Topic: Wise thing to do with your savings. - page 56. (Read 8220 times)
Best option is to invest in property. However, there are the type of questions you should be asking yourself before you dive in and invest in property.
If you have savings better to divide it to investment, bank or business. Don't put all your eggs in 1 basket. If your money will be put in time deposit account, the moment you need your money incase of emergency, you cannot withdraw that amount. If you want to do that, I suggest to deposit that in a short period of time only, but don't expect high interest in the bank. You can invest also in cryptocurrencies, there is higher risk but have big possibilities to earn much. Some of your money give it to your church you are serving, as what the scripture says "each of you should give what you have decided in your heart to give, not reluctantly or under compulsion, for God loves a cheerful giver (2 Corinthians 9:7). If you do that for sure God will double or triple your blessings.
Everything depends on the amount of your savings. If you have really much money, you can start your business or/and buy some real estate. With a smaller capital, you can invest in the crypto.
Ask two questions before using the savings :
1) What level of risk are you willing to take?
2) What happens if you need your money back quickly?
1) What level of risk are you willing to take?
2) What happens if you need your money back quickly?
The money that you have saved up for emergency funds will just hold on it there, for the times in need you can get it anytime., Try to allocate some portion of your money for investment and when you invest think wisely.
When you want to have savings for emergency funds then just keep on it so that when the times of in need you can get it anytime and separate another money for investment that you think can give good earnings so bette learned and study very well on where you want to put your money.
Maybe I will invest a few percent of my savings for a good business. It can be profitable for me and my future.
Yes it was very profitable now if you are going to invest in bitcoin. The savings that I already have, I will start a business. I need to balance my saving so that it will not be worthless. I will going to prioritize important things in my life first before My needs. I will never stop saving even i get those things that I want becauseI believe that it was good to have savings than to have nothing at all. 
I think if I have enough savings and I will it for investment I will try to look at the market where I can put my money that I think can earned wisely or maybe half of it I will put in crypto investment but I should study very well the project before I make an investment to them.
Maybe I will invest a few percent of my savings for a good business. It can be profitable for me and my future.
Well it is good idea to invest your money and start some good business than keeping your money uselessly, nothing will be more than bitcoin if you invest right now, price of bitcoin is much better than before so buy some bitcoin with your amount of money and save it for your future so it will make your profit even higher.
maybe what I can do with the savings I have will give my money to buy cryptocurrency like bitcoin for future savings because I see a very good potential in cryptocurrency.
What im going to do with it was continue saving and some of it, I will start to build my own house and buy a car. I will also continue investing for the preparation for the future of my children. i learned how to set aside now my wants to my meeds because the last time that I spent my money to my wants was become worthless. 
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 started to think about it now. I am going to invest half of my savings in crypto with the coins that have a future and half in bank. I just can't put all my savings into crypto because it is so risky. It would be possible that you will earn more with your investment in crypto but you should play safe with your savings by not putting it all in crypto. 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 usually put my savings in a bank hoping for an interest to grow my capital.But sad to say that banks normally gives you just a little amount of interest in a span of time.So upon hearing this cryptocurrency which I think is good for investment also,I was planning to put some of my savings into it.But with negative news coming out about hacking of billions of bitcoin, I had my second thought whether to go for it or not or maybe I'll just try see to it first that bitcoin is recovering before trying to invest.
That is also the right thing to do, investing in ICO and altcoins is a better mindset also, So much to do in crypto currency , If I have funds i would go invest it in some altcoins that has potential and hold it for a long term period.
Reading about the accumulation systems (20% and many others), I'm always a bit jealous of people for whom they fit. Personally, I can save money only in crypto and only those that I did not intend to spend initially.
I usually put my savings in a bank hoping for an interest to grow my capital.But sad to say that banks normally gives you just a little amount of interest in a span of time.So upon hearing this cryptocurrency which I think is good for investment also,I was planning to put some of my savings into it.But with negative news coming out about hacking of billions of bitcoin, I had my second thought whether to go for it or not or maybe I'll just try see to it first that bitcoin is recovering before trying to invest.
many people have their own way to get saving much money with good analysis, but i guess just using it in a few percent and then keep it until you see the nice move in it
We'll we have to save money not only for our future, but also for the benefit of our whole family, in our life right now, we don't know when emergency will come so it is really important for us to have at least separate fund for saving and for the future, we don't know what could happen next so we must be secured.
many people have their own way to get saving much money with good analysis, but i guess just using it in a few percent and then keep it until you see the nice move in it
Just buy bitcoin with it and Hodlll!!
Maybe I will invest a few percent of my savings for a good business. It can be profitable for me and my future.
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?
Emergency funds are not to be deposited in a time deposit account. Time deposit accounts have specific time before you can withdraw it and you can never tell when you are in need of it. Also it is not wise to invest emergency funds because you are doing away with the main purpose of such savings.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?
Maybe I will invest a few percent of my savings for a good business. It can be profitable for me and my future.
Well it is good idea to invest your money and start some good business than keeping your money uselessly, nothing will be more than bitcoin if you invest right now, price of bitcoin is much better than before so buy some bitcoin with your amount of money and save it for your future so it will make your profit even higher.
maybe what I can do with the savings I have will give my money to buy cryptocurrency like bitcoin for future savings because I see a very good potential in cryptocurrency.
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