Tag Archives: Myself

I Am A College Student. Can I Open A 529 Savings Plan For Myself?

By Increase Savings | Published: August 13, 2009

I’m an undergrad and I plan on going onto graduate school. If I open a 529 savings plan, can I use that money for future school costs? If so, is opening a 529 savings plan better than just having a high interest savings account with my bank?

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I'm Going To Open A Business, How Do I Support Myself In The First Couple Of Years, Without Having Any Savings?

By Increase Savings | Published: August 9, 2009

I’m planning on opening a doggie day care business with two other partners. We are still at the beginning stages, and before we go any further, our major concern is how to support ourselves financially during the first couple of years? None of us have any savings, and we are perplexed as to how to [...]

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How Does My Small Business Repay Myself And My Partner If We Used Our Savings For Start Up?

By Increase Savings | Published: May 27, 2009

Let’s say a friend and I each used $10,000 each from our personal savings to start up a small business. We pay ourselves our salary each month but how does the business repay the start up money? Is it a seperate payment from the salary? We don’t claim it as income, correct?

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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.