How to save money. - page 138. | Bitcointalksearch.org

avatar_kiyoshi

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Quote from: luciann on August 24, 2015, 07:05:53 PM

Quote from: kenbytes on August 24, 2015, 06:39:09 PM

The best way to save is to spend less and save more...and do more busines ore something

)

Spend less I get, but save more?

I thought the purpose is to spend money eventually, cause whats the point if youre 60 years old and barely touching the money when you know you can die from anything.

What can i see in this case is, the best to save money is invest in something really important, like OP said in 1st way, the advice is helpful.
just save money is means nothing, at least you will spend it, i'm sure.

Don007

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Quote from: tommorisonwebdesign on August 27, 2015, 02:22:50 PM

Quote from: Don007 on August 25, 2015, 10:23:37 AM

Quote from: Santoso on August 25, 2015, 09:02:47 AM

Nice advice. I am also looking for a way to save money. I don't know why it is so easy to spend money for buying things that is not so necessary. While the things we need the most and needed big amount of money we feel so hard to do savings and the worst is in the end we take loans on banks. Need to change before it becomes a habit Cheesy

I think it is a good start for all of us if we do not take any loans on the bank (except a possible mortgage) or use a credit card. This is actually the worst way to spend money because of the interest you have to pay. And even with regard to mortgages, please spend a lot of time looking for which kind of mortage is the best for YOU! Remember, what mortgage is the best for you according to the bank, often is not the best for you but the best one for the bank..

Nowadays also crowd-funding websites arise for providing people loans. Maybe we all should look more into those websites and leave banks as they are.

Credit cards are a death sentence. The best thing to do if you have a credit card with debt is to cut them up and stick to spending debit and cash only. It always cost way more money to pay for everything ever. If it were not needed to travel, I would not have one.

I definately agree with you, although the guarantees of using Credit Cards are nice. However, as this costs a premium, I would not suggest you to use one. In fact, most people are spending money with their CC which they don't even have: spend the money you have. The same applies for people loaning money to buy for example a car. Don't! Save money and buy a car with the money you own by yourself.

There is no need to drive the nicest or fastest cars. In fact, even a few dents in your car does not matter: this can save you thousands of dollars!

tommorisonwebdesign

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Quote from: Don007 on August 25, 2015, 10:23:37 AM

Quote from: Santoso on August 25, 2015, 09:02:47 AM

Nice advice. I am also looking for a way to save money. I don't know why it is so easy to spend money for buying things that is not so necessary. While the things we need the most and needed big amount of money we feel so hard to do savings and the worst is in the end we take loans on banks. Need to change before it becomes a habit Cheesy

I think it is a good start for all of us if we do not take any loans on the bank (except a possible mortgage) or use a credit card. This is actually the worst way to spend money because of the interest you have to pay. And even with regard to mortgages, please spend a lot of time looking for which kind of mortage is the best for YOU! Remember, what mortgage is the best for you according to the bank, often is not the best for you but the best one for the bank..

Nowadays also crowd-funding websites arise for providing people loans. Maybe we all should look more into those websites and leave banks as they are.

Credit cards are a death sentence. The best thing to do if you have a credit card with debt is to cut them up and stick to spending debit and cash only. It always cost way more money to pay for everything ever. If it were not needed to travel, I would not have one.

nerFohanzo

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Quote from: mattiadeabtc on August 25, 2015, 06:14:44 AM

buy low, sell high, and put the profit in the piggy bank

Every time you cannot be dependent on it that every time you would earn profit out of it, So I don't think that it is an good idea to save money, but you should be having a concrete way to save money which could be profitable for you in the future, and the best way to save money is by avoiding unwanted expenses and that is the best way to save money.

Dotakels

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Quote from: Santoso on August 25, 2015, 09:02:47 AM

Nice advice. I am also looking for a way to save money. I don't know why it is so easy to spend money for buying things that is not so necessary. While the things we need the most and needed big amount of money we feel so hard to do savings and the worst is in the end we take loans on banks. Need to change before it becomes a habit Cheesy

Hahahah good decision Cheesy

i am so glad that i helped some people who don't know what their going to do with their money like you, this advice will help you to prevent to spend all of your money without saving, because if you already spent it you will not have an extra money for some emergencies and urgently.

