Southbourne Group Singapore, Tokyo Japan Investing or Saving: What to do | Page 2

of its value within a year. Buying a house can be a prime example for saving your money in real estate instead of
investing it.
With these things under your belt, you can acquire health insurance as your first line of defense in your portfolio. One
possible exception is contributing to a 401(k) plan at your company in order to get free money from your employer’s
matching contributions. That is on top of getting a large tax break for contributing to your retirement account. You also
have material bankruptcy safeguards for assets held within such an account against any non-payment or default on your
part.
Additional Info on Saving Money
Avail of more information on how you can start saving money by reading online materials for beginners on how to save
money. Get hold of resources, articles, essays, and lessons teaching you how to save money, how to invest money and how
to build your personal wealth. It may seem scary for now, but remember that even successful and rich people began by
earning money, living within their means, saving money and investing in ventures that brought interest, dividends or
rentals. You can be as good, if not better, than they are. It is all a matter of gaining the same knowledge and wisdom to
allow you to act as prudently in handling your money with discipline in order to reap a certain measure of success. In the
same way that they did their homework and applied the right principles of money management, saving your own money
can be as simple as adding 1 and 1 to get 2.