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Topic: How to save money. - page 34. (Read 345826 times)

hero member
Activity: 826
Merit: 502
August 22, 2016, 02:47:05 PM
Different people have different approaches when it comes to saving money. Even if you are from the same family, your sibling could be more into spending than you are. In our family, I am the only one who is into savings and investments. I always make it a point to have something set aside for savings and investments. In addition, I try to make extra earnings so I would have additional savings.

The same is with me, In my family I am the only person who try to get some money to further invest them and to increase my sources of income, while others are just doing their job and are happy with it and are enjoying to spend their money everywhere.
sr. member
Activity: 278
Merit: 250
August 22, 2016, 02:25:24 PM
Different people have different approaches when it comes to saving money. Even if you are from the same family, your sibling could be more into spending than you are. In our family, I am the only one who is into savings and investments. I always make it a point to have something set aside for savings and investments. In addition, I try to make extra earnings so I would have additional savings.

agree with your opinion, each people have diffirent way to save his money, some people feel safety to save his money at bitcoin because no people can touch it, other people trust gold rate will be rise every year and it's very safe to save his money at gold, but some people trust bank to save his money at vault .

Yeah and most of the people have more faith in banks as they are using it since its inception and they have traditional way of thinking and even they don't want to experiment with their money.

bank have a guarantee letter, and goverment give guarantee to make bank not scam you, so we can feel very comfortable to save our money at bank, the biggest problem is when the country go bankrupt, like yunani in last year.
You cite the example of the very low level of popularity of the institution. Of course, banks will keep our savings and we take risks and to choose where to go and pay for storage.
legendary
Activity: 2436
Merit: 1008
August 22, 2016, 01:55:24 PM
Different people have different approaches when it comes to saving money. Even if you are from the same family, your sibling could be more into spending than you are. In our family, I am the only one who is into savings and investments. I always make it a point to have something set aside for savings and investments. In addition, I try to make extra earnings so I would have additional savings.

agree with your opinion, each people have diffirent way to save his money, some people feel safety to save his money at bitcoin because no people can touch it, other people trust gold rate will be rise every year and it's very safe to save his money at gold, but some people trust bank to save his money at vault .

Yeah and most of the people have more faith in banks as they are using it since its inception and they have traditional way of thinking and even they don't want to experiment with their money.

bank have a guarantee letter, and goverment give guarantee to make bank not scam you, so we can feel very comfortable to save our money at bank, the biggest problem is when the country go bankrupt, like yunani in last year.

Government will not allow some banks to operate if there will be no asset holdings of that said bank. Those assets will be the one who will put to an auction so that it can pays back the clients in a case of bankruptcy.

Also banks are complying with the law so it will do everything just to make their institution really strong as time goes by.
hero member
Activity: 784
Merit: 500
August 22, 2016, 11:19:54 AM
Different people have different approaches when it comes to saving money. Even if you are from the same family, your sibling could be more into spending than you are. In our family, I am the only one who is into savings and investments. I always make it a point to have something set aside for savings and investments. In addition, I try to make extra earnings so I would have additional savings.

agree with your opinion, each people have diffirent way to save his money, some people feel safety to save his money at bitcoin because no people can touch it, other people trust gold rate will be rise every year and it's very safe to save his money at gold, but some people trust bank to save his money at vault .

Yeah and most of the people have more faith in banks as they are using it since its inception and they have traditional way of thinking and even they don't want to experiment with their money.

bank have a guarantee letter, and goverment give guarantee to make bank not scam you, so we can feel very comfortable to save our money at bank, the biggest problem is when the country go bankrupt, like yunani in last year.
sr. member
Activity: 284
Merit: 250
August 22, 2016, 11:12:39 AM
the best way to save money is to manage the money we have. we have to be clever in managing income and expenses. so we can save money to secure the future. investing in gold is also becoming one of the safest ways to save money you have.

Of course how can you save money if you don't know how to manage it in the first place lol.

