Dilema: Retiremment is around the corner and you haven't saved a cent. MSN Money has a great piece on catch-up savings strategies. A useful tip: A zero-based budget how-to.
"A zero-based budget means you start with the absolute essential expenses, and then add expenses from there until you run out of money," acording to the MSN article by Ginger Applegarth.
*fixed costs for living essentials
Stage Two: Discretionary Perks
*entertainment (make drastic cutbacks as funds dwindle)
Other Catch-up Strategies
*Consider working for a corporation with a better retirement plan
*Start a part-time business
*Downsize your residence