Could you spare a few dollars this week? Is it possible to save $50 this month? Instead of spending or 

4 Steps to Save $100k For Retirement

Putting the money in the bank, start saving for retirement. IRAs can be registered online or discussed with a trusted financial advisor. 

Contributing to your savings and earning interest are important. Start planning now. It will be harder to catch up if you delay starting.

Consider creating a budget if you aren't already. By making a budget, you can see how much you're making and spending. 

2. Budget More Towards Savings

Financial experts recommend the 50-30-20 rule. Instead of breaking down your spending habits into different categories, 

And 20% may go to savings. You can try other budgeting methods if that method does not work for you.

Are you celebrating a birthday soon? People tend to give more during special events and holidays. 

3. Put Away Any Extra Cash

Consider saving part, if not all, of any money you receive as a gift or a return on tax returns. Put the money aside for a rainy day.

You can earn interest on any extra cash you put into a high yield savings account, or I recommend an IRA or Roth IRA.

Make sure you take advantage of your employer's matching program for 401(k) contributions. 

4. Make use of 401(k) matching programs

Take advantage of what your employer will contribute to those accounts by contributing as much as you can. 

Make sure to save 6% of your salary if they are matching up to 6%. There is usually a 3%-4% match to your 401(k) account. 

Companies may match up to 10% of your contributions, while other companies don't match at all. If you don't know if your employer offers it, ask them about it.

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