Post
Topic
Board Economics
Re: Wise thing to do with your savings.
by
cryptokia
on 23/08/2018, 11:30:21 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?
The wisest thing is to turn your passive into active, basically make money to work of you and bring you that income, more likely a passive income, but this depends on you.