Where do you save your money?

[Trojan8]

I usually save money with banks and sometime I use registered savings platforms. Lately I have been toying with the idea of saving in crypto. It seems like a better option since your money can without you doing anything. Coupled with the fact that local currencies are unstable, I feel

 

[Kinglegend01]

Presently I dont do much saving mostly because I never seem to have enough and because i am not a big fan of saving money I definitely prefer investing mu money if I can get enough though. Although I would save a little amount in the bank for emergencies.

 

[KvngMurphy]

Crypto savings all the way

 

[arrain3786]

If you're able to put away a bigger chunk of money, you'll earn more interest. Save $1,000 for a year at 0.01% APY, and you'll end up with $1,000.10. If you put the same $1,000 in a high-yield savings account, you could earn about $5 after a year.
Take advance of bank bonuses. ...
Consider certificates of deposits.
Build a CD ladder. ...
Switch to high-interest savings account. ...
Consider a rewards checking account

 

[Josephjossy]

I save some of my money I'm the bank and I save some in crypto currency. I save some in Bitcoin and some in ethereum and litecoin. I trade with the ones I save in crypto so I can make more money than just keeping in the bank.

 

[KvngMurphy]

Well for me, I do my regular savings in my Crypto currency wallets and I prefer it far more tha. Saving in any local bank due to their hardened policies that doesn't favour the masses. Sometimes last year while I saved funds with a local bank here in Nigeria, I was played dirty and my efforts were wasted at some point until I started my savings in crypto and I don't feel any regrets about taking the bike step.

 

[Sana Diyar]

A savings account at your local bank or credit union is typically the most convenient place to save money. If you need to make a deposit or withdrawal, you can pop into a local branch or visit the ATM. ​

 

[Aniwhyte]

We all have different modes of saving money and to be honest I saves my money with the three method you listed above, I saves some in the bank, some at home and recently I started saving my money on my cryptocurrency wallet, I have some certain amount of money on luno and some is on my binance wallet.

 

[Abelcairo43]

Saving money in different platforms is recommended but you need to consider the quick withdrawal of your money when the time arises. Places like Bitcoin though okay but requires some sort of verifications which might take time.

 

[tyrim88]

Most people prefer to keep and save their money in banks as this has been the traditional method of saving money for years gone by.But with the new advent of technology and how people can yeild intrest while their money is been kept for them,most people would prefer to put their money in an investment platform like cryptocurency.The possibilities of even doubling your investment in a little time is an advantage,especially when you have the technicalities of analysing the the market thoroughly to know the type of cryptocurency to invest in.I prefer to invest in cryptocurency

 

[Philip Omotayo]

Saving money depends on the individual. That is, what work out best. Some people save in a financial institution like commercial bank, microfinance bank, day to day contributions. While some other persons build a local box in their houses and save their money in it. Another thing is that, some people buys jewelleries with it and resell later on.

 

[Milz]

I really can't think of any better place to save money other than in a financial institution. I do prefer to invest my money in business or stock as they yield better interest than what financial institution offers at any time.

 

[Chibson]

I simply save my money in the bank. The ones I have in my cryptocurrency wallet is for investment. The volatility of cryptocurrency, makes me afraid to save my money in the cryptocurrency wallet.
Many people still prefer cryptocurrency but I don't like it at all, the ones I have there is just for investment.

 

[Ebensco]

Saving money in different platforms is recommended but you need to consider the quick withdrawal of your money when the time arises. Places like Bitcoin though okay but requires some sort of verifications which might take time.

 

[AmirSohail]

It is definitely beneficial to save a small amount of money for difficult times as it helps you a lot in difficult times. This savings should be kept in banks or savings institutions so that you have more

 

[Richard92]

These days we save money for forther wealth, you save money for investment, it very important to save for unforseen circumstances or expenses, every wise man most save and invest, investment help you to multiply your money.

 

[Sariana23]

These days we save money for forther wealth, you save money for investment, it very important to save for unforseen circumstances or expenses, every wise man most save and invest, investment help you to multiply your money.

It is true what you say @Richard92 , in terms of investment, since it is the best way to increase profits, as long as said investment is made with knowledge of any risk that may arise In my case the best investment is in Real Estate, since the risk and benefit that it entails is very low.

 

[Hassan14]

As known people saves at the bank, home or better still save in bitcoin wallet.
Which one do you prefer?
Less we forget most old people doesn’t know about saving in bitcoin wallet in my region

Most people keep their money safe in the bank but I don't think it's good that if you keep your money safe you don't make much profit. I think whenever you have to save your money you save by trading. When you invest, you will benefit, which will save you money and you will get a good profit.

 

[Zubair]

As known people saves at the bank, home or better still save in bitcoin wallet.
Which one do you prefer?
Less we forget most old people doesn’t know about saving in bitcoin wallet in my region

Saving money is a good habit because it helps you to meet your desires regarding to it. But as you asked that where do I save my money, so I prefer to save it at my home because I can use it whenever I want. But in bank, of course it is secure, but you can't go every time there to get your money back. That's why I prefer it to save at my house.
[automerge]1612455350[/automerge]

Saving money is a good habit because it helps you to meet your desires regarding to it. But as you asked that where do I save my money, so I prefer to save it at my home because, I can use it whenever I want. But in bank, of course it is secure, but you can't go every time there to get your money back. That's why I prefer it to save at my house. So I would suggest you too.

 

[Olamide wealth]

High-yield savings account. ...
Certificate of deposit (CD) ...
Money market account. ...
Checking account. ...
Treasury bills. ...
Short-term bonds. ...
Riskier options: Stocks, real estate and gold. ...
8 places to save your extra money.