Savings

@allknowing (153544)
India
October 17, 2023 10:19pm CST
Earning, spendomg and saving they all should go hand in hand Just earning and not spending, or just saving and not spending and last but not the least earning, spending and not saving will land one in trouble. No matter how little one earns a part of it should be saved no matter how little it may be Drops make an ocean There are countless ways in which one can save. You need to just consult someone who knows it all. Do you save and where do you save? Image credit:
https://commons.wikimedia.org/wiki/File:Coins_lot.jpg
5 people like this
5 responses
@kareng (80243)
• United States
18 Oct 23
Mine sits in PayPal until needed for emergency.
2 people like this
@kareng (80243)
• United States
18 Oct 23
1 person likes this
@allknowing (153544)
• India
19 Oct 23
@kareng Savings is when money generates more money
1 person likes this
@allknowing (153544)
• India
18 Oct 23
Does paypal give you interest?
2 people like this
@Deepizzaguy (122067)
• Lake Charles, Louisiana
18 Oct 23
Any money that I make goes to the bank to assist my relatives pay their bills.
2 people like this
@allknowing (153544)
• India
18 Oct 23
If you save that will help your relatives more
2 people like this
@Deepizzaguy (122067)
• Lake Charles, Louisiana
18 Oct 23
@allknowing Thank you for the kind words.
1 person likes this
@jstory07 (148701)
• Roseburg, Oregon
18 Oct 23
I save all of my coins and save money by buying needed items with the gift cards that I earn online.
1 person likes this
@allknowing (153544)
• India
18 Oct 23
When I save is when your capital increases in value. Here we have many schemes
1 person likes this
@porwest (112717)
• United States
16 Jan 24
The key for me is to earn as much as you can, live frugal and keep as much as you can, save and invest as much as you can, and spend the proceeds more than the principal.
@allknowing (153544)
• India
17 Jan 24
Way to go
1 person likes this
@Beestring (15373)
• Hong Kong
18 Oct 23
Yes, I do save. I put a portion of my earnings in my savings account every month.
1 person likes this
@allknowing (153544)
• India
18 Oct 23
Does it attract interest?
1 person likes this
@allknowing (153544)
• India
18 Oct 23
@Beestring We too have bank deposits fixed and cumulative.
1 person likes this
@Beestring (15373)
• Hong Kong
18 Oct 23
@allknowing Yes, interest for savings, in particular fixed deposits, is actually quite good these days. As HK dollar is pegged to USD, US raised interest rate recently.
1 person likes this