Thursday, November 25, 2010

Simple Saving Mathematics

It bet you, you don't need to learn complex mathematics concepts like Regression analysis, Statistics, Trigonometry and algorithms, to figure out mathematics of saving.  Often it is only addition.

Addition is taught in first grade and they know that 1 + 1 = 2.  If you earn 10 dollars then 1 should go to saving. Every time you save and it gets added.  There you have a saving.

If you chase for earning more and more money, then it is a never ending game.  And probably it is easier to earn more money.  Tough is figuring out how to chase for saving.  That is under our control.  If companies suddenly decide to layoff people then it is not under our control but saving money is definitely under our control.