I am perplexing to set up supports in the assets account. Could use a little tips upon saving, spending, as well as handling money!
- If a non profit corp wants to invest $5k, who has the best savings or money mkt acct.or is there a better way? (5)
- Best traditional business to start with hard work and little start up money? (6)
- what are some tips to saving money that you have in a bank account? (3)
- Money saving tips for teen w/ checking account? (7)
- Saving Money is Not Always the Best Course of Action (0)
- I would like to start a small business or franchise I could invest in or something i could make good money off? (5)
- Can I withdraw money from my retirement account to invest in my new business and avoid the 10% penalty? (3)
- I need a business partner who can invest money to start a business in sri lanka.? (2)
- If I had $200,000 to start with, Whats the best place/business to invest it in? (1)
- I want to start a graphic design business, how much money should I invest? Just 2 people working.? (4)
- what’s the best way to invest my money for a profit? (4)
- What is the best stock to invest money in and earn some profit on it? (8)
- Is it better to start a business now or to save money until I have a million dollars and then invest them? (2)
- What would be the best way to invest money and come out with pretty decent profits? (3)
- Why would a business feel compelled to invest the money they are currently saving? (3)
- Do I have to pay tax on money received from investors to start my for-profit internet business? (1)
- At this time, Where is the best and smartest place to invest money? (5)
- If I have $10,000 in my savings account and I want to invest all of it, what should I invest in? (7)
- What is the best way to invest money to avoid capital gains taxes? (4)
- Whats the best way to invest my money in 2011 to make profit legally? (7)
Tagged as: account, best, etc., Money, Saving, Savings, start
{ 7 comments… read them below or add one }
rule of thumb think 20x before you bur something. ask yourself do you really need it? That will save you money. Try to set-up like auto deposit. (after all your bills are paid all your money will go to your savings account etc.) Always bring pack lunch at work. Skip fast foods and Coffee. Do the math if you buy $4 worth of coffee every workday that’s $20 a week $80 a month $960 a year. hope it helps. And don’t forget to participate in 401k specially if your company match what are you putting in.
Do not buy expensive stuff. Buy low price items? And don’t fall for temptation. Try not to buy worthless thing on sale.
i would like to recommend
hsbc online savings, with a 6% APY
if u like, find a CD with at least a 4% APY
either way, u r gonna get taxed though
if u have alot of $$$, try municipal bonds
if u r hardcore (conservative i mean), consider creating a personal budget (well, to budget ur finances of course)
always be careful of waste and unnecessary purchases
Automatic withdrawal is a great way to go.
Mutual funds offer higher interest, with more risk.
Research http://www.TRowePrice.com
Savings accounts at banks offer a lower interest rate, but easy access.
Check with your bank for details.
Find out your short-term goal and how much it will cost. For example if you are trying to take a $5000 vacation in 8 months, set aside $625 per month. Start a NEW savings account and never withdraw from it until that day comes.
When you get paid, immediately take a portion of your paycheck out and transfer into savings. You decide the portion – either a dollar value or a percentage value. Never withdraw from your savings account unless there is a need. If you immediately transfer money out – you won’t be able to spend it.
Automatic withdrawls from your account into your savings account not attached to your bank and forget about. This prevents you from having to think about it and telling yourself that you could really use that money now, plus if you cant see it, you’ll be less tempted to dip into it from time to time.
Susie Orman has a really good book out “9 Steps to Financial Freedom: Practical and Spiritual Steps So You Can Stop Worrying” which has alot to do with financial planning.
Best of luck to you!
Money can be a difficult thing to handle,
especially if you don’t have much of it.
Managing your finances can be tough
if you have to break it down into
groceries, bills, tuition fees,
and other expenses.
However, it is always sensible
that you put a portion of your salary
into savings, even if it’s just
a few dollars every week.
Many unexpected expenses
can suddenly pop up and
having money in a savings account
can get you out of trouble.
Full article is here
http://www.accountbestsavings.co.uk/best-savings-account-tips.php