Financial Advising

Julia Josefine Jangula

~About Saving~

* Saving is important because when you save your money, after awhile you could have a lot. Unless you spend it all.

*Investing your money is important as well because if you invest in something good, you could end up making even more money than you could by just saving up.


SAVINGS:
-- saving up helps the economy Grow.

--just by saving, you can reach Goals that you have.

--If you have $ saved, when a hard time comes, you will be secured.

--Savings can also help with retirement.



SAVING TIPS-

* Don't buy things you don't need.

* Keep a piggy- bank to help your money increase over time.


SAVING OPTIONS:

*Company retirement plans

*Social security

*Personal savings



*Investing*

2 tips on investing:

> Know where your money goes/ keep track of it.

> Spend less than you make.


AVAILABLE INVESTMENT OPTIONS (Safe ones)

~savings account

~fixed deposits

~government bonds

~PPF

~post office schemes



*risk- Potential loss.



*return-come or go back to.



*liquidity-the ease with which assets can be converted into cash.

By: Julia J.