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Topic: How to save money. - page 49. (Read 345824 times)

legendary
Activity: 1148
Merit: 1006
July 24, 2016, 11:07:10 PM
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 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.
newbie
Activity: 15
Merit: 0
July 24, 2016, 10:36:22 PM
plenty of places to store money, just select the place where you want to save her visit the official blog of saving money
hero member
Activity: 1148
Merit: 504
July 24, 2016, 10:27:04 PM
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.
I think I am one of the those who has a big responsibility, I have a family so I need to work hard and of course save also as I never know what will happen in the future and I need to prepare for that for me and for the future of my family.

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.
The problem when you only start saving when you already have a family to support is that it will be harder to find money for savings. You will have to work double time to earn money. There will always be expenses and sometimes what you earn is not even enough. Then there are unexpected expenses like medical expenses. So you can't almost save unless you have a really high paying job.
hero member
Activity: 952
Merit: 500
July 24, 2016, 02:49:22 AM
These days every bitcoin user who are having jobs and working offline as well save their money in bitcoin, because they know that bitcoin has the potential to grow even higher in future and because of the growth of bitcoin their savings will grow as well because they have been buying bitcoins from their savings and when the price goes high they will sell them.
I am having a day job in my county and at the same time I am also earning bitcoin working here so I do not need to buy bitcoin for my savings and investment as I save all my earnings and only spend the money that I earn in day job to provide the needs of my family.
hero member
Activity: 756
Merit: 500
July 23, 2016, 07:17:20 AM
These days every bitcoin user who are having jobs and working offline as well save their money in bitcoin, because they know that bitcoin has the potential to grow even higher in future and because of the growth of bitcoin their savings will grow as well because they have been buying bitcoins from their savings and when the price goes high they will sell them.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
July 23, 2016, 02:35:12 AM
One of the best saving strategies is to pay yourself first. What this means is that you designate a certain amount of your paycheque as your pay (how novel) and you pay that money to yourself before you pay your bills or anyone else. This amount can be $25, $100 or maybe 10% of your paycheque. It can be any amount that you decide. The important part is that you pay yourself first rather than last. Most people pay all of the bills first and then save anything that might be left over. For most people, that method of saving doesn’t really work because nothing is left over to save.

If you pay yourself first, then money will get saved because paying yourself is now your first priority. The nice thing about this method is if your budget is a little tight, it forces you to make adjustments elsewhere and your savings continue to grow.

Paying yourself first also makes sense. Why are you going to work everyday anyway? To earn money for someone else? No way. You go to work to earn money for you and your family. That’s why you should pay yourself first—to make sure that your first priority is taken care of: you. It is not likely that anyone else is going to take care of you because they assume that you are taking care of yourself.

That is actually the best way to save money if someone is really serious about it, and if someone's salary is a little high or good enough he can save a good amount everytime he gets his salary, in that way he will not also have to do any adjustments because his salary is enough to cover everything.

If you want to be safe then saving money in fixed deposits is the best thing to do as you also get good interests from it which can be more valuable in future.
I think you are referring to savings in a bank. We should also consider that saving in a bank will only give us the security to safe keep our money but the interest would not suffice. It is still advisable that we need also to invest some from our savings to have a better future ahead of us.

That's true investment will help in giving us good profits in future which is not possible with savings but to have good balance I think one should go with both of them.

Correct, investment would be a big help on growing on your money rather than on saving it but its not bad to have savings but if youre a wise man get a little part of that savings and invest into something that you know that you can gain profit. So, if youre already gaining profit then you add it into savings just continue  the process then youll succedd on the end.
Investment can help you achieve your dream and by doing it you should be ambitious enough as that is too risky and you need to prepare yourself if the other way around happens. If one can succeed in saving money, he can also be successful in investing.

There are types of investment that is not too risky. If you are not a type of person that is a risk taker, you can take those types of investment. That includes but not limited to bond funds and balanced funds. Those investments can have a good interest rates that can beat inflation but the risk is just low.
You can invest with bonds but you need a decent amount of money to do that. On the other hand, if you have a little amount of income and you are just saving for your future you should always consider also investing and probably not in bonds.