Even how clever you are if the earnings is just enough, people will really have some difficult road to save money. It must be start with the root and that is find a decent source of income even you have to work for multiple works.
Work on more than one job in order to live a normal life. Not always work with our incomes to carry out their wishes. If we lack, the economy has become a way of life.
legendary
Activity: 2688
Merit: 1065
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August 22, 2016, 10:44:28 AM
the best way to save money is to manage the money we have. we have to be clever in managing income and expenses. so we can save money to secure the future. investing in gold is also becoming one of the safest ways to save money you have.

Of course how can you save money if you don't know how to manage it in the first place lol.

Even how clever you are if the earnings is just enough, people will really have some difficult road to save money. It must be start with the root and that is find a decent source of income even you have to work for multiple works.
hero member
Activity: 714
Merit: 500
August 22, 2016, 10:25:23 AM
Saving money has also been a major problem for me because of my gambling activity.I never able to save my money because i mostly loss them on gambling.Now i have made a strong will to say no to gambling.

Well finally you made a good decision of not wasting  your money in gambling, if you have saved those money then at this stage you would have made great profits even by just holding them.
full member
Activity: 238
Merit: 100
August 22, 2016, 10:13:41 AM
Saving money has also been a major problem for me because of my gambling activity.I never able to save my money because i mostly loss them on gambling.Now i have made a strong will to say no to gambling.
legendary
Activity: 1596
Merit: 1011
August 22, 2016, 10:11:21 AM
the best way to save money is to manage the money we have. we have to be clever in managing income and expenses. so we can save money to secure the future. investing in gold is also becoming one of the safest ways to save money you have.
hero member
Activity: 910
Merit: 1000
August 22, 2016, 10:05:54 AM
Different people have different approaches when it comes to saving money. Even if you are from the same family, your sibling could be more into spending than you are. In our family, I am the only one who is into savings and investments. I always make it a point to have something set aside for savings and investments. In addition, I try to make extra earnings so I would have additional savings.

That is quite true. Depending on the personality of a person, he or she can be a spender or a saver. But all people can be taught to save. It is just a matter of discipline. If you can teach your siblings to value their money and show them the benefits of having a savings and investments, they will learn how to save.

Its not easy for everyone to develop an habit of saving as its really difficult for someone to follow it if they have just believed in spending since the initial stage of their life.
hero member
Activity: 1148
Merit: 504
August 22, 2016, 09:58:17 AM
Different people have different approaches when it comes to saving money. Even if you are from the same family, your sibling could be more into spending than you are. In our family, I am the only one who is into savings and investments. I always make it a point to have something set aside for savings and investments. In addition, I try to make extra earnings so I would have additional savings.

That is quite true. Depending on the personality of a person, he or she can be a spender or a saver. But all people can be taught to save. It is just a matter of discipline. If you can teach your siblings to value their money and show them the benefits of having a savings and investments, they will learn how to save.
legendary
Activity: 2044
Merit: 1075
Leading Crypto Sports Betting & Casino Platform
August 22, 2016, 09:43:25 AM
Different people have different approaches when it comes to saving money. Even if you are from the same family, your sibling could be more into spending than you are. In our family, I am the only one who is into savings and investments. I always make it a point to have something set aside for savings and investments. In addition, I try to make extra earnings so I would have additional savings.

agree with your opinion, each people have diffirent way to save his money, some people feel safety to save his money at bitcoin because no people can touch it, other people trust gold rate will be rise every year and it's very safe to save his money at gold, but some people trust bank to save his money at vault .

