Small is Big

New Article for Ozy

Snippet from Ozy:


"Financial advisor Spencer Sherman urges his clients to boost their savings game by making a plan to save a small amount of money at regular intervals or with every paycheck, and make a note on the calendar to slightly increase that amount every six months (and proportionately for any salary increase or bonus). This will lead not just to more wealth creation, but to an increased confidence and sense of financial well-being,says Sherman, who founded financial consulting firm Abacus Wealth, which today manages more than $3 billion in assets.

Rather than regarding saving, or saving more, as something you always mean to do but never quite get around to, consider it like buying gas for your car: You’d never stop buying gas and then complain that the car won’t go. Sherman says that saving should be similar, in that you plan to always do it."


Read the full article here!

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