i have not been in this place so i cant necessarily speak for people being paid minimum wage but my suggestion would be even if it means a bad lifestyle for a few months downsize more even if it means a few months of unhappiness, get a side job if you dont already have one, save up the money your are saving, then invest that saved money, within a year or two you will probably have enough to maybe get more education at a community college or something raise your portfolio and get a way better job, better job means more money, more money means more to invest.
Note: for people living on minimum wage don't invest in cryptocurrencies they are just to risky, invest in stocks or index funds they might not have the same return but they are more stable
Topic: FINANCIAL TIPS - page 4. (Read 1388 times)
Some of us are so eager to earn money to have some fun or to buy what they want, expensive clothes, shoes and more, those people that they don't care about the future, but as like other said set aside some of your money for your future and don't buy things that is not necessary, cut some expenses, make some goal all of that is very useful.
If you need to use your money or utilize your money then you will need to invest in crypto world because we know that the modern market is of cryptocurrency and the whole attention of people is in crypto. This might has some abilities and responses due to which is the sight of people. Bitcoin is a currency favorable for long term investment and if you want to make huge money then invest here in low market.
When you receive your hard earned money, don't be a one day millionaire. A lot of people are like that, every payday you will see them at malls, restaurant clubs and other establishment where they spend a lot of money. Without even thinking what will happen to them in the next few days.
There's a lot of thinking that they can borrow to others and pay again after a month. This what happen to every individual who don't know how to save.
There's a lot of thinking that they can borrow to others and pay again after a month. This what happen to every individual who don't know how to save.
I dont know if this where the right place to post but here it is. This is most applicable for those minimum wage earner who struggles in life and wanted to invest too.
* DONT SPEND BEYOND WHAT YOU EARN.
This is particular to those credit card addicts where swipping it is their life. They spend most of their needs on cards, groceries, gadgets installment etc. They spend beyond their limits and usually paying excess charges because of this. They often didnt get through this swipe pay cycle because of their limited fund capacity.
* SAVE FIRST BEFORE SPENDING
I think this is the hardest part of the financial budget if you are earning just right for paying your monthly bill and daily necessities. But what will you have to do ? . You dont need that high portion of savings everytime. For example , you have $50 on your hand in excess of your expenses, budget it for a week in a very cheap way , groceries would be better, then save what is remained. Take aside your weekly starbucks and put it on your bank.You can take coffe at home or on a cheap way. Small amounts will get big in a time and you can start investing after. You can always reward yourself after if you start investing and earned passively.
* SET SOME GOALS
This is the most effective way ive done so far. Being comitted on your goal is almost 100% sure. If you are setting a goal for example this year where you have to save $5 weekly and you will save $260 in the end of the year, if you always looking for the outcome, im sure you will do this without leaping or maybe advance save it up.
All three of this is what i do everytime ans it helps me save and gain some capitals for investment on cryptocurrency. I hope these three would help someone even on a little way.
* DONT SPEND BEYOND WHAT YOU EARN.
This is particular to those credit card addicts where swipping it is their life. They spend most of their needs on cards, groceries, gadgets installment etc. They spend beyond their limits and usually paying excess charges because of this. They often didnt get through this swipe pay cycle because of their limited fund capacity.
* SAVE FIRST BEFORE SPENDING
I think this is the hardest part of the financial budget if you are earning just right for paying your monthly bill and daily necessities. But what will you have to do ? . You dont need that high portion of savings everytime. For example , you have $50 on your hand in excess of your expenses, budget it for a week in a very cheap way , groceries would be better, then save what is remained. Take aside your weekly starbucks and put it on your bank.You can take coffe at home or on a cheap way. Small amounts will get big in a time and you can start investing after. You can always reward yourself after if you start investing and earned passively.
* SET SOME GOALS
This is the most effective way ive done so far. Being comitted on your goal is almost 100% sure. If you are setting a goal for example this year where you have to save $5 weekly and you will save $260 in the end of the year, if you always looking for the outcome, im sure you will do this without leaping or maybe advance save it up.
All three of this is what i do everytime ans it helps me save and gain some capitals for investment on cryptocurrency. I hope these three would help someone even on a little way.
