OK I work and save my meager funds , but I wonder though do you all go through the same thing as me? After some time passes. I hit the 3 or 4 thousand dollar mark, my spending habits don't change but I just can't seem to get over that mark it drives me nuts how about you ?!
2006-09-27 20:20:31 · 1 answers · asked by swami242 3 in Society & Culture ➔ Other - Society & Culture
You have to make ur money work for you, put it in an account you cant access and shop around for a good interest rate, if its only the same as the inflation rate then its no good, ur actually losing money!
Some banks have financial advisors for free.
I personally made my money in real estate, I bought my first place with a minimal deposit, but bought in an area that I knew was gonna boom, then the rest is history
Just saving money in the bank isnt really the way to go, do some homework, there are really great books out there
I also put some money in a managed share fund, a reputable one I might add, it has doubled in less than 4yrs!!
shop around, read some books and talk to other people that seem to be financially successful, most are happy to share what they have learnt
good luck
2006-09-27 20:34:32 · answer #1 · answered by livachic2005 4 · 0⤊ 0⤋