With a little amount of invest you don't need to put in a low risk investment as you earnings will also be lower, try a high risk investment like bitcoin which has a good potential to be huge.
legendary
Activity: 2240
Merit: 1069
July 23, 2016, 12:49:40 AM
One of the best saving strategies is to pay yourself first. What this means is that you designate a certain amount of your paycheque as your pay (how novel) and you pay that money to yourself before you pay your bills or anyone else. This amount can be $25, $100 or maybe 10% of your paycheque. It can be any amount that you decide. The important part is that you pay yourself first rather than last. Most people pay all of the bills first and then save anything that might be left over. For most people, that method of saving doesn’t really work because nothing is left over to save.

If you pay yourself first, then money will get saved because paying yourself is now your first priority. The nice thing about this method is if your budget is a little tight, it forces you to make adjustments elsewhere and your savings continue to grow.

Paying yourself first also makes sense. Why are you going to work everyday anyway? To earn money for someone else? No way. You go to work to earn money for you and your family. That’s why you should pay yourself first—to make sure that your first priority is taken care of: you. It is not likely that anyone else is going to take care of you because they assume that you are taking care of yourself.

That is actually the best way to save money if someone is really serious about it, and if someone's salary is a little high or good enough he can save a good amount everytime he gets his salary, in that way he will not also have to do any adjustments because his salary is enough to cover everything.

If you want to be safe then saving money in fixed deposits is the best thing to do as you also get good interests from it which can be more valuable in future.
I think you are referring to savings in a bank. We should also consider that saving in a bank will only give us the security to safe keep our money but the interest would not suffice. It is still advisable that we need also to invest some from our savings to have a better future ahead of us.

That's true investment will help in giving us good profits in future which is not possible with savings but to have good balance I think one should go with both of them.

Correct, investment would be a big help on growing on your money rather than on saving it but its not bad to have savings but if youre a wise man get a little part of that savings and invest into something that you know that you can gain profit. So, if youre already gaining profit then you add it into savings just continue  the process then youll succedd on the end.
Investment can help you achieve your dream and by doing it you should be ambitious enough as that is too risky and you need to prepare yourself if the other way around happens. If one can succeed in saving money, he can also be successful in investing.

There are types of investment that is not too risky. If you are not a type of person that is a risk taker, you can take those types of investment. That includes but not limited to bond funds and balanced funds. Those investments can have a good interest rates that can beat inflation but the risk is just low.
hero member
Activity: 924
Merit: 1000
July 23, 2016, 12:48:46 AM
One of the best saving strategies is to pay yourself first. What this means is that you designate a certain amount of your paycheque as your pay (how novel) and you pay that money to yourself before you pay your bills or anyone else. This amount can be $25, $100 or maybe 10% of your paycheque. It can be any amount that you decide. The important part is that you pay yourself first rather than last. Most people pay all of the bills first and then save anything that might be left over. For most people, that method of saving doesn’t really work because nothing is left over to save.

If you pay yourself first, then money will get saved because paying yourself is now your first priority. The nice thing about this method is if your budget is a little tight, it forces you to make adjustments elsewhere and your savings continue to grow.

Paying yourself first also makes sense. Why are you going to work everyday anyway? To earn money for someone else? No way. You go to work to earn money for you and your family. That’s why you should pay yourself first—to make sure that your first priority is taken care of: you. It is not likely that anyone else is going to take care of you because they assume that you are taking care of yourself.

That is actually the best way to save money if someone is really serious about it, and if someone's salary is a little high or good enough he can save a good amount everytime he gets his salary, in that way he will not also have to do any adjustments because his salary is enough to cover everything.

If you want to be safe then saving money in fixed deposits is the best thing to do as you also get good interests from it which can be more valuable in future.
I think you are referring to savings in a bank. We should also consider that saving in a bank will only give us the security to safe keep our money but the interest would not suffice. It is still advisable that we need also to invest some from our savings to have a better future ahead of us.

