When did you first start a saving plan?

What is the purpose of the saving plan?
How will having a saving plan benefit someone?

3 answers

Does your teacher want my answers or yours?
Your answer... It's like an interview
I've never had a savings plan. I used all my income to help raise our family. Besides, as a teacher I knew I'd have Social Security and a pension. I haven't been sorry, as I have enough money to live the way I want and help my adult children when necessary.

Today, when pensions are not guaranteed, it's wise to have a savings plan to supplement Social Security when you retire.