Which method is more preferable money saving?...

By sri
@gamyam (574)
Hyderabad, India
October 24, 2015 8:00am CST
People are saving their money in many ways... Making Deposits in Banks, Buying shares, buying gold, silver etc., Actually which one is better for a common man to save his money?...
2 people like this
8 responses
@Samanthavv (1383)
• United States
24 Oct 15
I saved in many ways. We have a jar on the fridge that the kids save money in. My husband works a lot with the stick market and invests money through that.i have a savings that I am opening an account for very shortly.
1 person likes this
• United States
26 Oct 15
@sugartoes that is a really good idea! We are moving back to Alaska in April and I am doing my best to save up for that
@softbabe44 (5840)
• Vancouver, Washington
25 Oct 15
It's just the way some want to do that save money anyway you can.
1 person likes this
@sharon6345 (256983)
• United States
24 Oct 15
I have a savings account that I can't touch the cash for one year. The end of the year they mail me back my check with all my savings. So,far I saved $770 last year and it started this month and I already deposited $100 to that.
1 person likes this
• Philippines
24 Oct 15
If you have a bank, then find some investment offers from that bank and learn more about it. Study it. And invest carefully.
1 person likes this
@scheng1 (24688)
• Singapore
24 Oct 15
That depends on your knowledge. if you do not know anything about gold and silver investments, you better stay away. If you do not know about stock market, you have to stay away too. It is best that you keep the money in the bank, and read more books to learn about investment.
1 person likes this
@destry (2587)
• Kirkwall, Scotland
24 Oct 15
That all depends on the daily rate of purchase. Silver and gold varies as much as 10% each day, and bank interest rates also vary. It depends on the amount you wish to save and how long you want to lock it away. I am sure that no one here is more qualified than yourself to make decisions about your own finances, in your own country.
1 person likes this
@zarlamain (24209)
• United States
10 May 16
I have a certificate of deposit where I put my extra savings into and just accrue interest over the principle. I also have some silver investments and some company stocks.
@maezee (41048)
• United States
19 Jan 16
I like what I just started rather recently - I just put a certain percent of my paychecks into a savings account automatically, and then I don't touch it. I also put any online earnings in the same account. It adds up after a while. I'm too chicken to do stocks or anything that fluctuates! Best of luck to you in your savings!