High salary employee need also invest

You must be happy when you have high salary. you can buy anything that you like. You can eating out frequently. You can buy the car that you like it very much. However, you must remember that some day you will not receive the high salary. Perhaps your boss fired you or perhaps your company bankrupt. You cannot work again because the accident. Any reason that caused you have no job. That is why you need to invest your money beside saving. One day you need the money to fulfill your spending. You can still buy anything that you need though you have no jobs. You can set aside money from salary for investment. There are lot investment. Long time ago, people buy land to make money. They can use the land for farming that produce grain or cattle. They can hire the land to other people so they receive money.

How to save to buy house

Our ancestor live at the cave that can protect them from the wind and rain. They can also protect themself from the animal. As the civilization grow, they need house. A house is where the human can live. Every family need at least a house. They encourage to get the house. Here are some ways to save: 
1. Determine what kind house do you want  This is a important question for you. The house price is different each other, depend on the house type, the size of house, the location, and else. Research a bit about the house that you want to buy. Consider and calculate the time you need to buy the house. You will need more money, when you decide the house later. 

2. Budget for saving You need to earmark your income for your house. More money you save, more better. You can get the house earlier. Increase the income that you can do. If you have a good jobs, you may generate a high salary. If on the other hand, you get bad job, you just get low salary. Find side jobs or second jobs to increase your income. Teaching some knowledge and subject can make hundreds dollar per month.  If you plan to get house fast, you should earmark large money. It mus be heavy for you but i am pretty sure you can do it. 
Open an account that you will not withdraw except for house. You can save 5% from your salary or more than it. Save the money first before you use money for other things except for paying debt.
3. You can reduce the spending. You need to delete unnecessary and unwarranty spending for other purpose. You have better to have a house than watching the cinema everyweek.  there are so many things you can do to reduce the spending, such as: Use coupon to buy food at the supermarket and groceries. It does not reduce the spending much but you can save $20 - $40 per month.  Use the mass transportation such as buss, tram, train, to go to office or school  Use the save energy lamp to cut the electric bill. Turn out the light when you do not need it. 
In the spending side, you should use money for your need only. You can cut the entertainment spending. Find the alternative to cut down the spending. For example, you can start to cook your meals rather than buying the food because your cuisine must be health and delicious than other cuisine.
source :
http://www.ehow.com/how_5832_save-money-buy.html
Photo by: Tax credit

How to use salary to reach financial freedom

Only few employee can reach financial freedom due they just have little salary. Sometimes the salary is not enough for them because the cost of living is higher than the salary. No matter how much your salary, you can use it to reach financial freedom.
Do not trust to people who say the employee cannot reach financial freedom. Create some action to use your salary.

1. Saving the part of salary
Even you just get hundreds dollar from your boss, you should save little money. Saving is important for emergency fund that you can use whenever you need.
Saving keeping the value of your money and keep pace with price of goods. Due the downturn economic, the goods price are increasing.
Some employee saves money for the business capital. Founding a business needs money to buy the material, to hire the employee, to market the business. 
2. Invest wisely
little money that you invest can grow to abundant money. The investment is very important for your future too. When you retire, you wan withdraw the money.
While you still receive the money from boss, you can invest it to risky investment. Despite the bad economic, little stock can generate more money. In China, the stock return has hit double digit return. You will never find the stock at other place. Seek out the investment at the new emerging country such as Brazil, Russia, and India.
3. Education
There are so many employee who enter the college or university or college. You should choose the marketable subject such as accounting, management, IT, nursery, and others. Those major can make more money than others subject.
After graduated from the college, you can ask the boss to increase your salary. The boss may consider your education to raise your salary. If your boss do not care to what your requirement, you may find other boss.
4. Setting the goal for future
What is goal for the short term, middle term and long term. The goal can encourage you to work more hard. The goal should be match with your salary.

Freelancer versus employee: which side are you?

Some people choose as freelancer while some other prefers as employee. The freelancer thinks that the freelancer is better than an employee because they can get more money. They can stream income from various sources such as payment, royalty, goodwill, and others. They can still work to for some university or school that needs experienced people.
Meanwhile, the employee feels comfort with the monthly salary. They can receive regularly payment from the boss that the freelancer does not receive it. With regular payment, the employee can manage the money easier than the freelancer.
The employer also set aside the salary to retirement fund such as IRA, or 401k. Those retirement fund can be withdrawn when you retire or when you quit working.
Some company facilitates the clinic that you can visit when you sick. The clinic provides some medicine. You do not have to spend money when you got sick. Some company allows you to bring your kids to clinic.
The company also pays insurance for you. When you got accident in factory or office, the company will pay the health cost.
However, not all company will pay the medical benefit, retirement fund, and insurance. Some company employ outsourced employee that has no right to get those items. The employee also grumbles to lower salary. Sometimes the claim payment is low.
As an employee, we should attend at the office at the morning and go home at the afternoon. If the boss orders you overtime, you may work overtime or not. The boss will pay your overtime. On other hand, freelancer does not need go to office every day. The freelancer can start work when someone orders the job or project. With so many empty times, they can do anything to collect some money.
A company usually retires the employee at 55 or 60 old years. The old man is not productive for the company so they should replace the old man with the young people. After retire, the employee must be difficult to find jobs. On other hand, freelance workers do not recognize retire. They can work as long their body health. Some company still hires the old consultant for doing some projects.
Some freelancer prefer to work for themselves and be own boss. They do not want any boss that angry to them or order them; meanwhile, an employee should obey what the boss said. Some boss makes the employee mad because he or she often shout load.