Saving Versus Investing

 Either Saving or investing is about money. We collect some money for the future need or want. We hope our money increase, by saving and investing. 

I read a nice article from a famous blog that explain the difference between saving and investing. I think the article is simple and easy to understand for common people. Certainly,  the people should know the English language. 

Saving is actually for short term. You can save the money for your college or your first house. as your wealth increase and you have so much money. 

The article also explain when to save or invests? it is depend or your money too. save more money when you  do not have emergency fund. You can invest after you have money. the investing also for long term such as retirement and your kid college. Perhaps you have another high paid debt next. 

read also 

What is net worth 

Top Financial Planning Tips

tips for Frugal living posters

This is my first posters that I post in this blog. i have made it from Canva. It is not difficult to create it. in this blog i give only four tips of frugal living. it is not easy to do it. you should have strong commitment for it. 

idea saving more money

I am a man who also difficult to save. I also spend my saving and finalcy i do not have much saving. i think to save more money. we can increase money by:

1. Build a deatiled budget outlining your salary and expenses. Trace the salary that you cna oncearse and reduce tha 

2. the debt can increase your expense. reduce it and allocate the money to your saving

3. limit your online shop. Buy only you need not you want. 

4. save for windfall. sometimes we get money from unexpected income such as bonus, gift, and others. 

5. Build an emergency fund. there are some unexpected income and there are some unexpected expenses too. sometimes you need money to repair your car. It is better using your emrgency fund than owe to others. 

6. Track your progress. people are happy, seeing every progress. they feel satisfied and celeb the achievement. I remember a student writes thank for herself in her thesis. 

Image by Clker-Free-Vector-Images from Pixabay

Who can save?

 I did not have little money. Today I do not have much money too but someday i will have much money. I realized that I have to cut some spending. I was living alone in my parent's house. I cooked the breakfast alone and I just buy the cheap vegetables. Rarely I ate outside. because it was so expensive.

Though I can cut so many spending but I cannot save. It is because I did not save at the beginning. I save money at the end of the month. This is mistakes that I realized.  There are so may experts suggest us to save at the beginning or pay yourself first. I did not do like that finally, I spend the remain of my money. 

saving money is my strategy to finish my goal. At the time, I also had not the goal of the financial. Today, I also consider the house. A nice house in my hometown. 

Image by Harry Strauss from Pixabay

How to Make money without degree

 I heard some college or degree cannot pay the  student loan. It is difficult today to pay off the student loan due they have not good job. Good jobs, meaning or get salary that is enough. Enough size is undefinable. I also diffilcut to determine the enough. However, the enough could be meaning you can fulfill your need and pay your debt. 

Some people think they can pay the student loan after graduating but they cannot. They have to pay the debt. Finally, they can sell the asset to pay the debt. 

some jobs does need colleges degree. There area some opportunity and abundant but also the abundant people search the jobs. However, you can try to find the jobs

1. writer

Not many writers in this world. Only talented or the hard worker writing that can live from the article or book. Only few people can make million dollars. However you can try

2. Blogger

Blogeer also a good job to. Little people can make money in blog. 

3. Welder

Some professional Welder generate money so much. You have to get welder certificate

4. Carpenter 

Some carpenter make money too. They should be able to made something from wood.

5. House Builder 

Not all people can build a house. That is why most people hire to build their house. 

6. Elictrician 

If you dare hold the cable, you can make money as electrician. 

you can also idea in this blog post 

Photo by Mohammed Hassan

I should saving in beginning

Some people disappointed after saving. The saving is not enough to buy something. For example, A man  has planned to buy motorcycle for $1000. After two years, the saving beyond $1000. But.... The motorcycle price has reach $1200. Certainly, he must find others $200 to buy the motorcycle. 

I believe the man must be disappointed. He decide not to saving again. He use the money for leisure only. This is a reason why people do not saving their money. 

A saver said that we should save the money first, event a penny. Yes, the inflation can eliminate or diminish our money but at least we have a little money. You can use the money for others or you may add money to buy your goal. perhaps i want to buy a house.

Taht is why i should save early. 

Is it safe retail bond investment?

 I am excited about retail bonds. According to the marketing, this investment is safe. However, I cannot fully believe it because there are some risks involved in retail bonds, even though the issuer is a government. I suspect that the country may be in need of funds.

there are some risk that we have to consider such as: risk country. some developed country issues easily. i cannot believe it. therefore, you have consider the: 

It's essential to approach any investment with a healthy degree of skepticism and due diligence, even when dealing with government-issued retail bonds. While government bonds are generally considered safer investments, there are always risks associated with any financial instrument. Here are some points to keep in mind:

1. **Evaluate the Country's Financial Situation:** Research the economic and fiscal stability of the country issuing the bonds. Look into factors like government debt levels, fiscal policies, and economic indicators. If a country is in dire financial straits, it might indicate a higher level of risk associated with its bonds.

2. **Interest Rates:** Consider the interest rates being offered on the retail bonds. Higher interest rates may be a sign that the government is trying to attract investors due to higher perceived risk.

3. **Diversify Your Portfolio:** It's generally a good idea not to put all your investments into a single asset class. Diversify your investment portfolio to spread risk. While government bonds are relatively safe, having a mix of assets, including stocks, bonds, and other investments, can help manage risk.

4. **Consult a Financial Advisor:** If you have doubts or concerns about a specific investment, it's a good idea to consult with a financial advisor. They can provide personalized advice based on your financial situation and risk tolerance.

5. **Read the Bond Prospectus:** Carefully read the prospectus or offering documents for the retail bonds. This document should contain essential information about the bond's terms, risks, and the issuer's financial situation.

6. **Understand Inflation Risk:** Even with government bonds, there's always a risk of inflation eroding the purchasing power of your returns, especially if the bonds offer fixed interest rates.

Remember that all investments come with some level of risk, and no investment is entirely risk-free. Your level of comfort with risk should guide your investment decisions. If you have any doubts or concerns, it's crucial to seek professional advice and thoroughly research any investment opportunity before committing your funds.