My husband and I agreed that as much as possible we would not spend the money I earned from blogging for our daily expenses. We want to save it and deposit it on another account. We even to save my earnings in dollar but Paypal does not support withdrawal of funds in foreign denomination. We thought of this idea because we realized that our daughter is getting older. Sooner she will be in high school and college, yet we don’t have a single cent in the bank for her education.
We are also planning of engaging in long-term investments like bonds & mutual funds because we are getting older too and we don’t want to be a burden to our daughter when we grow old. So when the time comes that we are too old to earn for our living, we have our own money to support our expenses.