Do I have to invest my money or is saving good enough?

I look at numbers like this all the time and they still blow my mind. Kelsey and Kayla saved the EXACT SAME AMOUNT. That means they put in all the same hard work of being frugal, budgeting, couponing, getting raises at work, etc. But at the end of their careers Kayla is a multi-millionaire while Kelsey only has enough money to live for a few years in retirement. The impact on their lives could be huge. Kelsey may have to delay retirement, move to a cheaper state, make difficult choices about how she’ll pay for medical care and so much more. Meanwhile Kayla is set. Even though they saved the exact same amount. Crazy.

As always, reminding you to build wealth by following the two PFC rules: 1.) Live below your means and 2.) Invest early and often.


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