Topic: How to save money. - page 48. (Read 345783 times)
Although there are times that I am having a hard time saving, I always make it a point to discipline myself into forced savings. By having an auto debit system, I get to receive my salary which is already deducted with savings. If I suddenly find myself going short on budget, I try to find extra sources of income. That's where bitcoin comes in handy and the earning opportunities it gives.
Go for Investments. Its the best option to save.
Go for Gold, Stocks or real estate. Think about future and decide which is the best option for you..Make the budgett and follow it.. try to have a balance between income and expenses. Saving and investing are good partners.
Go for Gold, Stocks or real estate. Think about future and decide which is the best option for you..Make the budgett and follow it.. try to have a balance between income and expenses. Saving and investing are good partners.
It is better to use your bitcoins as digital currency than paper wallet because once your bitcoins is online and stored in the blockchain you can easily cash out if you need it for emergencies and that is the best thing using bitcoins.
Your savings however, if you wanted it safer you have to put in the bank as only investment should be put in the blockchain.
Your savings however, if you wanted it safer you have to put in the bank as only investment should be put in the blockchain.
It's still better to have fiat savings rather than bitcoin alone since internet are not present all the times. So just in case you need in an emergency you don't need to log on with your device just to execute withdrawals of your coins. And besides, withdrawals of bitcoin are not that instant in most of the cases per country.
If you look at savings that way, storing some money in your house appears to be the best way (as ATM's might go offline & banks may go bankrupt). However, in the latter situation, a particular currency might not be worth much anymore. Maybe storing gold is better in that situation. (Or Bitcoin, but yes, this has some downsides too in particular situations like that). All possibilities do have advantages and disadvantages.
It is better to use your bitcoins as digital currency than paper wallet because once your bitcoins is online and stored in the blockchain you can easily cash out if you need it for emergencies and that is the best thing using bitcoins.
Your savings however, if you wanted it safer you have to put in the bank as only investment should be put in the blockchain.
Your savings however, if you wanted it safer you have to put in the bank as only investment should be put in the blockchain.
It's still better to have fiat savings rather than bitcoin alone since internet are not present all the times. So just in case you need in an emergency you don't need to log on with your device just to execute withdrawals of your coins. And besides, withdrawals of bitcoin are not that instant in most of the cases per country.
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 .
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 .
In addition to that, you can keep your savings as bitcoins in a paper wallet. You can be sure your money will appreciate, not depreciate.
Your savings however, if you wanted it safer you have to put in the bank as only investment should be put in the blockchain.
Planning, discipline and avoiding unnecessary expenses. These are simple things that make the difference.
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 .
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 .
In addition to that, you can keep your savings as bitcoins in a paper wallet. You can be sure your money will appreciate, not depreciate.
Saving money is not a hard job at all but it still is true that some people have trouble with it, I think that these people spend to much money when they have received money.
You always need to set a max of how much money you can spend per week.
nope I think the store is a difficult thing if the store is a simple matter of course everyone will not have problems in managing their finances and may be able to overcome the problem of waste and spending too much. but you see a lot of people extravagant and buy what they want you to know they are difficult to save moneyYou always need to set a max of how much money you can spend per week.
It all depends on individuals lifestyle. If earnings are less and, expenses are more then surely savings will be hard. But if one start keeping out a little bit of money every month and try to manage their costs from the left over money then they can save some money over the time. But these days all prices are going up without any limit, and it makes very hard for average people to save money.
Save it in fixed deposits to earn more interests annually as saving money in the banks is the safest way and even if something goes wrong with your money then bank will help you in recovering it.
To those who are reading this - do your own homework lol.
Because obviously this view is flawed to a certain extent - yes they will protect your money if something goes wrong - but up to how much? lol. anything over $250k is un-recoverable.
i think the only why through which you can save money is to invest your money in bitcoin. and then hold it for a long one . you will get to benefits at the same time one is that you will save your fiat money. and the second is that you will get extra income on bitcoin when the price of bitcoin iwll increase.
That is not a bad idea if someone really feels he can save some money from his salary and if he knows what he is doing because it is a risk somehow as the price of bitcoin is never stable, it may go up but it may come down as well.
i think the only why through which you can save money is to invest your money in bitcoin. and then hold it for a long one . you will get to benefits at the same time one is that you will save your fiat money. and the second is that you will get extra income on bitcoin when the price of bitcoin iwll increase.
Money is easy to save like example earn in somewhere and then send it to eychanger or wallet or in bitcoin adress which you want and that is good side of bitcoin and payments are fast with bitxoin so it will come fast to your bitcoin adress.
It all depends on individuals lifestyle. If earnings are less and, expenses are more then surely savings will be hard. But if one start keeping out a little bit of money every month and try to manage their costs from the left over money then they can save some money over the time. But these days all prices are going up without any limit, and it makes very hard for average people to save money.
true, that's why saving should be a commitment . Buy only things that you needed not the things you want. Also buy things that is durable so that you are not buying the same things in a short period of time.
It all depends on how you manage your finances. Learn to save money first then the rest will be used for expenses. If it is not enough, then look for unnecessary expenses. Pay off your debts fast because interest from that will eat your money away. If you can stick to that, you will be able to save and invest in the future. Investments can really help your financial status.
