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?
You could and most likely should place it into some type of a more secure venture. There are a great deal of investment opportunities out available that take into consideration truly nonstop development yet moderate. This would be superior to simply leaving your cash in an unsafe venture or simply giving it a chance to sit under a sleeping pad some place on the grounds that at any rate you gather some premium. As you continue profiting, you'll wind up with additional in that just-in-case account until the point that it moves toward becoming something that you can really work with in a couple of years/decades.