Do you save your money

[Starmix]

I have savings almost 5 years savings, but in this pandemic , I have not resumed saving. My previous money earns interest though.

 

[funkie]

Do you people really save your money? Everyone has their own way of saving money for future purposes. So I would like to ask this where do you like to save your money to? Do you save in banks or at home?

Yes I like saving money for a rainy day. And I believe everyone does so, be it a small or large amount. I prefer to have my online earnings saved, if that makes sense. And since the money is earned online it is saved in my PayPal.

 

[Carson20t]

I save money in bonds,stocks and shares.I also have a pension scheme.With these am done with my savings portfolio and I feel safe because it is very satisfying to know you have a solid nest egg in the future.

 

[Hate2Wait]

I save money in Bank and I have plans to soon start with Mutual fund or stocks so I can think about multiplying my earnings

 

[Sanjeev]

I save money in the bank. I have taken mutual funds for which I pay yearly instalments. I am planning to buy a property by taking a loan from the bank. That is also a saving as the rent which will come from the property will be spent for taking care of the bank loan.

 

[Hate2Wait]

Do you invest in the Market on your own or taking the help of some broker? I would like to learn to and would like to invest a part of my savings

 

[Sanjeev]

Yes, I take the help of a broker. It is hard if you do it on your own. If you have leisure time you can do it on your own.

 

[Hate2Wait]

For that, we need to know the basics and how it works, some of my friends are doing it on their own so I will look for their help and learn from them before I can start on my own.

 

[uptrendfinancialsignal]

It is very good to save money because you're going to get high return from it at end of the day if invested.

 

[Starmix]

I have a mutual fund, but I withdrew my money because it did not yield a single cent. I confronted the manger and he told me that I have to always check my mutual fund to know the interest rate which is wrong. It is a mutual fund and not trading. I quarreled with the manager and reported him to head office and he was removed. We need to be very vigilant.

 

[Shavkat]

I struggled with random changes with my former company. I am glad that I have a new company now. Hoping that everything will be back again the way it used to be in saving money.

 

[freelancermaria]

I only put money in the bank. However, in the future, I would like to experiment with other options, such as stocks and mutual funds.

 

[Golden9]

I save money to invest it so I can earn more money to save again. The goal is to build wealth, so it has to be a cycle of both savings and investing till I reach my target.

 

[cherry123]

I have savings almost 5 years savings, but in this pandemic , I have not resumed saving. My previous money earns interest though.

Where do you do your money. is it just in the bank account?

 

[hastral45]

I don't save all my money o. I save only small part of it while I invest huge part of my money. In Nigeria, inflation would not encourage one to save money.

 

[averygirl]

I have savings in a cooperative here. It is not a bank. I plan to save this year my earnings online through my GCash account

 

[Starmix]

Where do you do your money. is it just in the bank account?

Yes, I save my money in the bank not that big this time due to crises. I separate my milk tea savings to other bank. I have 2 bank accounts. Saving isn't lucrative yet.

 

[saoussen5765]

Yes, I save my money in the bank not that big this time due to crises. I separate my milk tea savings to other bank. I have 2 bank accounts. Saving isn't lucrative yet.

Because monetary value is decreasing each year this means 100 $ of last year is worth 120 $ this year.

 

[riberet19]

yes indeed, I both save and invest an amount of my earnings both offline and online to reach my future goals

 

[Starmix]

yes indeed, I both save and invest an amount of my earnings both offline and online to reach my future goals

I invested some thru milk tea. franchising. It's a two month old business. I rented a small space in the mall in my place.