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Topic: How to save money. - page 168. (Read 345783 times)

Dotakels
sr. member
Activity: 490
Merit: 255
Re: How to save money.
May 06, 2015, 06:29:19 AM
#324

Quote from: GreenStox on May 05, 2015, 11:49:32 PM
Quote from: Dotakels on May 05, 2015, 10:15:38 PM
Quote from: bajing on May 04, 2015, 08:16:52 AM
Quote from: Dotakels on May 04, 2015, 07:06:55 AM
Quote from: Nick Markus on May 04, 2015, 03:36:00 AM
You can also get a second job. And by the way having a goal is crucial, because otherwise saving will be meaningless.
How do you say that having a goal is crucial and savings is meaningless. Having a goal will added to your willingness to save. This would help your patient. But it will become meaningless if theirs something happened and you need to pull out a money like emergencies.
.
yeah better the deposit on bank or insurance. i think that's option for save he money
Insurance are been deducted to your salary every month. You will get your insurance if theres something happen to you or their an accident and if thats not happened you can get your money when you are retired.

You get your money back when you retired? I dont think so which world you live on. The insurance company just keeps paying others with that money. If you would get it back, that would be a ponzi scheme, if you dont then thats just a socialist thing.

Of course if its voluntary insurance, i dont care, but most of the times governments force you to have insurance.
I am live in phillipines and there are different insurance like medical insurance, life insurance, and general insurance etc. But if you have a life insurance for sure you can get your money if you are retired.
GreenStox
sr. member
Activity: 1148
Merit: 252
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Re: How to save money.
May 06, 2015, 01:10:24 AM
#323
Quote from: unholycactus on May 06, 2015, 12:09:10 AM
Quote from: GreenStox on May 05, 2015, 11:49:32 PM
Quote from: Dotakels on May 05, 2015, 10:15:38 PM
Quote from: bajing on May 04, 2015, 08:16:52 AM
Quote from: Dotakels on May 04, 2015, 07:06:55 AM
Quote from: Nick Markus on May 04, 2015, 03:36:00 AM
You can also get a second job. And by the way having a goal is crucial, because otherwise saving will be meaningless.
How do you say that having a goal is crucial and savings is meaningless. Having a goal will added to your willingness to save. This would help your patient. But it will become meaningless if theirs something happened and you need to pull out a money like emergencies.
.
yeah better the deposit on bank or insurance. i think that's option for save he money
Insurance are been deducted to your salary every month. You will get your insurance if theres something happen to you or their an accident and if thats not happened you can get your money when you are retired.

You get your money back when you retired? I dont think so which world you live on. The insurance company just keeps paying others with that money. If you would get it back, that would be a ponzi scheme, if you dont then thats just a socialist thing.

Of course if its voluntary insurance, i dont care, but most of the times governments force you to have insurance.

Insurance companies invest the money you give them and keep the change. It's their incentive to do business.

Unless you think you can invest your money better than an organisation whose sole purpose is to generate money, insurance isn't a ponzi or a socialist thing.

Or not. Did you forgot about AIG?

They invest in toxic instruments, then if the economy crashes, tax money is paid to bail them out. Yes your investment is also insured, but what if there is a sistematic collapse. The whole money is evaporated and you are left with empty promises.

The risk of systematic collapse grows with each penny the central banks print.
unholycactus
legendary
Activity: 1078
Merit: 1024
Re: How to save money.
May 06, 2015, 12:09:10 AM
#322
Quote from: GreenStox on May 05, 2015, 11:49:32 PM
Quote from: Dotakels on May 05, 2015, 10:15:38 PM
Quote from: bajing on May 04, 2015, 08:16:52 AM
Quote from: Dotakels on May 04, 2015, 07:06:55 AM
Quote from: Nick Markus on May 04, 2015, 03:36:00 AM
You can also get a second job. And by the way having a goal is crucial, because otherwise saving will be meaningless.
How do you say that having a goal is crucial and savings is meaningless. Having a goal will added to your willingness to save. This would help your patient. But it will become meaningless if theirs something happened and you need to pull out a money like emergencies.
.
yeah better the deposit on bank or insurance. i think that's option for save he money
Insurance are been deducted to your salary every month. You will get your insurance if theres something happen to you or their an accident and if thats not happened you can get your money when you are retired.

You get your money back when you retired? I dont think so which world you live on. The insurance company just keeps paying others with that money. If you would get it back, that would be a ponzi scheme, if you dont then thats just a socialist thing.

