Monday, January 9, 2012

Savings and getting by

I opted this morn to align my pension fund contribution with the max allowable percentage for tax benefits (7.5% of salary) I thereby pay less tax, but more in Pension fund, so all in all I'm better off. Confusing, but true

I looked into ETFs last week and just realised, I'm moving out next week, and with all the extra expenses, my expendable income goes from 3000 to about 750.
I want to make lumpsum investments of 1000, as a way of saving money and getting a little pot for the future, but how do everyone save? I can hardly save with 3000 expendable, nevermind 750. I now start seeing the picture more clearly when it comes to the global economic problem. No on saves money and always get credit...

What a spiral...

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