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FINANCIAL FREEDOM
Get Started Now! Be Smart About Your Money
We've all heard the phrase "You have to have money to make money." That simply isn't true! Here are some beginning steps toward meeting your financial goals. Before you know it, you'll be on your way!
Today
Open a mutual fund with as little as $100. Don't have it? Begin your nest egg by putting aside a few dollars every day (that's the cost of a cup of coffee).
This Week
Next payday, "pay" yourself. Save 10 percent of your paycheck for your own financial security — even before you pay other bills.
This Month
Round up some friends, start an investing club and make money fun! Get started by visiting the National Association of Investment Clubs at www.better-investing.org
Reduce ATM fees and become budget-conscious — Make one monthly withdrawal!
Cut back in your monthly expenses. Take the money you save and put it into your mutual fund.
Steps to Saving
Save your money in this order:
1: Participate in company retirement plans.
2: Pay off your credit cards.
3: Build up your cash reserves.
4: Once you have some cash built up, you're read to invest! Spread your investments throughout the nine asset classes. Own a little bit of everything all of the time.
For further reading on the subject visit:
http://www.allaboutmoney.ongoingprofit.com
http://www.freewebs.com/classifiedsavings
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