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Author Topic: Wise thing to do with your savings.  (Read 7659 times)
maraclariss14
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July 05, 2018, 11:52:43 PM
 #1101

I comprehend that we have diverse routes on the best way to utilize our reserve funds or when we will going to spend to the degree that we won't lament our own particular activities. For my situation, despite everything I favor my reserve funds to be kept some place safe since I know beyond all doubt that I will require that later on. I additionally like contributing my cash to some crypto related business particularly in the event that I have the information and additional cash. For whatever length of time that I question in a specific thing, I would not keep doing that, then again in the event that I am sufficiently certain then I would let it all out.

It is a good mindset after all, creating some good decisions regarding your funds is really a good mindset because it will utilize your profits on that matter, also providing some alternatives route to support your incomes.

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July 06, 2018, 01:25:54 AM
 #1102

Sometimes it's hard to save because you want to spend it, so I suggest setting goals. Think of certain things that you want to buy, but might be a little out of your budget. That motivates one to save.
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July 06, 2018, 02:12:59 AM
 #1103

The first thing I will do is to invest some of my money by investing in bitcoin, it is my long-term assets. Then for some more to build a business. Residential business for now is very profitable.
Investing in cryptocurrency  be the wise thing, instead of spending the savings on useless things it would be more appropriate to invest in bitcoin or any of the altcoins, because cryptocurrency have fancy of chances getting the profit.
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July 06, 2018, 02:34:37 AM
 #1104

Emergency funds should never be invested in risky markets like cryptocurrency. For them, time deposits or mutual funds are best option. But if the investor wants to invest them in crypto then he/she should do some research and put his money in safe coins which has good tech and future success possibilities in long term.
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July 06, 2018, 03:04:11 AM
 #1105

If we rely too much on saving and hope the bank interest will not make our money increase, but there are things that can make money grow quickly with investment, many investment options such as stocks or cryptocurrencies are now popular.

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July 06, 2018, 04:43:31 AM
 #1106

The wisest for you to do in your savings is to invest in cryptocryptocurrency. In cryptocurrency investment is like saving while you are gaining profit on it if you are lucky enough.
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July 06, 2018, 03:28:36 PM
 #1107

The first thing I will do is to invest some of my money by investing in bitcoin, it is my long-term assets. Then for some more to build a business. Residential business for now is very profitable.

As I think, everything depends on the sum of your savings. If you have really much money, over 100 thousand, you can invest 70% in real estate or start your own business. The rest can be spent for the crypto.

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July 07, 2018, 08:36:50 AM
 #1108

The wise thing to do with your savings is to invest it eventhough investing is indeed risky. More opportunities to grow in money overtime rather than stashing it over a period of time and keeping it on other sidelines.
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July 07, 2018, 09:50:35 AM
 #1109

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?
I am doing that this way - 10% of every income goes to the church I go to, 10% is going to savings, another 10% is going to the investing capital. So this way I have something saved and also grow my capital.

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July 07, 2018, 11:01:01 AM
 #1110

Diversify. Thats the most important part. You need to know that in these types of markets anything could happen. I do not mean diversify in the sense that you should buy a lot of different coins. No I mean you should diversify the investments.

Buy different good coins, invest on gambling casino bankrolls (house edge likes you), get to working and find some ways to earn some of those coins. Trade some if you want, basically do many different types of stuff instead of just get something and stay like that until you retire.
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July 07, 2018, 11:48:12 AM
 #1111

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 best things can you do is to invest your money. Expect the funds for the emergency because you don’t know what will happens. Investing in bitcoin is a long term you have to wait the cost will be increment. Best to store your cash where you can use it physically you don't know when it can happen. Figure how you will save your cash wise and for the seek of all the individual from your family.
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July 07, 2018, 01:24:16 PM
 #1112

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 best things can you do is to invest your money. Expect the funds for the emergency because you don’t know what will happens. Investing in bitcoin is a long term you have to wait the cost will be increment. Best to store your cash where you can use it physically you don't know when it can happen. Figure how you will save your cash wise and for the seek of all the individual from your family.


I think the best thing that we can do on our extra money is to invest in cryptocurrency where we can earn the profit easily because among all the investment crypto is the most popular and many people already prove its worth.
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July 07, 2018, 01:32:54 PM
 #1113

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 best things can you do is to invest your money. Expect the funds for the emergency because you don’t know what will happens. Investing in bitcoin is a long term you have to wait the cost will be increment. Best to store your cash where you can use it physically you don't know when it can happen. Figure how you will save your cash wise and for the seek of all the individual from your family.


I think the best thing that we can do on our extra money is to invest in cryptocurrency where we can earn the profit easily because among all the investment crypto is the most popular and many people already prove its worth.
it would be better if the investment is divided into several portfolios. not just in cryptocurrency alone. we can place on property or commodity like gold and silver. by putting our money in some places will be safer, if something unexpected happens in one of our portfolio.

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July 07, 2018, 01:58:42 PM
 #1114

Invest in crypto especially in altcoins that are already in the aftermarkets or in the exchange. You could also check the coin if it is in the first 100 rank of coinmarketcap.com so as to get a good and establish crypto. I had a lot of coins there that i am eyeing to invest if only i had a lot of money or savings probably it is invested now crypto while market price is still low.

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July 07, 2018, 02:08:40 PM
 #1115

The wise thing to do with your savings is to invest it eventhough investing is indeed risky. More opportunities to grow in money overtime rather than stashing it over a period of time and keeping it on other sidelines.



Basically in tough economic times, it's often difficult to put away savings for when you'll need it. Many of us find ourselves living paycheck to paycheck, struggling to pay rising living expenses. Because emergencies like health problems and job loss can happen to anyone, many advise that a minimum savings goal should be roughly three-to-six months of living expenses. But you should know how to manage a very tight finances to save a little for the family. Do not buy unnecessary things that is not really important. Discipline yourself and keep away from unwanted expenses.
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July 07, 2018, 02:17:13 PM
 #1116

It depends on how quickly you need to use those savings. Some might be using it as a deposit for a house, so you shouldn't risk more than 25% of it on the crypto markets. If it's long term not-needed funds then go up to 75% on crypto exchanges

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July 07, 2018, 03:26:41 PM
 #1117

The wise thing to do with your savings is to invest it eventhough investing is indeed risky. More opportunities to grow in money overtime rather than stashing it over a period of time and keeping it on other sidelines.


Starting your own business is the best way to have more income monthly and to secure your own future even though, cryptocurrency might fail in the future, you will still be able to earn income monthly.

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July 07, 2018, 04:01:44 PM
 #1118

If you are a kind of a person who has a big doubt in the success of crypto currency due to the growing community of scammers, it is better to choose the time deposit, although it gives a low rate of return in the bank. This will give a peace of not thinking that your money is decaying in the market of crypto currency.

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July 07, 2018, 04:31:11 PM
 #1119

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 wise thing to do your savings is to use it some investment so that you can make more savings. Just allocate your money in all your need especially in emergency so that you can have money if there is emergency. However, do not put all your money on emergency and just use some amount of money from your savings to investing.

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July 07, 2018, 04:53:42 PM
 #1120

Every man saves his money in some way.It's very hard to save money.Today everything is about money, we are all aware of that.Most people keep their money in the bank.Many people can't save their money, it's very bad.

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