Скачать или смотреть Inflation is Rising; Here is The Best Strategy to Handle Saving and Investing

Amid the rising cost of living, the idea of saving and investing squarely falls under a person’s financial goals in the short term and long term.
There are various types of savings:

1. Emergency Savings - this fund protects you from unforeseen challenges such as major injuries, long-term illness, job loss etc.

2. Retirement Savings – this caters to your old age when you will no longer be productive

3. Personal savings and short-term goals - Since retirement and emergency accounts are off-limits, where do you get money to buy a new car, update your wardrobe, or go on vacation? From your personal savings.

4. Investment savings – this is ideal for building wealth and generating more income.

The ideal way to invest is using the 50/30/20 rule where at least 20% of your income should go towards saving and investment.

Watch this video to learn more.
#GetItDoneWithReuben