Building wealth takes time and having an effective plan in place can ensure that the monies you save now, will be there later and in a sizable amount.
Free Money: Fact or Fiction?
Yes, you have heard it all: get free money. Well, little in life is truly free, but if you are wise about it you can save a little bit of money here and a little bit of money there and accumulate wealth. Have you shaken the money tree yet? If so, tell me where it is so that I can get my fair share. Seriously, if you want free money youll have to put a little effort out first. Lets examine some sources of free money just waiting for your hand out.
Understanding The Money Market
The money market is one of the safest financial markets available. It is commonly used by large corporations, financial institutions and governments to secure their money resources for a short period of time. They are often compared to the bond. They are secure investments that are specialized. The main difference, though, in a bond and a money market is that the money market is usually for a very short period of time, usually under a year. You may hear them referred to as ca…