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Money Saving
Correlation between saving and investing
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[QUOTE="Jasmine, post: 238836, member: 49159"] In order to invest, you need money. You can got money for investment in multiple ways, for example your own money (that you inherit from someone, your savings, and the money made by selling assets), loan (burrowing from banks, financial institutions,or friend and family), through fund raising, etc. If you do not want to get loan and do not want to take a pain of raising funds or think getting a loan is too risky the only option you have left is your own money. If you do not have lot of savings, if you have not inherited money, and if you do not have any assets to sell to raise money, how can you start investing. In order to save money and in order to build your investment, you might have to continue to save for a long time, not 1-2 years but might have to save for for 5-10 years. Can you wait that long to build your desirable business? However, if you have heard about compounding interest, you might be able to build your saving faster. In order to do that you should start investing any amount you have and you should reinvest your return on your investment. [/QUOTE]
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