Post
Topic
Board Economics
Re: Wise thing to do with your savings.
by
Jessy Mediola
on 10/08/2018, 17:36:34 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?
Invest, invest, invest. That is the one way to make your savings save another. For example yoyr save half of your money, instead of putting it in your wallet, invest it so you might have interest on it that may double or triple your investments. But the problem is that you cannot easily get it when you need it. Unlike if your saving is in your hand.