1]collect information on any 5 ways of saving money
2] 3 ways to invest money in a proper
investment scheme
Answers
Answer:
5 SIMPLE WAYS TO SAVE MONEY-
1) record your expenses.
2)budget for savings
3)find ways you can cut your spending
4)set saving goals
5)decide on your priorities
3 WAYS TO INVEST MONEY IN A PROPER INVESTMENT SCHEME-
•The three classes of investments are owning a business (stocks), money lending (bonds and loans), and real estate.-
1)Buying stocks is one of the most common ways people start investing.
2)Buying a home and renting it is one way you can break into the real estate market.
3)Loaning money with terms and interest, buying bonds, or funding a peer loan are ways you can get into money lending.
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Answer:
1)
Set savings Goals
Pay yourself first
Pack your lunch
Create an Interest - Bearing Account
Annualize your spending
2)
Bank fixed deposit (FD)
Senior Citizen's Saving Scheme (SCSS)
Debt mutual funds