3. Savings. Some people save up for specific things like buying a better house, a better car, getting your kid into a better school among other things. Some people may just save for the sake of having money to pull for emergencies. I think emergency money and money I want to use into building a new home should be separate.
This is a good idea if a person buy this kind of properties keep it will really help them when ever their in needs of an emergency money they can just take anyone of them and sell easy to solve their problem, but not everybody has a plan to do all this kind of things when they have money till they have nothing they will later thinks.
4. Investment. Aside from our day jobs where we get most of our money to pay for our necessary expenses, we should invest in assets to make our money grow. This could be gold, real estate or cryptocurrencies.
Investment is the best way of achieving goal in life. Because the assets that we get today is what can stand for us tomorrow when we have nothing, and that’s why it’s good for us to invest in everything things that can bring more huge profits in future.