I save my money on the bank but sometimes I wonder if I am doing the right thing, bank is not totally safe. You can leave your money in the bank for 6 months and have the exact amount it will rather lose value, even the security aspect is not guaranteed. Unnecessary deductions and more. I would rather convert my money to a more stable currency over a period of time or even invest it.
I first save money on a normal saving account in banks, after some time when my saving grows, I move my money to high yield saving accounts such as fixed deposit saving account. While choosing fixed deposit account, I choose a bank where I can get maximum interest. I also try to go for longer duratiRead more
I first save money on a normal saving account in banks, after some time when my saving grows, I move my money to high yield saving accounts such as fixed deposit saving account. While choosing fixed deposit account, I choose a bank where I can get maximum interest. I also try to go for longer duration with my fixed deposit tenure for maximum returns
See lessI prefer to save my money in a savings account and then move my bills expenses to an external wallet I have access to all the time, I noticed that when you save money in a savings account you don't have access to it's easier to grow your savings. Keeping money in a wallet rarely helps because you haRead more
I prefer to save my money in a savings account and then move my bills expenses to an external wallet I have access to all the time, I noticed that when you save money in a savings account you don’t have access to it’s easier to grow your savings.
Keeping money in a wallet rarely helps because you have access to it at all times, another option to explore is automatic savings, I don’t know much about it though.
See lessTheir are several places to save money but I really perfect to save my money on cryptocurrency but it's important to note that investing in cryptocurrencies also carries risks, including price volatility, regulatory uncertainty, security vulnerabilities, and the potential for loss of capital. TherefRead more
Their are several places to save money but I really perfect to save my money on cryptocurrency but it’s important to note that investing in cryptocurrencies also carries risks, including price volatility, regulatory uncertainty, security vulnerabilities, and the potential for loss of capital. Therefore, it’s crucial to conduct thorough research, understand the risks involved, and only invest what you can afford to lose.
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