Wise thing to do with your savings. - page 66.

Shutup

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Quote from: Pumapipa on May 25, 2018, 12:03:52 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?

For me my savings l used it to invest in a business so that l have a stable job for the future of my kids. I have to secure the future of my kids because l don't know what will happen in the future. I'm really thankful for bitcoin because in many things it helps me provide the needs of my family.

Faxmate

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Quote from: kkukkugaga on June 05, 2018, 09:50:00 AM

In my opinion, it's wiser to invest your savings. Because saving itself, for example, putting your money in a piggy bank or any containers, it takes time before it increases. However if you have enough money, you can invest them. If you're not familiar or it's only your first time, then you can invest at least 5-10% of your income then save the rest on your piggy bank or whatever you call it. It is helpful especially when you knows how to handle money that much. Also, it will let you know the process of investment and techniques in order to gain what you really want.

Well it is not wise to put your money in piggy bank because only children saves money like this, grown up people like you and me use to invest our money in bitcoin to save it for our future, the best thing about investing your saving is that your money will keep on increasing it will not remain the same for long time but it will rise day and night very high so you will earn high profit from it.

rmel0924

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Quote from: Pumapipa on May 25, 2018, 12:03:52 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?

That us quiet good idea. For me I will left also 20% as emergency fund, 10% for personal savings, 30% for investments and the rest for food and other exepenses. Sometimes if I got short with my money I will not put for personal savings but I will make it up whenever I have extra money.

cryptotenoy

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Quote from: Pumapipa on May 25, 2018, 12:03:52 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?

Savings can be split by half,the other half for investing at least i can gain profit as times goes by and the other will just let it set aside for emergency purposes.I don't want to compromise things incase if i need it.I need to separate my money that is allocated for emergency cases to make sure that i have something to use in such times.

NevejElad

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The wise thing to do with your savings is invest half of it to bitcoin investment, so that you can start rolling your money in bitcoin at the same time you can help bitcoin promote its coin to the different parts of the globe , because bitcoin is circulating in the internet and globally, and keep the other half on your bank for future use in case what would happen to your bitcoin investment.

nicpaig

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Quote from: Pumapipa on May 25, 2018, 12:03:52 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?

Investing your money can allowyou to grow it.If you want to save, invest then.

Vatimins

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Quote from: Pumapipa on May 25, 2018, 12:03:52 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?

You know what, I have tried and thought about a lot of ways to manage my funds on both fiat and crypto and the one I like the most is the one I use now. Okay, here is what I do; when I get profits, I reserve 30% to be converted into fiat and put into a bank, 15% to be placed in a well known crypto like bitcoin, ethereum, etc., and 15% on a new promising coin, and 30% will stay as it is, and then the remaining 10% would be converted into fiat and cashed out to buy things I need or want to reward myself. Hope this helps.

supercanada1

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Quote from: Godexists on June 01, 2018, 07:09:30 AM

for me the best thing to do with your savings i suggest put it in a bank or time deposit in bank.or you can also invest in a business so that your savings will grow or you can invest in crypto.

In order to put your savings in a right place you need to put your savings in the most preferred market which is a crypto market, and the most recommended coin is the Bitcoin. With your savings you can invest in Bitcoin in a low market so as to get the coins on low price and in large quantity which is the economical rule of the market. You will get benefit of investment even in the beginning and in end if you hold for long term.

Peashooter

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Quote from: Pumapipa on May 25, 2018, 12:03:52 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?

People can (probably should do it!) put some investment for the safety of their money. There is a lot of different market that people can invest off - they all just need to be knowledgeable enough where do they put their money off. It is more better to risk to something rather than to just keep your money in a box which no profitable things up. Just be wise enough to find a good investment. and I do think Bitcoin is one of them.

chikading2016

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Quote from: Cinemo on June 05, 2018, 01:56:32 PM

Quote from: Pumapipa on May 25, 2018, 12:03:52 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?

Wise thing that you can do on your savings is invest with cryptocurrency and technology in the right now is to invest it in your own site for the future. I think that the best for you can get a free trial today. I am aware that the world is a great mind right to the best sites on your own profit, the future of our currency road.

Yes i agree in that, investing it in crypto currency is really a good idea and we can really get a huge return on it if we are going to wait for the right price and in the right time to sell. I believe that if we are going to invest our savings it can become double on the near future, but we need to have patience because there are some situation that cryptocurrency goes dropping and some people do panic selling which can lead them to loss their investment.

