Wise thing to do with your savings.

[rricksu]

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?

Yes! I am agree with this statement. As an addition to this, we should prioritize what we need than what we want for us to lessen the expenses.

[amiramakam]

you could invest in Bitcoin with your saving, in that way you can earn some profit from it. that is my advice, the choice is yours.

[btcrut2017]

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.

[zymoticmosis]

In 2013, a full 70% of college students graduated with debt, averaging $30,000 in student loans. Student loan debt in particular is often blamed for preventing young people from buying homes and growing their wealth, so the sooner you can start living debt-free, the better. If you have debt, it's usually in your best interest to pay more than your minimum payment, thereby reducing the length of your loan and the amount you pay in interest. If you aren't sure where to start, consider the advice from 13 real people who paid off thousands.

[Bitcoinbitcoin0909]

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 to do with your savings for me is to make sure that you don't get to spend it on full for investments. Always remember what its purpose is, to be used for emergency or for the future to secure your finances. Be smart with your investments if ever you will get some from your savings so that it wouldn't go to waste.

[BryanRoseWalker]

I divide savings for assets, I cannot expect prosperity only from the savings, I prioritize assets that are developing and active so that there are still profits that are well maintained and hope to grow more.

crypto taught me many things about assets and it is an obligation to see the various potentials that exist.

[SirLancelot]

we should all be aware that crypto might be very profitable but on the other hand it is not very easy to turn into cash in a very short time period. so keeping your money in crypto for emergency cases is not a very good choice i guess.
 

If you want to do justice with your savings then invest it somewhere so that you may continue to make some more money. This is good if you start with something have long term trusted store of value even if it is 20 percent then it is a good investment. In the current technological world we have Bitcoin and other few best coins for short term so it depends upon the amount of your savings.

[CharlieArtist]

Saving is the best things to do for our future. So, it is better than all of us has savings. If your salary is a monthly basis it is better to have a budget list. Listed the most important things you need on a daily basis. And have a saving from monthly salary, although isa small amount. If my saving becomes big I will invest it into cryptocurrency coin.

[Blinker123]

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?

My strategy with my savings now. I saved the 20% for my emergency funds, if i need money i have my emergency funds. The 80% of my savings i can invest it in crypto or play it (gambling). Because it is good to invest your money in gambling and also in cryptocurrency.

[BitTraderCute]

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?

My strategy with my savings now. I saved the 20% for my emergency funds, if i need money i have my emergency funds. The 80% of my savings i can invest it in crypto or play it (gambling). Because it is good to invest your money in gambling and also in cryptocurrency.

i am prefer using only 30 percents of my money into cryptomarket, and 20% again on forex market.and 50% left in my national currency.i am comfortable with this scheme.

[redsun114]

In my opinion, wise thing to do is to start up a small business and learn the art of investing. In times like these, interest rates on a bank savings account is very low, not to mention withholding taxes, very frustrating cause your money cant grow that big on a bank.

Start a business with your savings depends upon the amount of savings will start with either small scale business or large scale business is in benefit.

Do not waste your money in useless things and think about it for some time to invest it somewhere or in currency but the great idea is to invest in the crypto-currencies as we know that this is now the sight of investors due to the huge profit they can get from here.

[camric09]

In my opinion, wise thing to do is to start up a small business and learn the art of investing. In times like these, interest rates on a bank savings account is very low, not to mention withholding taxes, very frustrating cause your money cant grow that big on a bank.

Start a business with your savings depends upon the amount of savings will start with either small scale business or large scale business is in benefit.

Do not waste your money in useless things and think about it for some time to invest it somewhere or in currency but the great idea is to invest in the crypto-currencies as we know that this is now the sight of investors due to the huge profit they can get from here.

I agree, better to have a stable business, but before to do that we must have enough knowledge and funds to start a business and at the same time we can also use it for investments in crypto.

[arin_muah]

In my opinion, wise thing to do is to start up a small business and learn the art of investing. In times like these, interest rates on a bank savings account is very low, not to mention withholding taxes, very frustrating cause your money cant grow that big on a bank.

Start a business with your savings depends upon the amount of savings will start with either small scale business or large scale business is in benefit.

Do not waste your money in useless things and think about it for some time to invest it somewhere or in currency but the great idea is to invest in the crypto-currencies as we know that this is now the sight of investors due to the huge profit they can get from here.

I agree, better to have a stable business, but before to do that we must have enough knowledge and funds to start a business and at the same time we can also use it for investments in crypto.

start and build our own business is not easy.it is really need our hard work with smart think.and most sucessfully entrerpreneur through hard phase and even going bankrupt first.

[Pemburu dollar]

surely what I will do with my savings is to build a business for my family and my future. yes that is what I will do. investing is the best choice for me at this time. I'm sure you also agree

[ryzaadit]

Do not waste your money in useless things and think about it for some time to invest it somewhere or in currency but the great idea is to invest in the crypto-currencies as we know that this is now the sight of investors due to the huge profit they can get from here.

I have some plan, to be honest, i really don't like put all my money into a cryptocurrency. we need to manage the money with other business too, making a new startup business it's really important. Because at the market its not always a good day. sometimes will have some bad day. that's why we need manage the money properly into other investment not only crypto

[BitSat]

I will surely invest it to Bitcoin because I am pretty sure that Bitcoin is my only way enable to have a multiple money than investing it into banks. Save money into our future by investing in Bitcoins you have to be wiser in order to save for your future. I don't think it's a wise decision to use your emergency funds and put it on time deposit because the fact that you cannot get it out if the need arises in a short period of time as far as i know time deposit takes about a year or more to take it out and make profit.

[tambok]

surely what I will do with my savings is to build a business for my family and my future. yes that is what I will do. investing is the best choice for me at this time. I'm sure you also agree

That should be prioritize we should be able to have our savings for our business, we should be able to have it before investing a property and right now that is what on my mindset and that is to put up my own business as well, then put some investment in crypto world as it will really worth it to invest with it too in the future.

[Sum24]

In my opinion, wise thing to do is to start up a small business and learn the art of investing. In times like these, interest rates on a bank savings account is very low, not to mention withholding taxes, very frustrating cause your money cant grow that big on a bank.

Start a business with your savings depends upon the amount of savings will start with either small scale business or large scale business is in benefit.

Do not waste your money in useless things and think about it for some time to invest it somewhere or in currency but the great idea is to invest in the crypto-currencies as we know that this is now the sight of investors due to the huge profit they can get from here.

I agree, better to have a stable business, but before to do that we must have enough knowledge and funds to start a business and at the same time we can also use it for investments in crypto.

Starting good business for making your saving higher is for really a good idea because this way it will be easy to maintain your daily earning and you will get better profit as well, according to me it is good to invest your money, because it is good way of gaining profit, buy some bitcoin and hold them all for long term, trust me it will give you highest profit ever, you saving will remain useful for you till the end.

[enogheghase123]

on a personal note, i think any money in a savings account is a dormant and stagnant money, not properly utilized, with the current inflation rate, it will be unwise to save money over a long period of time, as the value of such money will depreciate with time, but when such money is invested into crypto currency, over time that amount will yield more money and interest.

[peacefulpeace]

invest such saving in a crypto currency project and see your return on investment flowing in like you never expected. Since its your spare money that you may not have immediate use for, then the best thing is to invest in crypto currency and bitcoin.