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Bank On Yourself - Four Tips to Start Saving More Money Now
1. Four Tips to Start Saving More Money Now
By Pamela Yellen
Author of Bank on Yourself: The Life-Changing Secret to
Protecting Your Financial Future (Vanguard Books)
5. Don't put money you can't
afford to lose into stocks, real
estate or other traditional
investments
6. Before investing,
ask yourself
if your money didn't grow
for 20 or more years,
or even went backwards,
could you live with that?
7. Saving Tip #2: You
Don't have to Pay
Down Debt before
Increasing Your
Savings
8. Often people think they must
pay down their credit card
balances and other debt,
before they can increase the
amount they save. But that's
not necessarily true
9. Saving Tip #3: Look
Beyond the Traditional
Saving and Investing
Methods
13. When you save up money in
this kind of specially
designed dividend-paying
whole life policy, you can
borrow your equity in the
policy and use it to make
needed major purchases
14. Your policy can continue
growing as though you never
touched a dime of it,
allowing you to enjoy more
of life's luxuries without the
guilt