For years I’ve been sharing with you that you should be saving a lot of money.

Preparation is KING!

What does a 4-year university cost? There is a range… $60,000 up to $200,000 and more.

How much is a wedding? From $5,000 in the backyard up to who knows how much?

What about your kid’s car when he or she turns 16? You can buy a ‘piece-o-junk’ for $3,000 – $5,000, or a really safe car for $25,000, give or take.

And let’s not forget about your retirement? Do you need a cool million, two, three, four or five? Well, it depends on a lot of things; your life style, whether or not your house is paid off, if you plan to travel a lot… etc.

But here is the bottom line question: Are you prepared?

Do you know specifically how much you have to save every year for the next 15, 20 or 25 years to make it all happen?

When I found out the numbers for me, I literally threw up. It wasn’t just a single day of anguish, it was probably a month before I accepted that I had to save ten times what I was already saving!

It was scary to say the least, but once I found out, I was able to build a plan. So that’s what I did.

I’ll share more soon.

Tell me about your situation. What are you doing to prepare?