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If you have a 2% interest rate, 10-15k in your account will generate that amount monthly. Totally doable if you’re living in a country with a COL that low to be
by yurishimo 8y ago
If you have a 2% interest rate, 10-15k in your account will generate that amount monthly. Totally doable if you’re living in a country with a COL that low to begin with.
- albertgoeswoof 8y agoDue to inflation the value of the money is going down though, so I don’t think this is really income, unless you’re getting returns greater than inflation.