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Topic: Best tip on saving money - page 84. (Read 7720 times)

hero member
Activity: 3024
Merit: 745
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December 12, 2017, 05:29:26 PM
Hi guys! Can you share some tried and tested tricks on making the most out of your buck and also some tips on how to save money more effectively. This will be a heck of a help to our fellow users here. Thank you so much.
There's no trick when you are saving money, what you need to do is to focus with your goals and why you need to save. I've been saving for years but still there are times that I need to pull some of my bucks in the bank because of unexpected situations. Try to discipline yourself that's the only way for you to be successful in saving.

That is correct, discipline is one key virtue that anyone needs in order to be a good saver. It requires utmost discipline and commitment and so if you fall short of discipline then you are likely going to spend what you have saved or even loan them out without any justification.
When a person is discipline, you don't need any tip from others on how you'll manage and save your money. You know what you have to do and you know where your money is going once you have discipline. It all goes with budgeting and being responsible on the things that you will buy. You'll start to avoid those unnecessary things that you shouldn't buy.
member
Activity: 98
Merit: 10
December 12, 2017, 12:18:51 PM
When we know well what our weaknesses are, we can easily avoid them and stay away from them. This is also true of our bad shopping habits, where we will often fight with ourselves when we go to the mall and see a lot of good stuff there. Stay away from malls and shopping centers, if the place does make us difficult to save money.
member
Activity: 98
Merit: 10
December 12, 2017, 12:10:44 PM
Oppose bad habits that make wasteful. Everyone must have bad habits, but some have a negative impact on the financial. Try to understand and know yourself, whether to have bad habits such as hobbies hanging out in the cafe or hooked to buy snacks. If successful against bad habits, life sparing not just nonsense.
member
Activity: 194
Merit: 10
December 12, 2017, 11:42:45 AM
make periodic expenditure and evaluation records, in addition to care about income, try to pay attention to the expenses. Pick up paper and pencil, then record all expenses in a month. Try an in-depth analysis of all your expenses and find out if there are sectors that can be suppressed or removed because they are not important. Hitting monthly spending is the most effective way to save money.
legendary
Activity: 1330
Merit: 1019
December 12, 2017, 01:38:30 AM
we all want to save money for future purposes like health issues and unexpectedly expenses.. we should leave 20% from our weekly profit.
Yeah you are right. One shouldn’t out all his income in bitcoin, although this is amazing source of income but still you have to cater other needs of life as well. What if you don’t have any money in bank and immediately some health issues came, and you have to pay your hospital fee. So for this purpose, don’t put everything in trade, save a little portion for emergency purposes and have a happy life.
sr. member
Activity: 490
Merit: 250
December 12, 2017, 12:53:44 AM
Hi guys! Can you share some tried and tested tricks on making the most out of your buck and also some tips on how to save money more effectively. This will be a heck of a help to our fellow users here. Thank you so much.
I also put aside 20% of my daily jobs earning as saving. And then the what's left is I budget it. It has works wonder for me up to today. I'm glad that I'd listen to my parents early on regarding saving. You might try it if so see if it's fits you. Others do to the opposite, they do the budget first and the rest put into saving. I guess you have to try and experiment it yourself. And always ask yourself if you really need or just want it before spending your precious money.

