Topic: How to save money. - page 24. (Read 345783 times)

Exactly, lets suppose if someone earns $600-700 a month and he saves 10% of it every time after getting his salary, and a year has 12 months so 12x10= 120, which means he will be having 20% more than what he earns in a month after every year which he can use for anything if needed if does not need anything then just keep them safe and keep the process going, and after some years you will have a good amount saved.

Saving your 10% of monthly income will help you to buy something you want in every year because if you are going to hold you bitcoin or money just for anything you can do that because in bitcoin world theres no possible in hard worker man you can rich every thing you want just trust your self.

Its just commonsense thing that  its not really saving up your bitcoin since you are investing  it on other things and risking it for more profits. Saving  is just keeping it totally and  should not be touched  or being spent in the long time.

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.

Saving your 10% of monthly income will help you to buy something you want in every year because if you are going to hold you bitcoin or money just for anything you can do that because in bitcoin world theres no possible in hard worker man you can rich every thing you want just trust your self.

Saving is the important thing we must do in our life for be careful for something happen that we never known. i guess we has learn about it start when we still a child when your mom teach you to saving your pocket money.

of course saving is really important, in my opinion it is one of the most important things in the persons life because without it you wouldnt be able to live normally

of course saving is really important, in my opinion it is one of the most important things in the persons life because without it you wouldnt be able to live normally

I think saving is really important for all of us so that we can have enough funds for the future which can be helpful for us at the time of emergencies and it is mandatory process to follow.

I will prefer to save a part of my salary in bitcoins and some of them in my piggy bank at home, and if I can manage to do it successfully for long time then I will be saving enough money for future.

It's a step and a very good plan. Because it is not a difficult thing to do and definitely if we could do that then our lives will be a little fun and profitable. Hadn't thought to save a lot of money in our lives is a mess

Saving your 10% of monthly income will help you to buy something you want in every year because if you are going to hold you bitcoin or money just for anything you can do that because in bitcoin world theres no possible in hard worker man you can rich every thing you want just trust your self.

I agree to that, I think people should store and save a percentage of their salary rather than spending it on rather less useful items, it's puzzling how those with larger salaries are the ones mostly with less savings and spending all of their salary on things they could not do or could do allot cheaper.

If you're spending to much money, every time you spend money write it down. Will be easier to control your expenses if you keep track of it.
Once you know more about the amount and where you're using it on, you can make more informed decisions to reduce your expenses, in order to save that money, cutting the costs on unecessary things.

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 .

Putting money in gambling or ponzi is not an saving money, its an one kind of investment that you are doing hoping to get some profits, better to put money in bitcoin and keep it for future.

making a good and proper plan and doing solid home work at your plan is very important to prevent yourself from these loses,
there are lots of scammers wiling to scam people. and without good planing you can be easily scammed.