5 Simple Tips to Educate Your Children to Save Money

A lot of kids and teenagers nowadays do not recognize the cost of earning and spending money. They are not oriented that investing is necessary even if they are still pretty young or students. As parents, we play a critical responsibility in this subject, especially in today’s global climate, the importance of this cannot be [...]

Author: Austin Comments: 1 comment Date: 16 May 2009 More: Read more
Categories: Saving Money Tags: , ,

Google launches TipJar money-saving advice site

Google has created TipJar, a new website where people can share money-saving advice and vote on how useful they find the information. Advice is divided in to several categories, including at home, at work, travel, shopping and family. So far, more than 4,879 people have submitted 3,730 tips. Users have cast more than 54,230 votes [...]

Author: Austin Comments: 1 comment Date: 13 Mar 2009 More: Read more
Categories: Saving Money Tags: ,

Public Provident Fund In RED

The PPF is one of the best indicators of household savings trends. It is also the most robust long-term savings instrument in the economy with a 15-year tenure; its ease of liquidity, unlike term insurance plans, makes it a favorite with the middle class. However it isn’t only mutual funds and non-banking financial companies that [...]

Author: Austin Comments: 0 comments Date: 8 Nov 2008 More: Read more
Categories: Saving Money Tags: , ,

Power of compounding

photo by orangeacid Investment experts keep advising us to “invest for the long term,” mainly so that we may benefit from the power of compounding. Take an individual who decides to invest Rs. 50,000 for 20 years. Assume that he earns a constant return of 8% per year. In the first five years, the Rs. [...]

Author: Austin Comments: 2 comments Date: 22 Sep 2008 More: Read more
Categories: Saving Money Tags: , , , , ,

What if I gave you 100,000 bucks?

photo by pshutterbug Imagine if you had Rs 100,000 and had the full freedom to decide where to park (invest) it — where would you put it? Rewind — last quarter of 2007, no doubt it would’ve been the stock market calling your money. But hey, considering the bearish sentiments in the stock market today [...]

Author: Austin Comments: 10 comments Date: 30 Aug 2008 More: Read more
Categories: Saving Money Tags: , , , , , , , , ,

Key To Financial Freedom: Save Money

Saving Money is the key to financial freedom. Unfortunately, talk about savings and most people’s eyes start to glaze over. Inside many people simply feel that life is for living now, not for sometime never in the future and anyway they already contribute to a retirement fund. This is a big mistake and many people [...]

Author: Austin Comments: 1 comment Date: 25 Feb 2008 More: Read more
Categories: Saving Money Tags: , , , , , , ,