That's true investment will help in giving us good profits in future which is not possible with savings but to have good balance I think one should go with both of them.

Correct, investment would be a big help on growing on your money rather than on saving it but its not bad to have savings but if youre a wise man get a little part of that savings and invest into something that you know that you can gain profit. So, if youre already gaining profit then you add it into savings just continue  the process then youll succedd on the end.
Investment can help you achieve your dream and by doing it you should be ambitious enough as that is too risky and you need to prepare yourself if the other way around happens. If one can succeed in saving money, he can also be successful in investing.
There is no  guarantee that you will succeed in investment as its not in your control but for the better future I think we need to take that risk and make sure that you have enough back up if your investment fails.
sr. member
Activity: 378
Merit: 250
BULL RUN until 2030
July 22, 2016, 11:32:02 PM
One of the best saving strategies is to pay yourself first. What this means is that you designate a certain amount of your paycheque as your pay (how novel) and you pay that money to yourself before you pay your bills or anyone else. This amount can be $25, $100 or maybe 10% of your paycheque. It can be any amount that you decide. The important part is that you pay yourself first rather than last. Most people pay all of the bills first and then save anything that might be left over. For most people, that method of saving doesn’t really work because nothing is left over to save.

If you pay yourself first, then money will get saved because paying yourself is now your first priority. The nice thing about this method is if your budget is a little tight, it forces you to make adjustments elsewhere and your savings continue to grow.

Paying yourself first also makes sense. Why are you going to work everyday anyway? To earn money for someone else? No way. You go to work to earn money for you and your family. That’s why you should pay yourself first—to make sure that your first priority is taken care of: you. It is not likely that anyone else is going to take care of you because they assume that you are taking care of yourself.

That is actually the best way to save money if someone is really serious about it, and if someone's salary is a little high or good enough he can save a good amount everytime he gets his salary, in that way he will not also have to do any adjustments because his salary is enough to cover everything.

If you want to be safe then saving money in fixed deposits is the best thing to do as you also get good interests from it which can be more valuable in future.
I think you are referring to savings in a bank. We should also consider that saving in a bank will only give us the security to safe keep our money but the interest would not suffice. It is still advisable that we need also to invest some from our savings to have a better future ahead of us.

That's true investment will help in giving us good profits in future which is not possible with savings but to have good balance I think one should go with both of them.

Correct, investment would be a big help on growing on your money rather than on saving it but its not bad to have savings but if youre a wise man get a little part of that savings and invest into something that you know that you can gain profit. So, if youre already gaining profit then you add it into savings just continue  the process then youll succedd on the end.
Investment can help you achieve your dream and by doing it you should be ambitious enough as that is too risky and you need to prepare yourself if the other way around happens. If one can succeed in saving money, he can also be successful in investing.
legendary
Activity: 3122
Merit: 1140
July 22, 2016, 10:35:32 PM
One of the best saving strategies is to pay yourself first. What this means is that you designate a certain amount of your paycheque as your pay (how novel) and you pay that money to yourself before you pay your bills or anyone else. This amount can be $25, $100 or maybe 10% of your paycheque. It can be any amount that you decide. The important part is that you pay yourself first rather than last. Most people pay all of the bills first and then save anything that might be left over. For most people, that method of saving doesn’t really work because nothing is left over to save.

If you pay yourself first, then money will get saved because paying yourself is now your first priority. The nice thing about this method is if your budget is a little tight, it forces you to make adjustments elsewhere and your savings continue to grow.

Paying yourself first also makes sense. Why are you going to work everyday anyway? To earn money for someone else? No way. You go to work to earn money for you and your family. That’s why you should pay yourself first—to make sure that your first priority is taken care of: you. It is not likely that anyone else is going to take care of you because they assume that you are taking care of yourself.

