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Topic: Wise thing to do with your savings. (Read 8196 times)

full member
Activity: 504
Merit: 100
September 26, 2018, 07:12:31 PM
If you use it in the well being of your family it is always a wise thing to do with your savings. And look for a good investment and put some of you savings into it.
full member
Activity: 239
Merit: 100
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
September 26, 2018, 06:16:29 PM
I usually save money with a period of one year, then I take profit to invest in cryptocurrency. Maybe people think this is a bad decision but I think cryptocurrency will grow very strongly and I will be right with my investment choices.
member
Activity: 68
Merit: 10
September 26, 2018, 02:45:37 PM
I like to do reinvestment with most of my savings and do a little marketing with goods that's is dealing with electrical gadgets and others. Wouldn't like to spend all but save some for the future.
that's good for us if we use some of our reward from bounty campaign to investing in ico projects.for some months or years later we will enjoy its  result.
For hard times i think saving worths alot. save as much as in need you'll have something to pull out of your pocket in the matter of emergencies, just save it or put it in the bank. But if you are not afraid to take a risk and awared of the tendencies of losing profit, but still aiming to earn huge profit, go for investments such as cryptoinvestment or real estate but be sure that you are knowledgeable about that certain investment.
full member
Activity: 420
Merit: 110
September 26, 2018, 02:28:44 PM
It is very important to develop a healthy habit of savings so that you do not have to repent in future. You need to take out certain proportionate amount of savings for a secure and better future. The one who has cultivated a good habit of savings always have a privilege over the one who has not. SO what to do with your savings s to invest it into some profitable option so that it does not lie idle in your bank accounts. There are a hell lot of investment options available. All you need to do is a good research work and choose the best for you.
hero member
Activity: 994
Merit: 504
September 26, 2018, 01:50:45 PM
I see that many of you actually liked the concept of 20 % method wherein you allot 20% of your earnings to be saved as emergency fund.
So I was thinking, if that 20% allotted will be invested in a time deposit kind of account, will it still be possible to earn as much or invest it in cryptocurrency? Or maybe just let the money sleep until such time you will need it?
What will be a wise kove to do with the noney you have saved up?

Good choice. But for me, I don't have any savings at all. I am quite anxious if I have put my money aside without using it. I just put them to something and invest in so I could gain some more money with it.
full member
Activity: 448
Merit: 100
September 26, 2018, 01:32:14 PM
I see that many of you actually liked the concept of 20 % method wherein you allot 20% of your earnings to be saved as emergency fund.
So I was thinking, if that 20% allotted will be invested in a time deposit kind of account, will it still be possible to earn as much or invest it in cryptocurrency? Or maybe just let the money sleep until such time you will need it?
What will be a wise kove to do with the noney you have saved up?
I think that there are several rational solutions to these funds. Everyone makes his decision
full member
Activity: 233
Merit: 100
September 26, 2018, 08:37:21 AM
I see that many of you actually liked the concept of 20 % method wherein you allot 20% of your earnings to be saved as emergency fund.
So I was thinking, if that 20% allotted will be invested in a time deposit kind of account, will it still be possible to earn as much or invest it in cryptocurrency? Or maybe just let the money sleep until such time you will need it?
What will be a wise kove to do with the noney you have saved up?
Yes that's right. I think the wise thing to do with your savings is to spend it in emergency cases. When the time comes that there is a negative happen you have a money as backup so nothing to worry about.
jr. member
Activity: 182
Merit: 1
September 26, 2018, 04:39:46 AM
Best thing to do with your savings is to divert it into very profitable businesss. There are quite a number of profitable businesses around depending on where ever you find yourself. You can look for  a window of opportunity within your vicinity and channel yoir savings there as this could earn you more. However emergency funds as the name suggest should be kept as anything could come up.
full member
Activity: 658
Merit: 106
September 26, 2018, 04:25:04 AM
I like to do reinvestment with most of my savings and do a little marketing with goods that's is dealing with electrical gadgets and others. Wouldn't like to spend all but save some for the future.
that's good for us if we use some of our reward from bounty campaign to investing in ico projects.for some months or years later we will enjoy its  result.
hero member
Activity: 882
Merit: 500
September 26, 2018, 03:29:28 AM
we must be able to think wisely with our savings, because we don't know what will happen in the future, it's better to always have real savings for something emergency or for the future and not use all the money for crypto
The wise thing that could be done with your savings is to apportion it for multiple purposes like a portion for investment and the rest in your current account for ready use. It is good to invest in assets that can grow the value of your investment regardless of how low it is.

