How to save money. - page 17. | Bitcointalksearch.org

bestluck

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Quote from: BeGoods on September 19, 2016, 08:16:21 AM

Quote from: Noctis Connor on September 12, 2016, 05:00:03 AM

Saving money is the easiest thing to do haha if you cant save money then you are rich because all you gonna do is to spend and to spend and to spend of your money and you dont think the value of your money and thinking that is not good for you

I think saving money is a difficult thing, if saving money is an easy thing i think this thread will never be made, and there are many people who have become rich because of the fact today many people are very wasteful and can not save their money. so they do not become rich?

saving money is easy thing but the problem is that we do not get any extra amount which we can save from our daily expenditure and with that expenditures saving becomes impossible unless we manage for some extra income .

Abbybenson

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You can spend it if you need it. But if you don't really need don't spend it. And do not spend your savings for your personal interest only or buying a things that would not help you. Remember, no interest in savings. So dont think that your money is doubling or trippling.

CloudStrife

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Planning in the proper manner, having discipline and avoiding, of course, unnecessary expenses. These are, in my opinion, simple things that make a big difference...

John Constantine

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Make a list of your expenses and try to select the things you really need. The other items that are unnecessary or less important, you should consider avoiding buying to reduce waste.

chaser15

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Quote from: saiha on September 20, 2016, 02:21:35 AM

And with bitcoin you just need to store it to your cold storage wallet and you must be able to control yourself so that you are going to keep on saving.

Bitcoin savings must taken seriously. If people wants a bitcoin savings, make sure it doesn't most of the time in regular spendings.

Just use their fiat money instead to take of the regular spendings so that bitcoins are just saved. More quantity of saved bitcoins means more value once you will put them now on dumping scene.

saiha

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Quote from: Darwin02 on September 20, 2016, 12:05:41 AM

Save money is easy if you have self control do not buy anything that you dont need, dont do something that your money will be wasted and of course do not gamble any of it and try to save some of your salary for your own future.

This is really the best and easy thing to do. If you have $1 just save 5 - 20 cents to it and just store it to your wallet or piggy bank.

And with bitcoin you just need to store it to your cold storage wallet and you must be able to control yourself so that you are going to keep on saving.

Learn to know your needs and wants and setting needs to be on your number one list.

Mr. Big

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Quote from: goldcoinminer on September 19, 2016, 11:44:06 PM

Quote from: techfm86 on September 19, 2016, 10:53:37 PM

Saving money is not that hard but it can be hard when you do not make much money then it looks like saving money does not really works out.. But even when you cannot put much money on the side it is still smart to do that.

It is only hard when you are not focus on your goal, it is actually easy as long as you have something to save. Regardless of our status in life, we can always save a certain amount if we include that in our plan, saving constantly will always help us in time of trouble.

Actually if saving money is always in your mind, you can always find a way to produce more money so you could add atleast few bucks in your savings regularly, but if you are an easy go lucky, even if you are poor, then probably you will not save and always have a reason on not saving like "I have no other money" " my mom would give me money soon so I will spend this".. With that attitude, when worst things happen ( you have no money ), for sure you cannot rely on your own...

Darwin02

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Save money is easy if you have self control do not buy anything that you dont need, dont do something that your money will be wasted and of course do not gamble any of it and try to save some of your salary for your own future.

goldcoinminer

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Quote from: techfm86 on September 19, 2016, 10:53:37 PM

Saving money is not that hard but it can be hard when you do not make much money then it looks like saving money does not really works out.. But even when you cannot put much money on the side it is still smart to do that.

It is only hard when you are not focus on your goal, it is actually easy as long as you have something to save. Regardless of our status in life, we can always save a certain amount if we include that in our plan, saving constantly will always help us in time of trouble.

techfm86

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Saving money is not that hard but it can be hard when you do not make much money then it looks like saving money does not really works out.. But even when you cannot put much money on the side it is still smart to do that.

