In the beginning we had a very simple idea. Make the finest cold cuts possible. Nothing less.We still insist on the same unwavering commitment to those standards we established long ago, standards mostly abandoned in a mass-produced world.
So don't blame your poor savings on your income. Don't wait for your income to rise. Just start saving, and save every month. In Ordinary People, Extraordinary Wealth, I revealed that five thousand ordinary Americans became wealthy simply by saving small amounts of money on a regular basis. You'll find four ways that you can easily create savings in chapter 49 of The Truth About Money.
The goal of investing is usually maximizing growth with an acceptable amount of risk. Saving. The difference between saving and investing is the amount of risk you are willing to take. Savings can be used for short or long term goals, but usually involve little to no risk. Most people put savings into guaranteed accounts such as a CD ladder or savings account.