What to do with the saving portion? Dont... - Deepstash

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

6

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IDEAS CURATED BY

pairavkathuria

Curiosity that gets me into trouble

Financial education

The idea is part of this collection:

Creating A Culture Of Learning

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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.

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