To be honest, it’s hard to encourage someone to save for retirement, especially for people my age. I’m 23, retirement is such a far off goal that I understand why many people my age don’t even have this anywhere near their radar. Why would I save a $100 this week for something that may or may not happen 30+ years from now? I could use the very same $100 on things I want to do right now.

For many people, saving money is hard. We’re tempted by so many things and the fear of missing out (FOMO) on experiences today is hard. I open Instagram and I see all my friends doing all these fun things, how could I not want to be part of that. So let’s try to explain the way our brain thinks.

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“Dear Timothy, Chase Bank has received a $X direct deposit. Your money is now available to be used.” It’s one of my favorite notifications to see on my phone. The minute I see it, I open my chase app. There are dollar signs everywhere and a comma appears in the symbol of my bank balance marking a shift from the hundreds place to the thousands.

Like many other people, payday is one of my favorite days. It’s such an empowering feeling to have the money that you worked so hard for come into your bank account. It’s a sign of the hustle, the grind that you are doing to make a living for yourself. Yet, what comes next is this peculiar feeling that I’ve seen almost every single person I know, including myself, feel after they receive a paycheck.


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