How to save money. - page 35. | Bitcointalksearch.org

chaosknight

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Quote from: Jasad on August 22, 2016, 02:01:53 AM

Quote from: ImHacked on August 22, 2016, 01:05:56 AM

If you want to save money, save at least 10% to 20% of your salary. That is salary less savings equals expenses. You need to put savings first and not what is left in your salary. If you do that you will just lost all the salary as you will only spend the money dedicated to savings. If you save first then there is no way you could spend that money. Try to commute instead of driving your own car during work. You could also try to packed your food instead of eating out.

it is just another ordinary step to have your money saved ,
but good to share here as maybe not everyone can do this ,
saving money also can be done by investing imho ,
for example invest on bitcoin but there is a risk of course , you have a chance to losing value.

There is a risk in investing in bitcoin as no one is sure about its price in future, but still we can afford to take that risk as according to the experts price will surely go higher in future.

groll

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Quote from: Danielzo on August 22, 2016, 03:36:10 AM

It's not hard to save money. All you have to do is to think of it this way: Do I really need this? Do I really need to spend money on this? When the answer comes to you, you will know what to do Wink

.

Yes separating the only wants from the really need. Wink

Most of us were impulsive buyer, sometimes if we go to the mall and saw a buy one take one tag we tend to buy that even if we really do not need it. We would go to the mall and buy whenever we hear that they were on sale even if you don't need it. We sometimes buy because of peer pressure like this friend of yours had bought the latest toothpick and you really want to blend in and want to say that you are on the trend so you would buy a golden toothpick. Grin

Danielzo

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It's not hard to save money. All you have to do is to think of it this way: Do I really need this? Do I really need to spend money on this? When the answer comes to you, you will know what to do Wink

.

Jasad

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= jasad =

Quote from: ImHacked on August 22, 2016, 01:05:56 AM

If you want to save money, save at least 10% to 20% of your salary. That is salary less savings equals expenses. You need to put savings first and not what is left in your salary. If you do that you will just lost all the salary as you will only spend the money dedicated to savings. If you save first then there is no way you could spend that money. Try to commute instead of driving your own car during work. You could also try to packed your food instead of eating out.

it is just another ordinary step to have your money saved ,
but good to share here as maybe not everyone can do this ,
saving money also can be done by investing imho ,
for example invest on bitcoin but there is a risk of course , you have a chance to losing value.

jakelyson

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Quote from: ImHacked on August 22, 2016, 01:05:56 AM

If you want to save money, save at least 10% to 20% of your salary. That is salary less savings equals expenses. You need to put savings first and not what is left in your salary. If you do that you will just lost all the salary as you will only spend the money dedicated to savings. If you save first then there is no way you could spend that money. Try to commute instead of driving your own car during work. You could also try to packed your food instead of eating out.

I also read that from a finance book that you should prioritize your savings before expenses. That is a very good advice.

On giving up your convenience like commuting rather than driving to your work, I think if a person does not want to give up his convenience then it is okay. As long as it does not disrupt his savings plan. But if it do, he should find a bigger income to cover all his conveniences.

dunfida

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Quote from: ImHacked on August 22, 2016, 01:05:56 AM

If you want to save money, save at least 10% to 20% of your salary. That is salary less savings equals expenses. You need to put savings first and not what is left in your salary. If you do that you will just lost all the salary as you will only spend the money dedicated to savings. If you save first then there is no way you could spend that money. Try to commute instead of driving your own car during work. You could also try to packed your food instead of eating out.

Thats really a good way on how to save be practical on the way you live not just thinking to have a comfortable way of living if you want to save for future then sacrifice some things that could possibly save your money up. Same as you said its better to commute rather than driving your car it would be such add to expenses on the gasoline compare to comute which saves you a lot.

ImHacked

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If you want to save money, save at least 10% to 20% of your salary. That is salary less savings equals expenses. You need to put savings first and not what is left in your salary. If you do that you will just lost all the salary as you will only spend the money dedicated to savings. If you save first then there is no way you could spend that money. Try to commute instead of driving your own car during work. You could also try to packed your food instead of eating out.

goldcoinminer

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Quote from: jakelyson on August 21, 2016, 10:31:31 PM

Quote from: youhgt2 on August 18, 2016, 03:22:32 PM

to me it is very very difficult to keep money in your home or in your bank account and you will save money, therefore to me the best option is to keep it and to invest it in bitcoin, there you can save your money and can even increase it, because to investing in bitcoin is the safest way of earning money.

It is good if you put some money into bitcoin. It cannot be denied that bitcoin is a good investment, but it is a long term investment. If you put your money into bitcoin, it can grow but there are times you cannot readily get it out. If the bitcoin price crash, you cannot get your money out. On emergency situations where you need immediate money, it will be bad. So you also need to put aside some money where you can easily get it, like banks or in your home.

