Tag Archives: Just

Planning To Purchase A House: Is There A Better Way Than Just Keep The Money In My Savings Account?

By Increase Savings | Published: August 1, 2009

I’m trying to save up for downpayment for a house. I am hoping to be able to buy a house 6 months from now. I’m trying to save part of my paycheck for that but I was wondering, is there a better way than just keeping it in my savings account?

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Why Can't I Just File 10 Exemptions, Put More Money Into Savings And Pay Up At The End Of The Year?

By Increase Savings | Published: June 30, 2009

Is there any disadvantage to claiming 10 exemptions, sticking the money into a money market or savings account, and paying the IRS at the end of the tax year? I am a single with no kids, so 10 is probably excessively high, but I don’t see any disadvantage to doing what I described above if [...]

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  • Thinking of investing your savings?


    While increasing your savings is good, multiplying your money through smart investments feels great - there are lots of opportunities out there and you can be successful if you're arming yourself with the right information.

    Where to start?

    If you're going to try your luck on the stock market or trading options, first start by learning the basics and delay as much as possible buying real positions. One way of getting hands-on experience with the markets is through online trading - either forex or binary options are good learning grounds and most online brokers offer trial accounts free of charge (if you're wondering what are binary options, 24option.com has very good resources on it, besides offering a free practice account and a wealth of information about binary trading in general). Final warning for the very eager: binary options are exotic financial instruments; real trading involves substantial risk of monetary loss.