How To Invest In The Future
October 27th, 2009
A must attend learning session… Don’t miss this learning session.
No Non Sense Seminar
Archive
Posts Tagged ‘Manage Money’
Hierarchy of Needs and Spending
May 14th, 2009
I believe, before we attain financial freedom, we must manage our spending and save. And from our savings, we must learn to invest in low risk ventures and slowly build different streams of passive income.
One of the reasons why we can’t seem to save money is our mixed up spending priorities. I was blog hopping when I bumped into this post and find it enlightening.
Maslow’s Hierarchy of Needs Hierarchy of Financial Needs
Buffer Fund
May 7th, 2009
From our mom to our school teachers, and to banks and investment gurus, we always hear them preach about saving money. This is vital and important to our financial well being.
But are you aware that we must first have buffer fund before we even think of what to do with our money?
A buffer fund is the money you kept for crisis situations– like you lost your job or your business went bankrupt or you have a family emergency. Your buffer fund is part of your Savings but should be in a separate account. It has a cap and must be accessible in times of emergency.
How much should be our buffer fund?
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