How and why save money?

The fact is money to be spent? Sure ... but not in its entirety!
Find out why it is better to save part of their income and how.

Why save?
First, the money saved can be used in emergencies. Even in France, with the coverage we have, it is better to create a small financial cushion "in case". Then, the money, if you place it in an intelligent way, can grow and create a second income, "passive". Finally, because if you look at your spending the last 3 months, you'll realize that more than one quarter were totally unnecessary.



How to save?
When you receive your salary, set aside the share that goes to taxes on income - to a special account. This money does not belong to you, then put it all aside, and if possible make it grow. Then hold MINIMUM 10% of your net income (excluding taxes). Do not start to pay bills or buy food ... the savings must be a priority. Then you just pay the bills, food, clothes and everything you need to maintain your lifestyle. If the rest of Largent at the end of the month, you drop it on the savings account. And you start again with the next pay.
If instead you are unable to finish the month, do not touch the savings! Tighten your belt, lower costs, find a second job ... it is better to hurt a few months that getting people n'épargent not.

Where to save?
Once you decide. A Book A pays 4% annual investment amounts to some 30% monthly ... you choose. Consider a simple example of 1% monthly, with a net income of 1500 € (taxes set aside):

January € 151.50
February € 304.52
March € 459.06
April € 615.15
May € 772.80
June € 932.03
July 1092.85 €
August € 1255.28
September € 1419.33
October 1585.03 €
November 1752.38 €
December 1921.40 €

Make it 18 years and already account for 1% annual € 1,600 per month (or your net income).
You decide then if you stop working and live your "rents" or if you invest the € 160,000 saved in something more important ...