Yeah and most of the people have more faith in banks as they are using it since its inception and they have traditional way of thinking and even they don't want to experiment with their money.
hero member
Activity: 784
Merit: 500
August 22, 2016, 09:36:17 AM
Different people have different approaches when it comes to saving money. Even if you are from the same family, your sibling could be more into spending than you are. In our family, I am the only one who is into savings and investments. I always make it a point to have something set aside for savings and investments. In addition, I try to make extra earnings so I would have additional savings.

agree with your opinion, each people have diffirent way to save his money, some people feel safety to save his money at bitcoin because no people can touch it, other people trust gold rate will be rise every year and it's very safe to save his money at gold, but some people trust bank to save his money at vault .
hero member
Activity: 532
Merit: 500
August 22, 2016, 07:34:01 AM
Saving money is very essential when we talk about future use.  This stuff can save us from tight situation  in the future.  There are lots of method how to save money but the simplest is to make it a habbit.  Making a habbit to save 5% to 10% of your income will give you a great result after 5 to 10 years of doing it

yeah I think if you were trouble to save your money you may be under pressure to save the amount of money would you save, try to use 5-10% of your salary for you to save. maybe it will not be too burdensome to you. and you can begin to save for the long term
hero member
Activity: 798
Merit: 500
★YoBit.Net★ 350+ Coins Exchange & Dice
August 22, 2016, 07:17:32 AM
Saving money is very essential when we talk about future use.  This stuff can save us from tight situation  in the future.  There are lots of method how to save money but the simplest is to make it a habbit.  Making a habbit to save 5% to 10% of your income will give you a great result after 5 to 10 years of doing it


Aside from saving atleast 10% the best way to save is not changing your lifestyle... I believe that if you continue to eat what you used to eat when you have small salary up to the time that you are a big earner, that would make you see that you are earning and you are really saving.
sr. member
Activity: 378
Merit: 250
BULL RUN until 2030
August 22, 2016, 07:14:28 AM
Saving money is very essential when we talk about future use.  This stuff can save us from tight situation  in the future.  There are lots of method how to save money but the simplest is to make it a habbit.  Making a habbit to save 5% to 10% of your income will give you a great result after 5 to 10 years of doing it

Correct, it does not matter how much you were able to save but when you practice to save you start with a little amount so you will not be disappointed easily when you failed at first, but when you succeed you start increasing your savings until you achieve the right amount at your comfort.
legendary
Activity: 1372
Merit: 1008
August 22, 2016, 07:11:35 AM
Need to make a plan of your spendings, the second step is understand why you saving this money and for what, the last step is just your power of will.
If a person lives in abundance, then save it will be easy. Because in the life of all that is unnecessary, you can refuse. But if you think every coin, then there is very difficult to do everything.
yeah I think you need a plan. everyone has a different plan, but I'm sure in every plan of each person must specify how many or restrictions that can be issued. the goal that you're not too extravagant. I also did the same thing
copper member
Activity: 1050
Merit: 500
August 22, 2016, 07:01:12 AM
Saving money is very essential when we talk about future use.  This stuff can save us from tight situation  in the future.  There are lots of method how to save money but the simplest is to make it a habbit.  Making a habbit to save 5% to 10% of your income will give you a great result after 5 to 10 years of doing it
hero member
Activity: 714
Merit: 500
August 22, 2016, 05:50:57 AM
Different people have different approaches when it comes to saving money. Even if you are from the same family, your sibling could be more into spending than you are. In our family, I am the only one who is into savings and investments. I always make it a point to have something set aside for savings and investments. In addition, I try to make extra earnings so I would have additional savings.
hero member
Activity: 1148
Merit: 504
August 22, 2016, 05:12:34 AM
I do this.  There are 52 weeks in a year.  The first week I save 1 dollar, second week I save 2, third I save 3, so on so on till you hit week 52, in which you save 52.  It's a gradual increase each week so you don't even notice it. 

It's easy to say but it will be hard for others since there is no regular and fixed weekly earnings especially for those who has real life job.

Their salary is on twice a month basis (in most of the cases). But they can increase the savings per salary day so that they can still keep up with their savings.
I think it would be easier if you keep your money start to little by little. if you were earning about $ 1,000 per month.
you only need to save $ 50 each month on your wallet. it was very small I thought it would not be hard for you to save

Yup, it is a lot easier to keep on saving if you set a fixed amount per pay day. A percentage of it is also good. Like save at least 10% of your monthly salary. YOu should deduct your savings first so that you will not be tempted to spend it and ruin your saving plan.
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