My rules to successful saving 💡 — @scottcbusiness on read.cash

@scottcbusiness 18 December 2020 more from that month

My rules to successful saving 💡 1. Be frugal & save as much as possible 2. Budget everything & optimize 3. Don't increase your expenses 4. Invest everything you save 5. Repeat 1-4 6. Retire My rules to successful investing 💸 1. Buy low, sell high 2. Focus on fundamentals 3. Don't invest in everything 4. Invest locally 5. Compounding interest 6. Only trade with money you have 7. Dollar-cost average every paycheck 8. Keep up with your investments 9. Invest long-term

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4 comments

@bmjc98 18 December 2020

This will be my 2021 goal, but I'm already starting investing in crypto and hopefully, I can make it grow in the future. Thanks for this.
@gertu13 18 December 2020

Very good ideas, thank you very much for sharing them.
t@tsakf 19 December 2020

Number 3 on savings, is a must. In case of a crisis, or downturn, of an economy, increased expenses, cannot be handled.
@bheng620 19 December 2020

Noted n thanks for the advice, sir scott n this is what i'm going to do on 2021, got a small amount on bitcoin.com n on coinbase already, hopefully soon, going to try trading or staking