Topic: How to save money. - page 155. (Read 345824 times)

They're out there. If you'd got in on the ground floor with NXT you could've turned 1.5 BTC when it was sub $150 into 5% of an eventual $100 million market cap at its peak. That's almost all paper profits of course but still a very nice ongoing drip feed if you weren't too impatient or greedy.

What kind of alts are you investing at where you expect a rate of return of 1000%+?? you are saying you expect to go from a few $ to thousands of thousands... I don't remember many altcoins that gave such returns for such a small first investment.

6%-7%?! Tell me where to get it. Here, in the Netherlands, you can be glad when you have 1% interest on your bank savings now.. It really sucks, especially because we're obligated to pay tax about your income from interest (which is 1,2% of your savings..) and because of inflation.

Investing is likely to lead to a bigger profit, but there's a bigger risk too.

Choosing a bank account to save your money is great but it got low interest. You only got around 6-7% per year and you need to put in a good amount to get bigger profit. And why dont you try to make some investment? You can get bigger profit rather than let them stayed in your bank. Although there is a risk through it but it is worth to try

The best way to save is to spend less and save more. Choose a bank account with more advantage of perks along with more interest. Don’t spend huge money for entertaining yourself. Spend less money on beverages drink and cigs if you smoke. Cutting down on holiday vacations also helps a lot.
If you have a habit of getting into trouble with credit cards its a better choice to quit using a credit card except for emergencies.
Last thing i would suggest is to always look ahead 

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 .

Unfortunately fast foods and other crap foods tend to be quite cheap from the other hand fruits and vegetables are not exactly cheap and more of a luxury food for many.
Smoking is just bad I agree, but when I quit smoking, drinking, coffee and some other stuff what for I will live? I did not get that car part, because you can't get rid of car insurance and other taxes really.
Credit cards are cancer - I fully agree. Stop living your life for credit!