ArticlesBase.com - Free Articles Directory
Free Online Articles Directory
20.07.2008 Sign In Register Hello Guest
Email:
Password:
Remember Me 
forgot your password?


Managing Time and Saving Money

Author: Michael Bens Author Ranking Blue | Posted: 22-02-2006 | Comments: 0 | Views: 356 | Rating:  (50) Article Popularity - Green (?) Got a Question? Ask.
Sign Up Now!

Managing time is saving money. When we have control of our time, it makes our load easier, and our lives stronger. When we are achieving a financial limit, we need to understand the value of a dollar. If you are saving money to achieve a goal, it is always smart to store your funds in accounts that include interest on the dollar.

Some banks offer more interest rates than others do, so it pays to shop around. If you are investing in short-term goals and saving money for the occasion, you might want to open a different account. For example, if you intend to take a Holiday Vacation, you will save funds, but keep it separate from your business account. If you have a Mortgage Loan, you might want to review your terms & agreements, since some loans offer vacation packages. In addition, you might want to note that money market accounts and saving accounts are great for short-term goals, such as vacations.

By saving your money in accounts that include interest, it allows you to accumulate addition savings, and your ‘principal is secure.' If you are opening, accounts to save money for long or short-term goals, be sure the accounts do not have hidden fees, charges, or ‘penalties for early' withdrawals. Saving money is managing time, so if you are paying fees and charges, or penalties you are spending money and burning time.

No matter what you goals are, it takes money to obtain them. There are no exceptions to the rule. If you are saving for retirement, or to send your kid to college, it is wise to set a goal in the short-term range for one goal and a long-term for the other goal. For example if you are saving funds for college tuitions, you want to set a five-year term agreement with yourself, unless your child is going to college next year.

If you are saving for retirement this is a long-term agreement that you want to invest wisely. Remember times are constantly changing and prices are soaring, so calculate the increases in your time management scheme for the best turn around. This will help you save money and time. Be sure you know what you are getting into to reduce your risks if this is your lifestyle. If you investments are an opportunity to achieve long-term goals, then be sure that you realize that no investment is sound proof. Make sure you keep savings in an account that are not used for your investments, since you will need a backup plan when all else fails. Likewise, if you are investing your money in lottery tickets, you are wasting time.

Unless you are lucky, most people only win a few dollars, so do not include this in your time management scheme, because it will only bring you down once you realize you are wasting time and money. Time management is the process of making wise decisions to achieve goals and flexibility as well as saving money. When you create a good time management scheme, you are well on your way to success.

Rate this Article: Current: 0 / 5 stars - 0 vote(s).

Article Tags:

Article Source: http://www.articlesbase.com/advice-articles/managing-time-and-saving-money-16100.html

Print this Article Print article   Email to a Friend Send to friend   Publish this Article on your Website Publish this Article   Send Author Feedback Author feedback  
About the Author:
Authored by Michael Bens. Master the ability to manage your time, and succeed in life! Visit Gabae Time Management - The art of managing time.
Submitting articles has become one of the most popular means of generating quality backlinks and targeted traffic to your website. Join us today - It's Free!

Article Comments

Comment on this article Comment on this article
Your Name
Your Email:
Comment Body
Enter Validation Code: Captcha


Got a Question? Ask.

Ask the community a question about this article:

Q&A Powered by:
Powered by Yedda 

Latest Advice Articles

Sexy Teddies for a Feminine and Beautiful You
By: Amanda Cotterill | 20/07/2008
Wearing sexy teddies makes a women feel feminine and beautiful. Are you planning on a romantic dinner for two and then dessert at home?

Making a Decision is the First Critical Step to Success
By: Josef Mack | 19/07/2008
We all make many decisions every day. But when it comes to key aspects of our life we rarely make a decision, and when we do it is unlikely that we will follow through. Learn why its important to make a strong decision.

Positive Thoughts- Why Think Positively
By: Andy Smith | 19/07/2008
Hundreds of thousands of books must been written in all the languages about positive thinking? Every second book on self-development invariably has a chapter on positive thinking. Why? Why so much importance is being given to positive thinking? What are the reasons? Does positive thinking really help? Many people believe that by thinking positively nothing changes. They think that this is an invention of some fertile imaginations to sell more books and make money.

