Sky Eating Water
Active member
I save my money by setting a reminder schedule on my smartphone. I always track and record my expenses, and there is a certain amount that I will save each day.
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I could remember some years back when i have some money in my account i was not making use of at the moment,i have to put it into a fixed deposite account and the rest into treasure bills.I make my savings by making a deposit to my bank account.
It is a fixed deposit account, so I cannot withdraw the money till after a specified period of time.
Well savings comes in different ways though it depends on how much you earned. you can decide to save your money by investing in to any business of your choice which you know can earned you profit in the future.
saving your money would not gaurantee you success in life as a person, and it might not be a very good future plan as it would be counter productive as a person or individual.Saving money is important. However, you must also come up with a great investment plan that could help you to double your income in the future. You cannot rely on your day job all the time.
The inflation usually punishes those that rely on savings only.saving your money would not gaurantee you success in life as a person, and it might not be a very good future plan as it would be counter productive as a person or individual.
saving your money would not gaurantee you success in life as a person, and it might not be a very good future plan as it would be counter productive as a person or individual.
A majority of my savings is usually done in cryptocurrency stablecoins. There are so many things that I will I want to invest in but I am usually very scared and that is why I just prefer to save and earn interest .
I always make some budget for savings and investment. Trying to save 10% of my monthly income is actually a good idea. I also try to Invest some percentage.
I think the best decision to take during this kind of economic instability is to try as much as possible to increase some sources of income. It will extremely difficult for you to budget on some things when the rate of inflation is increasing.I have also created a fixed budget for myself. Inflation is increasing. Despite saving money on fuel, I am not able to save money on other items such as grocery products.
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