If you have extra money, what will you do with it all depends on you. But a friend of mine, a rather person who’s very lousy when it comes to handling money asked me for an advise on what she needs to do with it. I’m no financial expert (like Becky Bloomwood nee Brandon…google it if you don’t know her…LOL) but I shared with her on what I’m currently doing with mine. First, if you have talent and guts to open up your business then that’s what she have to do. But if she did not have any of those, for the mean time, I told her to save some in a time deposit and some in getting an insurance. Best to compare the rates given by different banks when it comes to time deposit and check online for the best insurance quotes. I told her to not touch the money that she have right now. Place on someplace where she will not get the chance even to be tempted to spend it. Now, if the time comes, the best is to open up a business in something that she’s good at and where she’s passionate about.
Agree or disagree?