It is good to accumulate money, but do not forget to spend it sometimes, because why do you need money if you do not spend it.
I think people will not forget about that dude, because basically people prefer spending more than saving lol. even some people who actually spend more than saving? that is the wrong thing because it is including a waste, because I think for good financial management, the allocation of funds for saving must be greater than the allocation of funds to spend.. 
Topic: Wise thing to do with your savings. - page 85. (Read 8196 times)
savings? after we put our money into bitcoin, in order to save money, it means we have prepared for the long term. so we don't have to worry about what happened in the near future. we are just waiting for the 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?
I really do not think that is too surprising that a lot of people here will suggest to you that you invest in cryptocurrencies and while that is a predictable advice at the same time it is a very good advice, where you can get the profits that you can get in this market? Where you can get the profits that we can get in the timeframe in which we got them? So while there are safer investments if you really want to multiply your capital this is the market to be. 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?
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?
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 we should put 20% for saving and put 10% for investment. I think investing in cryptocurrency is profitable but its high risk too. In deposit account maybe more safe but its not profitable because inflation always high
this way is very good, but it would be nice money in gold or digital assets to buy, to invest. because with us invest our money in the form of goods, there is hope when we later need the money and we sell, we will get profit. of the money stored in the bank, better invested only.
well, I think that instead of saving our money, we should invest our money in other places such as bitcoin, ethereum, gold or real estate. By investing your money like that, you have a chance to multiply your balance to many times. Therefore, dont waste your money on bank, try to buy something or invest in something
You can save up some for the future and the other for the emergency funds or issues. The good thing about saving for the future with cryptocurrency is that if you hold up good coins as a future investment and no matter how low the price is, if they coins are worth it in the long run, one can make huge returns depending on the amount one is holding unlike the interest fiat currency can offer.
It is good that 20% of your earnings will be saved up for emergency fund because you don't know what will happen in the future. It is important to put effort in saving because it will help you a lot. It is advisable also to invest it because saving will only keep your money, however if you want to gain more while saving, you can do that. Even though it's risky, still the manner of taking this risk is a good attitude that you can also use so that in progress you can be able to achieve your goal in the future.
Saving is the best choice but do not save your money in banks because they cutting are involved and you will face with loss. In order to make best use of your savings you should invest in Bitcoin or other crypto coins but you should choose a valuable one. This is a very important decision and you should be aware of the market processes and should focus on your investment. That depends on how much is that 20% of yours if it's atleast a hundred grand then you decided to invest it to bitcoin then after a few years that investment may double or triple when comes to bitcoin it's always a win-win it might be a long hold but it's worth it unlike other altcoins that disappears after a few years.
The wisest thing one can do with one’s saving is to keep it in a bank that will give you return on your savings in long term or invest it in an asset that has a stable price chart and great future output. Keeping the money at home that you do not consume is not called the saving. This is rather an irrational behavior that makes you loss the money that can be earned if put in a bank. Normally, we make saving for the purpose of our future expenses. It can really give us many benefits not only for emergency but also in other unexpected things that will happen in the future. When we started to saved, its already a wise decision and thinking of the future is much more advantage.
That is the reality that we need in our life and that is to save for our future, and with that we should limit our expenses, if you are rich nothing to worry about and you are enjoying your life but if not, you can't do nothing but to save and to limit your expenses.
Normally, we make saving for the purpose of our future expenses. It can really give us many benefits not only for emergency but also in other unexpected things that will happen in the future. When we started to saved, its already a wise decision and thinking of the future is much more advantage.
In my experience, I use my savings as "emergency funds" where if only I have no choice and then there is something important to buy like necessities in home or I have to go to the grocery, I have no choice but to use my emergency fund but there is also an alloted money that is only for savings because I have a goal each year that I have to travel to another city from our country to explore and be a tourist.
It is good to accumulate money, but do not forget to spend it sometimes, because why do you need money if you do not spend it.
For me you can save money by self discipline. It is the most effective strategy to apply. Look if you have self discipline with you you can cast out the beer in the table, expensive foods in the restaurant, travel without any good purpose, give to others without the proper way to budget the money. Without discipline everything that yours will be not yours if your attitude is not good. Save money as long as you can and while money is there looking at you. Also treat yourself sometimes if you wants to reward yourself by doing so.
The good thing to do with your saving is to invest it or open a business,
I think it is the best thing to do so you could earn from your saving .
What I am usually doing is that I am saving first then just spreading the remaining to my expenses, I am not exceeding my expenses to what is only within the budget unless it is for emergency or for the school needs. As much as possible I want to save in fiat and in bitcoin and Eth. I think it is the best thing to do so you could earn from your saving .
I think it's best to have a nest egg worth three months of your salary, this will be used when you lose your job. Next is getting insurance, growing up and maturing it is good for you.
If you are looking for profit never invest in any insurance schemes as it is not at all profitable as an investment, there are other good investments in the market apart from that, when it comes to savings made in this market, i have already converted my initial capital along with profits a long time ago and the rest of the money in the market is being rolled into different coins and projects and i am keeping those for the long term, yet i have a couple of thousand dollars worth of coins used in the short term when ever i am free to ride the market. 
The good thing to do with your saving is to invest it or open a business,
I think it is the best thing to do so you could earn from your saving .
I think it is the best thing to do so you could earn from your saving .
It would be better if your money is invested rather than left alone. and if you're good at business maybe it's better, it all depends on yourself. if you are lazy to try to do business my advice is better invested.
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?
The best thing to do is just always save money either it was cryptocurrency or fiat because we never knew if bitcoins will still be existing in the future or not so you should always have something for your self.
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