If you have lots of money, would you spend it or save it?
May 6, 2007 12:52am CST
I would probably spend some and save more coz we really don't know what lies ahead. It is better to be prepared financially always.
6 May 07
I will spend most of the money on investment. Understand that risk always come together with investment, thus 70% on low risk investment and 20% on high risk investment, and the rest 10% will be reserved on emergency use.
6 May 07
I don't have lots of money but I have more than enough money. I do three things with my money - Spend, Save and Invest Spend ====== What's the use of money if I didn't spend to make my life comfortable? I don't mind spending few more bucks to make my life comfortable. If I like something, I buy it without much bargaining. If I like it then it's priceless for me :) Save ====== Agree with you on = we really don't know what lies ahead. So I save. I keep my bank balance in good shape :) Invest ======= Just saving all money is not much helpful. As time goes, the money looses it's REAL value. It's an economics. Some of you may not understand it. But keep in mind that you have to Invest part of your Saving to fight with inflation and to earn MORE. Yes, you can earn money if you invest your savings wisely.