Great advises but best tip is saving. Without saving no one can be rich. Rich people save first consume the rest amount.But it is difficult to save for everyone.
I dont know if this where the right place to post but here it is. This is most applicable for those minimum wage earner who struggles in life and wanted to invest too.
* DONT SPEND BEYOND WHAT YOU EARN.
This is particular to those credit card addicts where swipping it is their life. They spend most of their needs on cards, groceries, gadgets installment etc. They spend beyond their limits and usually paying excess charges because of this. They often didnt get through this swipe pay cycle because of their limited fund capacity.
* SAVE FIRST BEFORE SPENDING
I think this is the hardest part of the financial budget if you are earning just right for paying your monthly bill and daily necessities. But what will you have to do ? . You dont need that high portion of savings everytime. For example , you have $50 on your hand in excess of your expenses, budget it for a week in a very cheap way , groceries would be better, then save what is remained. Take aside your weekly starbucks and put it on your bank.You can take coffe at home or on a cheap way. Small amounts will get big in a time and you can start investing after. You can always reward yourself after if you start investing and earned passively.
* SET SOME GOALS
This is the most effective way ive done so far. Being comitted on your goal is almost 100% sure. If you are setting a goal for example this year where you have to save $5 weekly and you will save $260 in the end of the year, if you always looking for the outcome, im sure you will do this without leaping or maybe advance save it up.
All three of this is what i do everytime ans it helps me save and gain some capitals for investment on cryptocurrency. I hope these three would help someone even on a little way.
* DONT SPEND BEYOND WHAT YOU EARN.
This is particular to those credit card addicts where swipping it is their life. They spend most of their needs on cards, groceries, gadgets installment etc. They spend beyond their limits and usually paying excess charges because of this. They often didnt get through this swipe pay cycle because of their limited fund capacity.
* SAVE FIRST BEFORE SPENDING
I think this is the hardest part of the financial budget if you are earning just right for paying your monthly bill and daily necessities. But what will you have to do ? . You dont need that high portion of savings everytime. For example , you have $50 on your hand in excess of your expenses, budget it for a week in a very cheap way , groceries would be better, then save what is remained. Take aside your weekly starbucks and put it on your bank.You can take coffe at home or on a cheap way. Small amounts will get big in a time and you can start investing after. You can always reward yourself after if you start investing and earned passively.
* SET SOME GOALS
This is the most effective way ive done so far. Being comitted on your goal is almost 100% sure. If you are setting a goal for example this year where you have to save $5 weekly and you will save $260 in the end of the year, if you always looking for the outcome, im sure you will do this without leaping or maybe advance save it up.
All three of this is what i do everytime ans it helps me save and gain some capitals for investment on cryptocurrency. I hope these three would help someone even on a little way.
Well for me yes. I guess this is a good idea and suggestion, and because of this some of us or maybe that everyone can be more aware of how to manage their finances, their financial problem or challenge. well you say often people spend more money than they can get just because they get credit they sometimes forget the percent or interest from their installment ..
Try to save up for an emergency fund. An emergency fund is made up of all your expenses for the month multiply by 3. The number 3 stands for 3 months. Sp if you are currently employed and relying on your salary and if anything bad happens to your work like business needs to close or you are part of retrenchment, you can use the emergency. Why 3 months only, because as soon as you don't have work, you can start looking for a new job and your funds can last up to 3 months, but its still up to you if you want higher emergency funds.
In my opinion I think you should first budget your money make a list.set aside your money for important matters.cut some expenses and make some goal that is very useful.if you are having difficulties there are financial adviser to help us.all things are possible if you think positive you must believe it.
I like your financial tips. For me its a big help if I SET SOME GOALS because I want in my future family have a good life I want to save money for my family. For my children study. And pretty good if you have a goals in your life. This topic will be a helpful idea to all of us.
Thank you for your tips, I would also like to add, that you should learn the art of discipline, since it will be one of the best lessont in life that will help you, a lot of people have focus on their goal, however, they fail to discipline themselves while achieving their goal, sometimes it will take them long, and forget that they have a goal, and realize that they are already overdue with their dates. Self-discipline will also help you when it comes to trading, you will not just rely on impulse but will focus more on your strategy.
