Frugal Personal Finance Management
The idea behind a long-term management strategy is to ensure that you have something to fall back on and have something for the future. A key approach to this is making changes now and in how you save. A regular savings program as early as possible, no matter how small the amount, will get you started and will increase gradually and then dramatically, accelerated by compound interest that grows month after month and year after year. When starting it’s best to plan your long-term savings as an isolated account, for it to be away from the …