Do you save your money or reinvest it?

[Chibson]

Savings is very crucial most especially if you have a family to run . You must also try to invest, both must not affect each other.

Yeah, having a saving is very important and necessary. But at the same time you should also have investments.

 

[Bisolami]

That's the way to go you save some and invest some. The two are good ways to utilise ones money

There are times that I save some and there are times that I invested some but it depends on if I need money at that time

 

[cherry123]

There are times that I save some and there are times that I invested some but it depends on if I need money at that time

Yesh it is to share it between the two . So you are on the right path

 

[averygirl]

This year I plan to save at least 500 pesos a month but I will use it in the end of the year to buy Christian merchandise. Most of the money I earn I reinvest again to my business. I need to buy bond papers and ink for my printing business. I need to buy educational materials for my tutorial business. I always think of spending most of my money to my ongoing business

 

[cherry123]

Whatever one can do to increase the income should be welcomed. The most important thing is that you are using it wisely.

 

[olaniyi]

I do both,I do save my profit and I do invest some depends on my need for the month after substracting all I need to survive the month then I reinvest the remaining

 

[eldavis]

I do both,I do save my profit and I do invest some depends on my need for the month after substracting all I need to survive the month then I reinvest the remaining

This is also the same thing I do. Whenever something comes my way, I usually save some then invest some in anything I can that I believe does not have much risk.

 

[cherry123]

it's good to save even as a business owner it's good to save your profit by reinvesting you can just substract important expenses and reinvest the remaining profit for more profit.

 

[Stardom22]

Fo instance l have not yet jumped fully in the investment industry, However when l decide to investing l would like reinvesting my profits or the returns on the investments for that matter.

 

[Ofonime]

reinvestment is the better option when you reinvest your money you get better roi it's better than keeping your money one place without an increase but when you reinvest your money it's keep increasing