Saving money, or the saving habit as Napoleon Hill put it so many years ago, is the foundation of all financial success, including investing. Having money saved is what provides the means for you to take advantage of situations, whether it's going back to college, starting a new business, or buying shares of stock when the market crashes. These saving money resources will provide a foundation and answer questions such as, "How much money should I be saving?" and "What is the difference between saving and investing?". You'll also learn the best places to save things like down payment money on a house.
Everyone knows they should be saving money and most people are smart enough to look for saving money tips. How many people actually know how much money they should be saving? Most people mistakenly believe that more money is better, less money is bad. Although that's true in a general sense, depending upon your needs, lifestyle preferences, and income, the amount of money you need to save and have available in the event of a disaster or golden opportunity could be very different from your friends, family, and neighbors. Continue reading