Financial Security is Not an Impossible Task
04/22/2010 0 comments
April 17, 2010
Many people believe having a nice little nest egg is imperative. Some trust in the Lord for each and every little thing.
Both are right.
Below are the most common ways to save toward a future of financial security.
1). Saving Through Your Employer: One of the easiest way for many to save is having a deduction taken straight out of the paycheck. Most employers offer a 401K or some other type of savings.
2). Certificate Of Deposit (CD's): Investments in a CD can be as low as $1000 (in some instances $500!) and earn a fairly decent interest rate. This is one of the simplest ways to save toward financial security, especially if you just keep rolling it over - interest and all.
3). IRA: This is a fund that is tax deferred until retirement.
4). Stocks, Bonds, and Mutual Funds: These are some of the highest interest-earning ways to save money toward financial security. However, investments usually start at $5000 or more.
When it comes to your financial security, be smart and be safe with your money!
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