We all want to have some sort of safety net. We all want to know we will be protected. The trouble lies in how we get this protection. Some choose an emergency fund. Some prefer risky stock market options. Some prefer to make solid investments with Laidlaw and Company.
In keeping with those who wish to work with Laidlaw and Oompany, let’s investigate some suggestions on how your investments can work for you, not against you.
1)Begin by setting aside a small portion of your money each week, even if it’s just 5 bucks. Please try and take the initiative with this. Many people say they will “try” to do this. When push comes to shove, most don’t even begin their savings until it’s too late. Please don’t become one of these people.
2)If you leave your savings where it’s at, than it will work for you. Every time you take some money out, there are two things that happens. 1) You lose your total interest that has begun to accumulate. 2) You lose part of your savings, most of which you will never get back, There are a lot of people who always say they will “put the money back in”. However, most find an excuse to go the other way. It’s up to you to make the right choice.
3)The interest you accrue from your initial investments, this you can use to your advantage too. You can take all this interest and reinvest it into something even bigger. How cool is that!
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