That is actually the best way to save money if someone is really serious about it, and if someone's salary is a little high or good enough he can save a good amount everytime he gets his salary, in that way he will not also have to do any adjustments because his salary is enough to cover everything.

If you want to be safe then saving money in fixed deposits is the best thing to do as you also get good interests from it which can be more valuable in future.
I think you are referring to savings in a bank. We should also consider that saving in a bank will only give us the security to safe keep our money but the interest would not suffice. It is still advisable that we need also to invest some from our savings to have a better future ahead of us.

That's true investment will help in giving us good profits in future which is not possible with savings but to have good balance I think one should go with both of them.

Correct, investment would be a big help on growing on your money rather than on saving it but its not bad to have savings but if youre a wise man get a little part of that savings and invest into something that you know that you can gain profit. So, if youre already gaining profit then you add it into savings just continue  the process then youll succedd on the end.
hero member
Activity: 3052
Merit: 606
July 22, 2016, 10:34:38 PM
One of the best saving strategies is to pay yourself first. What this means is that you designate a certain amount of your paycheque as your pay (how novel) and you pay that money to yourself before you pay your bills or anyone else. This amount can be $25, $100 or maybe 10% of your paycheque. It can be any amount that you decide. The important part is that you pay yourself first rather than last. Most people pay all of the bills first and then save anything that might be left over. For most people, that method of saving doesn’t really work because nothing is left over to save.

If you pay yourself first, then money will get saved because paying yourself is now your first priority. The nice thing about this method is if your budget is a little tight, it forces you to make adjustments elsewhere and your savings continue to grow.

Paying yourself first also makes sense. Why are you going to work everyday anyway? To earn money for someone else? No way. You go to work to earn money for you and your family. That’s why you should pay yourself first—to make sure that your first priority is taken care of: you. It is not likely that anyone else is going to take care of you because they assume that you are taking care of yourself.

That is actually the best way to save money if someone is really serious about it, and if someone's salary is a little high or good enough he can save a good amount everytime he gets his salary, in that way he will not also have to do any adjustments because his salary is enough to cover everything.

If you want to be safe then saving money in fixed deposits is the best thing to do as you also get good interests from it which can be more valuable in future.
I think you are referring to savings in a bank. We should also consider that saving in a bank will only give us the security to safe keep our money but the interest would not suffice. It is still advisable that we need also to invest some from our savings to have a better future ahead of us.

That's true investment will help in giving us good profits in future which is not possible with savings but to have good balance I think one should go with both of them.
Savings will take care of your future needs and investment will take care of your future wants. I think that is the way it should be, we invest because we want to live a comfortable life from our profit and part of having a comfortable life is to have a financial freedom that you could do anything you want.
hero member
Activity: 840
Merit: 1000
July 22, 2016, 08:57:16 PM
One of the best saving strategies is to pay yourself first. What this means is that you designate a certain amount of your paycheque as your pay (how novel) and you pay that money to yourself before you pay your bills or anyone else. This amount can be $25, $100 or maybe 10% of your paycheque. It can be any amount that you decide. The important part is that you pay yourself first rather than last. Most people pay all of the bills first and then save anything that might be left over. For most people, that method of saving doesn’t really work because nothing is left over to save.

If you pay yourself first, then money will get saved because paying yourself is now your first priority. The nice thing about this method is if your budget is a little tight, it forces you to make adjustments elsewhere and your savings continue to grow.

Paying yourself first also makes sense. Why are you going to work everyday anyway? To earn money for someone else? No way. You go to work to earn money for you and your family. That’s why you should pay yourself first—to make sure that your first priority is taken care of: you. It is not likely that anyone else is going to take care of you because they assume that you are taking care of yourself.

That is actually the best way to save money if someone is really serious about it, and if someone's salary is a little high or good enough he can save a good amount everytime he gets his salary, in that way he will not also have to do any adjustments because his salary is enough to cover everything.

If you want to be safe then saving money in fixed deposits is the best thing to do as you also get good interests from it which can be more valuable in future.
I think you are referring to savings in a bank. We should also consider that saving in a bank will only give us the security to safe keep our money but the interest would not suffice. It is still advisable that we need also to invest some from our savings to have a better future ahead of us.

