Tuesday, May 25, 2010

Why You Should Put Ten Percent of Every Pay Rise into Investments

We all do it, don't we? Get a pay rise, and for the first month or two, it feels like we're doing okay. But soon, that extra cash is spent, and we're back to the cycle of not having enough money to make it through the month. The trick is to use that knowledge to your advantage, and set aside 10 percent of any pay rise you do get to make investments. Whether you open a savings account, invest in stocks or bonds or anything else, at least you will know that ten percent of that money is being put to good use.

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