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 me The best things can you do is to invest your money. Expect the funds for the emergency because you dont know what will happens. Investing in bitcoin is a long term you have to wait the cost will be increment. Best to store your cash where you can use it physically you don't know when it can happen. Figure how you will save your cash wise and for the seek of all the individual from your family.
Rather than just putting our money in banks, its much better if we investing our money in several investment instrument. Cryptocurrency is one of many investment. Many investment we can choose like property or stocks. Investing our money in cryptocurrency is good too as long we keep it for long term.