Quick Tips on Saving - Part I

Step 1: Identify your saving goal - what is the purpose of your savings.

Step 2: Calculating how much money do you need to save.

Step 3: Calculate current income and proportion to set aside in order to save X amount in X time.

Step 4: Plan how you can set aside this sum of money.

(Bonus Step 5: Think about where you can park the money for optimal returns yet keep them safe.)

Comments

Popular posts from this blog

A review on my crypto holdings - officially in winterland

The Truth About FIRE

3 power crypto articles from 2021

Making sense of Defi concepts - Curve's tokenomic on Convex Finance

Year end reflections 2021

Disclaimer:

The contents of this blog are author's personal opinions and do not constitute advice to hold, buy or sell any securities, commodities or assets mentioned. I do not guarantee the accuracy and reliability of any information provided, and shall not be liable for any losses incurred from reading my posts or using the materials herein. This blog may contain affiliate links to external sites.