Of course if its voluntary insurance, i dont care, but most of the times governments force you to have insurance.

Insurance companies invest the money you give them and keep the change. It's their incentive to do business.

Unless you think you can invest your money better than an organisation whose sole purpose is to generate money, insurance isn't a ponzi or a socialist thing.
GreenStox
sr. member
Activity: 1148
Merit: 252
Undeads.com - P2E Runner Game
Re: How to save money.
May 05, 2015, 11:49:32 PM
#321
Quote from: Dotakels on May 05, 2015, 10:15:38 PM
Quote from: bajing on May 04, 2015, 08:16:52 AM
Quote from: Dotakels on May 04, 2015, 07:06:55 AM
Quote from: Nick Markus on May 04, 2015, 03:36:00 AM
You can also get a second job. And by the way having a goal is crucial, because otherwise saving will be meaningless.
How do you say that having a goal is crucial and savings is meaningless. Having a goal will added to your willingness to save. This would help your patient. But it will become meaningless if theirs something happened and you need to pull out a money like emergencies.
.
yeah better the deposit on bank or insurance. i think that's option for save he money
Insurance are been deducted to your salary every month. You will get your insurance if theres something happen to you or their an accident and if thats not happened you can get your money when you are retired.

You get your money back when you retired? I dont think so which world you live on. The insurance company just keeps paying others with that money. If you would get it back, that would be a ponzi scheme, if you dont then thats just a socialist thing.

Of course if its voluntary insurance, i dont care, but most of the times governments force you to have insurance.
Dotakels
sr. member
Activity: 490
Merit: 255
Re: How to save money.
May 05, 2015, 10:15:38 PM
#320
Quote from: bajing on May 04, 2015, 08:16:52 AM
Quote from: Dotakels on May 04, 2015, 07:06:55 AM
Quote from: Nick Markus on May 04, 2015, 03:36:00 AM
You can also get a second job. And by the way having a goal is crucial, because otherwise saving will be meaningless.
How do you say that having a goal is crucial and savings is meaningless. Having a goal will added to your willingness to save. This would help your patient. But it will become meaningless if theirs something happened and you need to pull out a money like emergencies.
.
yeah better the deposit on bank or insurance. i think that's option for save he money
Insurance are been deducted to your salary every month. You will get your insurance if theres something happen to you or their an accident and if thats not happened you can get your money when you are retired.
torrentheaven
hero member
Activity: 952
Merit: 1000
Re: How to save money.
May 05, 2015, 03:50:32 PM
#319
If you want to save money then i think its better to invest in some safe plans may be insurance or some saving investments plans offered by banks which will not give you higher returns but atleast you will something rather then going for high risks.
bajing
legendary
Activity: 1176
Merit: 1001
The most Professional Cryptocurrency Casino
Re: How to save money.
May 04, 2015, 08:16:52 AM
#318
Quote from: Dotakels on May 04, 2015, 07:06:55 AM
Quote from: Nick Markus on May 04, 2015, 03:36:00 AM
You can also get a second job. And by the way having a goal is crucial, because otherwise saving will be meaningless.
How do you say that having a goal is crucial and savings is meaningless. Having a goal will added to your willingness to save. This would help your patient. But it will become meaningless if theirs something happened and you need to pull out a money like emergencies.
.
yeah better the deposit on bank or insurance. i think that's option for save he money
Dotakels
sr. member
Activity: 490
Merit: 255
Re: How to save money.
May 04, 2015, 07:06:55 AM
#317
Quote from: Nick Markus on May 04, 2015, 03:36:00 AM
You can also get a second job. And by the way having a goal is crucial, because otherwise saving will be meaningless.
How do you say that having a goal is crucial and savings is meaningless. Having a goal will added to your willingness to save. This would help your patient. But it will become meaningless if theirs something happened and you need to pull out a money like emergencies.
Justine
full member
Activity: 169
Merit: 100
Re: How to save money.
May 04, 2015, 06:09:34 AM
#316
Utilize your free time and not to consume every penny what you earn.
Nick Markus
newbie
Activity: 42
Merit: 0
Re: How to save money.
May 04, 2015, 03:36:00 AM
#315
You can also get a second job. And by the way having a goal is crucial, because otherwise saving will be meaningless.
grandFX
legendary
Activity: 1890
Merit: 1007
Re: How to save money.
May 04, 2015, 02:42:23 AM
#314
Quote from: vencelylalas on May 03, 2015, 11:00:29 PM
nice advice.. now i can save more money than before.. thanks a lot  Cheesy

