Success for us

Saving money in a time like this is the worst thing you can do. If you take a look at stocks and investments nowadays, they arent doing too well, but if you take a look at global currencies, i can assure you thats they are doing much worse. Inflation also comes into play here... and well if you shove you money into a bank account and leave it there for 10 years, youll be luck to have made any relative profit. This is due to the fact, that in lay mans terms, to see if youre actually going to be making money or not, you must deduct the inflation rate of your currency form the interest the bank is giving you. This way you know that in the long run, if the interest rate is higher than the inflation, then you will be making money. Also When you get currency fluctuations, rate fluctuation etc.. it is easy to see that the best way to invest your money is not through banks, but through the market. If you trust your hard earned cash in the hands of a competent money manager, or broker... the returns might not be as high as a fixed aco****'s, but in the weeks and months to come, a global effort to reaffirm the market, and bring back a stable exchange would only push already stable investments through the roof. I have seen this happen many times over, and have profited form this, having worked for a stock broker for a year, and also having experienced the stock market in its full entirety. A little healthy advice would be to not get fooled by the insurgency of all these quick profit investments in the asian market. Although it is turning out to be quite a lucrative exchange, the hype will soon start to die down once the euro-american markets start to stabilize once more.

I do save when I have excess but presently savings is difficult for me.

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Everybody needs to save some money these days. I save 10% of everything I earn. Money won't fall from the sky. Money can be a difficult thing to handle,
especially if you don't have much of it.

Saving has literally gotten me nowhere. But frugal living should go two ways, either you save your cash from stupid spending or put in in some sensible investment. And I'm using investment loosely as anything that can turn into more money than what you started out with. Your money can't sit timidly, it needs to be put into something productive and lucrative.

I can't save money.. My income is just the right amount for my needs.. Hope I can find extra income..

I'm putting money back into Genius Funds and a few other small places, other than that I cant afford to save it.

I try to save any income that I can.

I usually put %25 of excess cash in my ING Savings account.

The other %75 I spread through advertising my blog, index funds, and an emergency fund.

too bad I can't manage to do that so far

Hopefully my financial could get better

Learning or disciplining yourself to save money is the FIRST important step in improving your financial profile.

The NEXT important step would be to LEARN how to invest some of your saved money in the stock market.

well if you think properly and spend wisely you can save money easily!!!

saving money is a must, do it by take at least 10% of your income to your saving account regularly.

30% is preferable. but 10% is good enough

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