Yeah, pretty interesting and sure, paying one first in terms of savings is very important and there was a book I read that about 10 - 20% should always go to you for savings purpose. Also, it is not just all about savings, as like you said, investment is very important. The investment could be on yourself, or on a business you would like to pursue but the main idea is to always let those savings work for you and not work for money the rest of one's life.
Some of us are so eager to earn money to have some fun or to buy what they want, expensive clothes, shoes and more, those people that they don't care about the future, but as like other said set aside some of your money for your future and don't buy things that is not necessary, cut some expenses, make some goal all of that is very useful.
Planning or budgeting and imbibing the culture of delayed gratification can actually help if one wants to be able to meet their needs and accomplish financial freedom which I think is the desire of most people.
A lot of advices are here with many complications which will make processes of making money difficult. I will describe the simple market as we noticed the market of Bitcoin favorable and this should be the place if you want to invest somewhere and in search of investment. But remember that it is a crypto market and you are to learn about it first, once you gain knowledge then you will be a successful investor. Great basics but there are many sites that give lots of info about that like mrmoneymustache.
Follow the general ideas of the market and invest somewhere where there are maximum possibilities of making profit. In modern world the best recommended place is the crypto market which favors you and gives you the opportunity to get profit and make your financial situations better. It is a wonderful way and you should follow with great care and should learn how to handle it if you are serious to make your financial situations better. I dont know if this where the right place to post but here it is. This is most applicable for those minimum wage earner who struggles in life and wanted to invest too.
* DONT SPEND BEYOND WHAT YOU EARN.
This is particular to those credit card addicts where swipping it is their life. They spend most of their needs on cards, groceries, gadgets installment etc. They spend beyond their limits and usually paying excess charges because of this. They often didnt get through this swipe pay cycle because of their limited fund capacity.
* SAVE FIRST BEFORE SPENDING
I think this is the hardest part of the financial budget if you are earning just right for paying your monthly bill and daily necessities. But what will you have to do ? . You dont need that high portion of savings everytime. For example , you have $50 on your hand in excess of your expenses, budget it for a week in a very cheap way , groceries would be better, then save what is remained. Take aside your weekly starbucks and put it on your bank.You can take coffe at home or on a cheap way. Small amounts will get big in a time and you can start investing after. You can always reward yourself after if you start investing and earned passively.
* SET SOME GOALS
This is the most effective way ive done so far. Being comitted on your goal is almost 100% sure. If you are setting a goal for example this year where you have to save $5 weekly and you will save $260 in the end of the year, if you always looking for the outcome, im sure you will do this without leaping or maybe advance save it up.
All three of this is what i do everytime ans it helps me save and gain some capitals for investment on cryptocurrency. I hope these three would help someone even on a little way.
* DONT SPEND BEYOND WHAT YOU EARN.
This is particular to those credit card addicts where swipping it is their life. They spend most of their needs on cards, groceries, gadgets installment etc. They spend beyond their limits and usually paying excess charges because of this. They often didnt get through this swipe pay cycle because of their limited fund capacity.
* SAVE FIRST BEFORE SPENDING
I think this is the hardest part of the financial budget if you are earning just right for paying your monthly bill and daily necessities. But what will you have to do ? . You dont need that high portion of savings everytime. For example , you have $50 on your hand in excess of your expenses, budget it for a week in a very cheap way , groceries would be better, then save what is remained. Take aside your weekly starbucks and put it on your bank.You can take coffe at home or on a cheap way. Small amounts will get big in a time and you can start investing after. You can always reward yourself after if you start investing and earned passively.
* SET SOME GOALS
This is the most effective way ive done so far. Being comitted on your goal is almost 100% sure. If you are setting a goal for example this year where you have to save $5 weekly and you will save $260 in the end of the year, if you always looking for the outcome, im sure you will do this without leaping or maybe advance save it up.
All three of this is what i do everytime ans it helps me save and gain some capitals for investment on cryptocurrency. I hope these three would help someone even on a little way.
* DONT SPEND BEYOND WHAT YOU EARN.
