Topic: How to save money. - page 115. (Read 345824 times)

Well yes you can but only if you don't have family because is really impossible to do that. And 80 dollar  is so easy I will recomment you to follow this man because he can survive 20 dollar in a week.

Well you can start watching this: https://www.youtube.com/watch?v=qiSg6lwIItU just 3 dollar a day.

But ofcourse not included the home, gas and water or more. Just food with this you can save alot of money.

This is my first post. Please do respect

My post intention is to help readers to save their money.

Some of the employee are not saving their money. They spend it on things that they dont need. For example gadgets,buying a concert ticket, accesories, etc.Buying things that not they need is also like a wasting money. Because this thing give a happiness  not a good life. Saving money is just like securing your future because your savings can help you in emergencies. These are the way to save money .
If you are empolyee. You must save atleast 20% of your salary. The 20% of your salary divides into two .


The 1st way : cash reserves- medical insurance, retirement, life insurance  and if you not have salary yet. And emergency. But dont spend all of you 10% in this emergency. You must know if the injury is serious o not before you spend the 10%.
The cash reserves must equal of your 6 months salary this will help you and ensure you becauas of you loss your job you have extra money .

The 2nd way : investment, business- you can invest in some company so that you have a extra income. And you can also built a small business that will always have an income like apartment.

Example. My wage is $ 7.5 per hour and i work for 8 hours and i work for 20 days. So thar my salary is $1,160 . The 20% of $1,160 is $232 .
So that my cash reserves is $ 116 i can spend this money in emergencies and medical insurance.
If my 6 month salary is $6,960 i can stop my saving money in cash reserves.
 

Thank you .

can i ask in what country you can live with just $80 per month? seems very low and impossible, the lowest i've seen was 150 and was just unbelievable...

now the next one will tell us that he can live without money, yes if you live among those tribe that live i the forest, here we also talk about a comfortable living...

can i ask in what country you can live with just $80 per month? seems very low and impossible, the lowest i've seen was 150 and was just unbelievable...

now the next one will tell us that he can live without money, yes if you live among those tribe that live i the forest, here we also talk about a comfortable living...

And I wonder if this topic is about saving by cutting expenses, or saving money through interesting investments?

Geography matters, cost of living varies from place to place. In few places $20 a week is enough for the basic amenities.

Well, if you trying to survive with just $20/week which is $2.85/day. It's nearly impossible, even in a country that has a cheap foods. And also, you need to have a shelter/home for place to stay.

Well, if you trying to survive with just $20/week which is $2.85/day. It's nearly impossible, even in a country that has a cheap foods. And also, you need to have a shelter/home for place to stay.

I just buy what I need. I don't get so much stuff because why should I if I still have good food and cloths.

I am trying to survive now with just 20 dollar food for a week. If  I survive doing that than is easy to save.