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Topic: Best tip on saving money - page 90. (Read 7758 times)

full member
Activity: 966
Merit: 153
December 06, 2017, 03:55:53 PM
You will be surprise to know that some people might have the problem of saving money than earning it. To put it simple, if you can't save you can't be rich.
Mostly, what I do to save money is to put it where it won't be easy for my reach especially when I want to use the money  for future use. I simply invest in a business where I can't assess it easily.

Another way to reduce excess sending and also to save is to avoid credit cards; over the years, I found out that I tend to save  more when I don't renew my expired credit cards.
If you have credit cards, there is always this tenderness to always buy something online, (especially new gadgets Cheesy) even when you know deep down that you don't need them.
sr. member
Activity: 460
Merit: 254
December 06, 2017, 03:09:45 PM
To save your money you need to manage your money.
Get yourself a goal in which you want to safe in a week/month, then make a list for it.
If you keep track on your money which you spend you will notice you spend a lot of money on things which are not needed.
Good money management will get you far in saving your money.

also something I keep myself to is to not buy anything if I can't afford it twice Wink
The practice which can really be very much profitable in this regard is to cut down all your unnecessary expenditures which actually gives you nothing fruitful. You actually need to manage all your expenditures in a way that you can meet all your expenditures without relying on any other things except your own income. If you will develop this habit of saving money, then it will really help you a lot in having some good amount in your account.
legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
December 06, 2017, 02:29:35 PM
I just leave it at home.  Grin
I dont do ATM's or bank accounts, specially credit cards. That is a hell of a lot of payment and you will be tempted to use it as always when you are in the mall.
Better take the money you will just use and try to just spend that and no more.

Save bitcoin if I were you, then you will have a lot of money.  Grin
sr. member
Activity: 742
Merit: 251
December 06, 2017, 02:07:40 PM
Best Tip :
Calculate your mandatory outcome for the month and remove it from your income.
For the remaining , save half of it for monthly saving, then try to live the month with other half of the rest.
Exactly! the best practice which can not only help you in living a very comfortable life but also in saving some good amount of money which you can use at the time of need is to list down all your expenditures. You then need to cut down all your unnecessary expenditures and then use that money as your saving. Keep on developing this habit of saving money as there could be nothing better than having money in pocket at the time of need.
full member
Activity: 476
Merit: 124
December 06, 2017, 02:04:47 PM
I suggest you read some books about money saving, Robert Kiyosaki's books are highly suggested. It is best that you have your own strategy and goal using what you have learned. Overcome your fear, take the leap of faith and hope for the best. Greed is good but not too much. Always have a SMART goal.
sr. member
Activity: 406
Merit: 250
December 06, 2017, 01:19:24 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.