good news, we need to save our money and invest too.
my advice save your money 50-60% and invest 30-40%
godlyitems
full member
Activity: 224
Merit: 100
Re: How to save money.
May 04, 2015, 12:50:54 AM
#313
It's easy, if you use google there's many.
Save your loose change. Putting aside fifty cents a day over the course of a year will allow you to save nearly 40% of a $500 emergency fund.
Keep track of your spending. At least once a month, use credit card, checking, and other records to review what you've purchased. Then, ask yourself if it makes sense to reallocate some of this spending to an emergency savings account.
Dotakels
sr. member
Activity: 490
Merit: 255
Re: How to save money.
May 04, 2015, 12:42:02 AM
#312
Quote from: vencelylalas on May 03, 2015, 11:00:29 PM
nice advice.. now i can save more money than before.. thanks a lot  Cheesy
👳
Your welcome. Follow that advice and you not should worry about your future  Cheesy
vencelylalas
newbie
Activity: 8
Merit: 0
Re: How to save money.
May 03, 2015, 11:00:29 PM
#311
nice advice.. now i can save more money than before.. thanks a lot  Cheesy
GreenStox
sr. member
Activity: 1148
Merit: 252
Undeads.com - P2E Runner Game
Re: How to save money.
May 03, 2015, 09:32:13 PM
#310
Quote from: Dotakels on May 03, 2015, 08:41:21 PM

But if you are old one and you dont have any savings you wont shy if your son giving you a money evey month and your son have a family have 3 siblings and they are studing and he pay every month their bills and the unwanted payments.  you wont shy?

No thats a perfectly good thing to do, parents took care when you was a child, and now you pay them back and take care of them.

But that wasnt my point, my point was that other old guys are feeding of my paycheck, who are not my parents. I have no problem paying money to my parents, but i have problem paying to some idiot who wasted his whole live , unproductive to the society, and is not leeching off productive people.

See the crucial point in everyone's life is their 20's, if they dont do something in their 20's, they are much likely to be stuck in that place/income forever.

So why not lower the chances of succeeding, by making 20 year olds pay old hags who leech of our economy like parasites (and i`m not saying about unfortunate people, don't think i`m ruthless, i`m talking about those motherfuckers that either are still capable to work, but are lazy, or they waster their whole lives in bars drinking)

So why not destroy the % chance of young people to succeed in life by they having to pay the bills of strangers aswell? Paradise isnt it?
Dotakels
sr. member
Activity: 490
Merit: 255
Re: How to save money.
May 03, 2015, 08:41:21 PM
#309
Quote from: GreenStox on May 03, 2015, 07:02:25 PM
Quote from: BTCevo on May 03, 2015, 04:35:54 AM
Quote from: Dotakels on May 03, 2015, 01:42:18 AM
Quote from: GreenStox on May 02, 2015, 08:24:56 PM
Quote from: anonyymi on May 02, 2015, 07:32:39 PM
Look, saving is really easy. All you have to do is live frugal life: don't travel, don't buy cars, don't buy house.
Invest $1000 each month in stocks and you will be millionaire by 23 years.

Yea and miss most of your life, sure you would be millionaire by you are 50-60 but would you give up your youth for that?

Party girls, yacht, beach, champagne, in your 20s? Not really, i would prefer to hit the buck until i hit 30  Cheesy
Its ok to give up your youth because all people will get old. At least you have a lot of money to enjoy your retirement. Instead of some people who retired but they dont have savings and they only hoping for their son to give them money.

Nope, not all retired people like your parent always hope their son giving them money. Its just our duty as a child respect our parents by giving them money because they already raise us into some good people so we just returning the favor for them. Just spare some for them altough you didnt get so much profit, at least it will make them happy

Well thats outdated, nowadays young people can barely sustain themselves (because they pay the high taxes for the previous generations pension), and usually its their old parents that give money to the young people.