That's true investment will help in giving us good profits in future which is not possible with savings but to have good balance I think one should go with both of them.
legendary
Activity: 1372
Merit: 1008
July 22, 2016, 08:54:11 PM
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 money
sr. member
Activity: 378
Merit: 250
BULL RUN until 2030
July 22, 2016, 08:08:24 AM
One of the best saving strategies is to pay yourself first. What this means is that you designate a certain amount of your paycheque as your pay (how novel) and you pay that money to yourself before you pay your bills or anyone else. This amount can be $25, $100 or maybe 10% of your paycheque. It can be any amount that you decide. The important part is that you pay yourself first rather than last. Most people pay all of the bills first and then save anything that might be left over. For most people, that method of saving doesn’t really work because nothing is left over to save.

If you pay yourself first, then money will get saved because paying yourself is now your first priority. The nice thing about this method is if your budget is a little tight, it forces you to make adjustments elsewhere and your savings continue to grow.

Paying yourself first also makes sense. Why are you going to work everyday anyway? To earn money for someone else? No way. You go to work to earn money for you and your family. That’s why you should pay yourself first—to make sure that your first priority is taken care of: you. It is not likely that anyone else is going to take care of you because they assume that you are taking care of yourself.

That is actually the best way to save money if someone is really serious about it, and if someone's salary is a little high or good enough he can save a good amount everytime he gets his salary, in that way he will not also have to do any adjustments because his salary is enough to cover everything.

If you want to be safe then saving money in fixed deposits is the best thing to do as you also get good interests from it which can be more valuable in future.
I think you are referring to savings in a bank. We should also consider that saving in a bank will only give us the security to safe keep our money but the interest would not suffice. It is still advisable that we need also to invest some from our savings to have a better future ahead of us.
hero member
Activity: 672
Merit: 500
July 22, 2016, 07:20:37 AM
One of the best saving strategies is to pay yourself first. What this means is that you designate a certain amount of your paycheque as your pay (how novel) and you pay that money to yourself before you pay your bills or anyone else. This amount can be $25, $100 or maybe 10% of your paycheque. It can be any amount that you decide. The important part is that you pay yourself first rather than last. Most people pay all of the bills first and then save anything that might be left over. For most people, that method of saving doesn’t really work because nothing is left over to save.

If you pay yourself first, then money will get saved because paying yourself is now your first priority. The nice thing about this method is if your budget is a little tight, it forces you to make adjustments elsewhere and your savings continue to grow.

Paying yourself first also makes sense. Why are you going to work everyday anyway? To earn money for someone else? No way. You go to work to earn money for you and your family. That’s why you should pay yourself first—to make sure that your first priority is taken care of: you. It is not likely that anyone else is going to take care of you because they assume that you are taking care of yourself.

That is actually the best way to save money if someone is really serious about it, and if someone's salary is a little high or good enough he can save a good amount everytime he gets his salary, in that way he will not also have to do any adjustments because his salary is enough to cover everything.

If you want to be safe then saving money in fixed deposits is the best thing to do as you also get good interests from it which can be more valuable in future.
hero member
Activity: 756
Merit: 500
July 22, 2016, 07:16:30 AM
One of the best saving strategies is to pay yourself first. What this means is that you designate a certain amount of your paycheque as your pay (how novel) and you pay that money to yourself before you pay your bills or anyone else. This amount can be $25, $100 or maybe 10% of your paycheque. It can be any amount that you decide. The important part is that you pay yourself first rather than last. Most people pay all of the bills first and then save anything that might be left over. For most people, that method of saving doesn’t really work because nothing is left over to save.

If you pay yourself first, then money will get saved because paying yourself is now your first priority. The nice thing about this method is if your budget is a little tight, it forces you to make adjustments elsewhere and your savings continue to grow.

