Topic: How to save money. - page 116. (Read 345783 times)
Try to cut your expenses by spending less on services such as Internet service provider, phone service, and satellite TV service. Just choose the things that you really need and can afford to pay. If you do this, you will play right and save money for the long term. Just my opinion.
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.
I am trying to survive now with just 20 dollar food for a week. If I survive doing that than is easy to save.
This might be doable if you are only feeding yourself and you are in a third world country like ours. But if you have family members to feed too, this is a very tight budget. You might be eating rice and egg for breakfast, lunch and dinner. But I am sure others survived with less so this is not impossible. Good luck to you.
Yes true with family is really hard. But if you are studyiing than yes you can do this.
It is actually good idea maybe for family 50 - 100 dollar a weak. Atleast 50 dollar.
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.
I am trying to survive now with just 20 dollar food for a week. If I survive doing that than is easy to save.
This might be doable if you are only feeding yourself and you are in a third world country like ours. But if you have family members to feed too, this is a very tight budget. You might be eating rice and egg for breakfast, lunch and dinner. But I am sure others survived with less so this is not impossible. Good luck to you.
you save by investing too and buying things as consumpion for you but you safe the spare one into future think future think btc think money and you need more aand more you never save enought soo pealse try to live into happy mode by haveing a few for each day and saving if you have 10 spend only 7 save 3 per day
Saving money = not spending it 
Not spending it? Maybe it would be better to say do not spend your money in not so important thing. Just spend it in important matter/things. Coz no one is not spending their money. Wether you like it or not you will spend your money.save money = know which the priorities.
because if you do not spend your money, you're just torturing yourself
Saving money = not spending it
Not spending it? Maybe it would be better to say do not spend your money in not so important thing. Just spend it in important matter/things. Coz no one is not spending their money. Wether you like it or not you will spend your money.Saving is not to spend it. The savings will be spent later. It is better to increase the spending power in the saving process by investing wisely.
Well that's is clear to everyone, without money you can't save anything, the original topic was assuming that you had money in the first place, to proceed to save a small portion of it is better to invest them.
You need to calculate the risk and reward for this, if the risk is lower you have found your good investment and you can invest without worry too much, if you end up losing anyway, you will go to another investment with less risk and so on, in the end, seeing that the chances are with you, you will earn money on top of your saving. I think that you need to move you saving to save even more money, leaving them sit under your pillow isn't a good idea.
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.
I am trying to survive now with just 20 dollar food for a week. If I survive doing that than is easy to save.
That's not a lot of money but big up for you. I am more at 15 USD a day and that excludes expenses like; shopping, rent etc.
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.
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 am trying to survive now with just 20 dollar food for a week. If I survive doing that than is easy to save.
Depends on the situation and numbers of person in the family.
Didn't you know that I can budget $20 / week for foods only. And take note, it includes lots of extra rice lol and sometimes has an extra budget for misc.
Proper savings really must. Dedicate yourself.
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.
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 am trying to survive now with just 20 dollar food for a week. If I survive doing that than is easy to save.
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.
I am trying to survive now with just 20 dollar food for a week. If I survive doing that than is easy to save.
The important thing to save money is to have patience. Buying unnecessary things, that too through credit is the bad part. Say, Gadgets are kind of unnecessary luxury which has a depreciation with time being. Younger generation spend too much and save nothing.
Some people says why you should save money ? if you don't spend your money, you will not be able to get more.hence i am trying to save money too.I created a Bank account and I can't withdraw from there at least for 5 Years so i just deposit money there and saving.
But you can save money give it to trusted person he or she will just hold for you.Also create an bank account like me? but just don't save all your money.Spend your money and be happy.God will give you more if you spend more
But you can save money give it to trusted person he or she will just hold for you.Also create an bank account like me? but just don't save all your money.Spend your money and be happy.God will give you more if you spend more
I have been reading a lot of books about investing and saving, most of them goes like this: It takes money to make money and Do not put your money on the bank. It just sleeps there and die in inflation.
