Topic: Wise thing to do with your savings. - page 71. (Read 8220 times)
opportunity may comes few times in a life time so I would suggest to devote all your time in discovering something you want and make profit out of it same goes when funding a savings you must think wisely on how are things unfold when you invest your savings and lastly there must be a plan.
I think it's smarter to invest you money rather than let it sleep in a bank and earn 1% per annum at best. Crypto currencies and alotnof public stocks are readily available for you. Now making your savings grow from your salary is more of living within your means.
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?
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?
In my assessment, or as in my opinion it is much better for you to invest it in crypto currency if you know how to choose the right altcoins in
this field industry. But if you do not know how to check or knowing the potential coins much better for you not to do it. It is better you keep it as
a source fund to use it for emergency purposes, I guess?
in my opinion what to do with savings is put into a safe investment .. that even if the profit is very small your savings are safe and that you can get when you have emergency needs.
Savings are for our future if, our money runs out we still have savings. But if we have savings, use them well. Do not be crazy about cursing the important, unimportant items that you do not have to buy.
Do not mix between your savings and money for investment. I think the money saved must not be used for anything else, because it will be used when you are urgent or really need. Investment money must be differentiated from savings, because investment money has a risk and is used for a certain period of time (difficult to be taken suddenly).
Wise things to do with savings is to invest, Money could easily lost if you mis managed it carefully, Specially now a days, all the stuffs in the market are increasing. Investment is good but make time to exert effort on how to deal that kind of investment because not all type of investment grows and run smoothly, make a wise choice before you decide...
I agree, we have to be more careful nowadays interms of saving, Let us provide a safety first in ourselves before trusted to anyone's who is not personally known unto you. It is our responsibility to look over if it is good to invest. The decision is made by us.
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?
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?
Well for me, I prefer having my savings be saved rather than it will be used to invest. Though if I invest it I would have a chance to grow it but I prefer not to because there is no assurance that my investment will be successful or I will be down if it fail. So better save than use it as investments.
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?
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?
Well, as they say make the best out of it,and I think that's to diversify the money that you have save to different entity or way for it to grow, but take note risking is not same as throwing your money, it's about putting yourself between success and failure, you should know something or everything about where you are going to invest money, and don't pour everything to it, unless you have a great assurance to keep.
Well actually everything depends on the people. Whether they really want to save their money, and just left it there without doing anything, but some prefer to use their saving to earn extra money. Like for investing and such.
But for me myself, i prefer to set an amount of money as saving. The very emergency saving so i won't be panic if i don't have money but need it. And after the amount is fulfilled, the rest saving will be used for investment. So i can earn more money, without trying to mess with my other emergency saving. But buying stocks will be great, since i just need to spend money once, but i can gain profits regularly.
But for me myself, i prefer to set an amount of money as saving. The very emergency saving so i won't be panic if i don't have money but need it. And after the amount is fulfilled, the rest saving will be used for investment. So i can earn more money, without trying to mess with my other emergency saving. But buying stocks will be great, since i just need to spend money once, but i can gain profits regularly.
We always keep savings for the times of emergency needs but I think our savings should grow also and put this in an investment that we think can add for payment for some expenses in the house.
It is wise to make it grow but, I dont recommend to put all your savings in an investment, you should allocate some of your savings in emergency funds, who knows when you will need it ?. The reason why I suggest that is because investment can be dangerous , how sure are you that your savings will grow in an investment?, it requires time and patience to make it grow so if for example you need urgent money it will be very hard for you to liquidify your assets or your investment because in some scenario it is down . So better to have or allocate s atleast 20 percent to 30 to emergency fund
The good things to do is to hold our cryptocurrency that make it profit that our savings will make double our money in the few months our years.
We always keep savings for the times of emergency needs but I think our savings should grow also and put this in an investment that we think can add for payment for some expenses in the house.
The wise thing to do with your savings is to keep the half of your money in the bank and the other have invest in cryptocurrency either in bitcoin or ethereum and make them grow pr gain profits , so that it get bigger and bigger savings through bitcoin.
Absolutely! We should separate are 20% daily savings to reserved to a emergency needs in our family. And I think it is a big deal if it happened to a person because he is prepared of that situation, so I believed in that Idea is good to prevent some rushing yourself in something that you don't have in yourself. And if other think that it is not necessary to do maybe they are aware of it or something that believing in their plan.
Wise things to do with savings is to invest, Money could easily lost if you mis managed it carefully, Specially now a days, all the stuffs in the market are increasing. Investment is good but make time to exert effort on how to deal that kind of investment because not all type of investment grows and run smoothly, make a wise choice before you decide...
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?
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?
Conduct a business with it in order for you to grow more your money. Having a lot of money and thinking what could you do about it, well, the very wisest choice to do while spending out your money is either of investing it to do some business or buying crypto and then sell it. Money doesn't meant to save it for a longer of time it is meant to spend. If you aren't satisfied on conducting a business, investing or buying crypto well you could spend it by helping your family financially or other stranger people who are really in need.
Invest half of your savings and also save the half.... But if it is only you want to take a risk
you will do it.... After all if it successful it is worth it.... But always think that
whatever the result accept it.... Because saving is good but it will depends to you on what strategy you
will do to earn more and also to save more....
you will do it.... After all if it successful it is worth it.... But always think that
whatever the result accept it.... Because saving is good but it will depends to you on what strategy you
will do to earn more and also to save more....
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 actually invest rather than keeping or saving my money without any interest. Though cryptocurrency is risky, uncertain, volatile and may crash anytime it will still be profitable for a savings but choosing the right coin will make sense. I saved my money in cryptocurrency and it actually has good result and I can have it whenever I need it most. I don't put my money in banks because I don't have an account yet but I am also planning to try it soon.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 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?
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?
definetly in my own thought,i save some of my fiat money by creating another kind of local investment just like producing a hog raising into my backyard or making a small renting apartment,so that if theres something not really good into your cryptocurrency investment theres another another sources of income that you can count on when times of drought season.
Jump to: