18 Jun '11, 1pm

Do you know that sometimes, it's the money you didn’t spend that counts? Have a read @ #planning #finance

I bet most people bemoan not having enough money. Few people are ever in a position in which they claim that they have more than enough money and wouldn’t want more. That’s why so many of us want to invest. And indeed, investing will help to grow your wealth. Money that is invested is money which is working for you 24 hours a day, 7 days a week. In contrast, debts, whether from credit cards, car loans, renovations loans are all draining money from you constantly. Before you even start investing, clear your short terms debts first. And sometimes, the best way is to not even incur them in the first place, so very often, it’s the money that you didn’t spend that will form the base capital for your investments. We live in a materialistic society and it is almost impossible to keep away from spending. The key is moderation, and to be aware of your expenses so that you don’t spe...

Full article: http://www.cpf.gov.sg/imsavvy/blog_post.asp?postid=331818...

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