My savings
By Moji Arcipe
@Ding05 (116)
September 17, 2021 4:27am CST
We all know that money is very important in our life. But we cannot hold the number of money that we need, in order for us to have many money we should learn to work harder to gain enough and at the same time we should know what are the things that we should spend the money to. Saving is one of the great aspect that could help us gain enough money to use for emergency cases. Do you agree?
4 people like this
4 responses
@louievill (28851)
• Philippines
17 Sep 21
Saving is good but that is only half of the picture, money saved should be invested on assets that make more money like land, things that have scarcity like coins, artworks, those that are natural store of value like gold, silver and lately cryptocurrency.
The dollar loses 2.42% of its value yearly and 7%or more in less developed country due to inflation. If you keep on saving without investing on things that appreciates faster than your money depreciates then you would end up losing in the long term.
2 people like this
@m_audrey6788 (58472)
• Germany
17 Sep 21
Yes. That`s right. I am trying to save money too but prices goes up and it becomes hard for me to save up
1 person likes this