The Secret of Saving Money!

[cupidkisses]

Most of us want to buy something new, or want to go somewhere. But there is a big problem that prevents us. It's money! Our dreams are dashed because we don't have enough money and also can't save because we don't know how to.

We usually save what has left after spending it. That's how most people save money. But this won't take you anywhere! You may not always have money left, or you may have only a little left. In that way, you won't be able to achieve your dreams. Not being able to save money that you were planning to will also decrease your motivation.

Here is the secret! Don't save what has left. Save some of it, and spend the rest. And never touch the money that you save, whatever happens. It doesn't matter if you are running out of money or not. Just don't think about that money that you put a side for your dreams. Act as if you don't have it. Because if you spend it whenever you need, you won't be able to save.

[capturemyheartnow]

Saving money for retirement should be your long term goal. According to the "2013 Retirement Confidence Survey" , 40% of all American workers think they need to accumulate at least $ 500,000 by the time they retire. But 76% of the Americans have saved less than $ 100,000 for their retirement. Investing in shares and securities and gold or real estate is a good way to earn handsome returns. Social security schemes give very less returns. The secret to better investment is to start investing early and keep your investments for the long term. If you manage to earn higher rate of returns , then your money can grow very quickly. Example , you can multiply $ 2000 into $ 1 Million if you keep on doubling your investment every year for the next 10 years.

[jacquesvol]

Just spend less than your income and stash the difference away for bad times or for your heirs

[Anonymous]

Great point that's how i saved money