However, allocation of wealth is also done by keeping the profitability factor in mind and an asset that can give you maximum return is preferred over other assets. Bitcoin and ETH are great investments right now.
newbie
Activity: 5
Merit: 0
September 24, 2018, 05:02:45 PM
Another retirement account worth investing in is a Roth IRA, says Meaney. Contributions to this type of fund are taxed when they're made, so you can withdraw the contributions and earnings tax-free once you reach age 59 1/2. There's an income cap ($116,000 a year or less for individuals; $183,000 or less for married couples filing jointly), so they're particularly well-suited to younger people. "Typically, when you're starting off in the workforce, you have an income level that would not disqualify you from doing a Roth IRA, which is a very attractive retirement savings vehicle," explains Meaney.
newbie
Activity: 3
Merit: 0
September 24, 2018, 08:35:26 AM
I feel that the assets I set aside for the 20% crisis will be put resources into the crypto, I will get a few coins which I think have an awesome favorable position in the long and here and now, from which I will profit by my crisis subsidizes prior, this which I believe is best for the time being.
member
Activity: 270
Merit: 10
September 24, 2018, 05:38:19 AM
I like to do reinvestment with most of my savings and do a little marketing with goods that's is dealing with electrical gadgets and others. Wouldn't like to spend all but save some for the future.
jr. member
Activity: 386
Merit: 1
September 23, 2018, 10:12:02 AM
For myself, I still keep some of my money in savings, and partly for crypto investments. Crypto is good, but I leave some in the bank if there is an emergency need I find it easier to retrieve it.
member
Activity: 322
Merit: 10
September 23, 2018, 08:45:38 AM
I see that many of you actually liked the concept of 20 % method wherein you allot 20% of your earnings to be saved as emergency fund.
So I was thinking, if that 20% allotted will be invested in a time deposit kind of account, will it still be possible to earn as much or invest it in cryptocurrency? Or maybe just let the money sleep until such time you will need it?
What will be a wise kove to do with the noney you have saved up?

The best thing is to save up your money and start investing to business in order to get more income monthly depending on how your business works if you really know how to handle.
newbie
Activity: 22
Merit: 0
September 23, 2018, 08:32:36 AM
When we discuss just-in-case account, the cash ought to dependably be prepared in the midst of crisis so you shouldn't place it in a period store sort of record for you to have simple and prompt access to your assets. I don't propose for your crisis assets to be put resources into crypto either since its esteem is extremely unstable and you would prefer not to trade off your just-in-case account to lose its incentive after some time. You ought to distribute another level of you pay for you crypto ventures. Crisis assets ought to be anything but difficult to get to and constantly accessible for you in a bad position so you shouldn't put that cash into something that could defer you from getting to it when something earnest that requirements subsidizing.
sr. member
Activity: 588
Merit: 250
September 23, 2018, 07:17:04 AM
Saving our money itself is a wise thing to do.Our savings are like a backup which we can use during emergency.The wisest things that we can do with our savings is to use it in the case of necessity and we can also invest it in a good investment asset.By investing it we are somehow increasing it which is surely beneficial for us.
full member
Activity: 238
Merit: 100
September 23, 2018, 06:52:46 AM
According to me wise thing to do with savings is that invest them in a good way. It will help in longer run and will even increase the number of savings for the future. One should not waste whole savings by just spending them unnecessarily. Secure the savings nicely and wisely as they will only help you in the future.
full member
Activity: 406
Merit: 110
September 23, 2018, 04:45:38 AM
I see that many of you actually liked the concept of 20 % method wherein you allot 20% of your earnings to be saved as emergency fund.
So I was thinking, if that 20% allotted will be invested in a time deposit kind of account, will it still be possible to earn as much or invest it in cryptocurrency? Or maybe just let the money sleep until such time you will need it?
What will be a wise kove to do with the noney you have saved up?

One thing is for sure, letting the money "sleep" is the worst thing you can do.

Wake your money up and invest it into something more active like bitcoin or cryptocurrencies. The only way you're going to earn some is if you risk some. Just make sure you understand those risks and be prepared to either win and profit or lose it all.
full member
Activity: 756
Merit: 100
September 23, 2018, 04:30:22 AM
surely what I will do with my savings is to build a business for my family and my future. yes that is what I will do. investing is the best choice for me at this time. I'm sure you also agree

First of all, I would invest the money in BTC. The rest of the sum can be spread between Cardano, NEO, and some of the best new cheap altcoins like Credits, Gladius, Napoleon X, and EIDOO.
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