They are jobless , the government taxes them wrecklessly, and their career future is doomed with student loan. They dont even have money to buy a car. They either sign away their freedom to the banksters to get alot of loans, or they die on the streets as homeless (oh wait its illegal to be homeless  Grin)

Welcome to Socialism. Paradise on Earth (for the Banksters only).
But if you are old one and you dont have any savings you wont shy if your son giving you a money evey month and your son have a family have 3 siblings and they are studing and he pay every month their bills and the unwanted payments.  you wont shy?
GreenStox
sr. member
Activity: 1148
Merit: 252
Undeads.com - P2E Runner Game
Re: How to save money.
May 03, 2015, 07:02:25 PM
#308
Quote from: BTCevo on May 03, 2015, 04:35:54 AM
Quote from: Dotakels on May 03, 2015, 01:42:18 AM
Quote from: GreenStox on May 02, 2015, 08:24:56 PM
Quote from: anonyymi on May 02, 2015, 07:32:39 PM
Look, saving is really easy. All you have to do is live frugal life: don't travel, don't buy cars, don't buy house.
Invest $1000 each month in stocks and you will be millionaire by 23 years.

Yea and miss most of your life, sure you would be millionaire by you are 50-60 but would you give up your youth for that?

Party girls, yacht, beach, champagne, in your 20s? Not really, i would prefer to hit the buck until i hit 30  Cheesy
Its ok to give up your youth because all people will get old. At least you have a lot of money to enjoy your retirement. Instead of some people who retired but they dont have savings and they only hoping for their son to give them money.

Nope, not all retired people like your parent always hope their son giving them money. Its just our duty as a child respect our parents by giving them money because they already raise us into some good people so we just returning the favor for them. Just spare some for them altough you didnt get so much profit, at least it will make them happy

Well thats outdated, nowadays young people can barely sustain themselves (because they pay the high taxes for the previous generations pension), and usually its their old parents that give money to the young people.

They are jobless , the government taxes them wrecklessly, and their career future is doomed with student loan. They dont even have money to buy a car. They either sign away their freedom to the banksters to get alot of loans, or they die on the streets as homeless (oh wait its illegal to be homeless  Grin)

Welcome to Socialism. Paradise on Earth (for the Banksters only).
Don007
legendary
Activity: 1050
Merit: 1007
Live like there is no tomorrow!
Re: How to save money.
May 03, 2015, 06:39:05 PM
#307
It's great to read through all these advices over here. Some of them have not come to my mind yet. Thank you!


Quote from: Dotakels on May 03, 2015, 10:59:35 AM
Quote from: numanoid on May 03, 2015, 06:59:47 AM
Why do we need to save money? It cannot be saved , the only possible way is to find an alternative and that is what we have bitcoin for.
Let's all switch to bitcoin , accept it for daily services if possible Cheesy
We need to  save because it would help you it may help you in future. Saving will assure you that you would not short in money and you have a extra money for emergency. You may buy what you want because of your saving.

Saving money is indeed a way to save money; and what I mean here is that for some (possible unwanted) purchases or costs (like another car if yours broke down, or medical costs) you HAVE TO loan to be able to pay it.  Loaning money costs money; you have to pay interest.

By saving money for these unwanted costs, you thus will actually save money.


- -

One thing that works for me to not spend so much money, is simply not putting much money into your wallet. When i've got a big amount of cash money in my wallet, I use to buy stuff that, in the end, I do not really need. When I got less money in the same wallet, I do not buy these things.

Dotakels
sr. member
Activity: 490
Merit: 255
Re: How to save money.
May 03, 2015, 10:59:35 AM
#306
Quote from: numanoid on May 03, 2015, 06:59:47 AM
Why do we need to save money? It cannot be saved , the only possible way is to find an alternative and that is what we have bitcoin for.
Let's all switch to bitcoin , accept it for daily services if possible Cheesy
We need to  save because it would help you it may help you in future. Saving will assure you that you would not short in money and you have a extra money for emergency. You may buy what you want because of your saving.
Amph
legendary
Activity: 3248
Merit: 1070
Re: How to save money.
May 03, 2015, 08:12:49 AM
#305
Quote from: Erdogan on May 03, 2015, 06:01:45 AM
Quote from: Dotakels on May 03, 2015, 05:00:18 AM
Quote from: Erdogan on May 03, 2015, 04:03:35 AM
1. How to get money
2. How to not use them all
3. How to keep them

1.How to get money? get a job with monthly salary or make a business that can earn a profit.
2.How to not use them all? Save the 20% of your salary every month it would help you in case of emergencies.
3.How to keep them? 2 ways. You can keep them by putting them in the bank or keep them by investing . The other way is to keep it with you or put it in your house storage that have a security lock.

And for 3, if you don't want to invest, bitcoin is the answer.


bitcoin is an investment(unless you mined it in the early 2009 or something), which carry some risk too, but the reward is bigger i guess
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