Wise thing to do with your savings.

[pendekar cinta]

If my principle of investing in bitcoin or altcoin is still running because money can be increased when I am able to maximize the smallest opportunities available to make a profit so that's where the basic needs do not experience major obstacles in the future after I tried to invest in a relatively long period.

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[kenzruiz]

Though, emergency fund is very significant in an unexpected situations, you can put all the funds not in a time deposit bank account but you can rather put it all for an investment of cryptocurrency. Afterall, when the time comes that you really need the money, then you can withdraw your funds from your soft-wallet. At least, the profits you earned from your investment in cryptocurrency will grow faster and higher than putting all your money in time deposit.

To tell you honestly, I considered my online wallet as my emergency funds for example, unexpected expenses, sickness and other situations.

There are many things to do in your savings, in this generation we need to use it wisely.In this day many people spent too much money from nothing that is a bad habit. You need to think carefully, much better to invest money to earn profit other than spending, without benefits coming from it.Also you need to have give a time in financing for you to become wise.

[Visteryy]

That is how people should manage their finances, basically. Keeping all your earned money and savings in a bank account is just not that advisable since there are various kinds of investments available that could be committed into. Distribute your saving into different investment so they could grow individually.

There are lot of things to do with your savings, but of course if I were to ask I would require it for us to at least invest some in crypto, invest some in real estate and save some of it, it is important to maximize what we do have, don't wait for the moment for it to just vanish but you need to invest it wisely.

The first important thing is:
You have to earn it so that when you think of saving it in the bank, you can send money easily because you save some money in your pocket. Then, you should choose a bank with low interest rates. Followed by the financial investment channel only financial play to be profitable and more money.

[Kelvynn]

i ve alot of things to do with mine savings which includes investing in other sectors whicih will generate other income and will help me in raising the standard of living of myself and other related people.also i will try using mine savings for other business which will increase mine savings in very small time

[weblouartisan]

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 thing to do with your savings is to start your own business because in this way you can have a passive income that you can use for your daily needs in order to have a stable income.

[moanna123]

only to spend on your needs i mean those that are impossible to live without and the rest that will reamin to invest in a wise way and to invest in places that are sure.

[narukami]

I don't think that it is wise to follow any strict schemes. Wise thing is to adapt accordingly and efficiently, and to think by your own mind.

For me the wise thing to do with my savings is to invest it with bitcoin and ethereum because both bitcoin and ethereum wil really have a great future and i am sure that when i invest my money i can have a chance to be successful.

[goodman4hire]

When I get extra savings I allocate it into 1 of 4 categories.  Precious metals, Fiat, Crypto, land-collectables.  I try to stay as diverse as possible.  If one asset class crashes, the others usually pick up the slack.  I like the safety. 

[bilyboy]

Your 20% of earning can be more big by investing. Investing is so much interesting in terms of earning but it has bad effect sometimes. Investing is too risky that's why some people have invest their money has their skill in investing.

[christina30]

If you're trying to do savings well the first thing you do is to divide it properly of what's you want to invest but for me the first I save is for emergency money and for my kid future it's really important for me the rest is for investing Im going to invest some of it get more profit.

[ApocalypseNow]

Start planning about a business. There will be a time where you'll get old and you can't work as productive as when you are young so you better use your savings for a good busines. It will make you busy and also if you succeed, you'll just be having vacations every month.

[ValerieBTC]

It all depends on how easily you can risk your savings. Crypto enables them to multiply or completely lose, banks give the illusion of security and stability. You can always hide the cash in the mattress

As banks are giving us the security of money we put in to them, it is not still safe of bankruptcy which will put your money in danger too.  Why not invest it in a risky investment like bitcoin and expect a better return of investment most especially if bitcoin rises drastically.

In my opinion, not all the banks are prone to bankruptcy and we can choose a good bank with good banking services history and put the money in there but it is not bad to invest in Bitcoin either. Investment in Bitcoin gives you good quick profits much more than the interest earned on money if put in the bank. There are so many people who cashed stacks of dollars last year and the flow of funds to banks was considerably reduced.

[cryptojaani]

The first thing that you must do is save money when you get your income. You must earn it so that when you thought of saving it in the bank, you can deposit money easily because you save some money in your pocket. Then you should choose a bank that has a low interest. I mean, we all know that some other banks take 10% of your savings because they said that you are using their system so that you need to pay that. I recommend you must find a bank with no interests.

Saving is the only thing which you can use at the time of need and that it is no doubt very much necessary for you to make some good savings by avoiding all your unnecessary expenditures so that you can save some more money. There is no such need of wasting those savings, instead the best thing which can then help you out is that you can go for investing that money into any such business which can help you in making more money.

[Ladyechy]

The very good thing to do in your savings is half of your money, you invest in crypto, so you will profit from the investment and will increase your savings if the investment is successful.

[TanteStefana]

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?

Probably one of the wisest things that you can do with your savings is to force them to work, and not just to lay and shout at your home it is the mentality of a rich man. That his money is never laying without any business, and do not bring earnings.

[andylowe]

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 idea of allocating savings from  20% of your income is good.  But savings for emergency use or emergency fund is at least thrice our monthly expenses.  Beyond the computed emergency funds is  we can allocate it to investments.  Diversifying investment is the best thing to be done to ensure profit. We may invest in real estate,  stocks and crypto.  Depending on what degree of risk we are ready to take.

[zhanyiguai261315]

Save money and enjoy the law of saving money for life: 50-20-30 Distribution Law!
50% of the necessary living expenses!
20% financial reserves!
30% Lohas consumption!

[Gegege27]

For me the wise thing to do with your savings is simple just keep it and if the currency increase then deposit it or invest some of your savings

[hilawnasaging]

One of the wisest choice to do for your savings is investment. You may not see it quickly, but in due time you will reap the good ones. While saving some moneys for the future, you can take a little bit of your savings for investing it. You can either use it for business or for invest in crypto. The success of your investment will depend on you. At first you might fail, but the good thing is that you fail first instead of failing last. If you fail first, you can think of a solution for your current problem and at the same time you can think for future possibilities of errors, with that you have already think of a solution for future errors. And after a successful investment, now you can save a lot because of your high income.

[Predator25]

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.

Ofcourse to save it by simply holding it in your wallet. Wait for the right time that the price will rise up again as the market also do. I dont want to take risky investments although it is good and can double up my money. Im just afraid to lose my money because of scam.