Topic: How to save money. - page 134. (Read 345824 times)

great! you just saved yourself a few bucks after taking away the pleasure of watching tv. btw... only people at home without work fall for home shopping ads on tv.

One big way to save money is to drastically cut down on the amount of television you watch. There are a lot of financial benefits to this, less exposure to spending inducing ads, a lower electric bill and perhaps a lower cable bill if you downgrade your subscription more time to focus on other things in life — such as a side business — and so on.

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 .

I agree with you, like i say above, create your own vault with a unique wallet and print it
that good for save money with safety place

Yes do not buy items which is not necessary for your daily needs and save those money. This the best way to save money.

You'll only "loose" money if the inflation is higher than the interest you receive on the amount of money on your bank account. (Minus the possible tax). That's not always straight forwards.

Even metals fluctuate in value.. So that's not always the best choice.

That is true. Start up a piggy bank and put your loose coins in the jar. If you let it accumulate over time, you will more likely than not save over $200. Also, cut back on expenses you don't need. One of the things I do to save money is to go around the community and eat in community centres that offer free food to the public. With some creativity, there are lots of ways to save money.

Saving money requires discipline, if the money you saved can be easily withdrawn, you'll be tempted to get your money little by little until you never noticed it's all gone. Just like saving coins in a piggy bank, never try to pick your piggy bank to get a few coins.

You could try saving your money (coins) into a physical coin vault. Similar to a paper wallet, or a trezor (I guess) your coins are safely stored in there. 

don't spend on things you don't really need. that's my simple rule for saving money

don't spend on things you don't really need. that's my simple rule for saving money

If you avoid gambling you are 100% sure that your money will not lose. And we can live without gambling our money, remember that you will win in gambling in your starting time later on you will notice that you are losing big money and you will blame yourself.

Why you should avoid gamble when you have a chance to win big? I know it is hard to stop when you win you will have more refresh mind and can think clearly. Btw you can divide your income like 10% for gambling 50% saving or invest and the rest is for emergency in case. With this I guess you can save enough and try to make some income and outcome book to know how much can you save and earn. This method is great enough though