Makayla K.
• $daringMAKAYLA580
Jun 17
What’s the best way to save?
1120 votes
18
11
Inflation erodes the purchasing power of cash generally, keeping a baseline amount in a checking or physically is still necessary for immediate liquidity and emergency expenses but a common strategy is the 3-6 Month Rule: Keep 3 to 6 months worth of living expenses in a mix of checking and High yield savings accounts for absolute security, and channel everything else into investments and income-generating assets or multiple revenue streams if possible.
1
I do cash, I tend to forget that I have it😅
1
Savings account to save works for me although mine is kinda dry right now🙃
1
I don't know how to save I've always wanted to save but there's always more to pay than I make so what is there left to save
Have instacash invest money from every direct deposit good then is it takes 5 days to get out so u think twice
For me, a combination of both is better. I rarely use cash, so if I put it in my safe, it’s better.
Still trying to figure it out
Lately it's become easier to save with cash. 90% of what i do is online including bill pay. So the cash i have just stays where it is since I can't spend it online. At least not without making a trip somewhere to deposit it, which I dont. Brokerage account is my next go to for savings.
Cash is easier for me to monitor but a savings helps a lot too
Save every dollar before you know it you'll have saved enough to afford to treat yourself
Neither
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