What's the best way to secure money for the future?

Answer 1

Robert Kiyosaki has a book from his Rich Dad Poor Dad series called "The Business School". He talks of ways you can invest in real estate and home based businesses to get yourself on the other side of the cash flow quadrant. Look into that book and learn how you can do that. It's a great book!
Also look into companies you can invest in where you can work from your own home to create your own financial freedom. Check them out with the BBB (better business bureau) to make sure they're legit, have praises, ratings or complaints and etc. It's what I've done and I'm on my way to getting on the other side of that quadrant!
Good luck on your endeavor!!
Bev
http://www.bedavis1.mywayout.net/

Answer 2

Open an ING Savings account. Email me and I'll give you a referral and you'll get $25 free to start.

If you have a job, open a 401(K) or an IRA account. Pay your depts, if the interest on your depts is higher than the interest on your savings.

Depending on your financial situation, what you consider a "future", and what you'll need money for (i.e. kid's college education, retirement, etc.), there may be many many options which any financial advisor would be happy to discuss with you (or add details here and you may get some answers).

Answer 3

Money market fund. Try your Credit union or join one. Forget banks. 4 to 5 % annual percentage rate with compound daily interest, FDIC insured is what you want. Don`t be "greedy" be safe. Shop around. Capital One has a high yield at 4.8% and you can take it out with out penalty. You want to be able to move it. Make the decision to put an automatic amount in every month. Start with 100 a month and increase it over time you as you see it won`t hurt you. Try to get it up to 500 a month or more. An investment of 50,000 earns you 200 to 250 a month forever.
Set a goal for yourself, " I want to save 100,000", and go for it. Be determined to be debt free and let the lenders pay you not you pay them.
Don`t trust investors to guide you, you do it yourself, you can. A friend of mine lost 20,000 to an investor, her sister 90,000. Trust no one but yourself and "only use safe institutions."
If you have an empolyeer that offers 401`s or Roth IRA`s these are good too.

Answer 4

My answer is more traditional advice
Just start saving now. I suggest automatically deducting money that goes into a mutual fund or IRA. I have $50 a month going to an Roth IRA with TRowePrice. I don't miss it and it slowly starts to add up. If you have an employer with a 401K, always put at least the same % as the employer will match. I put 10% of my pay which my employer matches 5% 0.25 cents for every dollar.
Good Luck.

Answer 5

Spend less than you earn. Stay out of debt. Pay yourself first. (That means putting something into savings from every paycheck.) Learn how to put your savings to work for your future.

There's a great book on the subject. See Sources.

Answer 6

Investing various things, that are tax advantaged.

A 401K or other retirement plan
An IRA or Roth IRA (Roths are tax free)

http://www.treasurydirect.gov for bonds.

I like scottrade for mutuals and stocks and IRAs

Answer 7

GET ALL FREE INFORMATION ABOUT LOANS AND PERSONAL FINANCE-
http://freewebs.com/freeloaninfo
AND ALSO
START EARNING ON COMPUTER USING YOUR INTERNET
FREE INFORMATION
NO REGISTRATION FEES NO SCAM
http://freewebs.com/moneyemoney
http://freewebs.com/moneyecomp

Answer 8

Try investing your money in companies with less risk. Example http://www.prosper.com I have heard of this site and many people I know attest to its veracity.

Answer 9

Long term investment and you can spend less you earn especially if your cash is not that liquidated.

Answer 10

Like they did yesterday....stuff it in your mattress