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?
Should I save or invest my money? Wondering whether you should save or invest? The answer depends on your goals and your financial situation. Setting up an emergency fund. Everybody should do their best to build up an emergency savings fund. Keep saving then use it for proper purposes, therefore you have money in case of emergency.