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You CAN still invest even if you are on a fixed income!
So you think you can not invest because you are on a low fixed income?
There may be a way that you could use to get you going in the right direction.
Many people do not understand how valuable a coupon is. First of all it is money that you will not pay income tax on.
Let's say you have a $2.00 coupon. In order to have that cash in your pocket you have to make more than $2.00 from your work.
If you are in the 25% income tax bracket it means that you would have to make $2.50 at work before you can take the $2.00 home.
If you belong to a coupon trading club you can exchange your coupons value for value,meaning that if you have a $1.00 coupon for dog food and do not have a dog you trade it at your club for a coupon of $1.00 for ..let's say the hair color brand that you use.
Plus if you buy your hair color only when it is on SALE you can see the potential of this money saving tip.There you already have your first dollar to invest. Was not too hard, was it?
I myself started a small club in my town and can't believe the money I am saving.
I put the money in a special piggy bank and I am surprised at how fast if fills up.
My club is growing and it is so much FUN ! I wish I had started it before. This trading club also works by mailing coupons to others for exchange. At the end of the year I will transfer all that money in my investment project.
Another proof that a person can invest on a fixed income.
About The Author:
Marie Svistunovs
Visit my website and make even more money to invest.
Click Here for Marie's Website
By Annette (Guest Post)
01/07/2006
Would like to invest.Do not know where to start.What questions to ask. Who can trust (see lots of scam type things on news).Know a financial person more than happy to assist at 6% interest or more. Watch Suze Orman weekly, have emailed her with no resilts yet. Understand there are investiment clubs somewhere. thanks Annette
By
08/11/2003
I also belong to a coupon group. We have 108 members. It is free. A lady in MI. sorts and distributes for us. We mail all our extra coupons to her, she has a list of coupons we want, she sorts and sends us what's on our list from the stockpile along with extras she thinks we might use. All we send her is 2 postage stamps to mail them back to us. I save between $50.00 to $100.00 a month at least, could save more but we don't eat processed, packaged foods such as Hamburger Helper, that kind of thing.
Anna in Ohio
By
08/06/2003
Marie,
Can you give us more information about how you started your coupon trading club? Where do you meet? What are the rules you follow? This sounds so interesting.
One of the ways I love to use my coupons is to combine them with a rebate item. There are a couple of stores in our area which sell several items each week for the cost of the rebate, making the item free (or the cost of postage). I feel like I get paid to buy a product if I use a coupon when purchasing the item, which makes it less than the $0.00 price after the rebate.
We, unfortunately, do not have any local stores which double coupons. Wish we did!
Thanks for the great idea.
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