It all depends on individuals lifestyle. If earnings are less and, expenses are more then surely savings will be hard. But if one start keeping out a little bit of money every month and try to manage their costs from the left over money then they can save some money over the time. But these days all prices are going up without any limit, and it makes very hard for average people to save money.
true, that's why saving should be a commitment . Buy only things that you needed not the things you want. Also buy things that is durable so that you are not buying the same things in a short period of time.
It all depends on how you manage your finances. Learn to save money first then the rest will be used for expenses. If it is not enough, then look for unnecessary expenses. Pay off your debts fast because interest from that will eat your money away. If you can stick to that, you will be able to save and invest in the future. Investments can really help your financial status.
It all depends on individuals lifestyle. If earnings are less and, expenses are more then surely savings will be hard. But if one start keeping out a little bit of money every month and try to manage their costs from the left over money then they can save some money over the time. But these days all prices are going up without any limit, and it makes very hard for average people to save money.
true, that's why saving should be a commitment . Buy only things that you needed not the things you want. Also buy things that is durable so that you are not buying the same things in a short period of time.
It all depends on how you manage your finances. Learn to save money first then the rest will be used for expenses. If it is not enough, then look for unnecessary expenses. Pay off your debts fast because interest from that will eat your money away. If you can stick to that, you will be able to save and invest in the future. Investments can really help your financial status.
Saving money is not a hard job at all but it still is true that some people have trouble with it, I think that these people spend to much money when they have received money.
You always need to set a max of how much money you can spend per week.
nope I think the store is a difficult thing if the store is a simple matter of course everyone will not have problems in managing their finances and may be able to overcome the problem of waste and spending too much. but you see a lot of people extravagant and buy what they want you to know they are difficult to save moneyYou always need to set a max of how much money you can spend per week.
It all depends on individuals lifestyle. If earnings are less and, expenses are more then surely savings will be hard. But if one start keeping out a little bit of money every month and try to manage their costs from the left over money then they can save some money over the time. But these days all prices are going up without any limit, and it makes very hard for average people to save money.
Save it in fixed deposits to earn more interests annually as saving money in the banks is the safest way and even if something goes wrong with your money then bank will help you in recovering it.
Saving money is not a hard job at all but it still is true that some people have trouble with it, I think that these people spend to much money when they have received money.
You always need to set a max of how much money you can spend per week.
nope I think the store is a difficult thing if the store is a simple matter of course everyone will not have problems in managing their finances and may be able to overcome the problem of waste and spending too much. but you see a lot of people extravagant and buy what they want you to know they are difficult to save moneyYou always need to set a max of how much money you can spend per week.
It all depends on individuals lifestyle. If earnings are less and, expenses are more then surely savings will be hard. But if one start keeping out a little bit of money every month and try to manage their costs from the left over money then they can save some money over the time. But these days all prices are going up without any limit, and it makes very hard for average people to save money.
That's why the time you have family you need to have higher work that pays higher income, it is really different if you have family and your living alone. The things you need is 2x higher than you actually earning.
Honestly, those people who has a responsibility has a better saving strategy day by day because they only think to support that responsibility and erasing all the expenses with misc things.
Look how some big family can distribute their earnings 100% even their salary is just enough.
Include me in the list. Since I have now some monthly bills like motorcycle payment, internet bills, postpaid bills etc. I really improved now my saving strategy. My fiat salary is well organized now for those things I putting too. In the past, all my salary are just going for nothing since I don't have any responsibility but now I think Im different now when it comes to saving the money.
Saving money is not a hard job at all but it still is true that some people have trouble with it, I think that these people spend to much money when they have received money.
You always need to set a max of how much money you can spend per week.
nope I think the store is a difficult thing if the store is a simple matter of course everyone will not have problems in managing their finances and may be able to overcome the problem of waste and spending too much. but you see a lot of people extravagant and buy what they want you to know they are difficult to save moneyYou always need to set a max of how much money you can spend per week.
It all depends on individuals lifestyle. If earnings are less and, expenses are more then surely savings will be hard. But if one start keeping out a little bit of money every month and try to manage their costs from the left over money then they can save some money over the time. But these days all prices are going up without any limit, and it makes very hard for average people to save money.
It all depends on individuals lifestyle. If earnings are less and, expenses are more then surely savings will be hard. But if one start keeping out a little bit of money every month and try to manage their costs from the left over money then they can save some money over the time. But these days all prices are going up without any limit, and it makes very hard for average people to save money.
true, that's why saving should be a commitment . Buy only things that you needed not the things you want. Also buy things that is durable so that you are not buying the same things in a short period of time.
Saving money is not a hard job at all but it still is true that some people have trouble with it, I think that these people spend to much money when they have received money.
You always need to set a max of how much money you can spend per week.
nope I think the store is a difficult thing if the store is a simple matter of course everyone will not have problems in managing their finances and may be able to overcome the problem of waste and spending too much. but you see a lot of people extravagant and buy what they want you to know they are difficult to save moneyYou always need to set a max of how much money you can spend per week.
It all depends on individuals lifestyle. If earnings are less and, expenses are more then surely savings will be hard. But if one start keeping out a little bit of money every month and try to manage their costs from the left over money then they can save some money over the time. But these days all prices are going up without any limit, and it makes very hard for average people to save money.
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