Your future financial security is dependent on having a retirement savings plan. Where to put the money is not the issue. The choices of where to put the retirement savings are endless. Finding the money to put in the plan is the concern. Here's how to start one on your own, RIGHT NOW!

The old-school advice, Pay Yourself First, is some of the best money management advice you will ever get. If you don't pay you, who will? How do you do that? Here's how.

Out of every bit of income that you make, immediately carve off 10% and stash it in your retirement savings plan. This is more than likely a scary idea for those with debt and past due bills to pay. What do I say to that? JUST DO IT! You will find that you CAN operate on 90% of the income if you decide you are going to. As time passes, you'll find you have adjusted to operating on less money.

The biggest benefit of this self imposed retirement savings plan is the peace of mind you'll have just knowing the money is there and that you are building your own financial security. You won't spend so much time and attention worrying about money. Just knowing that cash is there will make you sleep better at night.

Think you cannot possibly put away the whole 10% to start with? Take a look at your cash flow from this point of view. Go over all of the suppliers you pay out of your herd earned money every week and get the idea that these suppliers are all on your personal payroll. Is there anyone you can fire and operate without? Is there anyone you can cut back from full time to part time status? Just look at the bills that come in every week, and those automatic fees deducted from your accounts and you'll see exactly who is on your 'payroll'.

Here is an example. I was working with the owner of a business who was having a difficult time cutting company expenses by 10% to put away in his retirement savings plan. We looked at each expense from the viewpoint that the supplier was on his 'payroll.'

Right away we were making a game of firing suppliers like the extra $9.95 per month third-party fraud protection on each of his credit cards. We didn't renew the contract on some advertising that wasn't bringing in any new business and found a less expensive alternative and saved $280 a month. We consolidated a portion of his debt to a low interest loan and saved over $300 in monthly finance charges. We sold a lease-purchase piece of equipment he was not using and paid off the note. That saved him $239 a month. We even fired his bank and moved his accounts to one with no monthly account charges and got the old bank off his payroll to the tune of $25 a month. Now he has a nice pension fund building up each month.

Why is it vital for you to have enough control over the flow of money? It is the energy and life blood of a company. It is vital to pump it through the income producing areas first to keep it running smoothly. Everything runs much more smoothly when plenty ofcash is available. And that includes you, the company owner. The Money Management Solutions software guides you towards making the correct decisions about how to use your money to increase your income and bottom line.

You can make a fun retirement savings plan building game with your company's cash just by changing your viewpoint about how you will use the money. Be the Donald Trump of your own business empire. Take a really close look at who you are paying out of your hard earned income. Don't be reluctant to say 'You're Fired!' and pay yourself 10% first by putting that money away in your personal retirement savings plan.