What Kind of Saving Method Do You Mostly Use?

[Nomad]

Many people keep money in home safes, but that’s risky for two reasons, one, your money is prone to theft, and two, your money will not give you any return. However, saving in banks protects your money and also generates interest. However, banks are not the only way to save money, you can buy gold and save your money as precious metal. Or you can buy bonds and treasury bills. What kind of saving method do you mostly use?

 

[eLdavis]

At the moment, i am simply saving it in banks and online wallets, but am thinking of trying some of the methods you mentioned.

 

[kit_hung]

Keeping money at home is like leaving a door open at night. It can be stolen and it doesn’t yield anything. It’s better to find a way to protect and grow your money.

I prefer to keep it in a bank but I also look at options like gold and treasury bills. These add value and are not easily shaken. It’s a smart way to save.

Don’t be the type of person who just puts it under the mattress. The world is changing and money needs to be protected and developed. Choose a way that works for you but don’t just let your money sit idle.

 

[Starmix]

I only save my money in the bank. The rest were invested in stocks and mutual funds. I only invested a very small amount in crypto.

 

[Augusta]

Save automatically. Setting up automatic savings is the easiest and most effective way to save, and it puts extra cash out of sight and out of mind.

 

[Suba]

I only use a few bank accounts, primarily for transactions, and some to hold online income before investing. In my country, savings don't earn interest.

 

[Springtime]

I put some money in banks, also buy bonds and gold.