How to save money. - page 3. | Bitcointalksearch.org

eddyubachs

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Quote from: HilbillyFred on October 12, 2016, 03:54:15 AM

You can easy save money because lots of people are holding bitcoins and when you hold bitcoins youwill save money or i believe peopel will loss
money when they hold becuase hlding is not making money.

But if you are putting money in bitcoins then it becomes an investment for you and it can be risky if price drops in future and saving money doesn't have any risks like investments.

HilbillyFred

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You can easy save money because lots of people are holding bitcoins and when you hold bitcoins youwill save money or i believe peopel will loss
money when they hold becuase hlding is not making money.

sana54210

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Quote from: jossiel on October 11, 2016, 11:48:17 PM

Quote from: lootz on October 11, 2016, 08:49:20 AM

Saving money requires discipline, if the money you saved can be easily withdrawn, you'll be tempted to get your money little by little until you never noticed it's all gone. Just like saving coins in a piggy bank, never try to pick your piggy bank to get a few coins.

You are right with it, because if you have a lot of money and you don't know how to manage that properly then still you are just going to lost it in the end.

Well saving your coins with piggy banks are good enough to help you even small amount, because if you know how to save in small amount.

Then that can predict that you are able to save big amount too.

It doesn't mean that a rich man does not need to save money. In my opinion, he also must be into saving some money regularly so that he will safeguard himself from future economic crisis. Saving will be handy to anyone as we do not know what mystery we are going to face in future. So, having some backup is always good. Saving will save our life and will give peace of mind in emergency situations.

martinacar

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Quote from: Shinpako09 on August 23, 2015, 10:31:19 AM

Save it in a bank and stay away from gambling coz it can make your life worst

In a bank is quite a bad option though cause a bank gives such a low return of money that it's not worth it to borrow your money to the bank.
Rather put it in a safe investment which gives a few percent profit per year.

virasisog

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Quote from: lootz on October 11, 2016, 08:49:20 AM

Saving money requires discipline, if the money you saved can be easily withdrawn, you'll be tempted to get your money little by little until you never noticed it's all gone. Just like saving coins in a piggy bank, never try to pick your piggy bank to get a few coins.

So its good to not just put your savingz on your wallet or in a bank because surely you can easily withdraw it. I like piggy banks which you can't get any amount unless its pure coins that you can pick inside one by one as i've done that thing.
Discipline on buying the things that you only need and will help you in everyday lives .

jossiel

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Quote from: lootz on October 11, 2016, 08:49:20 AM

Saving money requires discipline, if the money you saved can be easily withdrawn, you'll be tempted to get your money little by little until you never noticed it's all gone. Just like saving coins in a piggy bank, never try to pick your piggy bank to get a few coins.

You are right with it, because if you have a lot of money and you don't know how to manage that properly then still you are just going to lost it in the end.

Well saving your coins with piggy banks are good enough to help you even small amount, because if you know how to save in small amount.

Then that can predict that you are able to save big amount too.

vero

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Quote from: Zadicar on October 11, 2016, 04:30:10 AM

Quote from: goldcoinminer on October 11, 2016, 04:15:32 AM

Quote from: gabmen on October 11, 2016, 03:26:35 AM

Quote from: AicecreaME on October 10, 2016, 11:50:05 PM

This ways that you've just mentioned will really help to those people who wants to save their money, I know that. Instead of using our money in the things that are not really important like buying things that we don't really need, and wasting it on gambling something like that, why not save it in a effective way? Like investing it in the way the you can manage it so that your money would not just be went for nothing. Do something that will help your money or bitcoin that will keep it alive and cycling for you to earn more and save more. Saving money doesn't require a shortcut for you to be rich in an instant. Saving money requires great effort and dedication.

indeed sir this is a very good posting. most people nowadays engage in unnecessary spending and not even thinking about saving either in the bank or putting it in investments. for me i think it's better to invest and have savings at the same time. the investments would give you a chance to earn while your savings would be for your future use and emergency situations

That's how we manage our money, we cannot play safe all the time, only in investing where we will be matured and we will understand why rich people are still investing despite of the fact that they are already rich, with investing you have a chance to grow your money that you cannot by just saving alone.

Diversifying your money would be the best move in able to grow that money, as you said rich people would tend to do more investments to make even more money thats why they are rich because they are good on handling and investing their money. Saving would do but its better to invest to save more.

it would be better we doing both even only save small amounts do as well with investment too, because if the investment is not profitable then you still have other money.

jayce

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Quote from: Zadicar on October 11, 2016, 04:30:10 AM

Diversifying your money would be the best move in able to grow that money, as you said rich people would tend to do more investments to make even more money thats why they are rich because they are good on handling and investing their money. Saving would do but its better to invest to save more.

