Aqa
05-21
👳🏾‍♀️ My GURU, a financial planner’s advice is to allocate 5% of my monthly income to trading. That literally is money i put aside for savings after i spent on essential expenses such as housing, food, transportation, health care, allowances for my loved ones, entertainment and short-term savings. I do not have big budget to trade so i have to do my due diligence before every trade. I have been able to grow this money to hedge against inflation so believe in him. Thanks @Tiger_comments [Happy]
How Do You Allocate Your Monthly Budget?
When someone asks what investors spend the most money 💵💵 on each month, it's undoubtedly the stock market. Some say that investors are thrifty in real life, reluctant to spend an extra penny, but they spend lavishly in the stock market. When planning monthly expenses, they allocate just a bit 🤏 for food and put most money into the stock market and banks.
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Comments

  • Tiger_comments
    05-22
    Tiger_comments

    Good plan!! 👍 Good luck with your saving💰 and trading📈!

    • Aqa: 
      Thank you very much.
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