How to save money. - page 21. | Bitcointalksearch.org

ObscureBean

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Quote from: passwordnow on September 13, 2016, 11:48:12 PM

It is easy to save money what you need to do is make a list of the things that you really need to buy and don't include the things that you want. Settling up your wants and needs is going to be important and you must prioritize first your needs for it. And once you are going to spend your money with it you are going to properly save money.

It's easy enough to save money, the question is how long can you last without giving in to temptation and spending your savings on something? Grin

Personally, I need to have a goal otherwise I'll start saving just fine but then I'll see something I like and dump everything on it. If I have a clear objective, like I need to save up $x,xxx for a trip then it's not a problem.

Fraxinus

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Quote from: ?? on ??

You must first get rid of unnecessary expenses, obviously. If you can not control spending, make an effort to change habits or ask someone you trust to help you.

That's the best advice really,you have to cut your expenses otherwise it's likely you won't be able to save BTC.

passwordnow

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It is easy to save money what you need to do is make a list of the things that you really need to buy and don't include the things that you want. Settling up your wants and needs is going to be important and you must prioritize first your needs for it. And once you are going to spend your money with it you are going to properly save money.

jonesT

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Very difficult to save any amount of money these days. You always want to make the right decision with what you do with it so having it or anything that has value to it just sitting idle bothers people to the point of wanting to spend it to make it work for them.

blackmachinegun

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Quote from: ElpadroBitcoin on June 07, 2016, 11:30:24 AM

Every time that you receive some money you should put some on the side. Never buy something just because you think you have the money for it that is never a good thing to do.

I think it is a difficult thing although it is seen that a simple thing but to store most of your income and you do not purchase something good is very difficult. has become a human habit to always wasteful. and I think you have to be smart to economical and save money

GamingBro

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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.

groll

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Quote from: goldcoinminer on September 13, 2016, 02:15:54 AM

Quote from: dhampir-D on September 12, 2016, 06:11:38 PM

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.

We do buy because we need and want certain things and money are here because it is suppose to be spend and not save only, although saving is good but you cannot just save all the time because you also have your wants too and you need to entertain your self once in a while to be more productive in your work, as long as you have controlled your spending then it is good.

Yes we need things and money is supposed to be spend. But I think what he or she trying to say is that do not buy unnecessary things or those which are not really important and soon become a waste of money.

Yes it is also good to atleast have some of your salary or money to enjoy life. But that does not mean to spend it all. You are the one who makes it and should be aware on how much you could save and spend.

diegz

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Quote from: dhampir-D on September 12, 2016, 06:11:38 PM

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.

Yup, selecting what you buy would really save you money...I think you should always consider your lifestyle...Sometimes we are living almost out of our limit each time we receive our salary and that happens for a week and the following weeks we will start to borrow money since we already consumed our money and that goes on like a usual routine in 15-30..

shinscarlet

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Quote from: tygeade on September 12, 2016, 05:23:51 AM

Quote from: BingoDog on September 12, 2016, 05:07:04 AM

At the moment it is hard for me to save some money because my paycheck is hardly enough to cover all current expenses. I have something invested, like little savings, but I hope this will improve in the future. I would like to have some nice sum of money or Bitcoins that I would keep for raining days and give me some more security.

But still you can try to save at least 5% of your salary on regular basis and if you can manage to do that then you will be holding descent money over a period of time.

5% of salary is really low,15% will be better because if you targetting this low then you will never holding big money in future

goldcoinminer

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Quote from: dhampir-D on September 12, 2016, 06:11:38 PM

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.

We do buy because we need and want certain things and money are here because it is suppose to be spend and not save only, although saving is good but you cannot just save all the time because you also have your wants too and you need to entertain your self once in a while to be more productive in your work, as long as you have controlled your spending then it is good.

dhampir-D

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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.

tygeade

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Quote from: BingoDog on September 12, 2016, 05:07:04 AM

At the moment it is hard for me to save some money because my paycheck is hardly enough to cover all current expenses. I have something invested, like little savings, but I hope this will improve in the future. I would like to have some nice sum of money or Bitcoins that I would keep for raining days and give me some more security.

But still you can try to save at least 5% of your salary on regular basis and if you can manage to do that then you will be holding descent money over a period of time.

BingoDog

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Activity: 658

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At the moment it is hard for me to save some money because my paycheck is hardly enough to cover all current expenses. I have something invested, like little savings, but I hope this will improve in the future. I would like to have some nice sum of money or Bitcoins that I would keep for raining days and give me some more security.

dezoel

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Quote from: mirakal on September 12, 2016, 04:49:06 AM

Quote from: WEBcreator on September 12, 2016, 01:26:46 AM

Quote from: terman45x on September 12, 2016, 01:04:06 AM

Yeah and I think saving is mandatory for all of us to reduce the risk in future as we very well know that future is uncertain so if you have saved enough money regularly then it can take care of you in challenging situation.

No, it is not mandatory you can always have some spare invested on some investment that has high liquidity so whenever anytime that you has the urge to use your money then you can always change it back to money. This is of course much better than just saving your money for the bank to use freely

That depends on an individual person but I would say it should be mandatory as we do not ascertain our future and we need money to spend in the even something bad happen, it is not always that we are healthy so without money we die easily.

