FE_PR_425_Consumers_Cheapo425x283The Complete Beginner’s Guide to Saving Money

 

 

 

Source: http://beginnersinvest.about.com/od/savingsanddebtmanagement/tp/saving-money.htm

Saving Money Tips and Tricks to Help Keep Cash in Your Pocket

Saving money, or the saving habit as Napoleon Hill put it so many years ago, is the foundation of all financial success, including investing. Having money saved is what provides the means for you to take advantage of situations, whether it’s going back to college, starting a new business, or buying shares of stock when the market crashes. These saving money resources will provide a foundation and answer questions such as, “How much money should I be saving?” and “What is the difference between saving and investing?”. You’ll also learn the best places to save things like down payment money on a house.

Saving Money vs. Investing

Did you know there is a huge difference between saving money and investing? Unless you were fortunate enough to be the child of a wealthy banker or investor, it’s unlikely anyone ever taught you this. Both saving money and investing have their place in your life. How you handle your savings vs. your investments can have big implications for your financial success, stress level, and how wealthy you ultimately become. Discover the difference …

Does Saving a Few Dollars Really Matter?

Even if you are committed to saving money, you may find yourself falling into the trap of spending an extra $5 here, or $13 there, thinking, “It’s not that much. I’ll never miss it.” Depending upon your age, this could be a huge mistake. One of the cornerstones of saving money is understanding the time value of money – that is, the concept that $1 today is more valuable than $1 a year from now. This single money saving tip could help transform your balance sheet over the next ten years. See how saving even a small amount of money can lead to millions of dollars …

How Much Money Should I Be Saving?

Everyone knows they should be saving money and most people are smart enough to look for saving money tips. How many people actually know how much money they should be saving? Most people mistakenly believe that more money is better, less money is bad. Although that’s true in a general sense, depending upon your needs, lifestyle preferences, and income, the amount of money you need to save and have available in the event of a disaster or golden opportunity could be very different from your friends, family, and neighbors. Calculate how much money you should be saving …

The Key to Saving Money is to Pay Yourself First

The single best way to begin saving money is to use a technique called pay yourself first. It has been proven time and time again to cause people to change their behavior, and is probably the single most important money saving tip that’s ever been developed. Learn how you can start saving money by paying yourself first …

5 Ways to Make Saving Money Easier

Sometimes, saving money can be difficult. These five saving money tips were designed to help make the process a little easier so you don’t have to stress out as you work toward buying your financial freedom. Read what they are …

4 Ways to Come Up with Cash to Make Saving Money Easier

If you want to know how to get rich, history has shown investing in good businesses to be the best way. Yet, you can’t invest in business unless you are good at saving money. These four tips will help you start saving money today so that you can come up with more cash to grow your investments, setting you on the path to financial independence and wealth. Find out four tips for coming up with cash …

Should I Pay Off My Debt or Start Saving Money First?

Debts are often a big hurdle to beginning the process of saving money. In fact, one of the most popular questions I receive is, “Should I start saving money immediately or pay down my debt first?” Here’s my answer on the saving money vs. paying down your debt …

How to Save the First $100,000

Billionaire investor Charlie Munger has always said that the most difficult hurdle to becoming financially independent is saving the first $100,000. Once you cross that threshold, you have the money necessary to get bank loans to build a business or acquire real estate, or make investments in the stock market that can have a real tangible change in your net worth if things work out well. This step-by-step guide was designed to make saving money, especially the first $100,000, easier by providing practical things you can do to achieve your goal. Get started saving money now …

I Want to Buy a House. Where Should I Save Money for a Down Payment?

Are you saving money for a down payment on a house? Do you worry about finding the right investments to keep that money safe until you are ready to make a purchase? Don’t be! Find out what the best places to save money for a down payment are …

How Saving $19 Made Some Families $5,000,000

Did you know that in 1919, families that got their hands on $19 by saving money were able to buy a single share of this well-known, hugely successful blue chip stock? Today, that single share, with dividends reinvested, is worth more than $5,000,000. This was all possible due to the savings habit. It’s important that you do not despise the day of small beginnings. Now matter how small your savings account is now, with wise stewardship and disciplined cost cutting, you can someday be incredibly wealthy. Check out this real-life success story about saving money and investing …

Guide to Investing in US Savings Bonds

US savings bonds are one of the safest places to save money if you don’t need to touch it for at least one year because each bond is guaranteed to never lose money by the United States Government. Dive into the exciting world of savings bonds …

How to Get Rich

Once you’ve learned the keys to saving money, the next step is to learn how to get rich. This comprehensive collection of articles, resources, and guides on investing, building wealth, saving, and money management, were all designed to help you learn how to accomplish that. Learn how to get rich ..