Ever since human decided money to become their trading assistance, the life of human is very often depends on the existence of money as their possession. Money has been taking a big part of human life. The very flexible usage of money as trading tool determines the state of human life of getting prosperity or not. One thing of human life that so often money is still unable to determine is the happiness. There is no guarantee that possessing a lot of money would guarantee that a person could live happily. (more…)

There are many choices that you can use as a place to save. One of the most popular savings for people is a savings in the bank.

The surplus, funds in the savings could be taken whenever you want. Its weakness, at this time, savings in the bank generally gives only a small interest.

In addition, you may also save money by buying gold. If you’re saving for USD 2000 per month, you may be able to buy a quantity of gold in accordance with the value of your money saving. At this time, many gold coins are available that can be purchased with the amount of a gram of it. (more…)

“I wanted to save money, but it seems I’m running out of money are continues. In addition, the children also have to buy shoes, and I also need to buy this or that …….”

The words mentioned above may be familiar, or perhaps your own experience: You want to be able to save money, but in practice, it’s hard to do. Do you belong to those who like that? You always run out of money at the end of the month so it cannot save?

Do not get discouraged. All the people are almost certainly experienced it. Saving, or investing on a regular basis, often done for various purposes. By taking your money on a regular basis, then the money collected can be very useful.

For example, someone who has revenue of USD 1000 per month, after a year only have USD 200 in the account. When asked why the amount of the account balance was only USD 200 after working for a year, he said that incomes often been used in a month so that he could not save. In fact, if he wanted to save as much as USD 100 per month, then at the end of the year he will have a balance amount of USD 1200, plus interest! (more…)

We have been raised with certain way of thinking that we need to save money for our better future. The more we keep our money the safer our life is. Then until one of great business from Hawaii publicly breaks up that mythology and simply reverses couples of old ideas. Stating that we should invest not save, makes the money works for us not work for money, and so on. Both are actually true, we still have to safe money; in case that our investment gone badly and we need to save more money for investing. (more…)

Have you ever wondered what money really was? What is behind its mystique? Well, it is not gold coins. It is not a basket of fish, or a truck load of bread. Money is an idea. It is an idea backed by confidence. Nothing more. Once we had to have gold as the standard of that confidence, but now there is enough confidence in the production of products that money was backed by the production of the country and land instead.

So what else is money? Money can be considered a negotiable receipt for deposited goods. How it once worked was that a goldsmith would accept somebody’s gold and give that person a receipt in exchange, which in turn became money. But then, one day, realizing the goldsmith’s repute was good with these receipts and that they had become negotiable, he loaned a receipt based on the gold someone else, as had deposited. Then the goldsmith loaned out several receipts on the same gold. And that is how banking started. (more…)