Learn more about moneyandinvestments with this collection
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Saving VS Investing
The words “saving”and “investing”are sometimes used interchangeably,but when it comes right down to it,we should be engaged in both to secure our financial future.
A shared characteristic of both saving and investing is the utmost importance that they play in our lives.If you are not doing either, the time to get started is now.This may require changes in spending, tracking,and in the utilization of your income,but it can and should be built into your plan.A general rule of thumb is saving should be short-term while investing shuld be long-term.Keeping that in mind,let’s review the differences.
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Saving
We save for purchases and emergencies. Saving money typically means it is available when we need it and it has a low risk of losing value. It is important to track your savings, putting a deadline, or timeline, and value to your goals. For example, if you are saving f...
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Investing
When investing,it is important to invest wisely.You will have a better return if you begin investing early.Understanding different investment vehicles,what they are for, and how to use them is imprative to being successful.We invest for long term goals,such as our chi...
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Stoic Path To Wealth: Grow Money
Stoic investors make smart, balanced bets. Most of us invest in secure funds with low returns. Investors looking at bigger returns opt for index funds. If you are okay with losing money, that does not mean that you should.
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How to study 📚🦋💻📑
Get organized
- Carry a homework planner at all times. Entering homework, projects, tests and assignments as soon as they are assigned will make sure they aren’t forgotten about.
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