The only money you put in your bank is your emergency or rainy days money. This is the money you use in case you got hospitalized or suddenly cut from job. The other money you have, you put to work through investments or anything that creates more wealth. You do not let them sleep in your pocket, or banks or trust them to other people. How do you choose which investments to join? It is your assignment. It is up to you to research which investments fits you the most. But whatever you chose, you have to make your due diligence.
Saving money = not spending it
Not spending it? Maybe it would be better to say do not spend your money in not so important thing. Just spend it in important matter/things. Coz no one is not spending their money. Wether you like it or not you will spend your money.Saving is not to spend it. The savings will be spent later. It is better to increase the spending power in the saving process by investing wisely.
Diversify your investments on reliable companies and save a quarter (1/4) of your earnings into a savings account. Then, make a spreadsheet of all your income and expenses to keep track of your funds for a better financial life. Also, make sure to have an emergency fund, just in case you lose your job. Just my opinion.
Saving money = not spending it
Not spending it? Maybe it would be better to say do not spend your money in not so important thing. Just spend it in important matter/things. Coz no one is not spending their money. Wether you like it or not you will spend your money. Saving money = not spending it
or investing in something that you know will increase in value at least at 70% of chances, like bitcoin
I think you understood the meaning of saving wrongly because to invest money in bitcoin one must save money first before investing. So one have to either reduce their expenses to save money or increase their earning to save money. I think the better one is try to find more ways to earn money to save more.
everyone is saving at least a portion of it's fortune for the future, it's mandatory nowadays, this saving can be increased if you invest in something, not leaving it there to be eaten by inflation
leave money doing nothing it's almost always a bad thing, especially in fiat...
In regards of saving money, I myself ordered a minted wallet from ognasty along with some online seats with it. I will occasionally send some dust on it as well. Just to see how much I can scrape up before I sweep it.
But saving money for investment is not really a good deal, if you have a good investment opportunity, just take a loan. It's faster, easier and you can invest a real amount of money (not just a few thousands dollars). I invested in house location, i borrowed 150 000 euros and built a house then rent it. It covers 95% of the loan payment and i pay the rest.
But i suppose it depends a lots on your personal situation and xhere/how you live
But i suppose it depends a lots on your personal situation and xhere/how you live
We cannot be sure if an investment is a no loss investment. If we lose the investment on the borrowed money, we will have problem paying back the loans.
How to save money is a question which can give a thousand of answers. It depends of real situation, but basic is to understand your earnings and make a balance between what you is your income and outcome. Everyone has some standard cost of living. This is a must, if there is something left, then you can start make some savings. There is no miracle behind.
I strongly disagree with your point of vue. I think saving money is not something really important.
Maybe it's because i'm French so i don't have to care about "medical emergencies" as you say, cause of course if you're not reinboursed by your gvt you're right it's important to save some money in case you or one that you love needs it :/
But saving money for investment is not really a good deal, if you have a good investment opportunity, just take a loan. It's faster, easier and you can invest a real amount of money (not just a few thousands dollars). I invested in house location, i borrowed 150 000 euros and built a house then rent it. It covers 95% of the loan payment and i pay the rest.
But i suppose it depends a lots on your personal situation and xhere/how you live
Maybe it's because i'm French so i don't have to care about "medical emergencies" as you say, cause of course if you're not reinboursed by your gvt you're right it's important to save some money in case you or one that you love needs it :/
But saving money for investment is not really a good deal, if you have a good investment opportunity, just take a loan. It's faster, easier and you can invest a real amount of money (not just a few thousands dollars). I invested in house location, i borrowed 150 000 euros and built a house then rent it. It covers 95% of the loan payment and i pay the rest.
But i suppose it depends a lots on your personal situation and xhere/how you live
Saving money is great, but there is always the need to invest it, otherwise your money will remain static. Nevertheless, you save when you don't spend your hard earned cash on things you don't need. Also, trying looking for cheap ways to buy a product. For example, if buying an iPhone on Amazon for $299, but you saw it on eBay for less, then the best choice would be the cheap one. Just my opinion.
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