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Budgeting Your Investing

Posted by Ky Spector on

People have a tough time deciding how much they want to save and how much they should invest.

To most of you, when you hear the word "invest" you think of taking a risks. So, you worry if you're money is safe when it is "invested".

This may help you decide how much you should put in savings and how much you should invest.

 

-The general rule of thumb is to always take 20% of your income and invest it. -

 

I'm not really a huge believer in keeping too much cash in a savings account or anywhere where it isn't generating decent interest rates.

For those of you who disagree with me.

Here are The Top 3 Paying Savings Accounts for you to make some very easy and safe returns just for keeping you money in the bank.

Also, remember you should always keep enough Cash Reserve.

Finance

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