Q. Once I start earning should I start saving right away?
khushi

Once I start earning should I start saving right away?

I have recently started earning, should I start investing or wait for some time to gather some money and then invest it?


saving finance
3

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Jun, 2018

Finance
 27.86 q
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  • shagun

    Yes
    Steady & slowly - but yes from the day 1


       

    answered by

      4.69 q
  • cryptodad

    you should start saving and investing too - as first thing when the money come to your account send part of them to saving account and invest another in somthing that can bring “more money”. saving is for build some safety reserve that you can use when times are worse, investing is for better future. whats left is what you shoud use to “live”.


       

    answered by

      1.06 q
  • hendry

    Yes the day you start earning is the day you should start saving as well.


       

    answered by

      16.85 q

Asked in Category

Finance

What is that money can't buy? More difficult than to earn money is to preserve it. Deprived of required financial management even gigantic companies have faced the downfall. Finance management is a major field in education and profession. As without sufficient financial backup there is no scope of growth. When it comes to personal money management, it is quite uncomplicated. As, "Personal finance is of 20% head knowledge, its 80% behaviour".

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