Do you save your online money?
- Thread starter rubesh
- Start date
I save my online money a lot but I had to spend a little from it a few months back because I needed something important and I was able to get it but if I did not have any savings, I will not be able to get it.
I save money offline and online. all my online earnings remain online till i have to transfer it back into my account. There is a policy in my country that has recently been enforced where you have to register has business and open a business account if you receive $1000 weekly so to avoid raising such flags i transfer my earning to my offline savings accounts on a regular so i don't have to transfer large amount of money since that will get my account frozen.
I save my money as a Fiat currency on binance then I save a little bit I can spend for the week in my bank account so that I will not have to be withdrawing from binance every time.
That's how I save
I think most banks also offers online activities. You will be allowed to perform your financial transactions online. In this part of the world, it's very common.
Yes, most bank have that too here, only use our smartphone and take a selfie and done. As simple as that. But again like i said before i have several account that i still use till right now. And i think i dont need another one for now but i dont now maybe later i'm gonna do it
I tend to do most of my savings through my online banking app and I keep all my savings in my bank account. I feel safer keeping any savings in my bank and dealing with it online rather than offline as I at least know it's safe in there rather than say out at home somewhere in my house. You never know when someone could break into your house or even come into your house who you trust and steal from your savings in your home.
Indeed, i always do that after receive my money through paypal, i will wait until i collect certain amount and after that i will transfer it to my bank account. Its save that way, and also very simple to do
In this part of the world there are some online Banks that does not have any kind of physical location. They have been operating for a while and many of them have been trusted by so many people. Their services are even faster.
I don't earn much doing online jobs. I just keep the money earned in my Paypal account. I sometimes use the money for shopping online. If the balance reaches US$120, I transfer the money to my bank account.
I don't save online because of high level of scammers and spammers. I have lost a huge sum before since then, I have become skeptical about online investment. Now, I only withdraw my fund once it enters cmy account. I don't want a story that touches the heart.
I would prefer to save the money I make online for better investment.