I think some rich people get success from their investment is not because they are good on handling their money, but they are brave enough to face the risks and with their much money, they could have many backup plans if their investment failed.

lootz

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Saving money requires discipline, if the money you saved can be easily withdrawn, you'll be tempted to get your money little by little until you never noticed it's all gone. Just like saving coins in a piggy bank, never try to pick your piggy bank to get a few coins.

newcoins1978

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One of the best techniques to save money is making trying to invest it a chore: Put it on bitcoin in cold storage and hide it really well under a good password. When you think about using it you'll be too lazy do to the whole process. It's like not having too much money on your pocket wallet.

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Quote from: Noctis Connor on October 11, 2016, 04:40:51 AM

Quote from: mishra1994u on October 07, 2016, 10:03:17 AM

Quote from: Noctis Connor on October 07, 2016, 09:57:28 AM

Quote from: sirohige on October 04, 2016, 12:54:17 AM

saving money is better for unpredicable situtaion, so better to save some money for future then we thinking about investing.

Just don't think about investment because you will able to lose your bitcoin there and money ofcourse the best way to save money is loan your money to your friend and make some money with the percent you will earn on that money while you are saving money so that you could not spend that on things you will not use.

For saving money,i think long term investement and fix deposits in banks is the best options.Or even regular deposits in banks because in this way you can save your moeny every month and also get some investment on those savings.

For saving money of course you need atleast save percentage in your work or salary dont invest your money for long term because you could lose money there and theres no way to turn back your money in short your just wating your money for nothing.

Like the best practice should be that we only invest what we can afford to lose and when we are savings our money in bitcoins that is already a form of investment as we might profit or lose with what we are doing, saving is a different thing as it will not decrease the amount but increases if you put your money in the bank.

Noctis Connor

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Quote from: mishra1994u on October 07, 2016, 10:03:17 AM

Quote from: Noctis Connor on October 07, 2016, 09:57:28 AM

Quote from: sirohige on October 04, 2016, 12:54:17 AM

saving money is better for unpredicable situtaion, so better to save some money for future then we thinking about investing.

Just don't think about investment because you will able to lose your bitcoin there and money ofcourse the best way to save money is loan your money to your friend and make some money with the percent you will earn on that money while you are saving money so that you could not spend that on things you will not use.

For saving money,i think long term investement and fix deposits in banks is the best options.Or even regular deposits in banks because in this way you can save your moeny every month and also get some investment on those savings.

For saving money of course you need atleast save percentage in your work or salary dont invest your money for long term because you could lose money there and theres no way to turn back your money in short your just wating your money for nothing.

lexuz

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Quote from: BeGoods on October 10, 2016, 11:07:01 PM

Quote from: starmman on October 10, 2016, 05:25:27 AM

Quote from: Hedrilin on October 10, 2016, 03:44:29 AM

There are lots of ways to save money but you have to know that saving money is the hardest thing for a bitcoin user because saving money is one of the biggest problem for allot of people becuas ethey like to spent money insteaed of saving it because it feels great to buy new things.

I seem to be doing well at saving - my problem is that I don't like to cash anything out. I've added a cashout mechanic to my trading strategy - but I keep raising the bar to focus on saving and investing. I need to sort that soon =)

I think you have to distinguish between investment and saving. if you already have a job and a steady income. I think you should give more priority to save rather than invest. because you already have an income you have to do is be consistent to store or saving

It's a choice each person between wanting to save or invest if you want to get something more then there is no harm to choose to invest.

dezoel

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Quote from: goldcoinminer on October 11, 2016, 04:15:32 AM

Quote from: gabmen on October 11, 2016, 03:26:35 AM

Quote from: AicecreaME on October 10, 2016, 11:50:05 PM

This ways that you've just mentioned will really help to those people who wants to save their money, I know that. Instead of using our money in the things that are not really important like buying things that we don't really need, and wasting it on gambling something like that, why not save it in a effective way? Like investing it in the way the you can manage it so that your money would not just be went for nothing. Do something that will help your money or bitcoin that will keep it alive and cycling for you to earn more and save more. Saving money doesn't require a shortcut for you to be rich in an instant. Saving money requires great effort and dedication.

indeed sir this is a very good posting. most people nowadays engage in unnecessary spending and not even thinking about saving either in the bank or putting it in investments. for me i think it's better to invest and have savings at the same time. the investments would give you a chance to earn while your savings would be for your future use and emergency situations

That's how we manage our money, we cannot play safe all the time, only in investing where we will be matured and we will understand why rich people are still investing despite of the fact that they are already rich, with investing you have a chance to grow your money that you cannot by just saving alone.

Investing is risky but to grow our money in future we need to take chance as without taking any risk we won't be able to get good returns in future and some saving should be kept as an back up.

