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How To Save Money NOW, Crypto Vs Fiat Currency, Global Chip Shortage | #AskPhilip
Posted
May 7, 2021
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15
May 7, 2021
15
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9:47Now PlayingLooking for the best way to save money? What about the latest crypto news today, and if bitcoin will replace fiat currency? Are you asking yourself, “Should I quit my job to start my own business?” We’ve got that for you in Slidin’ In The DMs AKA #AskPhilip!
Today, Philip starts off with some money saving tips, and looks at how to save money and how to boost your savings. He says to start off, the best way to save money now is to track your money and consistently track your spending. When it comes to money saving tips, you want to start off with a budget, and see how you spend your money.
Next, is crypto news and Philip is asked if cryptocurrency (bitcoin, dogecoin, etc) will replace fiat currency as the global standard. Simply put, Philip says no! At least for right now. Maybe in the future the gold standard will be replaced with bitcoin or other crypto and/or even replace fiat money, but as for right now, definitely not.
Philip also looks at current events and , more specifically the global chip shortage, and if it will hurt the economy. And to that, Philip says no! The global chip shortage is called a global chip shortage for a reason. It’s global, and not something will affect personal finance so not something you need to worry about.
Lastly, someone asked about real estate advice, and getting into real estate investing in Canada. Philip Michael here wants to stress that real estate advice from him doesn’t relate to strictly American real estate. His advice can work on a global level, as real estate investing happens all over the world.
Want the best business advice and real estate advice out there? What about advice in investing and real estate investing, or even looking for the latest in Bitcoin and crypto news today? Send your questions to Philip Michael! Slide into Philip’s DMs or reach out to us on any social media platform and use the hashtag #AskPhilip.
Your questions just might get answered on the air!
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Twitter: @Philip_Michael
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