How do you save your money?

[Frost]

It is mainly in the bank that I know most people save their money because they are the recognized financial institution where people open bank accounts to save their money and also carry out every other business activities.

 

[Kennysplash]

Banks is the best place to save money if you want to keep your money saved. But in my opinion, investment is the best way to manage money in order to make more money from it.

Investing money is truly the best way to go. But one has to be careful of these investments as some might turn out badly later.

 

[Streetcoder]

The very first thing I do after receiving my salary is to save 50 percent of it in a fixed account.

 

[Frost]

The very first thing I do after receiving my salary is to save 50 percent of it in a fixed account.

If you're saving 50% of your salary, it means either two things are obtainable.

1. You're earning a very big pay every month.
2. You don't have so much expenses to pay for.

 

[Sara]

Investing money is truly the best way to go. But one has to be careful of these investments as some might turn out badly later.

Rather to keep your money in the bank, I will invest it. One need to be careful on what they invest, I used to follow people that talks about the places you need to put your money and I've never heard any bad stories about it.

 

[Axel]

If you want to save your money, how do you usually save it? Do you keep it at home or save it in the bank? The way that I save my money is my investing it.

All the money I make are paid into my bank account. I decide how much of it I want to keep aside for as saving and the rest put to paying bills.

 

[Sara]

All the money I make are paid into my bank account. I decide how much of it I want to keep aside for as saving and the rest put to paying bills.

That's the best way to do it. You don't need to use all your money at once. Some are made to be save for future emergencies, spending all will leave one to be bankrupt.

 

[Axel]

That's the best way to do it. You don't need to use all your money at once. Some are made to be save for future emergencies, spending all will leave one to be bankrupt.

Saving money is very important because it helps me too increase my financial status over a period of time. I also get into investment because they are more concrete than just living the money in the bank.