Wise thing to do with your savings.

[Umar001]

The wise thing to do with your savings, is to invest part of saving into  a profitable business, thou never put  all your egg in  a single basket,always diversify your investment into different sector, e.g invest in bitcoin or others crytocurrency,   Save your income for investment.

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[Jannatul Shefa]

Savings is always a blessings for everyone in difficulties. So to rise up this savings I think everyone should invest it in a proper place . So that their savings got double or more and they get profit from it. Also they can use it when they need.

[nightways]

Wise things to do with savings is to invest, Money could easily lost if you mis managed it carefully, Specially now a days, all the stuffs in the market are increasing. Investment is good but make time to exert effort on how to deal that kind of investment because not all type of investment grows and run smoothly, make a wise choice before you decide...

Invest you savings. You can invest in any liquid and profitable asset. In my country, people invest in property businesses which are a profitable. You can also save your money in saving account in any bank. That way, your money will earn good time value and will not depreciate. Another good investment is investing in bonds issued by good companies nationally and internationally which give lucrative returns.

[ejandjm18]

Start saving on a regular basis using a Tax Free Savings Account (TFSA)
Plan for your retirement. Figure out how much money you will need to retire comfortably, and then start saving. This money also makes a great rainy day fund if you lose your job or suffer another unexpected financial setback.
Make sure you have enough insurance. Accidents happen. Natural disasters can easily cause thousands of dollars in damage to your home. Make sure you have enough insurance for the place you live and the lifestyle you lead.
Write a will and decide who will get your assets and/or take care of your children when you die.

[julius caesar]

I think the wisest way to do with my savings is to invest on bitcoin. In this way I could save my money while gaining from it.

We all have different perspective towards a successful saving tips, and I think I will be on the safer way how can I grow my own savings, and one of the best things that I know is to start up a business which you are very aware and knowledgeable regarding all the pathways that it was related since we cannot grow faster in something we didnt know yet right? And keep saving although you have save enough keep saving so if you will be in a certain point that you have some money to borrow you can used your own instead.

[Valzzz005]

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 most wise thing to do with your savings is do not spend it and add more of it because they are savinga they cannot be spend in such unimportant things like luxury because you save that in terms of for example there are a problem or an emergency that ypu need money immediately you have a savings and you have money to get. Savings is an important thing especially today they must be implemented to all kids because they always spend a lot these day always diversify your savings and invest them for a futhermore income.

[gurupauts]

it would be better to take some for savings and it's up to you whether you want to save in a bank in a deposit or save in a currency crypto in investment, the most important is you can benefit from your savings and you can take it for your needs

[agentx44]

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?

Well if your savings are big enough maybe you can divide it into two or allot a few money from it to invest so that it will increase but remember you can do it if you are willing to take the risk. If not, you can hold it or leave it as a savings or called it emergency savings so if ever you face such crisis you have a fund to back you up. We never know when that emergency will come.

[Cosbycoin]

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?

You could (and probably should) put it into some form of a safer investment. There are a lot of stock options out on the market that allow for pretty continual growth albeit very slow. This would be better than just leaving your money in a risky investment or just letting it sit under a mattress somewhere because at least you collect some interest. As you keep making money, you'll end up with more in that emergency fund until it becomes something that you can actually work with in a few years/decades.

Yeah, there is still a lot of uncertainty in the cryptocurrency world and if anyone is saving here now, it should not at all be all their savings or something they obviously will not afford to lose or simply panic about. Personally, I save 20% from whatever I get monthly, with 5% going into crypto and 15% going to the bank.

I believe that is good enough for me, as being greedy should not be a thing in this world and having sleepless night over how the market is as well. The 5% is huge and good enough, and for the long term benefit, it is just perfect.

[Kamote_1102]

For me, the wisest thing to do with your savings is to spend it for emergency needs.  You can also invest it so that your savings will grow. but make sure that you are sure where you will invest your money. and when you see your earnings, do not spend it to buy some things that you want, just use it to more important things.

