making money and saving as well

India
April 21, 2008 1:43am CST
well friends i like to make money as well as save it also but I donthave many schemes and ideas in this respect.Can you please suggest megood ideas as to how i can save my hard earned money....
1 person likes this
3 responses
@danzer (2723)
• Philippines
21 Apr 08
To save your money, you need to have a spending plan or we call it a budget. You can search the internet using the search engines about budgeting. You can get so many tips out there. The best thing is to get educated about money!
1 person likes this
@pkc3000 (1266)
• India
22 Apr 08
dear danger I fullyagree with you , To save your money you will to plan in advance where you will spend and where you will invest your money or call consultant service who can guide you on the subject. Now a days lots of financial institutions are there on the net who offer free online service and guide lines to the investors. The best way to save money to educate your self and your family need pkc3000
• United States
21 Apr 08
There are many ways to save money. The simplest would be to open a savings account and have a set amount removed from the account every other week or once each month. I have an online account with ING and they offer a higher interest rate than most brick and mortar banks. Paypal also offers a money market account, tied into your Paypal account and you can earn interest on your Paypal funds. In the US, we have Roth IRAs, which are retirement accounts that we open and save funds (with after tax funds)Roth IRAs are great because they are like a savings account...you can use your contributions towards buying a house, investments, etc and as long as you don't touch the interest you've earned, you pay no taxes on withdrawing the money! Whatever way you go, please do research and look at all your options!
@s2a2n2 (1732)
• India
21 Apr 08
Make plans in advance. Try to figure out where majority of money is going away and try to reduce that if unnecessary. If you are looking for making any money, I have listed out some of the sites I am earning from in the following site. Please feel free to check them. I have other sites upon your interest too. Please message me for information. cheers and best of luck! My link is http://foruallfriends.blogspot.com