Making the Choice

What do you need now, and what will you need later? Use the answer to that soul-searching question to help you choose when and how much to save. Be honest with yourself about the difference between a necessity and a long-term goal or dream. Think about the extent to which you are willing to save (or pay) now and the extent to which you believe you’ll be willing and able to pay later.

What’s most important about paying now or paying later is to recognize the choice is up to you. You have to make the choice, commit, and live it. Being disciplined at a young age is a formula for success, even if it takes time for you to be a success in your career choice. If you have followed your life plan, your master plan, and your highest ...

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