Yes and with saving you can get help at the time of emergencies, and you also hold control on your money, where as in investment you cannot withdraw them until you make some profits from it.

Noctis Connor

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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

mirakal

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Quote from: WEBcreator on September 12, 2016, 01:26:46 AM

Quote from: terman45x on September 12, 2016, 01:04:06 AM

Yeah and I think saving is mandatory for all of us to reduce the risk in future as we very well know that future is uncertain so if you have saved enough money regularly then it can take care of you in challenging situation.

No, it is not mandatory you can always have some spare invested on some investment that has high liquidity so whenever anytime that you has the urge to use your money then you can always change it back to money. This is of course much better than just saving your money for the bank to use freely

That depends on an individual person but I would say it should be mandatory as we do not ascertain our future and we need money to spend in the even something bad happen, it is not always that we are healthy so without money we die easily.

WEBcreator

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Quote from: terman45x on September 12, 2016, 01:04:06 AM

Yeah and I think saving is mandatory for all of us to reduce the risk in future as we very well know that future is uncertain so if you have saved enough money regularly then it can take care of you in challenging situation.

No, it is not mandatory you can always have some spare invested on some investment that has high liquidity so whenever anytime that you has the urge to use your money then you can always change it back to money. This is of course much better than just saving your money for the bank to use freely

terman45x

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Quote from: Zadicar on September 12, 2016, 12:43:39 AM

Quote from: MTBTT on September 11, 2016, 06:55:53 PM

Quote from: chaosknight on September 10, 2016, 07:45:37 AM

Quote from: jakelyson on September 10, 2016, 07:15:29 AM

Quote from: Ziskinberg on September 09, 2016, 09:16:13 PM

Quote from: kim.apps on September 09, 2016, 04:20:18 PM

If you want to save money, my advice is keep your bitcoin in your btc wallet, never get bitcoin to use in gambling,hyip, everytime you get btc from signature campaign, faucet, or any other ways, send it to your btc wallet, that way in the future you will see your accumulated btc and you will be surprised.

Well, you will be safe with that practice as you will not lose in gambling but I do not think you can grow your bitcoin easily. You also have to involve in short term investment like investing in a gambling sites but not gambling at all as a player.

Unless you have a job that pay large amount of bitcoin, it will take a long time before you can have significant amount of bitcoin that way. Though it really is safe if you just store your bitcoin and never spend it. That is the purpose of savings, slowly build your money. But if you want to make the process faster, save and invest. But there are risk involve if you invest. If you can take the risk, it is a faster way to have a good amount of bitcoin saved.

Well if you have saved enough bitcoins, then its good to invest some of them in trading, as it will give you profits in short time and it will also allow you to grow your coins over a period of time.

I think saving money has a lot of sense. You must be clever in managing your money and manage your money for safekeeping in a bank or a wallet, and you must have a plan too for investment dude

Saving would be the one of the most important things to be consider on life since these thing would really save us in times of emergencies and for our future investment plans. because if we dont have saving then emergencies happen then for sure you would make a loan and could possibly put you more on problems. Good management of funds would be the way in able to save up.

Yeah and I think saving is mandatory for all of us to reduce the risk in future as we very well know that future is uncertain so if you have saved enough money regularly then it can take care of you in challenging situation.

Zadicar

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Quote from: MTBTT on September 11, 2016, 06:55:53 PM

Quote from: chaosknight on September 10, 2016, 07:45:37 AM

Quote from: jakelyson on September 10, 2016, 07:15:29 AM

Quote from: Ziskinberg on September 09, 2016, 09:16:13 PM

Quote from: kim.apps on September 09, 2016, 04:20:18 PM

If you want to save money, my advice is keep your bitcoin in your btc wallet, never get bitcoin to use in gambling,hyip, everytime you get btc from signature campaign, faucet, or any other ways, send it to your btc wallet, that way in the future you will see your accumulated btc and you will be surprised.

Well, you will be safe with that practice as you will not lose in gambling but I do not think you can grow your bitcoin easily. You also have to involve in short term investment like investing in a gambling sites but not gambling at all as a player.

Unless you have a job that pay large amount of bitcoin, it will take a long time before you can have significant amount of bitcoin that way. Though it really is safe if you just store your bitcoin and never spend it. That is the purpose of savings, slowly build your money. But if you want to make the process faster, save and invest. But there are risk involve if you invest. If you can take the risk, it is a faster way to have a good amount of bitcoin saved.

Well if you have saved enough bitcoins, then its good to invest some of them in trading, as it will give you profits in short time and it will also allow you to grow your coins over a period of time.

I think saving money has a lot of sense. You must be clever in managing your money and manage your money for safekeeping in a bank or a wallet, and you must have a plan too for investment dude

Saving would be the one of the most important things to be consider on life since these thing would really save us in times of emergencies and for our future investment plans. because if we dont have saving then emergencies happen then for sure you would make a loan and could possibly put you more on problems. Good management of funds would be the way in able to save up.

John Constantine

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Activity: 126

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Take control of your spending, avoiding waste, and probably it will be better for you if do not invest in things like hyips, gambling, cloudmining and things like that.

Topic: How to save money. - page 21. (Read 345783 times)