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Fred Schebesta writes for Savings Account Finder where he helps people save money and compare savings accounts.

When you are saving for a goal or to build up a financial buffer in the bank, it is not enough to simply open a high interest savings account and expect your savings to grow exponentially. Instead you need to develop and stick to certain savings strategies which will keep you on track and help you reach your goal, but before you think that this is all getting too complicated, the right savings strategies are easy to put in place, and even easier to stick to when you follow this advice.

Strategies for Long Term Saving

Everyone’s savings goal is different, but a long term savings goal is also very different to a short term goal . I

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When we get bored or stressed, some of us tend to head for the stores to look for something to do. Maybe we want a new book, a new CD, or a new movie. Maybe we want new clothes so we can jazz up our wardrobe. Maybe a new board or video game will do the trick. This quest for new stuff might alleviate the boredom or the stress for a while, but it can get expensive and lead to a lot of clutter in your house. The next time you feel the urge for something new, try going shopping in your own home, first.

What do I mean by shopping in your own home? Many of us (except the most disciplined of people) buy things that we never get around to using.

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A Mcdonald’s combo now costs $7 but it used to be less than $5. Then again, the McChicken sandwich used to cost $2.45 and it’s only a buck now.

Inflation is a phenomenon that most people hear about often. The media reminds us of it, our financial planners talk about it and if you need a play by play, just talk to grandma for the nickel Coca-Colas that they save their money to buy.

Inflation is real, inflation is scary and inflation will erode our purchasing power. But yet, inflation is exaggerated.

How So?

Don’t get me wrong. Our expenses do go up, but inflation is hardly the reason. We sp

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Saving for retirement is similar to saving for other things that you have similar investment options. Here is a run-down of the traditional investments and how they can work as a pension investment.

Stocks

Stock has the highest profit potential of all retirement investments tool, but also come with the highest potential risk. A larger investment in stocks is best early in your career where there is plenty of time before retirement to handle any downturns in the market.

Bonds

Serving as an investment tool, bonds offer a moderate profit as compared to shares, but they are not so risky at the same time.

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Investing in bonds is a good investing decision in the current market. There are several types of bonds to be considered. Bonds are available in the corporate market, the municipal market and the MBA Market or mortgage backed securities as well as others.

Bonds are available in almost any amount and with a direct account you can purchase this amount every month automatically. Bonds do require varying minimum purchase amounts depending on type. By investing in bonds you earn interest quicker than you could in a normal savings account.

Bonds are available at less than their face value but only with certain types.

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Summary: Ilyce Glink Show Notes – January 10, 2010 – Unemployment and Michelle Singletary. Today on the Ilyce Glink Show, we discussed the dismal unemployment numbers released by the department of labor last week. Another 85,000 jobs were lost, and in an even more surprising turn, some 660,000 Americans left the job force, obviously fed up by their inability to get a job. We discuss the unemployment numbers in today’s show. Award-winning, nationally-syndicated columnist Michelle Singletary joins us for a live discussion on personal finances and her new book, The Power To Prosper: 21 Days To Financial Freedom.

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