Topic: Wise thing to do with your savings. - page 81. (Read 8196 times)
Most people just save their money in the banks but with that attitude you will not get anywhere in life. One needs to invest their money in other things that can fetch them more net aside from their normal jobs. They need at least two or three revenue streams in their lives.
It is quite unfortunate most people don’t know what to do with the little money they have accumulated. To me, I will first of all invest about 30% at any trusted bank or emergency fund so that I will be earning a little every month to top up with the one I have. I will prioritize my needs for living and deal with each accordingly. Thirdly, I will consider my means of transportation and get a brand new car to ease my transportation.
I would like to invest some of my savings in the crypto currency and bitcoin is good and profitable investment now a days if savings is good investment in the new ICO is also good.
I am not good in financing my money but I am asking myself first before buying something if do I really need this or not, if not then I won't buy it even if it is in sale or have a discount, I would rather save my money than having something that I don't need much and will just put in waste.
I will keep my emergency fund as it is since it was really alloted for that particular reason, and I will just save separately for investments fund.
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?
A good thing to remember when you have the money is that a sleeping money or a fund that is staying still is a money that is useless. I hope you keep that in mind. Now, if you wanna invest, I think that it would be much better to invest it in a time deposit account if you already have crypto investments just so that you can be sure that your emergency funds are safe from the volatility of this market and that when you need it, you won't have problems like the market is down etc.
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?
some do use 10% only but it depends on the discipline and the willingness to sacrifice for the long term goals. emergency funds are good but make sure that you are not earning shitcoins that are not profitable in long term.
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 another way in order to grow our savings is by investing it to crypto. You will have to buy high potential coins then hold and wait for the price to rise up. In this way you can earn a lot.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?
What i do in my savings right now is just to keep it till it grow even more where i can start my own business and have more income monthly or invest into new coins that has the potential to grow even more in the market within just a few months.
With the rest of the savings, you can do investments in different fields as per your skills and experience. If you want to get started with crypto, do proper research and study otherwise you will be just gambling your hard earned money.
Agree!.
That way, crypto can also give high profits, even the highest among other types of investment. However, related to investment in crypto, we also need to pay attention, risk factors that we will face at any time, lest we buy the wrong crypto. If we buy crypto from a poorly performing exchange, it is not impossible the crypto we invest in their exchange will actually decrease and may even be exhausted.
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?
Investing is the best thing to do.choose the right investment.aside from cryptocurrency may i suggest to start up busness in which you are good at it and has passion to do. You're enjoying and saving at the same time.while emergency fund has to be keep for unexpected purposes..
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?
just invest your extra money, do not use your funds for emergency, those kind of savings are intended for emergency only, we all know that investing in crypto is highly volatile and risky, it is recommended to invest only the amount you can afford to loose and definitely emergency funds are not included. investing in long term is different than saving money to sleep until such time you will need it, be wise.
Well there's a reason why it's called emergency fund though. If you're left without much option, it's something you can dig into. Basically for emergency purposes. You can't do that if it's under time deposit in a bank. Or if it's undervalued because of a volatile investment. Personally i'd rather maintain a certain amount as savings by itself.
I would like to invest some of my savings in the crypto currency and bitcoin is good and profitable investment now a days if savings is good investment in the new ICO is also good.
I am not good in financing my money but I am asking myself first before buying something if do I really need this or not, if not then I won't buy it even if it is in sale or have a discount, I would rather save my money than having something that I don't need much and will just put in waste. 
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?
You could (and probably should) put it into some form of a safer investment. There are a lot of stock options out on the market that allow for pretty continual growth albeit very slow. This would be better than just leaving your money in a risky investment or just letting it sit under a mattress somewhere because at least you collect some interest. As you keep making money, you'll end up with more in that emergency fund until it becomes something that you can actually work with in a few years/decades.
I think op wants something more safer. I suggest put it on insurance but don't pay in full just pay for installments so that what ever happened to you in the period of payment you still get the full money agreed upon by the company. Please choose an insurance company which is in the industry for a long time.
Saving money is totally different from investing money. You should save money and invest money you are ready to lose because investing money into something like in crypto is a big gamble. Luck and timing depends on whether you will gain big profits or lose bigtime.
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?
just invest your extra money, do not use your funds for emergency, those kind of savings are intended for emergency only, we all know that investing in crypto is highly volatile and risky, it is recommended to invest only the amount you can afford to loose and definitely emergency funds are not included. investing in long term is different than saving money to sleep until such time you will need it, be wise.
Well there's a reason why it's called emergency fund though. If you're left without much option, it's something you can dig into. Basically for emergency purposes. You can't do that if it's under time deposit in a bank. Or if it's undervalued because of a volatile investment. Personally i'd rather maintain a certain amount as savings by itself.
I would like to invest some of my savings in the crypto currency and bitcoin is good and profitable investment now a days if savings is good investment in the new ICO is also good.
You can put it in a bank or make an investment. Try to invest it on something that really help's you to increase your income. You can use it for business. Open a business if you can or if you want. But if you have business already i think just let it be safe. Because you can use it for your self or for your family if you already have.Just save it for a better life and for a better future. For me these are the two best things or options you can do to your savings. It's either put it in a bank or invest it.
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?
just invest your extra money, do not use your funds for emergency, those kind of savings are intended for emergency only, we all know that investing in crypto is highly volatile and risky, it is recommended to invest only the amount you can afford to loose and definitely emergency funds are not included. investing in long term is different than saving money to sleep until such time you will need it, be wise.
Stay on the limit when you are interested in investing. including in cryptocurrency. because there is a big risk when you've decided to invest here. do not lust with great results
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?
just invest your extra money, do not use your funds for emergency, those kind of savings are intended for emergency only, we all know that investing in crypto is highly volatile and risky, it is recommended to invest only the amount you can afford to loose and definitely emergency funds are not included. investing in long term is different than saving money to sleep until such time you will need it, be wise.
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