Don007

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Live like there is no tomorrow!

Quote from: Santoso on August 25, 2015, 09:02:47 AM

Nice advice. I am also looking for a way to save money. I don't know why it is so easy to spend money for buying things that is not so necessary. While the things we need the most and needed big amount of money we feel so hard to do savings and the worst is in the end we take loans on banks. Need to change before it becomes a habit Cheesy

I think it is a good start for all of us if we do not take any loans on the bank (except a possible mortgage) or use a credit card. This is actually the worst way to spend money because of the interest you have to pay. And even with regard to mortgages, please spend a lot of time looking for which kind of mortage is the best for YOU! Remember, what mortgage is the best for you according to the bank, often is not the best for you but the best one for the bank..

Nowadays also crowd-funding websites arise for providing people loans. Maybe we all should look more into those websites and leave banks as they are.

Santoso

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Nice advice. I am also looking for a way to save money. I don't know why it is so easy to spend money for buying things that is not so necessary. While the things we need the most and needed big amount of money we feel so hard to do savings and the worst is in the end we take loans on banks. Need to change before it becomes a habit Cheesy

mattiadeabtc

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buy low, sell high, and put the profit in the piggy bank

oxiyusuf

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Quote from: HarHarHar9965 on August 25, 2015, 12:37:03 AM

Quote from: luciann on August 24, 2015, 06:37:09 PM

Quote from: iqlimasyadiqa on August 22, 2015, 01:02:26 PM

I think it's better to save the money to buy her something more tangible such as gold and also the home. because if you invest here you will be quite difficult to sell the goods and also every time will be ascending. If I were you I choose to invest like this

Unless you buy the goods into those traditional form.

Remember there was a guy who bought a house for 100 btcs or some ridiculous amount. I know most home buyers wouldnt take the plunge unless they knew the price of bitcoin was back in the 1000`s.

I'm ready to pay 100 btc for a house, please sell it to me Tongue

Looking at the price rate of today, I would get the home in 20526.00 US Dollar which is a pretty sweet deal, so please I am waiting, where you at Tongue

Still can't believe who bought a home at 100BTC when 1BTC was 1000$, he bought a home for 1000 x 100= 100,000$, which is not as sweet a deal now, is it? Cheesy

Good logic, but bitcoiner certainly have views, estimates, and a different mind, only do that if you think it's good, if lost yes that's bitcoin

HarHarHar9965

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Quote from: luciann on August 24, 2015, 06:37:09 PM

Quote from: iqlimasyadiqa on August 22, 2015, 01:02:26 PM

I think it's better to save the money to buy her something more tangible such as gold and also the home. because if you invest here you will be quite difficult to sell the goods and also every time will be ascending. If I were you I choose to invest like this

Unless you buy the goods into those traditional form.

Remember there was a guy who bought a house for 100 btcs or some ridiculous amount. I know most home buyers wouldnt take the plunge unless they knew the price of bitcoin was back in the 1000`s.

I'm ready to pay 100 btc for a house, please sell it to me Tongue

Looking at the price rate of today, I would get the home in 20526.00 US Dollar which is a pretty sweet deal, so please I am waiting, where you at Tongue

Still can't believe who bought a home at 100BTC when 1BTC was 1000$, he bought a home for 1000 x 100= 100,000$, which is not as sweet a deal now, is it? Cheesy

MinerHQ

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Quote from: luciann on August 24, 2015, 07:05:53 PM

Quote from: kenbytes on August 24, 2015, 06:39:09 PM

The best way to save is to spend less and save more...and do more busines ore something

)

Spend less I get, but save more?

I thought the purpose is to spend money eventually, cause whats the point if youre 60 years old and barely touching the money when you know you can die from anything.

Save more means either you should evaluate your current spendings and reduce it to save more or increase your earnings to save more.

unholycactus

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Quote from: luciann on August 24, 2015, 07:05:53 PM

Quote from: kenbytes on August 24, 2015, 06:39:09 PM

The best way to save is to spend less and save more...and do more busines ore something

)

Spend less I get, but save more?

