A survey done by moneyTree.com and Young Entrepreneurs show that:
Every 6 kids that leave high school:
- 1/6 declare bankrupt
- 2/6 divorced due to financial incompatibility
- 1/2 fail to save for retirement
- 2/3 occur ongoing debt and finance changes
"A penny saved is a penny earned." -- Benjamin Franklin. Saving is no doubt important. But the problem is -- how well are you doing in it? How much should you save per month? How do you ensure you have enough funds to last you a lifetime? What is compound interest and how does interest relate to inflation?
This section will give you the answers to the above questions. The section will also help you learn more about what to look out when you are saving.
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