How does money work for us?

[Starmix]

This might not easy for everyone to do, but at least we have to try so that someday, we will live happily. When we learn the best method to let money work for us, then, it is made sure that you and your family can live in comfort and a stable life and economy. Knowing this would also allow you and all to save big and invest more. To achieve all these things, we need to know how to make our money work for us. The following are the ways how to make our money work for us: learn to budget, get out of debt, create an emergency fund, and save and invest more. Let us be smart and wise when we are old, that is the time that money becomes part of you when you are always sick due to old age. So, t is very important to know how to make our money work for us.

 

[Salt]

To let our money work for us we need to learn about different invest schemes as with them we can use our money and earn passively

 

[Starmix]

We must learn to budget our money, debt-free, create an emergency fund, and save more-invest more. Yes, you are so right, we need to have many schemes in businesses or investments so that we can earn more and save more.

 

[Bisolami]

We have to invest our money which means that we have to tie our money down on different things.

To let our money work for us we need to learn about different invest schemes as with them we can use our money and earn passively

 

[Salt]

And its a risk because we will be without our money and that's why the yield rate should be more than our bank saving interest

 

[Bisolami]

And its a risk because we will be without our money and that's why the yield rate should be more than our bank saving interest

That is why it is not advisable to spend all your money on investment. Just save some.

 

[Starmix]

It's also important to apply 50, 30, 20 rule for there's a sure way to save money spend only what you need and may set aside your want. Saving is something.

 

[Bisolami]

It's also important to apply 50, 30, 20 rule for there's a sure way to save money spend only what you need and may set aside your want. Saving is something.

Even if it is little, we should just make sure that you save money
It will be getting much

 

[Starmix]

The rule states that we have to save 20 percent of our monthly income. So if my income monthly is 55,000 ( $1000 ), I have to save more or less 11,000 pesos or $220. We can make it, but why not as long as we have the drive?

 

[Bisolami]

That is true
The more you accumulate, the more you have so just keep saving

 

[Starmix]

Once we save, let us not keep on thinking about the exact amount we saved in the bank because temptation is so hot that you might withdraw a big amount and buy nonsense things.

 

[Bisolami]

Once we save, let us not keep on thinking about the exact amount we saved in the bank because temptation is so hot that you might withdraw a big amount and buy nonsense things.

This is true and that is why it is mostly good to save your money in a fixed deposit

 

[Starmix]

It is good to save and invest that is one way how money works for us. The profit we gained from the investment could be spent on another investment. Itis good to save, invest and invest more.

 

[Bisolami]

It is good to save and invest that is one way how money works for us. The profit we gained from the investment could be spent on another investment. Itis good to save, invest and invest more.

It is good for money to work for us instead of us stressing ourselves to work for money all the time.

 

[Salt]

Many don't save and invest all their savings and then there are others like me who save and don't invest and both conditions are not good for us

 

[Bisolami]

Many don't save and invest all their savings and then there are others like me who save and don't invest and both conditions are not good for us

Saving is good and investment is good but we should learn to go for the one that we are pleased with

 

[Starmix]

Those who do not save might have big reasons, they might have a small income and have a big family just enough for them . Saving I not part of their budgeting.

 

[Bisolami]

Those who do not save might have big reasons, they might have a small income and have a big family just enough for them . Saving I not part of their budgeting.

That is because the money they are making may not even be enough for them and their family members

 

[Salt]

Saving is good and investment is good but we should learn to go for the one that we are pleased with

This is why its important to learn about different investment plans/platforms through which we can invest and let our money work for us

 

[Inem]

When you have an investment where you only have to drop the money and you get your returns, your money is working for you. You don't have to go to the place you put your money and monitor how things are going.