What to do with the saving portion? Dont... - Deepstash
Creating A Culture Of Learning

Learn more about books with this collection

The balance between personal and professional effectiveness

Proactivity versus reactivity

The importance of defining your path in life

Creating A Culture Of Learning

Discover 51 similar ideas in

It takes just

7 mins to read

What to do with the saving portion?

Dont just waste the amount you saved on any desire.You shoud either

1)You should try to pay back your debts as fast as you can.

2)Try to acquire safe assets.Assets which have a good possibility of giving return.Dont expect a 100% return even 7 or 8% is enough.Dont get greedy

5

77 reads

MORE IDEAS ON THIS

What to do with the amount left?

The amount of money left after taking out the saving divide it into necessities and wants.Use it carefully but as you have saved enjoy this amount to yourself to the fullest and if you are liking it you can save more but dont become miser,you know

5

68 reads

Happiest feeling.

When you save as time passes and believe me it does there is a feeling of happiness or a sense of achievement.It increases a bit of confidence that you have a control on your financial health

5

80 reads

How to save?

In order to save you just need a little bit of discipline.Just make it a necessity that when you get your salary/pocket money,you will take minimum 10% and keep progressing as you start becoming comfortable.You cam also save a portion when you get any relatively good sum from r...

5

86 reads

Saving is important.

It is very important to save as it helps in an unforseen time or even helps you build wealth.Even if you are an adult,teen or even a parent can teach their small children to save a little bit amout of money.

5

96 reads

CURATED FROM

IDEAS CURATED BY

pairavkathuria

Curiosity that gets me into trouble

Financial education

Related collections

Other curated ideas on this topic:

Week 3: Open 2 Investing Accounts

Week 3: Open 2 Investing Accounts

Open:

  • a 401(K) account
  • a regular investment account.

Next:

  • If your employer offers a 401(k) match, invest to take full advantage of it. Contribute enough to get 100 percent of the match.
  • Pay off debts. This give you a significant instant return.

Read & Learn

20x Faster

without
deepstash

with
deepstash

with

deepstash

Personalized microlearning

100+ Learning Journeys

Access to 200,000+ ideas

Access to the mobile app

Unlimited idea saving

Unlimited history

Unlimited listening to ideas

Downloading & offline access

Supercharge your mind with one idea per day

Enter your email and spend 1 minute every day to learn something new.

Email

I agree to receive email updates