I never spend more than 50% of my salary. I give 10% of my salary to the church, and I eat everyday by cooking myself (I mean, I still live with my mom, hahaha). I never buy food outside, I just buy a small snack just on weekends. I was deliberately not spend money to hang out or eat in restaurants, I also do not have a boyfriend. I was determined to save and invest for my future. I'm determined to buy a house and make my family happy, that's when I'll start thinking about hanging out and having fun. Or get a girldfriend.
Got confused. You dont have a boyfriend and thinking of having a girlfriend,?? which is which??. If you are from the Philippines then im guessing that you are a member of INC. Anyways i envy how you discipline yourself, spending 45% only of your salary is a difficult thing to do.
full member
Activity: 448
Merit: 107
December 12, 2017, 12:42:43 AM
the best tip that i can share on saving money is like you always get a part or even atleast 10-20% of your daily ,weekly or monthly income you should tight your budget if you want to save from your fruit of labor. you should also learn what to buy or not to,if it is not that needed then don't buy,i can assure you that you can save money..just like me everyday i always put 1$ ( equivalent in our currency) in my son's empty formula milk.
member
Activity: 336
Merit: 10
December 11, 2017, 11:22:40 PM
Hi guys! Can you share some tried and tested tricks on making the most out of your buck and also some tips on how to save money more effectively. This will be a heck of a help to our fellow users here. Thank you so much.
tips for saving money is control your desire to buy this or buy it if it is not too important to use, if you are able to control it then you will be able to control finances and save money in the future.
full member
Activity: 462
Merit: 101
December 11, 2017, 11:13:28 PM
The best trick to save money is to manage your expenses and not buy unneeded items, save as much as possible to save from your income.
full member
Activity: 266
Merit: 100
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December 11, 2017, 10:36:18 PM
For me, exchanging money for bitcoin is saving your money. You will get profit while your savings is in bitcoin. If the price starts to go down, exchange it to cash then buy again when it reaches its lowest price. I might say trading is like saving your money but you will have to be alert on the price of bitcoin.
sr. member
Activity: 1701
Merit: 308
December 11, 2017, 09:32:14 PM
Do not buy too many things that are not useful to you. Set aside money for personal needs and sudden needs later. Lending money is a waste of money too, just dizzy for you if you do not pay back. Especially if you do not have a fixed income, so I suggest to stay away from it.
full member
Activity: 406
Merit: 105
December 11, 2017, 09:23:57 PM
What i always do and i think it is effective for me is i put bills on the clothes that i seldom to wear or clothes that i hate to wear and set my mind that it is a savings since i avoided banks years ago. Then in a long run i forgot that i put money in there but incase of emergency or there is a special occassions that i badly need a money. All i do is to searched that cabinet then there it is. Mind over matter is very effective on me.
full member
Activity: 434
Merit: 104
December 11, 2017, 09:20:43 PM
I'm not good in saving my own money because in my situation my income is good enough for basic needs, So i suggest be more practical on how to spend your money, control yourself for not buying not needed things, save your money in the bank too lesser the temptation, try to invest some of your money in crypto to get profit. For now I'm planning to earn bitcoin or other crypto to get extra income then i can start saving or maybe i can invest it.
member
Activity: 165
Merit: 14
December 11, 2017, 09:09:44 PM
If you are earning then: Cook your food. Dont eat in fastfood chains or pizza or any junk foods. Cooking your own food lets you plan your meal up to a whole day. Drink water. Dont buy softdrinks or flavored drinks. Dont be an impulsive shopper. Evaluate first if you really need the item/s.
full member
Activity: 267
Merit: 100
December 11, 2017, 08:39:34 PM
Well you know am really bad at managing my money thus what I do is I transfer everything I earn in the bank account of my friend and he won't even let me have a penny from it even if am dying.. though sometimes if I desperately need he does allow me to have a little amount..!! Its more like having a personal finance manager Wink thus if you aren't able to save up yourself I will advise you to ask help from a friend of yours Smiley its never a bad option also its better if he is super strict Cheesy

Also I have planned daily usage like a dollar a day or something like that thus it helps me control whatever I spend.

This can be really helpful lol but quite hard to do. heck it's my money I have every right to spend it however if you know yourself enough to be an aggressive spender then I think this will be extremely helpful Cheesy
Buy what you need, and then earn. THEN buy what you want.  Cool
full member
Activity: 504
Merit: 106
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December 11, 2017, 07:44:20 PM
I think the best tip for saving money is to know the things that you need to pay first, record you expenses. It is also important to decide on your priorities. Think about the things that you really need, don't buy just because others have it. Transfer your money to bank so that you won't have the temptation of spending it. Stick to cash and stop using credit card. Stop spending money on expensive coffee. Always end the day by adding at least a small amount in your savings and think of ways on how you save money for the next day. Hope this helps. Thank you.
sr. member
Activity: 812
Merit: 251
December 11, 2017, 06:19:53 PM
i think it will be better to rather have what you want to save in an investment or  you trade with it  so that you stand some chance of making profits over them and not loosing out when the currency depreciates in value due to inflation.
sr. member
Activity: 490
Merit: 250
December 11, 2017, 06:12:25 PM
Do not buy anything that you don’t need in your daily life, do not believe with the saying that you should reward yourself because you’ve done so much and you dersve to buy things that is expensive. Make sure when you spend your money you still have more than what you spent in your pocket. And of course put half of your savings in investment for it to grow more.
member
Activity: 420
Merit: 50
December 11, 2017, 06:00:48 PM
Saving money is hard at this difficult times cause everything is based on money and without it, the world would be unbalanced. The best way of saving is that you transfer all your decentralized crypto or centralized values to your pocket and keep them stashed at home in a safe. And best value for that is swiss franc. World of crypto is risky, banks are risky. Everything and everyone that are keeping your money like online wallets and banks are unsecure and cause that your pocket is the best safe. I am recommending that if u want to truly save your money but if you have other plans like making profit then that is the last thing you want to do.

If that you think the best way to save money, well, I don't agree with that because for my understanding in your way is seems the cheapest and not really recommended for everyone to used it. The best tip to save money for me are such as eliminates gambling habit, minimize your debts and make a set saving goals.
member
Activity: 344
Merit: 11
December 11, 2017, 05:41:24 PM
You keep your saving money on something first than use the rest for paying bills and spending.
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