What I get asked a lot

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What I get asked a lot

Clarify why youre saving, set up a budget, and apply effective strategies to your savings. It’s a great way to apply a long term perspective to your money, while also learning from others mistakes.

How much money can you save? How often can you save it? Learn the most basic tips for saving money with the Money Smart app. Get the app by downloading the Money Smart for Mac or Money Smart for iOS.

We’ll help you set your budget by using the best budget app, then we’ll show you how to make your budget stick by showing you examples and actions to follow each week.

How much money can you save?

If you plan to save money in the future, consider using the Money Smart app as a way to apply that knowledge to your financial life, and to learn from others’ successes. It’s a great way to apply a long term perspective to your money, while also learning from others mistakes.

The free version of the Money Smart app includes a free seven day trial to get you started with the principles in The Dollar Planner, and you can upgrade to the full app at any time. Get Started

What about investing?

There are many different ways to invest in the stock market you can hold mutual funds, ETFs, index funds, exchange traded funds (ETFs) and even cash but the basic idea is the same. You buy shares in a company that’s growing and your shares grow in value. Over time, you expect your investments to grow in value too, which allows you to accumulate more shares of the company. Eventually you hope your investments grow in value enough that your money will grow in value too. Once your shares are worth more than what you paid, you can sell those shares to make a profit. This is a fundamental principle of investing.

The Money Smart app has been designed to help you understand this principle by providing a visual model that breaks the process down into bite size chunks, helping you understand each of the steps of the process.

The app provides a simple way to see the income generated by your investments in a number of different time periods. We hope you enjoy this app as much as we enjoyed designing it.

How it works

By using a chart and timeline, we’re able to show you your investments on a chart that updates automatically as your shares accumulate or lose value. We also help you visualize each step of the investing process and see where the income is generated as each investment is made.

By | 2020-06-29T15:28:01+00:00 March 19th, 2014|Drew Hayes, PCS Exclusive|1 Comment

About the Author:

Drew Hayes is the author of the web-serials Super Powereds and Corpies at DrewHayesNovels.com.

One Comment

  1. Cheyanne March 25, 2014 at 8:43 am

    Well said!

Comments are closed.

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