Ephy
Active member
Saving money is all about keeping or investing money for future use. Saving money can be done in various ways, either to bring more money or just keep it somewhere for future use. Saving money can be done through banks,phones and even home made banks. Banks are made in such a way that when you save your money for a long period of time it generates a commission. On my side it is also more secured way to save money.
Money can also be saved through investments, how? Money invested in a business can generate you more income and multiple rather than keeping or freezing the money. It also helps your earn an extra income and it good compared to keeping or banking the money.
Another way is you can decide to lend your money to someone then when he or she is returning your money gives you with extra as a commission. This will buy you some time not to use the money anyhow. You can also open a locked savings account. This account you can keep alot if restrictions plus after how long you will need your money. So you should set the exactly time or year that you will need your money. This will help you manage or save the money without using it because human beings we have alot of endless problems and needs.
Money can also be saved through investments, how? Money invested in a business can generate you more income and multiple rather than keeping or freezing the money. It also helps your earn an extra income and it good compared to keeping or banking the money.
Another way is you can decide to lend your money to someone then when he or she is returning your money gives you with extra as a commission. This will buy you some time not to use the money anyhow. You can also open a locked savings account. This account you can keep alot if restrictions plus after how long you will need your money. So you should set the exactly time or year that you will need your money. This will help you manage or save the money without using it because human beings we have alot of endless problems and needs.