Post
Topic
Board Economics
Re: Wise thing to do with your savings.
by
potatocorner
on 30/05/2018, 15:32:24 UTC
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 suggest that if you want to invest in cryptocurrency, a separate money will be used there. It will be too risky to invest in crypto and if ever you tou will use your savings, I hope not, instead, use that for your emergency purposes. Having a separate money will be better so that without noticing the change, you will gain from it.