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RE: Why Saving Money is a Bad Idea and What We Can Do About It.

in LeoFinance3 years ago

It's painful to see that what we worked for so hard losses its value overtime due to inflation.

Putting our hard earned money on banks makes someone rich but not us. 😁
The only amount I am thinking of putting on traditional banks would be my emergency fund.

Starting a business has its risk but has the potential of the highest return among what I have listed. HBD, on the other hand, can beat the returns of most investing companies that I've heard of. 😊

Thanks for dropping by and taking your valuable time to read my post/article. I appreciate it very much.

I usually serve barako to my visitors but since I can't, have some !PGM !PIZZA and !CTP instead. 😊

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The emergency fund is usually something you would be able to withdraw right away so yeah maybe the bank is a good place to keep it. I don’t put mine in major banks though, I put it in my digital banks like Tonik. I don’t know if it’s a good decision but I sure hope so. Their rates are better I guess. Have you heard about it?

HBD is really the best option. It’s hard to invest unless you really know what you are doing. Same as starting a business.

Barako is too strong for me so I’ll accept what you’re offering now 😅

First time hearing about Tonik. I may need to do some reading about them. 😊