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If you Must Buy - How can you Save? |
How to Save |
Personal Success Stories |
Why Save your Money? Buy your Freedom! |
It sounds ridiculous to not save your money doesn't it? Yet so many people simply spend their money all the time. You know people that think they are saving money when they buy something they don't need on sale don't you? |
We say, save your money in a bank account and only spend the interest if you must. That way, you keep the Principal amount and the money you have spent is passive income. |
So, Why Save your Money? |
From my own personal story when I was 15, my grandfather once asked me why I save my money. At my early age, my first response to him was that money buys freedom. It's as true today as it ever was. |
I feel better knowing money is in the bank, earning interest that I can spend without worrying where the next dollar will come from. I know it will be there, and with interest rates holding stable right now, the return on my dollar is doing just fine. Yes, I will have to pay taxes on it, but remember, it's money I didn't have to work for! |
I know many of you think that good investments in the stock market or in real estate will yield better returns over many years, and in truth, you are correct. This site is about learning to save your money so that eventually, you can make larger investments in the stock market or in real estate while still feeling comfortable with the liquidity you have in a well funded savings account. |
StopSpendingMoney.com wants you to get rich by saving $10,000.00 100 times! |
Disclaimer: Not financial consultants - we just make sense Contact us stopspendingmoney blog |