This post first appeared on RightAboutMoney.com
I have always been a saver. I was raised to think about money and my financial future. And today whenever I hover over a shiny new purchase, I remind myself that I do not want to be waiting tables as a 75-year-old. This singular image keeps me focused. I suspect most Americans do not save more because there is no such image, or motivation, in front of them. They are not able to picture their future self, and they feel invincible. They will save…next year. YOLO is the battle cry today. When the inevitable “rainy day” arrives, it catches them by surprise.