Lucifers

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It's a good idea to save money and invest the rest. Investing in another profitable platform is a good decision. Invest as you can and think to be better and wiser to make a profit.

popoyuyun

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I keep the crypto currency for a better future because I believe the crypto currency will be useful when I want to use it.

Cinemo

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Quote from: Pumapipa on May 25, 2018, 12:03:52 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?

Wise thing that you can do on your savings is invest with cryptocurrency and technology in the right now is to invest it in your own site for the future. I think that the best for you can get a free trial today. I am aware that the world is a great mind right to the best sites on your own profit, the future of our currency road.

Quraline

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I do not see the point to save money for the sake of accumulation, the money you need to save for some specific purchase.

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Quote from: kkukkugaga on June 05, 2018, 09:50:00 AM

In my opinion, it's wiser to invest your savings. Because saving itself, for example, putting your money in a piggy bank or any containers, it takes time before it increases. However if you have enough money, you can invest them. If you're not familiar or it's only your first time, then you can invest at least 5-10% of your income then save the rest on your piggy bank or whatever you call it. It is helpful especially when you knows how to handle money that much. Also, it will let you know the process of investment and techniques in order to gain what you really want.

Saving money slowly decreases wealth over time as money loses value due to inflation. On the other side, investment carries risk of loss of principal and no investment is truly "safe" from loss. Both of these things need to be understood in order to devise a savings and investment strategy that is right for a particular individual. Sitting on cash is the most conservative thing you can do as the only risk to the value is loss of wealth over time due to inflation, which is comparatively low. Even putting money in a savings account generally will not keep up with the inflation rate, so it only slightly lowers the loss of value while increasing the risk of loss due to investment activity (e.g., if the bank fails). More active investments can increase your wealth, but also carry much higher risks of loss due to failure of the business. There's no totally safe place to put money, anything you do or don't do with it invariably carries risk.

kkukkugaga

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Hello World!

In my opinion, it's wiser to invest your savings. Because saving itself, for example, putting your money in a piggy bank or any containers, it takes time before it increases. However if you have enough money, you can invest them. If you're not familiar or it's only your first time, then you can invest at least 5-10% of your income then save the rest on your piggy bank or whatever you call it. It is helpful especially when you knows how to handle money that much. Also, it will let you know the process of investment and techniques in order to gain what you really want.

nahotachikwem

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By the word Saving, it means putting money aside, bit by bit. You usually save up to pay for something specific, like a holiday, a deposit on a home, or to cover any emergencies that might crop up. Therefore, everybody should do their best to build up an emergency savings fund.Your emergency fund means you have some financial security if something goes wrong.Now that you’ve got an emergency fund, it’s a good idea to save up at least 10% of your earnings each month (or as much as you can afford). Set yourself savings goals and put away enough to buy what you want. This could be a house deposit, or a trip.If you've settled your debts, don't have many other expenses, and thus find yourself in a position to save to invest, I highly recommend it. Saving for an investment property, in particular, can provide additional income by renting it out on a short- or long-term basis. Outside of an investment property, you should be saving to become your own boss — if that's something you aspire to be — and the type of business you want to pursue will dictate how much you'll need to save.
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Takada90

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JUST don’t invest in some high-volatility centralized crypto projects like El Petro or other

sampalokmix

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Investing in the future development of blockchain

Quote from: Pumapipa on May 25, 2018, 12:03:52 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?

Its a matter of choice we dont have the same fate and future lives, discover on yourself, but of course it involves failures and risks whether we like it or not it's just how you are going to strive to become successful, if you know there is something you want to pursue then start up a business and for me spending all your money in unnecessary expenses is not a good habit try to budget everything that you need to buy and ehich is not needed.

Chooroz

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Quote from: ov3rflow9x on June 04, 2018, 05:01:48 AM

Of course the answer would highly depend on the ammount of savings that we are talking about, but the wise things to do with that are plenty

The wise thing to do with our savings is to invest it on the best cryptpcurrency and that is bitcoin and we can also invest our savings on some altcoins that have a very low price like investing it on ripple and tron, and it is also better if you will invest on great ico like the deal coin.

Topic: Wise thing to do with your savings. - page 66. (Read 8220 times)