do u think is safe 2 keep ur money at home???

@paulinez (115)
Malaysia
October 27, 2007 10:25am CST
do u think is safe 2 keep it at home or 2 keep it in the bank..i have a friend who told me b4 that he would not keep it in any of it.he said ,he will just invest the money if he have any saving.maybe on buying house,car or insurance.he told me he can't keep the money at home coz ,once he saw the money..he will try 2 spent it.n if he keep it in the bank,he said it very troublesome.coz,he said when wanna close a/c somemore got deduction this n that..so in another word,every month he left nothing..but at least he still got the investment money in future...u???
4 responses
• Malaysia
27 Oct 07
Dear paulinez, as your friend says it is not a good idea to keep money at home because it would be tempting to spend that money. Think of your future and talk to your local financial consultant on how best you could invest your money. Many people do not invest for their future and end up either poor or working for the rest of their lives just to make ends meet. You wouldn't want to be working at the age of 75, trust me. There are many excellent ways of investing your money prudently and I will not presume to give you advice on that for there are much better people than me whose profession it is to give advice on financial matters. Generally speaking though, investing in mutual funds, insurance or the property market are quite popular and have yielded good returns for investors. I wish you a secure future.
@paulinez (115)
• Malaysia
27 Oct 07
thanks....indeed,i'm very agree wth u..investment for future is very important.thanks, a lot for ur thought.i'm very appreaciate that, my friend.
@czhi520 (26)
• China
2 Dec 07
Your friend is a clever human. he/she knew how to use the money for himself/herself .becaus he do not put all of his money in bank,which is in many other invest. the invest can make his money become more. But i think we should use the money carefully.Put some money in bank ,in case what happened in our life.and put some money on invest .
• India
8 Nov 07
Hi friend.. I keep a small cash in my house and i dont like to take the risk. As i have the ATM near my house. i used to take money as and when i need. Happy mylotting. Enjoy Peace Within.
• Singapore
28 Oct 07
I'm still a student. I have no worries for this issue =)