Tag Archives: Should

How Much Money Should I Have In My Savings?

My parents have been telling me to save since I was like 8 years old. They even opend a family bank and my mom would make play-checks on the computer to teach us how deposit checks. (she never made withdrawal ones though..hrm.) Anyway, now they’re saying you need at least a million dollars to retire [...]

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Should We Be Investing Our Savings Into Something Or Keep Saving?

My partner and I have saved $20000 for a deposit on a block of land but have been declined for credit due to having a default each. (the things you do or don’t do when first moving out.) So do we invest or just keep saving for the next couple of years until our saving [...]

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How Much Should I Put Towards Paying Off My Debt, And How Much Should I Put Towards Savings?

About a year ago I occured alot of debt. I’m now back on track, making pretty good money for my age.. I’m trying to figure out how much to pay each month towards my debts and how much to save? Here is a break down of my debt and the interest rates they have: $3200 [...]

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Should College Savings Accounts Be Opened Under The Child’s Name Or The Parents?

Both are options but which is better for the child?

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How Should I Split My Savings?

I’m 13, and I want to save up for a keyboard symthesizer. I don’t really know how much of the money I earn I should save. Perhaps you could explain it to me in percentages? What percent should go to my savings, synthesizer fund, and my personal savings? The snythesizer costs $2,595.

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Where Should I Put All Of My Savings To?

I am currently banking with Wamu and I have everything from the mortgage to my CDI with them. I wanted to switch to a more stable bank and the return of interest for my CDIs is the least of my worries. Any suggestions?

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Where Should I Physically Store My Daughters Paper Savings Bonds? Does It Matter That Her Name Is Mispelled?

Her name is mispelled, will that matter down the road? How do I fix it if it needs to be changed to relect the correct spelling?

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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.