Being prepared means having money when you need it. Here are three ideas to help you be more successful in putting money aside for the future:

1. Concentrate on the process, not just the outcome. Save automatically and regularly, perhaps through work.
2. Segregate savings funds. Keep funds separate to prevent “Peter from robbing Paul.”
3. Start now. Let time work for you, not against you and use the miracle of compound interest to help money grow.

For a fuller discussion of this topic, go to:
http://blog.lib.umn.edu/learning/financialplanning/2009/03/
how_can_you_be_better_prepared.html

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Mark Fischer, Certified Financial Planner
Fischer on Finance
7301 Ohms Lane, Suite 365
Edina, MN 55439
Phone: 952-881-4696
Fax: 952-881-4534

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