Sunday, August 31, 2008

Systematic Approach to Saving, Investing and Spending

IdeasMoney has an interesting post on Saving/Investing Regularly

It's a story about a guy who got a car ( worth almost 7 Lakhs) out of just 70,000 which he invested a decade ago and left with some good money too!!On the contrary lets look at a person who buys a car on EMI. he pays almost 15% as interest. By making money work for you tend to gain in the long run. But this requires tremendous patience and a systematic approach.

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