Question

Let’s say you have a part-time job, and you’re able to save $100 per month from your paychecks. How would you distribute the money between your 3 savings goals above?

Answer 1

Answer:

Money saved distributed in liquid financial assets, long term investment assets, likely appreciating variables

Explanation:

I would distribute savings from my part time jobs, in three following avenues, for my savings goals accomplishment

• Some of my saved funds in liquid assets (eg mutual funds)
• Some of my saved funds in long term assets (eg Fixed deposits, Real Estate]
• Some of my saved funds in some other likely appreciating valuables. (eg gold)