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Topic: How to save money. - page 54. (Read 345824 times)

sr. member
Activity: 406
Merit: 250
July 14, 2016, 04:19:14 AM
Saving money is mandatory if you have a regular job you will set a portion for your savings and the rest you can used anywhere you want. You can also save you money in the bank to have an interest it is additional for you earnings.
sr. member
Activity: 378
Merit: 250
July 14, 2016, 03:53:37 AM
Ask yourself with you purchases if it will Help you het wealthier
sr. member
Activity: 378
Merit: 250
BULL RUN until 2030
July 14, 2016, 03:17:18 AM
True you provide me a way to save my money so I will follow your advice and save money for my future expenses....
I'm sure the bank is good enough to keep the money that you have, but it will reduce your money on each month, because the tax on banks. if you want to save money you have with potential which could make it grow, then save the money you have in the form of bitcoin is a good thing, because if the price of bitcoin, then the amount of money you have will grow, but you also must be prepared to accept risk because bitcoin prices could also decline
Your money will not be reduce because the tax they will charge is base only on the interest income of your deposits but the real problem here is you deposit will reduce its value overtime due to inflation and that does not happen in bitcoin.

Inflation in fiat goes for a long process. And besides no point of comparing fiat inflation to bitcoin inflation. People use bitcoin investment so it's obvious that price volatility in bitcoin is more active than fiat.

People save money on banks not because of the sole purpose of expecting an interest. If you are a long time bank investors there are lots of benefits you can use since you are eligible in some of their good offers that can really give you a stable life.
Like what? I don't see banks can give us a good return with our investment, if you are referring with their time deposits where a certain deposit will earn a higher interest compared to a normal rates that still would not be enough, I would still choose bitcoins in that matter.
legendary
Activity: 2688
Merit: 1065
Undeads.com - P2E Runner Game
July 14, 2016, 02:27:52 AM
True you provide me a way to save my money so I will follow your advice and save money for my future expenses....
I'm sure the bank is good enough to keep the money that you have, but it will reduce your money on each month, because the tax on banks. if you want to save money you have with potential which could make it grow, then save the money you have in the form of bitcoin is a good thing, because if the price of bitcoin, then the amount of money you have will grow, but you also must be prepared to accept risk because bitcoin prices could also decline
Your money will not be reduce because the tax they will charge is base only on the interest income of your deposits but the real problem here is you deposit will reduce its value overtime due to inflation and that does not happen in bitcoin.

Inflation in fiat goes for a long process. And besides no point of comparing fiat inflation to bitcoin inflation. People use bitcoin investment so it's obvious that price volatility in bitcoin is more active than fiat.

People save money on banks not because of the sole purpose of expecting an interest. If you are a long time bank investors there are lots of benefits you can use since you are eligible in some of their good offers that can really give you a stable life.
hero member
Activity: 952
Merit: 500
July 14, 2016, 01:39:37 AM
True you provide me a way to save my money so I will follow your advice and save money for my future expenses....
I'm sure the bank is good enough to keep the money that you have, but it will reduce your money on each month, because the tax on banks. if you want to save money you have with potential which could make it grow, then save the money you have in the form of bitcoin is a good thing, because if the price of bitcoin, then the amount of money you have will grow, but you also must be prepared to accept risk because bitcoin prices could also decline
Your money will not be reduce because the tax they will charge is base only on the interest income of your deposits but the real problem here is you deposit will reduce its value overtime due to inflation and that does not happen in bitcoin.
legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
July 13, 2016, 01:47:12 PM
True you provide me a way to save my money so I will follow your advice and save money for my future expenses....
I'm sure the bank is good enough to keep the money that you have, but it will reduce your money on each month, because the tax on banks. if you want to save money you have with potential which could make it grow, then save the money you have in the form of bitcoin is a good thing, because if the price of bitcoin, then the amount of money you have will grow, but you also must be prepared to accept risk because bitcoin prices could also decline
hero member
Activity: 798
Merit: 500
July 13, 2016, 01:30:36 PM
Good post, I will keep this in mind (20% of salary sounds good but some people might not have enough of a salary to save that much), but how are you making $7.5 an hour. I am assuming you live in a country other than the US or Canada where that wage would be illegal because your language/grammar is a tiny bit off and the wage of $7.5 would be illegal here. Where are you from?

Many people here in philippines i think there are no saving why? Because the salary here is a provincial rate its 280 php its not enough for daily living. So that others get depth. So many people get work in another country to have a good future for there children to earn and save money. They take a risk from another country to have a good salary.
sr. member
Activity: 322
Merit: 250
July 13, 2016, 12:00:52 PM
True you provide me a way to save my money so I will follow your advice and save money for my future expenses....
hero member
Activity: 574
Merit: 500
July 10, 2016, 03:29:31 PM
That's a good tips list. The best one I like is number 8 watching your savings grow, because that is how you can save more. If you have optimized your savings, it will only grow.