Zadicar

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Quote from: goldcoinminer on October 11, 2016, 04:15:32 AM

Quote from: gabmen on October 11, 2016, 03:26:35 AM

Quote from: AicecreaME on October 10, 2016, 11:50:05 PM

This ways that you've just mentioned will really help to those people who wants to save their money, I know that. Instead of using our money in the things that are not really important like buying things that we don't really need, and wasting it on gambling something like that, why not save it in a effective way? Like investing it in the way the you can manage it so that your money would not just be went for nothing. Do something that will help your money or bitcoin that will keep it alive and cycling for you to earn more and save more. Saving money doesn't require a shortcut for you to be rich in an instant. Saving money requires great effort and dedication.

indeed sir this is a very good posting. most people nowadays engage in unnecessary spending and not even thinking about saving either in the bank or putting it in investments. for me i think it's better to invest and have savings at the same time. the investments would give you a chance to earn while your savings would be for your future use and emergency situations

That's how we manage our money, we cannot play safe all the time, only in investing where we will be matured and we will understand why rich people are still investing despite of the fact that they are already rich, with investing you have a chance to grow your money that you cannot by just saving alone.

Diversifying your money would be the best move in able to grow that money, as you said rich people would tend to do more investments to make even more money thats why they are rich because they are good on handling and investing their money. Saving would do but its better to invest to save more.

goldcoinminer

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Quote from: gabmen on October 11, 2016, 03:26:35 AM

Quote from: AicecreaME on October 10, 2016, 11:50:05 PM

This ways that you've just mentioned will really help to those people who wants to save their money, I know that. Instead of using our money in the things that are not really important like buying things that we don't really need, and wasting it on gambling something like that, why not save it in a effective way? Like investing it in the way the you can manage it so that your money would not just be went for nothing. Do something that will help your money or bitcoin that will keep it alive and cycling for you to earn more and save more. Saving money doesn't require a shortcut for you to be rich in an instant. Saving money requires great effort and dedication.

indeed sir this is a very good posting. most people nowadays engage in unnecessary spending and not even thinking about saving either in the bank or putting it in investments. for me i think it's better to invest and have savings at the same time. the investments would give you a chance to earn while your savings would be for your future use and emergency situations

That's how we manage our money, we cannot play safe all the time, only in investing where we will be matured and we will understand why rich people are still investing despite of the fact that they are already rich, with investing you have a chance to grow your money that you cannot by just saving alone.

gabmen

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Quote from: AicecreaME on October 10, 2016, 11:50:05 PM

This ways that you've just mentioned will really help to those people who wants to save their money, I know that. Instead of using our money in the things that are not really important like buying things that we don't really need, and wasting it on gambling something like that, why not save it in a effective way? Like investing it in the way the you can manage it so that your money would not just be went for nothing. Do something that will help your money or bitcoin that will keep it alive and cycling for you to earn more and save more. Saving money doesn't require a shortcut for you to be rich in an instant. Saving money requires great effort and dedication.

indeed sir this is a very good posting. most people nowadays engage in unnecessary spending and not even thinking about saving either in the bank or putting it in investments. for me i think it's better to invest and have savings at the same time. the investments would give you a chance to earn while your savings would be for your future use and emergency situations

phreaky

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Saving money can prove to be quite a difficult task if you don't have any discipline, saving money is just spending as less as you can.
Take out the unneeded stuff from your shopping and daily use and you'll find yourself saving already.

Positid

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Quote from: chineseprancing on October 10, 2016, 11:21:44 PM

Quote from: Finestream on October 10, 2016, 10:19:09 PM

Quote from: diodio5 on October 10, 2016, 06:55:25 PM

Quote from: Bitcoinsummoner on October 10, 2016, 02:44:38 PM

the good thing to save money is to always think to save and no more spend it but in case of emergency like some accident in your family you can use it..
But for other things dont spend it just always save until you reach your goal..

I think you can not resist spending continuously because every person must have needs and desires that they should buy. the strategy is to buy your needs but should you buy cheap, and do not be too extravagant to buy goods you desire

Of course we need to spend for our needs otherwise we will not survive in this world. However, we have to put in mind that we should not live a lavish life if we want to have a good amount of savings in the future, whatever we have now might be gone in the future if we will not be able to take care of it.

The best way to manage your money is to separate the 5% of your net income and put it into saving and do not ever spend it anymore that is for your future.

You need to do that in a discipline way, if you are saying like 5% it should be that fixed percentage. Actually only few can allocate a savings of their income because we have a lot of needs in life and also we have wants that we cannot control ourselves to buy it.

AicecreaME

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This ways that you've just mentioned will really help to those people who wants to save their money, I know that. Instead of using our money in the things that are not really important like buying things that we don't really need, and wasting it on gambling something like that, why not save it in a effective way? Like investing it in the way the you can manage it so that your money would not just be went for nothing. Do something that will help your money or bitcoin that will keep it alive and cycling for you to earn more and save more. Saving money doesn't require a shortcut for you to be rich in an instant. Saving money requires great effort and dedication.

Topic: How to save money. - page 3. (Read 345756 times)