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dalton
Apprentice
Joined: 30 Jun 2004
Posts: 9
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 Posted: 04/30/08 - 07:26 Post subject: |
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Hello, Im about to accept an offer to work on weekends in company that makes clothes only to save some money. I also have a full-time job, but thats obviously not enough for me to buy a simple car with which I could go to work and to some places nearby. So, I have to make a plan of my savings. Could someone help me with this?
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constantia
Apprentice
Joined: 15 May 2007
Posts: 4
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| Posted: 05/30/08 - 00:55 Post subject: |
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| I could try to help you a bit. Since your regular job doesnt bring you any money to put aside, but is probably enough for your monthly expenditure, try saving a total salary of your part-time job. You could open a savings account and calculate your interest on basis of the interest rate of about 6-7 yearly, but make sure you included actually excluded tax and rate of inflation. Now you can calculate the approximate amount you could get. On the other hand, you could invest your money in something more profitable but in the same time it brings more risks, and it demands a bigger initial amount of money. Its buying shares. |
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