You can also get a second job. And by the way having a goal is crucial, because otherwise saving will be meaningless.
How do you say that having a goal is crucial and savings is meaningless. Having a goal will added to your willingness to save. This would help your patient. But it will become meaningless if theirs something happened and you need to pull out a money like emergencies.
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yeah better the deposit on bank or insurance. i think that's option for save he money
Insurance is not an option to save your money. With insurance you just spend some of your salary to it and you can directly cashout if one day you really need that money and you can't get all of it in 1 times. The pprocedure is to much when you want to cash it out
I think bank is the better option rather then insurance as insurance will pay you at the time of maturity. So what would you do in case of any emergencies. I think Fixed Deposit would be rather a better option as you can withdraw money whenever you want and bank doesn't charge for it.
If you dont know what you are going to do to save or to having insurance? Theres a company that required having an insurance mostly common is to have a life insurance so that if you are retired you can get a money every month or PENSION. Now every month your life insurance will be deducted to your salary every month and the left you can pay the bills or other payments or the rest you can now save.
But the payout of that insurance is a little bit low and you must invest first in their company to get it otherwise you wont get the pension, plus the regulation is to strict I dont think you can easily get your pension like that. And the payment fee is too much for now, I dont think its worth enough to put your money on that company