Moneyinayear Posts

Savings is a way of keeping some amount of money apart as a reserve for the future. The money could be for investment or for retirement. One good way of saving for your retirement is putting money in a good pension plan. If there is a provision for a pension plan in your place of work make use of it, if there isn’t get one.

You may want to buy a car in the future or build a house or send your children to the best schools or take holiday to a luxurious place in the world.  It is with your savings that you can make sure this is accomplished.

You can also save for seasonal expenses like during Easter, Christmas, Thanksgiving. You wouldn’t want to wait till this holiday seasons come upon you before you start running around for the money therefore you need to have some money before hand.

These are the ways you could save some money for the seasons and for other things you want to do. There are so many ways to do this but I will be enumerating just 16 ways. Continue reading “16 Ways to Save Money for Christmas” »

Saving Money

A bank account seems like the perfect type of investment until you realize that the interest you earn hardly keeps up with inflation. In today’s world it is not enough to have just one stream of income. If you are a salary earner you shouldn’t depend on your salary alone to survive. This is because things are moving at a faster pace than before, inflation is on the rise and economic depressions and recession are on the increase. Not to talk of increasing population of humans.

What do we do? Do we sit down, fold our hands and cry? No, we have to adapt to the situation we find ourselves. As the saying goes change is the only constant thing in life. Therefore we change with the situation. We adapt to our world. Our forefathers had only one stream of income and they Continue reading “Investment is the Key!” »

Investing