According to an article provided by the FINRA Investor Education Foundation, saving and investing are overlapping yet distinct concepts that involve different processes. Saving is the act of putting aside money you earn or receive as a gift, while investing is what you do with those dollars, including choosing products and strategies to make that money grow.
If you have specific goals that will cost money—such as purchasing a car or a home, paying for college or building a secure retirement—accumulating assets and building wealth through saving and investing are the keys to achieving those goals. If you are trying to save and invest your hard earned money, having the right information and guidance can be a tremendous help. The websites below offer assistance in helping you reach your financial objectives.
Developed by the Investor Protection Trust, a non-profit organization devoted to investor education, this website provides objective and unbiased information that allows consumers to make informed investment decisions.
This website is provided by the Financial Industry Regulatory Authority (FINRA) and offers sections on assessing your net worth, calculating cash flow, setting objectives and goals and creating an emergency fund.
Feed the Pig provides quizzes, tools, tips and other resources that will help you think through your spending and saving habits, identify ways you can start saving and commit to making changes that will reduce your debt and grow your nest egg.
A personal finance website that attempts to inspire and teach different ways of saving money, Saving Advice offers financial articles, message forums, blogs, newsletters, calculators and various other investment tools.
Learn all the good and bad about online investing at the Investing Online Resource Center. Articles, tools, and forums can help you understand online investing.
Love Your Money is a website and online course designed to provide college students and young adults with the tools they need to manage their money, understand financial markets and save and invest wisely.
For further information please check the CCPL Money From A to Z homepage or stop by the Reference Desk on the 2nd floor of the library.