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?
Emergency fund should be just enough to pay all your costs to 3-6 months.
After you build your emergency fund, you can to diversify your portfolio in Stocks, Bonds and even small amounts in crypto, depending on your risk appetite.