But no. 8 is not an advice nor a saving tips. It's a common thing yourself will automatically do once you achieved and properly do all your savings goals carefully.

That's the best part of saving the money, watching it fully grows. Smiley
Yeah i also think what for we watch we savings funds if you has know how much we have save in the banks at least with saving your money will not grow a lot.
I think if you save a lot of money in the bank you can see your deposit money will grow very nice but if you only have a little money I think the growth of your money will be lost or devoured by the bank administration fees every month. I almost forgot if Coinbase also has a system of interest?

I would even say you need really a lot,in my country you wont make a deposit to get some % more of every year,
if you wont have about 1-3 btc in fiat,so that is not fine for me to invest there,and the growth is very very slow.
The best way to invest or deposit in a bank is to avail there timely deposit savings but I still don't buy that method because I have a great income investing or saving here in bitcoins that the bank offers.
Bank never offers great way to produce income,i mean you can actually earn a lot
doing that,but you would need enourmous amount of $.
And you can earn pretty well with btc having not much $,am i right?
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
July 10, 2016, 08:14:03 AM
That's a good tips list. The best one I like is number 8 watching your savings grow, because that is how you can save more. If you have optimized your savings, it will only grow.


But no. 8 is not an advice nor a saving tips. It's a common thing yourself will automatically do once you achieved and properly do all your savings goals carefully.

That's the best part of saving the money, watching it fully grows. Smiley
Yeah i also think what for we watch we savings funds if you has know how much we have save in the banks at least with saving your money will not grow a lot.
I think if you save a lot of money in the bank you can see your deposit money will grow very nice but if you only have a little money I think the growth of your money will be lost or devoured by the bank administration fees every month. I almost forgot if Coinbase also has a system of interest?

I would even say you need really a lot,in my country you wont make a deposit to get some % more of every year,
if you wont have about 1-3 btc in fiat,so that is not fine for me to invest there,and the growth is very very slow.
The best way to invest or deposit in a bank is to avail there timely deposit savings but I still don't buy that method because I have a great income investing or saving here in bitcoins that the bank offers.
hero member
Activity: 574
Merit: 500
July 09, 2016, 07:46:39 AM
That's a good tips list. The best one I like is number 8 watching your savings grow, because that is how you can save more. If you have optimized your savings, it will only grow.


But no. 8 is not an advice nor a saving tips. It's a common thing yourself will automatically do once you achieved and properly do all your savings goals carefully.

That's the best part of saving the money, watching it fully grows. Smiley
Yeah i also think what for we watch we savings funds if you has know how much we have save in the banks at least with saving your money will not grow a lot.
I think if you save a lot of money in the bank you can see your deposit money will grow very nice but if you only have a little money I think the growth of your money will be lost or devoured by the bank administration fees every month. I almost forgot if Coinbase also has a system of interest?

I would even say you need really a lot,in my country you wont make a deposit to get some % more of every year,
if you wont have about 1-3 btc in fiat,so that is not fine for me to invest there,and the growth is very very slow.
hero member
Activity: 518
Merit: 500
July 09, 2016, 07:35:13 AM
That's a good tips list. The best one I like is number 8 watching your savings grow, because that is how you can save more. If you have optimized your savings, it will only grow.


But no. 8 is not an advice nor a saving tips. It's a common thing yourself will automatically do once you achieved and properly do all your savings goals carefully.

That's the best part of saving the money, watching it fully grows. Smiley
Yeah i also think what for we watch we savings funds if you has know how much we have save in the banks at least with saving your money will not grow a lot.
I think if you save a lot of money in the bank you can see your deposit money will grow very nice but if you only have a little money I think the growth of your money will be lost or devoured by the bank administration fees every month. I almost forgot if Coinbase also has a system of interest?
legendary
Activity: 1008
Merit: 1060
July 09, 2016, 06:24:52 AM
By the nature of life one could only earn as much as having some amounts to firstly provide a roof for his/her family and food/cloths.

So savings means nothing since naturally you shouldn't have more than what it needs to live your life.
People who are rich either stole or scam lots of people or at least have wronged others by so many means. if all the people shared their
Wealth with each other no one could starve and be poor, but most people have no idea that wealth wont last for ever.
Now 10% of planet earth's population has their hands on 90% of it's resources and means to produce wealth and have no intention
To share them what so ever.


