The best ways to save graduation money will vary on your immediate needs, financial income and family support. One thing that is very advisable is start using an Online Banking service so you can manage your funds in an efficient manner.
For those of you than can afford it, the funds you have received from graduation should be invested in some manner. This is true for both high school graduates and those that just received their degrees from college.
If the time you have before you will need all or a portion of your funds is short or long, the most reliable and guaranteed way to invest money is with certificates of deposit. It is true the CD rates at this time are not very attractive, but there is another reason for this type of investment.You have to place the money on deposit which you can not withdraw for a specified time. This will prevent the impulse buying sprees many of the younger generation have when they have acquired money they have not earned from working for an employer.
There are CDs that are available from 7 days to 10 years. Each one had a minimum deposit and a fixed rate of return that is guaranteed by the FDIC. If you just graduated from high school and have 3 months before you start your college experience, then a 3 month CD would be advisable. This will free up the money when you need it upon your moving to the new campus.
If you just graduated from college money market account might fit your need better. There are only 6 withdraws a month that are permitted without a penalty being assessed.
Either way you need to make the money hard to access so it will be saved and not impulsively spent on items you can live without. These are the best ways to save graduation money so it can be spent on what the givers of the funds intended it to be for.
We strive to bring you the latest and most accurate data possible from the home sites of the financial institutions we name. Always remember, the bigger the risk, the larger the reward or loss. Invest with caution.
For additional resources involving financial help, please view PNC Online Banking, best bank savings rates, Westpac Online Banking and Online Banks at http://onlinebanksblog.weebly.com
Article Source : http://www.onlinebanksblog.com/best-ways-to-save-graduation-money
Tuesday, May 17, 2011
You Already ARE Wealthy!
When you individually accept and express your true spiritual calling and align with it to contribute to the greatest good in our world, not only will you create wealth in your life, it will create wealth in your community and contribute to the transformation of our world. You see, when you accept and honor who you are, in your entirety, you more easily accept and embrace others. You begin to understand that everyone and everything is here to help you learn and grow through lessons. Without contrast these valuable lessons would not be available. As you accept yourself and others, your own consciousness increases, and that very act increases the consciousness of the world.
You are here for a very specific and important reason. You sense that don't you? You are here to remember that you are one with everyone and everything. You are here to experience the beauty of diversity and the contrast of wholeness. When you learn to accept all of the world's contrast-- you will experience the pure joy of oneness.
Does this excite you? Does it inspire you to create wealth in your life? Whatever you desire for yourself you desire for the world. Whatever you desire for the world, you desire for yourself! World wealth begins with individual wealth. As you increase your wealth you simultaneously increase the wealth of the world. Pretty exciting isn't it?
So what exactly is wealth... beyond green slips of paper? The word wealth is derived from the Old English word, weal; which means well-being. To create wealth in your life you must first define and create your own personal well-being. This well being is made up of your physical, emotional, mental and spiritual environments. The quickest way to increase your wealth is to know yourself in these four areas.
You must understand, on a deep level, who you are and what you most deeply value. You have a unique purpose here that is expressed through your personality and driven by your core values. Understanding your core values, life purpose and how it is expressed through your personality, will put you in alignment with your personal well being and rapidly increase your wealth!
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