[JeramiParan]

Investment in a trusted and safer project, by doing this you still have your savings and the same time you earn from it. All you have to do is do some research find the best project for your investment.

[GDragon]

It's good to think that your savings woud go in productive purposes but do you think your savings reach its true purposes to you? What I'm trying to say that your savings can be use in some other scenario like emergency or something. It is one of the most key to achieve being financial literate remember.

[Chooroz]

Of course the answer would highly depend on the ammount of savings that we are talking about, but the wise things to do with that are plenty

The wise thing to do with our savings is to invest it on the best cryptpcurrency and that is bitcoin and we can also invest our savings on some altcoins that have a very low price like investing it on ripple and tron, and it is also better if you will invest on great ico like the deal coin.

[sampalokmix]

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?

Its a matter of choice we dont have the same fate and future lives, discover on yourself, but of course it involves failures and risks whether we like it or not it's just how you are going to strive to become successful, if you know there is something you want to pursue then start up a business and for me spending all your money in unnecessary expenses is not a good habit try to budget everything that you need to buy and ehich is not needed.

[Takada90]

JUST don’t invest in some high-volatility centralized crypto projects like El Petro or other

[nahotachikwem]

By the word Saving, it means putting money aside, bit by bit. You usually save up to pay for something specific, like a holiday, a deposit on a home, or to cover any emergencies that might crop up. Therefore, everybody should do their best to build up an emergency savings fund.Your emergency fund means you have some financial security if something goes wrong.Now that you’ve got an emergency fund, it’s a good idea to save up at least 10% of your earnings each month (or as much as you can afford). Set yourself savings goals and put away enough to buy what you want. This could be a house deposit, or a trip.If you've settled your debts, don't have many other expenses, and thus find yourself in a position to save to invest, I highly recommend it. Saving for an investment property, in particular, can provide additional income by renting it out on a short- or long-term basis. Outside of an investment property, you should be saving to become your own boss — if that's something you aspire to be — and the type of business you want to pursue will dictate how much you'll need to save.
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[kkukkugaga]

In my opinion, it's wiser to invest your savings. Because saving itself, for example, putting your money in a piggy bank or any containers, it takes time before it increases. However if you have enough money, you can invest them. If you're not familiar or it's only your first time, then you can invest at least 5-10% of your income then save the rest on your piggy bank or whatever you call it. It is helpful especially when you knows how to handle money that much. Also, it will let you know the process of investment and techniques in order to gain what you really want.

[jaysabi]

In my opinion, it's wiser to invest your savings. Because saving itself, for example, putting your money in a piggy bank or any containers, it takes time before it increases. However if you have enough money, you can invest them. If you're not familiar or it's only your first time, then you can invest at least 5-10% of your income then save the rest on your piggy bank or whatever you call it. It is helpful especially when you knows how to handle money that much. Also, it will let you know the process of investment and techniques in order to gain what you really want.

Saving money slowly decreases wealth over time as money loses value due to inflation. On the other side, investment carries risk of loss of principal and no investment is truly "safe" from loss. Both of these things need to be understood in order to devise a savings and investment strategy that is right for a particular individual. Sitting on cash is the most conservative thing you can do as the only risk to the value is loss of wealth over time due to inflation, which is comparatively low. Even putting money in a savings account generally will not keep up with the inflation rate, so it only slightly lowers the loss of value while increasing the risk of loss due to investment activity (e.g., if the bank fails). More active investments can increase your wealth, but also carry much higher risks of loss due to failure of the business. There's no totally safe place to put money, anything you do or don't do with it invariably carries risk.

[Quraline]

I do not see the point to save money for the sake of accumulation, the money you need to save for some specific purchase.

[Cinemo]

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?

Wise thing that you can do on your savings is invest with cryptocurrency and technology in the right now is to invest it in your own site for the future. I think that the best for you can get a free trial today. I am aware that the world is a great mind right to the best sites on your own profit, the future of our currency road.