The Easiest Most Effective Saving Method

Written by Jeff


Continued from page 1
Now, what I recommend doing is stashingrepparttar money you saved each time in a safe place. So if you buy 4 pairs of shoes: $50, $30, $20, $30. That's a total of $130. If you'd have bought: $80, $70, $70, $80. That's a total of $300 saved. So when you buyrepparttar 112407 $50 pair of shoes, you stashrepparttar 112408 $30 saved. When you buyrepparttar 112409 $20 pair of shoes, you stashrepparttar 112410 $60 you saved. Then atrepparttar 112411 end ofrepparttar 112412 year you have $300 you would have spent in your pocket. No one said saving money had to be hard. The shoe example was just to show you one ofrepparttar 112413 ways to save. If you dorepparttar 112414 same thing withrepparttar 112415 clothes you buy, orrepparttar 112416 fast food you decided not to get, you'll end up with a lot of money in your pocket atrepparttar 112417 end ofrepparttar 112418 year.

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This article was written by Jeff Lieber, designer of mastainc.com. It is an investing web site with free articles, a free newsletter, e-books, and much more. Go to mastainc.com now. Email Jeff at masta@mastainc.com if you have reprinted this article.


Are mortgages a risky business?

Written by Jenny Barclay


Continued from page 1

Is a bank safe? There is also a common belief among lenders that their capital is safe. Inrepparttar absence of a government or similar state authority providing such a guarantee, this can be far fromrepparttar 112406 case. At university one ofrepparttar 112407 cases we studied, was that of a particular savings bank. A rumour went aroundrepparttar 112408 city thatrepparttar 112409 bank was in trouble. A great number of people went torepparttar 112410 bank to withdraw their savings. Those that representedrepparttar 112411 first few % ofrepparttar 112412 total deposit had no problem. Whenrepparttar 112413 percentage rose to 6%, which in this case wasrepparttar 112414 amount decided by “the owner ofrepparttar 112415 box”,repparttar 112416 rumour became fact in that there was no cash to pay out to depositors. As this was in a country in whichrepparttar 112417 owners of allrepparttar 112418 boxes were members of a club,repparttar 112419 aim of which was to protectrepparttar 112420 undeserved, but perceived, reputation of said members,repparttar 112421 members sent round security vans with sufficient cash to pay out all those who people who “had taken notice of an unfounded rumour.” Things quietened down after a while, andrepparttar 112422 government decided to introduce legislation to create a minimum liquidity level.

Another case we studied was that of one ofrepparttar 112423 world’s largest banks,repparttar 112424 board of which was mainly composed of greedy souls. They had decided thatrepparttar 112425 stock market was a good place to keeprepparttar 112426 liquidity margin, so that inrepparttar 112427 event of a bear market, they could create more profit forrepparttar 112428 shareholders. A sudden bear market wiped outrepparttar 112429 liquidity margin, andrepparttar 112430 bank came within a hair’s breadth of going belly up.

Oncerepparttar 112431 bank has reached a substantial size,repparttar 112432 liquidity should be sufficiently large to cater for all such panic withdrawals, unless of courserepparttar 112433 panic is as great as 1929.

Forrepparttar 112434 borrower it provides a necessary service, and apart from penal conditions imposed on borrowers, is a vital service to our society. Fromrepparttar 112435 investor’s point of view, it depends firstly onrepparttar 112436 mentality ofrepparttar 112437 treasury function withinrepparttar 112438 bank, and secondlyrepparttar 112439 legislation that governs their actions and accountancy practices. Fromrepparttar 112440 investor’s point of view, considering investing inrepparttar 112441 stock of such an organisation, it depends entirely on an analysis ofrepparttar 112442 bank’s net worth and profitability. Bothrepparttar 112443 examples mentioned above have since gone from strength to strength, and have since been bought for more billions that most of us can count.

© Jenny Barclay

Jenny Barclay majored in math. and economics, and obtained a masters in viability of banking institutions. She is currently studying Spanish in Andalucia, Spain. This article may be reproduced on websites subject to credit being given to the author, and a link to her website.

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