Most savings have to be every month, what about if one is making money weekly or daily, what are the criterias for saving money?
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Savings don't have to be monthly although it could depend on personal decisions irrespective of if you earn wages or salary For me , I earn salary so I do it end of the month but if I get some money within the week and I feel it's enough for me to spend and still save some or if I don't even have neRead more
Savings don’t have to be monthly although it could depend on personal decisions irrespective of if you earn wages or salary
For me , I earn salary so I do it end of the month but if I get some money within the week and I feel it’s enough for me to spend and still save some or if I don’t even have need for it, I would just save it. It’s still my money anyways I would end up spending it myself.
See lessI don't think that savings have to be monthly. I think it should depend on how often you are making money. If it is weekly, then you can plan on how to save weekly. If you earn monthly like most people do with their salaries, then plan on saving a portion each month. Some people like those who do buRead more
I don’t think that savings have to be monthly. I think it should depend on how often you are making money. If it is weekly, then you can plan on how to save weekly. If you earn monthly like most people do with their salaries, then plan on saving a portion each month.
Some people like those who do business make money daily, you can choose too how to save that money daily. Though some people prefer to earn their business money then see how much they have earned at the end of the month, how much is needed for stock and how much to save. Whatever works for you is perfectly fine.
See lessSaving money at be at any duration it is up to the individual Many financial experts recommend saving at least 15 to 20 percent of one net income after taxes and other deductions. You Can save forb retirement contributions, emergency fund contributions, and savings for specific goals like a home doRead more
Saving money at be at any duration it is up to the individual Many financial experts recommend saving at least 15 to 20 percent of one net income after taxes and other deductions. You Can save forb retirement contributions, emergency fund contributions, and savings for specific goals like a home down payment or vacations
The best bet is to a savings account designed for saving money that you don’t plan to spend right away. though you can make withdrawals and access the money as needed. But with savings accounts, the bank pays you compounding interest just for keeping funds in your account. So it is a good idea to save however you can
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