Paying yourself first also makes sense. Why are you going to work everyday anyway? To earn money for someone else? No way. You go to work to earn money for you and your family. That’s why you should pay yourself first—to make sure that your first priority is taken care of: you. It is not likely that anyone else is going to take care of you because they assume that you are taking care of yourself.

That is actually the best way to save money if someone is really serious about it, and if someone's salary is a little high or good enough he can save a good amount everytime he gets his salary, in that way he will not also have to do any adjustments because his salary is enough to cover everything.
full member
Activity: 224
Merit: 100
July 22, 2016, 05:17:23 AM
One of the best saving strategies is to pay yourself first. What this means is that you designate a certain amount of your paycheque as your pay (how novel) and you pay that money to yourself before you pay your bills or anyone else. This amount can be $25, $100 or maybe 10% of your paycheque. It can be any amount that you decide. The important part is that you pay yourself first rather than last. Most people pay all of the bills first and then save anything that might be left over. For most people, that method of saving doesn’t really work because nothing is left over to save.

If you pay yourself first, then money will get saved because paying yourself is now your first priority. The nice thing about this method is if your budget is a little tight, it forces you to make adjustments elsewhere and your savings continue to grow.

Paying yourself first also makes sense. Why are you going to work everyday anyway? To earn money for someone else? No way. You go to work to earn money for you and your family. That’s why you should pay yourself first—to make sure that your first priority is taken care of: you. It is not likely that anyone else is going to take care of you because they assume that you are taking care of yourself.
full member
Activity: 182
Merit: 100
July 22, 2016, 05:01:15 AM
Just save a parentage of every money that you earn just put it on the side, this way you will be able to save money.
It is just like holding on to Bitcoin hold on to your money and not spend it.

Everyone knows that is the key to save money if you don't spend all you earn, but it would be far better for someone to save the money and buy bitcoins from what he is saving, in that way he would be earning some extra profit with the time because the price of bitcoin increases with the time.

Yeah saving money in bitcoin is an really great idea as your saving will grow over a period of time as price will be surely higher in future which can give you good profits.
This is repeatedly stated all the time and most probably going to happen  because of a controlled supply we have which will keep on making a new ground price as long as their is a new demand.
legendary
Activity: 2240
Merit: 1069
July 22, 2016, 02:28:11 AM
Just save a parentage of every money that you earn just put it on the side, this way you will be able to save money.
It is just like holding on to Bitcoin hold on to your money and not spend it.

But what if someone earn some amount of money and his expenditures are much higher that he will unable to save some money from them, that is what the OP want to ask I think, the better answer is that try to adopt some extra work like part time job and save from there

You will still have to stick to your plan of saving that certain percentage of money. Many people always fail to save money because they always allocate their money to expenses first and what is left is put into savings. That strategy will always fail. But if you set aside the money for saving, put it in a bank or somewhere safe and then work on the money you have left. If what left is not enough for your expenses, you should analyze your expenses and remove those that are not important and stick to basic expenses first. Do that until you find a better job or extra income.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
July 21, 2016, 10:36:56 PM
Need to save atleast 20% of salary Go for savings investment plans which deducts a part of salary from your account and gives you good returns in future and will also help in tax benefit purposes..thats the only way to save money who has a fixed amount of income..
this is a valid Idea. but every person can't afford to save 20% of salary every week. lots of people don't even getting that much money that they can feed their family properly. but yes try to save as much as you can because these small savings will help you alot in future.

20% can be quite a lot for some people. For me for example a lot of my income goes to monthly bills, like rent, phone, internet, insurance etc.
On average i try to save at least 10% every month. Sometimes i succeed, but there are times i don't

20% is too high for the average person to safe. Everybody got bills and need money to life.
Only if you have a very good salary you can perhaps safe that amount. On average 10 to max 15% is the max I think

Well, I think that 20% is quite reasonable in my opinion, I think I can constantly save that in a monthly basic, I just have to be discipline in saving and cut my expenses to priorities my savings. In a year doing that consistently I could already start my own business in that matter.
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