Topic: FINANCIAL TIPS - page 5. (Read 1406 times)
Great tips out there sir! I'll make sure I'll follow this one as it can be very helpful to me.
* 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.
* 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.
Appreciate your financial tips. Nice of your to share it and remind again people who spends beyond their limits. It's really hard sometime to understand, people knows what to do actually but they are keep doing the opposite. It's like we are driven by an emotional purchases that most of the time is not actually a necessity. It's like an advice about staying healthy is to eat right, exercise and take some proper supplementation but only few are doing it. I hope it's not too late. Please listen to these tips and don't forget your health as well. God bless.
Not sure, if it financial tip, but anyway, I want else to add, many small jobs with the small salaries, better than one with high salary. And here why, you never know what can happen in future, so even, if you will lose a place at one of your small jobs it won't affect on you much (since you will continue making money), how it will when you will be fired from your high-paying job.
Well, those tips are good, but crypto is such an irrational thing that here may work out any ridiculous or risky strategy.
Am loving it here, the financial tips are timely and if inculcated can help one to build their finances.
Yeah they are great tips. Like Warren Buffet say save before you consume. This really makes you earn good because you have to survive in the money allocated for consumption. Also as you know one should stay very optimized in terms of consuming and should keep the budget constraint in the mind before making the consumption decisions. This really helps you go good in the market.
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.
Am loving it here, the financial tips are timely and if inculcated can help one to build their finances.
Spending beyond one's earning is the very definition of financial disaster. It might be shiny and all Rosy on the payday but one should forget that bullish market runs just for a season. The bad days might just be lurking
These are all important and timely reminders for everyone specially to all bitcoin user and spender when one get their bounty token and earned a lot this is a great strategy for all of us not to spend a lot beyond our means.
This is insightful, one needs to cultivate the habit of saving and setting goals.. Saving can be very hard especially for minimum wage earners, but one can still try.
For real, it is a habit that needs to be cultivated and that comes with a lot of self-discipline and the need for one to know the importance of having goals and planning everything possible to achieve those goals.For instance, having a goal where you have at least 5 businesses for multiple streams of income coming for you will make you to realize the importance of saving towards that and would give you a guideline as to how to sacrifice now for the future. Savings is not hard as long as you can limit your expenses or cut your coat according to your size.
If you cannot afford to live in a 3 bedroom, do not; if you cannot afford a lambo, then don't; it is important to always live life one can afford. For those who like to impress, the problem is that in one's old age, they won't be there when such a person is living in penury. Planning for the retirement age starts from when you are still young.
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.
The market of cryptocurrency is volatile and i think that every time the market prices are pumping up then you should always save some cash by exchanging your coins into fiat and from there you can have extra cash for the emergency purposes.
Make an education fund long before you get additional time to invest. Even if you need to make educational investment funds before you plan.
Additional few years can ease your mortgage, or can enlarge your investment return.
Quite funny though that so many people would rather focus more on spending and filling up more debt space than investing. Goal is important in life and if this is not there, most people will just keep blowing here and there without any plans for the future. Self-discipline helps a lot and that is only applicable to those who have an aim in life and want to achieve it.Additional few years can ease your mortgage, or can enlarge your investment return.
Savings, investments, are the things that make the best plan for one's finance in the future otherwise, it will just keep coming from the right and moving out from the left as that is how easy it is for money movement when one is just busy spending.
Make an education fund long before you get additional time to invest. Even if you need to make educational investment funds before you plan.
Additional few years can ease your mortgage, or can enlarge your investment return.
Quite funny though that so many people would rather focus more on spending and filling up more debt space than investing. Goal is important in life and if this is not there, most people will just keep blowing here and there without any plans for the future. Self-discipline helps a lot and that is only applicable to those who have an aim in life and want to achieve it.Additional few years can ease your mortgage, or can enlarge your investment return.
Savings, investments, are the things that make the best plan for one's finance in the future otherwise, it will just keep coming from the right and moving out from the left as that is how easy it is for money movement when one is just busy spending.
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.
* SAVE FIRST BEFORE SPENDING
* SET SOME GOALS
My golden dream has always been earning so much money so that I could forget about all those financial tips * DONT SPEND BEYOND WHAT YOU EARN.
* SAVE FIRST BEFORE SPENDING
* SET SOME GOALS
Despite the fact that over the past year I started earning like 4-5 times more than I used to I still always lack money because there are so many thing to buy for my home and for myself.
Even with that level of income I don't think I will ever be able to save something, so the main goal is to earn even more.
Money is something that can change your outlook, the way you spend money and it can make you successful or otherwise. Therefore I believe that spending should be done very seriously. Many times people spend money on unwanted things and when they lose everything they realize they have made a mistake. So, spending should be controlled and investment should be done wisely.
I am grateful with these 3 tips you’ve gave. Just three steps for having a good finacial, but it’s quite not easy for us to practice. Because as you know that if it’s easy to do, probably all people in this market will never in poverty, instead of they will be richer. Truly, we have to give it great effort to pull off this plan. Often I do these 3 tips, but I almost can’t balance. Especially, I’m usually out of my goal, which makes me miss so many chance for a big benefit. Anyway, both three tips are really useful, I hope that everyone will practice it well so that controlling finance in good way.
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.
I find your idea very helpful and practical. This is so important especially that life is tough. Now a days, with all the material things that lure our eyes it is very easy to fall in love and spend our money or swipe our credit cards knowing in mind that its gonna be a little more than we can earn. We just have to set our minds that this are only material things and we do not have to buy what is latest and most expensive because at the end of the day, we or your family will suffer. Better to invest what you can to something that will give you profit in the future. * 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.
This is a good and positive suggestion.Three of these tips become an encouragement for beginners to try and work hard. We should save money early before the money runs out for our consumption.
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