Thursday, May 16, 2013

Manage (and Maximize) Your Money





You work hard to earn money, but is your money working for you? If you choose to do business with quality Naperville investment services, you can take control over your finances and enjoy a more stable financial life now, as well as a better, brighter financial future. When you combine the advice and encouragement you’ll get from Naperville investment services with a few simple strategies for saving money and maximizing income on your own, you’re likely to be more financially secure and successful than ever before.

One thing you can do, all on your own, is to give yourself less money to waste.  The second you get that paycheck, take a small percentage (anywhere from 10 to 20 percent) and automatically put it in savings. Depending on your bank, you may even be able to set it up so that a pre-defined percentage of all deposits or all payroll deposits goes into your savings account without you lifting a finger. You can let your savings account sit and gain interest or, better yet, you can use it for various investments under the guidance of your financial advisor.  This method is a particularly smart one for those who like to shop a little too much or who just have trouble saving money in general.

While building up your savings is important, getting those bills paid is even more vital. Once the bills are paid and other expenses are taken care of, however, use leftover money wisely. Instead of blowing additional funds on a fancy dinner out on the town or a trip to the mall, consider investing leftover funds and/or putting them in your savings account.

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