This is very basic. Spending more than what you earn will cause you soo much trouble. This is what people should always bare in mind.
I have only one way to save money and thats by keeping the records of what I spend and what I shouldn't be spending on next month if my budget was off the chart. Will always see how much is getting spent on the family, mostly kids and myself. Then will re-finance all the stuff if something is too expensive and repeating over and over again. Fixed expense like grocery, home bills should be always kept aside. So step by step you do it traditional ways so that you can get the more savings done.
Be honest, keep track of your expenses, and don't be too impulsive. Learn to formulate a budget plan, and follow it. It's very important to be a wise spender, and to respect your money, think of the sacrifices you put behind it, it's earned through time, effort, energy. You can make smart investment as well as another option to make your money grow and work for you. This particular question is tackled about more spending money and savings. I really like your concern and idea, hopefully many people realize on how the way they manage their income and their expenses. Because to much spending of money causes negative income, and suffered more future payables and debt. Actually, mostly people has the characteristics of being thrifty are those rich people, because they are more on saving money, but for those people that only a workers having minimum income are performing more on expenses rather than saving, hopefully this question gave us a learning lesson on how to save money rather than too much spending.
That's right a lot of people right now spending lots of their money than their usually daily income. Many people work hard in order to earn money and also to survive but, other people didn't see what they do, because some of them born in a wealthy family. Some rich people underestimate poor because they think that they can easily manipulate them using money. I dont know if this where the right place to post but here it is. This is most applicable for those minimum wage earner who struggles in life and wanted to invest too.
* DONT SPEND BEYOND WHAT YOU EARN.
This is particular to those credit card addicts where swipping it is their life. They spend most of their needs on cards, groceries, gadgets installment etc. They spend beyond their limits and usually paying excess charges because of this. They often didnt get through this swipe pay cycle because of their limited fund capacity.
* SAVE FIRST BEFORE SPENDING
I think this is the hardest part of the financial budget if you are earning just right for paying your monthly bill and daily necessities. But what will you have to do ? . You dont need that high portion of savings everytime. For example , you have $50 on your hand in excess of your expenses, budget it for a week in a very cheap way , groceries would be better, then save what is remained. Take aside your weekly starbucks and put it on your bank.You can take coffe at home or on a cheap way. Small amounts will get big in a time and you can start investing after. You can always reward yourself after if you start investing and earned passively.
* SET SOME GOALS
This is the most effective way ive done so far. Being comitted on your goal is almost 100% sure. If you are setting a goal for example this year where you have to save $5 weekly and you will save $260 in the end of the year, if you always looking for the outcome, im sure you will do this without leaping or maybe advance save it up.
All three of this is what i do everytime ans it helps me save and gain some capitals for investment on cryptocurrency. I hope these three would help someone even on a little way.
* DONT SPEND BEYOND WHAT YOU EARN.
This is particular to those credit card addicts where swipping it is their life. They spend most of their needs on cards, groceries, gadgets installment etc. They spend beyond their limits and usually paying excess charges because of this. They often didnt get through this swipe pay cycle because of their limited fund capacity.
* SAVE FIRST BEFORE SPENDING
I think this is the hardest part of the financial budget if you are earning just right for paying your monthly bill and daily necessities. But what will you have to do ? . You dont need that high portion of savings everytime. For example , you have $50 on your hand in excess of your expenses, budget it for a week in a very cheap way , groceries would be better, then save what is remained. Take aside your weekly starbucks and put it on your bank.You can take coffe at home or on a cheap way. Small amounts will get big in a time and you can start investing after. You can always reward yourself after if you start investing and earned passively.
* SET SOME GOALS
This is the most effective way ive done so far. Being comitted on your goal is almost 100% sure. If you are setting a goal for example this year where you have to save $5 weekly and you will save $260 in the end of the year, if you always looking for the outcome, im sure you will do this without leaping or maybe advance save it up.
All three of this is what i do everytime ans it helps me save and gain some capitals for investment on cryptocurrency. I hope these three would help someone even on a little way.