STT

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Most people dont have enough money to invest, certainly not when they are young. To start off the best thing to do is reduce outgoings, usually that means reduce or eliminate debt. You could call this investing in yourself, if you hold company stock or bond then you are investing in that enterprise . Since consumer finance cost can be very high, its best to pay off the highest interest rates first and that means your own personal debt or at worst reorganise it till you are paying the lowest cost possible. Mortgage debt is often the lowest rate of interest, credit cards the worst though it depends on deals you get. All this amounts to saving money, if afterwards you then have spare capital every month. An excess of earnings to outgoings then you can invest elsewhere

kim.apps

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Because of the inflation, saving all the funds is not very smart these days, investing is. I believe the right thing to do is invest and grow them , as saving all the money may lead to losses, because of the reduction of the purchasing power.

useless4

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Quote from: BeGoods on September 19, 2016, 08:16:21 AM

Quote from: Noctis Connor on September 12, 2016, 05:00:03 AM

Saving money is the easiest thing to do haha if you cant save money then you are rich because all you gonna do is to spend and to spend and to spend of your money and you dont think the value of your money and thinking that is not good for you

I think saving money is a difficult thing, if saving money is an easy thing i think this thread will never be made, and there are many people who have become rich because of the fact today many people are very wasteful and can not save their money. so they do not become rich?

for me it is not difficult at all to be honest, i think that if you want to save money just dont waste it and thats it

dandroid

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It's not that easy for everybody, if they have many debts to pay. But a good advice may be applied , I think if you avoid to have a lot of debits to pay or avoid to buy expensive things, this may help you to cut costs...

BitHodler

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Quote from: BeGoods on September 19, 2016, 08:16:21 AM

Quote from: Noctis Connor on September 12, 2016, 05:00:03 AM

Saving money is the easiest thing to do haha if you cant save money then you are rich because all you gonna do is to spend and to spend and to spend of your money and you dont think the value of your money and thinking that is not good for you

I think saving money is a difficult thing, if saving money is an easy thing i think this thread will never be made, and there are many people who have become rich because of the fact today many people are very wasteful and can not save their money. so they do not become rich?

Saving money isn't necessarily a difficult thing when you know that making impulsive purchases is a bad thing.

Impulsive purchases is what makes people really waste money as they don't need something, but still spend money on it.

starmman

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Quote from: jakelyson on September 19, 2016, 12:30:04 PM

Quote from: Heleudimitrij on September 18, 2016, 11:51:30 AM

Just simply don't spend your money if you don't have to

I was trying to do that all my life but it does not work. If all your thinking is not spending your money, then you will be spending them. I think the more I think not to spend, the more I spend. It is weird, right? The thing that worked for me is to put away the money you intend to save in a place you can't touch. You do this right after you receive your salary.

I have the same problem - I'm very good at spending money, if I have money I spend it - so I make sure that money automatically comes out and goes straight into savings - that way its not accessible meaning I spend and save. I could really do with saving more though.

PanZerrr

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Quote from: Dotakels on March 27, 2015, 02:33:37 PM

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 .

Good estimates unless the salary is very good. If done as you say, it really is possible not only to live with dignity and to postpone for the future. Savings must be economical. It is an axiom.

jakelyson

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Quote from: Heleudimitrij on September 18, 2016, 11:51:30 AM

Just simply don't spend your money if you don't have to

I was trying to do that all my life but it does not work. If all your thinking is not spending your money, then you will be spending them. I think the more I think not to spend, the more I spend. It is weird, right? The thing that worked for me is to put away the money you intend to save in a place you can't touch. You do this right after you receive your salary.

Noctis Connor

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Quote from: GamingBro on September 13, 2016, 06:24:15 PM

It's not hard, people just have no power of will, most of them just using saved money, need to create a plan, how much can u save and how much you need to spend.

If you are going to save money you need a will to live to do that make money bank everyday you get money dropped a money to money bank maybe 20% or 50% of you money everyday for sure in 2years you can buy what ever you want except house this is too expensive.

Positid

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Quote from: BeGoods on September 19, 2016, 08:16:21 AM

Quote from: Noctis Connor on September 12, 2016, 05:00:03 AM

Saving money is the easiest thing to do haha if you cant save money then you are rich because all you gonna do is to spend and to spend and to spend of your money and you dont think the value of your money and thinking that is not good for you

I think saving money is a difficult thing, if saving money is an easy thing i think this thread will never be made, and there are many people who have become rich because of the fact today many people are very wasteful and can not save their money. so they do not become rich?

It is not really hard but not all people has the capacity to save, especially those who are under poverty and they will instead focus on their daily needs to survive rather than thinking on how to grow their money, lucky we are we have the chance to earn and save.

Topic: How to save money. - page 17. (Read 345785 times)