Post
Topic
Board Economics
Re: Wise thing to do with your savings.
by
btcrut2017
on 16/09/2018, 08:26:15 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?

Savings is needed especially if you have already a family of your own. This your funds in times of troubles and emergencies. So for me saving your money is good but investing it is better in which you can earn higher  earning and secure your families future.