If you're a worker of a company with reagular salary, you can divide this salary into little peieces. And you can start buying bitcoin and trusted altcoins with this money. If you can do this for 1-2 year, you will observe a nice value inflation in your portfolio.
full member
Activity: 353
Merit: 100
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December 06, 2017, 01:13:42 PM
Saving money is not possible by everyone in our society .As we being normal human we tend to have craze for something or the other and we live in a generation where people buy things on credit based and they will be paying down payments for each and every luxury they have.As per warren buffet he always says its better to buy things only which you need rather than buying things which is not necessary for you so that you don't end up loosing everything.So its better to keep your money rather than spending it for unwanted luxury.There are various ways in which you can make savings some do make an investment in the stock and share market but it cannot be said as savings but in fact it can be called as an investment as the value of the investment doesn't remain the same as the market keeps changing and hence we can end up either on profit or loss like wise btc investment is a good choice its always best to split the investments so that you don't end up in loss.The simple way to make a saving is also by simply opening a normal savings account.
member
Activity: 357
Merit: 10
December 06, 2017, 12:05:37 PM
You can save a lot of money or the best way to save them is to use it only in a good thing. Sometimes it is okay to use money for some not expensive things so you can save a lot of them and use it later or if you have an extra savings you can think something on how can you multiply your earnings or savings without using spending to much money or not wasting a lot of money.
hero member
Activity: 1190
Merit: 534
December 06, 2017, 11:14:23 AM
There are mainly three methods of saving money, First one is about earning more money without allowing any hike in our expenses so by default the amount unspent would be more. Another one is to reduce the expenses even if there is no change in the income and it will give the same results. The last one is effective, where you work on reducing the expenses and increasing the income. This is a raw strategy and you can work on one step at a time to achieve good results in every way mentioned above.
full member
Activity: 476
Merit: 100
December 06, 2017, 11:13:01 AM
If you want to save your money, my advice is better you open a business in the real world then by itself your money will spin and you will benefit, and it would be better if you invest in bitcoin by itself you have saved your money in world crypto.
member
Activity: 207
Merit: 22
December 06, 2017, 10:23:09 AM
#99
I understand you and I see your points.
Well, my suggestion, I think you should put a caution on how you send money. The main reason why people don't save is because they spend too much.
Instead, try investing a bigger percentage of your incomes, wages, salaries or even investment and set aside some few amount for your needs.
And also try not to buy what you don't need, unnecessary spendings can easily empty a bank account or even a whole lifetime savings.
full member
Activity: 420
Merit: 134
December 06, 2017, 10:21:39 AM
#98
This is the tip that  I get from my mom on saving , first start saving young , Second differentiate the needs and the things that you only want and Third invest on things that will surely give you profit like Real Estate, Bitcoin and Etc. Etc.
full member
Activity: 406
Merit: 100
December 06, 2017, 10:13:57 AM
#97
the best way to save money is to ignore the money. and reduce private consumption expenditures. This is the best gain. the smallest items such as not using the car for 2 days a week, eating out and getting service, will give a serious shot at the end of the month. higher numbers can be obtained when we hit it with 12.
good advise, this means life efficient frugal. but i'm sure it will be hard to do, not as easy looks like.
usually I do save some of the money which earned to invest into money that is not easy to use, such as gold or jewelry.
sometimes that good solution to saving your money safe.
member
Activity: 462
Merit: 12
Indonesian Translator, #1 Quality is prioritized.
December 06, 2017, 10:09:55 AM
#96
The only things needed if you want to save money are "strong will and intention". For real, without this, everything would be a mess. Also, budgeting everything would be a great decision as well. And be discipline!
legendary
Activity: 1358
Merit: 1565
The first decentralized crypto betting platform
December 06, 2017, 10:06:01 AM
#95
The best tip is to pre-save the money, not saving it at the end. If you see you have money available, you are more likely going to spend it than if you put it aside and you act like it doesn’t exist.

Before doing that, though, you need to analyze your income and your expenses and see what expenses you can cut down, as it doesn’t make sense to pre-save $500 on a $2.000 monthly salary if you have $1.600 fixed expenses.
full member
Activity: 196
Merit: 100
December 06, 2017, 09:52:26 AM
#94
The basic principle of saving money, you need to recognize either you need "X" item that you want to buy, or you just wanting that item. Learn the difference. and for the next one is, you need to learn how to cook by yourself. next one is, learn to take a note on what you've spent today and wrote it that on your monthly wage notebook or whatnot  Smiley goodluck on saving some money
full member
Activity: 1106
Merit: 166
★777Coin.com★ Fun BTC Casino!
December 06, 2017, 09:48:40 AM
#93
Try to cut off your unnecessary expenses like your are using for entertainment purpose if you are a smoker then try to stop that habit it will allow you to save good amount of money. Grin
Try to make monthly budget and spend your money according to it and save your money in the form of bitcoin not in fiat because bitcoin price will increase by the days.
member
Activity: 235
Merit: 16
I-CHAIN - The Revolution of Digital Advertising
December 06, 2017, 09:43:30 AM
#92
Try to distribute your money, like everytime you get your allowance or your income put some bills once in a while in your money keeper so you won't have to be in the situation where you are not prepared to pay some fees when needed. TRY not to be tempted. With that, you will be disciplined and you'll be able to avoid panic buying.
full member
Activity: 196
Merit: 100
December 06, 2017, 09:42:37 AM
#91
I find it easiest to start but thinking about the end.  Rather than just saving for the sake of saving.  Set goals.  How much do you want to save for your retirement?  How much do you want to save for a vacation next year or a new vehicle?  Once you have decided what you want.  Then you will know how much you need to save and how much time you have to do it.
full member
Activity: 518
Merit: 104
PUFFY FINANCE
December 06, 2017, 09:41:37 AM
#90
For me, I use to divide my monthly earnings into two.
I invest the first in bitcoin and other altcoins such as List or Tether.
And then spend the rest of the money for my personal issues and activities.
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