Making and Saving money are some of the most important things you can do in life. Whether you like it or not, you need money to live and the quality of your life dramatically changes with money. But many of us in the world don’t have enough of it, so it seems. What do you call enough money? Many people in third world countries call “enough money” is when they can afford 3 meals a day and a roof over their head. In Australia, UK and other developed countries – enough money might be to get the holiday house, the fancy car or the ease of bills.

As a society it may pay to consider the above, do we need more money? what satisfaction will it give us? We live in a consumer society where money dominates, people associate happiness with more money or “more stuff” or “better stuff”.

We’re all pretty good as spending money, but saving it is a different deal. Here’s some handy advice on making money and keeping it.

Credit Cards

When was the last time you checked your credit card? have you compared it with the latest deals? chances are you have a card which is under performing. You can safely rely on your bank to *not tell you* if there is a new credit card with a better off that exists. So to save money, firstly start with your credit card – have a look at some balance transfer deals if you have outstanding credit card debt – visit a credit card comparison site to help you find the best credit cards.  Or a top frequent flyer credit cards if travel is your thing.

Savings Accounts

Someone wise once said “save 10%” of what you earn and you will gradually grow rich by putting your money to work. It’s easy to do these days, simply setup and automatic transfer of 10% of your income to a high interest online savings account. If 10% is a squeeze – try 5% to start with, anything is better than nothing.

Income Protection

Once you’ve got a good income, protect it. You can compare and find good income protection insurance online and it can save you lots of money if your income is lost.