Quote from: ImSyam09 on August 20, 2018, 02:43:31 AM

Quote from: Pumapipa on May 25, 2018, 05:03:52 AM

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?

if the money is an emergency money that you will save, it's better not to invest, because it will be difficult if you suddenly need the money, while the money is being invested.
I advise you to save the money, if you want to invest it is better to use other money, so you will be calm to invest it.

better to avoid using emergency fund as investment.separate the function of our money into several place make us able to manage it.for example for emergency fund, investment fund and for daily spend.