saving

What is the different between pension saving and life insurance?
Q. i plan to buy for my personal insurance but i have no idea which one i should go for. Is that everyone of us need to have saving insurance to make life be protected? My friend suggested me to go for the pension plan , but some of them they not agree why should i go for any insurance saving. I have a confusion now.
Asked by nothing ventured ,nothing gained - Tue Sep 30 15:49:17 2008 - - 1 Answers - 1 Comments

A. Insurance is generally used as a risk reduction tool. Life insurance is generally used to ensure that you meet your responsibilities to other people. If you have someone that depends on you to live, like a child, an old parent, you need insurance. If something happens to you, they will have some money for them to use. There are other ways insurance could be used. If you want a high return, insurance is not the way to go. Some suggests that getting "term" insurance and investing the difference. Pension plans are used to plan for your retirement. The money that you put here will generally have a higher return and you should be able to use it when you are already retired. This should replace your current income when you will not be… [cont.]
Answered by rookie - Wed Oct 1 10:42:42 2008

What is the best investment for saving money?
Q. Im trying to stop living check to check and im ready to save but my saving account is just to slow.
Asked by bigboyd65 - Fri Jan 5 08:48:41 2007 - - 4 Answers - 0 Comments

A. savings accounts are just one of the tools that you need to use. They are great for accumulating funds, but not much good for making money. I really do not know the best investment. I do know some good ones though. The investment that would be right for you would depend on the amount of risk you would like to assume. For many people a mutual fund or several different mutual funds are an excellent way to invest. There are thousands of different ones and hundreds of different types. One of my favorites is sold by Royce Funds. It is PENNX. They have a site on the internet where you can learn more about them. I believe they have a minimum investment of $2000. American funds does not have such a high minimum, only $250 but it does have… [cont.]
Answered by muncie birder - Fri Jan 5 09:15:32 2007

What are some tips for saving some money while planning a wedding?
Q. I'm trying to plan a wedding but am realizing that it is way more expensive than i realized. Does anyone have any tips on saving some $ while planning a nice wedding? Thanks!!!
Asked by 0984 - Sat May 19 19:39:47 2007 - - 20 Answers - 0 Comments

A. There is a great book out there called Bridal Bargins. It has tons of money saving tips and areas to watch out for. It even lets you know where you can negotiate the prices of items and services (something I didn't know you could do). Most libraries carry them but I got mine from Barnes and Noble. Congrats!
Answered by bieg - Sat May 19 19:47:26 2007