Personality Test - Do You Have Saintly Qualities
By: Andy Smith | 18/07/2008
What kind of a person are you? At the time of test, will you prove yourself a good person or fail? All of us think that we are good persons. But when it comes to crunch, not many pass the test. They change suddenly at that moment and become a different person.

Personality Test - are You Liked by Your Co-workers
By: Andy Smith | 18/07/2008
You must be aware of somebody in your office that is not liked by many of you. But that person is unaware of that. No body wants to tell him/her on their face about what they do not like in that person. Are you also one such person who is not liked by some co-workers? You do not believe that to be true at all. But why not try and make yourself more popular? Let us discuss how.

Pain of Living
By: Andy Smith | 18/07/2008
Pain. Immense pain. Sometimes unbearable, and sometimes incomprehensible. So many of us live life in pain. The pain of decision-making. The pain of thinking about life. The pain of keeping dead relationships alive. The pain of memories that haunt us. The pain of fear. The pain of getting up in the morning and the pain of sleepless nights.

Our Thoughts Determine our Destiny
By: Andy Smith | 18/07/2008
Most of what we experience in our lives is a result of our habitual thoughts. Focusing on something increases it in our lives in one way or another.

Of Morality and Integrity - a True Story
By: Andy Smith | 18/07/2008
Recently in India, a news appeared. The news was not shocking but must be given a second thought. A sex worker had not told her daughter about her profession and saved enough money to send her daughter for higher education to Australia. After daughter came to know the source of mother's income, the report says that the mother and daughter have come closer.

More from Michael Bens

Home Delivery Service for Convenience and Weight Loss
By: Michael Bens | 29/03/2006 | Fitness
Most of us have busy lives nowadays, and shopping and cooking may be low on the list. We are more inclined to just grab a bite to eat while going to and from work or kid's activities - an excellent way to pack on the pounds, especially when this becomes a

Losing Pregnancy Weight
By: Michael Bens | 29/03/2006 | Fitness
Losing weight after pregnancy presents a special type of problem. At no other time in a woman's life is she likely to gain as much weight in as short a period. And after having a baby, especially your first baby, life changes drastically.

Lose Weight by Eating for your Blood Type - Fad or Fact?
By: Michael Bens | 28/03/2006 | Fitness
Several years ago, a very interesting new idea with regard to weight loss became all the rage: eating for your blood type. This concept answered the age-old question of why not all eating plans work for all people.

Historical Approaches to Weight Loss and Healthy Eating
By: Michael Bens | 28/03/2006 | Fitness
Here are a few interesting facts: Today, we have made nutrition a science; we think that our experts know the secrets to healthy eating. A much wider variety of healthy foods are available to us today than ever before.

The Rule of Three - Easy Weight Loss like you won't believe!
By: Michael Bens | 27/03/2006 | Fitness
Here's a weight loss tip that you won't believe - but it really works! Instead of telling you to eat less, this one actually has you eating more. And what's more, it works! By adding three times the nutrients to everything that you snack on, this diet is

The Mediterranean Diet - Lose Weight without Sacrificing Taste!
By: Michael Bens | 26/03/2006 | Fitness
There's a popular book out right now that explores the reasons why ‘French women don't get fat'. It's certainly not for lack of eating delicious food! The same might be said for the Mediterranean diet - the traditional foods that are prepared and eaten ar

‘Mind over Matter' Weight Loss
By: Michael Bens | 26/03/2006 | Fitness
Never before have we had such a range of options available for weight loss - it can be downright confusing! What's more, many of us have tried many of the options out there - often more than once.

Weight Loss Surgery - A Last-Ditch Option that Saves Lives
By: Michael Bens | 24/03/2006 | Fitness
We hear about people having weight loss surgery - having their ‘stomach stapled', and so on - with a kind of horrified fascination. What could drive someone to do a thing like that?

Article Categories






Give Feedback

Sign up for our email newsletter

Receive updates, enter your email below