Thank you the author for excellent and the right advice. That's really true. Credit cards are evil if you use them wrong. Given example. You earn $ 1,000 a month, and your expenses$1,200. The remaining amount you take from the credit cards that you are offered in each Bank. The presence of credit cards leads people to seduction and squandering. And spending money without much need for it. Here are these -200$ per month can in a few months to turn your total debts -1000$ or even more. It Is A Utopia
it's really my struggle to save my money. when I know I have money in my pocket. I always want to buy different foods and I eat a lot. financial management is the hardest thing to learn on my part. If I know that I have savings, I spend if I have no money left. can someone help me with this?
I have only one way to save money and thats by keeping the records of what I spend and what I shouldn't be spending on next month if my budget was off the chart. Will always see how much is getting spent on the family, mostly kids and myself. Then will re-finance all the stuff if something is too expensive and repeating over and over again. Fixed expense like grocery, home bills should be always kept aside. So step by step you do it traditional ways so that you can get the more savings done.
* DONT SPEND BEYOND WHAT YOU EARN.
* SAVE FIRST BEFORE SPENDING
* SET SOME GOALS
Since we are earning from different campaigns here in bitcointalk, I also normally do this because I am saving enough money. You should have your list on what you really need to buy so that you can manage your savings and expenses well. setting this kind of goal will be able to help you earn and save.
I think, this topic will be a helpful idea to all of us because if we really want to save enough money, we should be wise on managing it.
I dont know if this where the right place to post but here it is. This is most applicable for those minimum wage earner who struggles in life and wanted to invest too.
* DONT SPEND BEYOND WHAT YOU EARN.
This is particular to those credit card addicts where swipping it is their life. They spend most of their needs on cards, groceries, gadgets installment etc. They spend beyond their limits and usually paying excess charges because of this. They often didnt get through this swipe pay cycle because of their limited fund capacity.
* SAVE FIRST BEFORE SPENDING
I think this is the hardest part of the financial budget if you are earning just right for paying your monthly bill and daily necessities. But what will you have to do ? . You dont need that high portion of savings everytime. For example , you have $50 on your hand in excess of your expenses, budget it for a week in a very cheap way , groceries would be better, then save what is remained. Take aside your weekly starbucks and put it on your bank.You can take coffe at home or on a cheap way. Small amounts will get big in a time and you can start investing after. You can always reward yourself after if you start investing and earned passively.
* SET SOME GOALS
This is the most effective way ive done so far. Being comitted on your goal is almost 100% sure. If you are setting a goal for example this year where you have to save $5 weekly and you will save $260 in the end of the year, if you always looking for the outcome, im sure you will do this without leaping or maybe advance save it up.
All three of this is what i do everytime ans it helps me save and gain some capitals for investment on cryptocurrency. I hope these three would help someone even on a little way.
Wow this is nice idea. Thank you this idea and I really love the way you have managed your money. This is true try to spare the money for saving first before spending it. Saving is very important so that we can have money for the future needs.Its is very important to have our own goal too in order to be inspired in doing anything. I will make a copy of this tips. Thanks a lot sir! * DONT SPEND BEYOND WHAT YOU EARN.
This is particular to those credit card addicts where swipping it is their life. They spend most of their needs on cards, groceries, gadgets installment etc. They spend beyond their limits and usually paying excess charges because of this. They often didnt get through this swipe pay cycle because of their limited fund capacity.
* SAVE FIRST BEFORE SPENDING
I think this is the hardest part of the financial budget if you are earning just right for paying your monthly bill and daily necessities. But what will you have to do ? . You dont need that high portion of savings everytime. For example , you have $50 on your hand in excess of your expenses, budget it for a week in a very cheap way , groceries would be better, then save what is remained. Take aside your weekly starbucks and put it on your bank.You can take coffe at home or on a cheap way. Small amounts will get big in a time and you can start investing after. You can always reward yourself after if you start investing and earned passively.
* SET SOME GOALS
This is the most effective way ive done so far. Being comitted on your goal is almost 100% sure. If you are setting a goal for example this year where you have to save $5 weekly and you will save $260 in the end of the year, if you always looking for the outcome, im sure you will do this without leaping or maybe advance save it up.
All three of this is what i do everytime ans it helps me save and gain some capitals for investment on cryptocurrency. I hope these three would help someone even on a little way.
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