be much cheaper because there were no other things bills that I could cut down even further.

My parents taught me from a very young age how important it is to save money. I am 28 years old, and most people my age are busy spending their money because their retirement seems to far off to them. When they would see how much money I would save, they would always tell me these were the best years of my life and that I should just have fun and save later in my thirties. My parents taught me that this is an illusion and that too many young people fall for it. They explained why that is, and they taught me that some of the best years of your life actually happen after you retire.

The place I found in Goodlettsville is $500 less each month in rent cost. I have been able to take that extra savings and put it into my 401(k)plan each month. My employer matches the funds that I put into the 401(k), so I now have an extra $1000 being saved every month. I don’t know anyone my age who is able to do this or wants to.

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