Those with fairly high financial responsibility: how are you all maximizing saving in bitcoin?
Tldr; How do I maximize my savings without putting my day-to-day in financial strain by over-investing in BTC? direct deposit bi-weekly to credit union predictable monthly spends: mortgage, daycare, utilities, groceries unpredictable spend: family stuff $15/day DCA into BTC E*Trade brokerage account w/ stocks and high-paying dividends, considering dumping completely into BTC and forgetting it more words but same thing: I'm orange pilled so no need to convince me on "why bitcoin". I get paid direct deposit bi-weekly, plus commissions when I make sales. All fiat goes to my credit union, then gets auto-transferred bi-weekly to joint accounts to cover family expenses like mortgage + daycares + groceries and other living expenses. It's hard to predict my monthly spend beyond mortgage + daycare + utilities, so the idea of only keeping "what i need" in fiat is very tough. I am extremely bullish long-term in bitcoin. I don't care about the idea of buying things like Steak N Shake in bitcoin, because i dont want to spend my bitcoin on steaks or shakes. I also have a fairly sizeable Brokerage account where I invest in a variety of stocks and high-paying dividends, and considering dumping all that into Bitcoin. I also DCA $15/day into BTC. submitted by /u/CatButtHoleYo [link] [comments]
Tldr;
How do I maximize my savings without putting my day-to-day in financial strain by over-investing in BTC?
- direct deposit bi-weekly to credit union
- predictable monthly spends: mortgage, daycare, utilities, groceries
- unpredictable spend: family stuff
- $15/day DCA into BTC
- E*Trade brokerage account w/ stocks and high-paying dividends, considering dumping completely into BTC and forgetting it
more words but same thing:
I'm orange pilled so no need to convince me on "why bitcoin". I get paid direct deposit bi-weekly, plus commissions when I make sales. All fiat goes to my credit union, then gets auto-transferred bi-weekly to joint accounts to cover family expenses like mortgage + daycares + groceries and other living expenses. It's hard to predict my monthly spend beyond mortgage + daycare + utilities, so the idea of only keeping "what i need" in fiat is very tough. I am extremely bullish long-term in bitcoin. I don't care about the idea of buying things like Steak N Shake in bitcoin, because i dont want to spend my bitcoin on steaks or shakes. I also have a fairly sizeable Brokerage account where I invest in a variety of stocks and high-paying dividends, and considering dumping all that into Bitcoin. I also DCA $15/day into BTC.
[link] [comments]