I thought the purpose is to spend money eventually, cause whats the point if youre 60 years old and barely touching the money when you know you can die from anything.

I agree with you, be frugal in some parts of your life to spend more in others. It's somewhat useless to hoard money without a plan.

luciann

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Quote from: kenbytes on August 24, 2015, 06:39:09 PM

The best way to save is to spend less and save more...and do more busines ore something

)

Spend less I get, but save more?

I thought the purpose is to spend money eventually, cause whats the point if youre 60 years old and barely touching the money when you know you can die from anything.

kenbytes

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The best way to save is to spend less and save more...and do more busines ore something

)

luciann

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Activity: 252

Merit: 250

Quote from: iqlimasyadiqa on August 22, 2015, 01:02:26 PM

I think it's better to save the money to buy her something more tangible such as gold and also the home. because if you invest here you will be quite difficult to sell the goods and also every time will be ascending. If I were you I choose to invest like this

Unless you buy the goods into those traditional form.

Remember there was a guy who bought a house for 100 btcs or some ridiculous amount. I know most home buyers wouldnt take the plunge unless they knew the price of bitcoin was back in the 1000`s.

lissandra

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Quote from: ?? on ??

its so hard to save in the first time. But if you continue or keep having a patience you can save. Just follow my idea and you can save as much as you can.

Its good to form good habits.

But eventually you`ll come to realize that its better to earn more then to save a frugal style. Money is meant to be spent while youre alive not when youre dead is the saying, but yeah everyone see it differently.

Don007

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Live like there is no tomorrow!

Quote from: SimpleIn on August 24, 2015, 02:29:47 PM

Money should always be on the move. They should work for you, and so do not see the point of simply store. The best way is to put them into action.

I would like to hear your view on this.

I don't really agree with you, as I suggest EVERYONE to got some spare money (in order to be able to cover unexpected costs).. Otherwise you will have to loan money etc.

SimpleIn

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Money should always be on the move. They should work for you, and so do not see the point of simply store. The best way is to put them into action.

HarHarHar9965

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Quote from: n2004al on August 24, 2015, 07:55:37 AM

Quote from: oxiyusuf on August 24, 2015, 05:30:11 AM

Quote from: MinerHQ on August 24, 2015, 03:18:37 AM

Quote from: HarHarHar9965 on August 23, 2015, 12:12:07 PM

Quote from: Shinpako09 on August 23, 2015, 10:31:19 AM

Save it in a bank and stay away from gambling coz it can make your life worst

The only reason I am into bitcoins is because I want to have the control of my own financial operations and act like a bank, just what bitcoin allows me to do, so I would rather save it in crypto than a bank which gives me minimum returns over long periods. About Gambling, yeah no.. Gambling made my life much better: You win some, you lose some. Deal with it bruh

I think you should understand the difference between saving and investing. Your savings in bank will always remains same or add up small % of interest to it in some countries but if you invest in btc there are chances you can gain or loose more also. No guaranty of your returns when you need it.

You can choose an investment that if it's real or not real at least the organizer is a person who can be believed, it could reduce the risk of losing your bitcoin

It is easy to tell this but can you tell me someone trusted in internet to whom I can trust my bitcoin? And how you will be sure about your suggestion? What factors you will analyse to make your decision. It is all online and as such untouchable.

y'all need to take a chill pill, I've diverted my savings as well as my investments and kept everything organized if anything goes wrong, I have financial back ups and statements which protect and guard my privacy legally. As about investing, I like to invest in bitcoin related businesses rather than just bitcoin, and right now I think I am doing well, not so worried about things atm

wxa7115

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Quote from: centauribit on August 24, 2015, 12:58:53 PM

When it comes to saving it's a matter whether one has the discipline to do it. I believe in only spending when it is necessary. The worst is taking loans to buy stuff that depreciate in value.

True but very few have that discipline, easy and cheap credit has erased that from the consciousness of the people. Just a few generations ago, this will have been unthinkable.

Topic: How to save money. - page 138. (Read 345783 times)