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Funding a business
How to save money?
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[QUOTE="Corinthianus, post: 7944, member: 1400"] Ok so here's my simple advice. 1. Get a job. 2. Live simply. Make a budget then stick to it. 3. Save 80/20 of your income to start. If you're in the advance stage you can save as much as 70/30 or 50/50 if you live within your budget. 4. With what you have saved build up 6 months of emergency funds. 5. After the emergency fund and depending on your goals you can put the money into time deposits, stocks, bonds, or real estate. 6. Once you're secured financially. Get life insurance, med insurance etc. to insure your wealth. 7. Do this for 5 years straight. 8. Make enough money to generate passive income. Make your money work for you. 8. Once you have all this money saved go fulfill your purpose in life. [/QUOTE]
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