I definitely agree with you, why would we still search for any other investment opportunity when in bitcoin alone we can make a good profit. In the future it is expected that bitcoin will be more valuable and with that the price will appreciate which makes our investment profitable.

jakelyson

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Quote from: youhgt2 on August 18, 2016, 03:22:32 PM

to me it is very very difficult to keep money in your home or in your bank account and you will save money, therefore to me the best option is to keep it and to invest it in bitcoin, there you can save your money and can even increase it, because to investing in bitcoin is the safest way of earning money.

It is good if you put some money into bitcoin. It cannot be denied that bitcoin is a good investment, but it is a long term investment. If you put your money into bitcoin, it can grow but there are times you cannot readily get it out. If the bitcoin price crash, you cannot get your money out. On emergency situations where you need immediate money, it will be bad. So you also need to put aside some money where you can easily get it, like banks or in your home.

Zadicar

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Quote from: Ziskinberg on August 21, 2016, 09:09:18 PM

Quote from: pseexh on August 21, 2016, 04:48:03 PM

Quote from: GamingBro on August 21, 2016, 04:40:26 PM

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.

Not really all the time because there are people who does not have a discipline in saving money, the temptation is out their and if you will let that in your life you will not control your self in spending.

Every people are different in any ways and on their decision but if you are a sensible person then for sure you would do saving because you already planned your future with that savings and it can also help when there are emergencies or financial crises in the future that you would experience then it would be a big help to you.

secone

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Quote from: Ziskinberg on August 21, 2016, 09:09:18 PM

Quote from: pseexh on August 21, 2016, 04:48:03 PM

Quote from: GamingBro on August 21, 2016, 04:40:26 PM

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.

Not really all the time because there are people who does not have a discipline in saving money, the temptation is out their and if you will let that in your life you will not control your self in spending.

Yeah it does not depend on those who have lots of money or not and rich or poor. but this depends on the nature of each person. if they are used to living simply, they are usually more diligent in saving money for the future and the rich man could they live with wasteful, because it was able to earn a lot of money easily.

thebetsport

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if you save fiat money you can saving your money in the bank
if your bitcoin you can saving to wallet is reputable online wallet or dekstop wallet, 2fa facilities and private key
if you save about trade after bitfinex you can move to reputable exchanger huobi okcoin or btc-e

Ziskinberg

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Quote from: pseexh on August 21, 2016, 04:48:03 PM

Quote from: GamingBro on August 21, 2016, 04:40:26 PM

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.

Not really all the time because there are people who does not have a discipline in saving money, the temptation is out their and if you will let that in your life you will not control your self in spending.

Barbut

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Maybe we can say that saving is not for everyone, some of us just don`t know how to save. Even when I save something in a week or a month I spent it very fast after that. I don`t know is it good or bad cause I`m like that, I just don`t wish to life pass and I to not feel some things. Savings is for people who have a lot of money, and they simply can afford them self to live good and put something on a side. What I earn I spent, and even that is not for good life. I work much more then I have fun, that is a sad truth.

mantra

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investment is the best way to save money , than we save in the bank but better value continues to fall we invest , one good investment instrument is bitcoin Cool

pseexh

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Quote from: GamingBro on August 21, 2016, 04:40:26 PM

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.

GamingBro

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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.

qyzackk

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Quote from: betohell on August 21, 2016, 02:54:45 PM

Quote from: kodoll on August 19, 2016, 12:01:56 PM

We must find a way to save their bitcoin. After breaking bitfinex vast majority of compromised accounts did not have the proper safety features included in their accounts to prevent hacking, therefore, the attackers were able to gain full access to your account after you log in with a user name and password.

I think it would be better if you keep your bitcoin is protected from third parties. You can use the wallet for this desktop. I think you will be spared from the scam. and of course it will be more secure

This is quite correctly stated. I think that so many people came after there was a risk of losing everything.

betohell

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Quote from: kodoll on August 19, 2016, 12:01:56 PM

We must find a way to save their bitcoin. After breaking bitfinex vast majority of compromised accounts did not have the proper safety features included in their accounts to prevent hacking, therefore, the attackers were able to gain full access to your account after you log in with a user name and password.

I think it would be better if you keep your bitcoin is protected from third parties. You can use the wallet for this desktop. I think you will be spared from the scam. and of course it will be more secure

20kevin20

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Quote from: chachaa on August 21, 2016, 02:37:20 PM

Quote from: socks435 on August 21, 2016, 01:30:01 PM

Quote from: krishna1 on August 21, 2016, 01:24:35 PM

op's stratgy is good but i think we can make the percent of saving into lower of higher depending on the situaltion because its life and we have to face many difficultys in it

Yeah right planning how to save and how much you want to save.. so that you can make a profit in the future and you can also use bitcoin in your financial.. that so double benefits..

It must be very sure that in the future will be profitable bitcoin, and that cases such as this summer bitfinex, too, should not be.

These are cases we can't help or stop. We don't even know if these 'hacks' are real or not. It's going to be profitable because it's going to become even harder to get.

Topic: How to save money. - page 35. (Read 345826 times)