I'm going to ask you, are you willing to distribute your money to all the people in the world? Roll Eyes





Not all rich people have scammed or stolen money from other people. I'm kind of curious about your mindset. How come you think of rich people like that? Do you have rich people issues? Rich people have worked their way to reach the success that they want in life. They persevered and become excellent at something that's why people are paying them. You can't blame them if money is what you'll get for your excellence.

On a side note, it will be impossible to distribute the same amount of money/resources to everybody in the world.  You have to divide it to 7 billion units and give it to them. No one will do all this trouble. Just accept that there are wealthy people and there are poor people. It is what it is.
hero member
Activity: 532
Merit: 500
July 09, 2016, 06:09:14 AM
Here are some other suggestions you may want to apply if you have a credit card. Because it can really add to saving money

● Keep track of your purchases and carefully match them to your monthly statements to be sure that you’re charged only for purchases you made.

● Pay your credit-card bill promptly. If possible, pay it in full.

● Be very cautious about giving your credit-card number and expiration date over the phone or online.

● Avoid using your credit card as a means of obtaining quick cash. Cash advances usually incur a higher interest rate.
I prefer not to use a credit card? why because it will allow you to do a huge spendin it provides convenience
to shop and you will more often to shop and it will make you more wasteful and could not collecting the money
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
July 08, 2016, 10:29:40 PM
By the nature of life one could only earn as much as having some amounts to firstly provide a roof for his/her family and food/cloths.

So savings means nothing since naturally you shouldn't have more than what it needs to live your life.
People who are rich either stole or scam lots of people or at least have wronged others by so many means. if all the people shared their
Wealth with each other no one could starve and be poor, but most people have no idea that wealth wont last for ever.
Now 10% of planet earth's population has their hands on 90% of it's resources and means to produce wealth and have no intention
To share them what so ever.
Even though you are not earning that much we still need to set aside savings as it is compulsory in my opinion, the problem with the poor is we lack discipline on savings and we tend to think of buying unnecessary things instead of putting it as savings.
hero member
Activity: 924
Merit: 506
July 08, 2016, 10:10:38 PM
By the nature of life one could only earn as much as having some amounts to firstly provide a roof for his/her family and food/cloths.

So savings means nothing since naturally you shouldn't have more than what it needs to live your life.
People who are rich either stole or scam lots of people or at least have wronged others by so many means. if all the people shared their
Wealth with each other no one could starve and be poor, but most people have no idea that wealth wont last for ever.
Now 10% of planet earth's population has their hands on 90% of it's resources and means to produce wealth and have no intention
To share them what so ever.
member
Activity: 98
Merit: 10
July 08, 2016, 09:55:22 PM
I agree how to save your money, no matter how small, learn how to save a portion of your salary for the purpose of investing. You may have heard about the 10-20-70 principle before. To help you accomplish the ideal saving habit, we recommend that you do the same thing.Upon receiving your salary, divide it accordingly: 10%, 20%, and 70%.

Take the 10% which you can save for your emergency fund, or for paying off debt. Or if you are religiously inclined, you can give it to where you receive your spiritual nourishment. This is what they call tithing.

Next, set aside the 20% for your savings and/or investments. Separate it immediately and deposit to a different bank account or into your investment.
sr. member
Activity: 434
Merit: 251
July 08, 2016, 04:59:41 PM
Just need to think about future and don't waste money when it's not necessary and profit! You just saved a $100, whe you are doing the same 10 times you already got $1000 Grin
hero member
Activity: 504
Merit: 500
July 08, 2016, 04:48:10 PM
I think this tips/advice can help you Wink :

1. Record your expenses
2. Make a budget
3. Plan on saving money
4. Set savings goals
5. Decide on your priorities
6. Different savings and investment strategies for different goals
7. Make saving money easier with automatic transfers
8. Watch your savings grow

I just got those tips from this site (https://www.bankofamerica.com/deposits/manage/ways-to-save-money.go) and i think it's it will work Cheesy.

That's a good tips list. The best one I like is number 8 watching your savings grow, because that is how you can save more. If you have optimized your savings, it will only grow.

how to raise money to save? I know if you have a slightly saving money then you can not benefit from the interest right ?
i have little money how to I growing my money in saving ?
hero member
Activity: 714
Merit: 500
Me, myself and I
July 08, 2016, 01:34:20 PM
That's a good tips list. The best one I like is number 8 watching your savings grow, because that is how you can save more. If you have optimized your savings, it will only grow.


But no. 8 is not an advice nor a saving tips. It's a common thing yourself will automatically do once you achieved and properly do all your savings goals carefully.

That's the best part of saving the money, watching it fully grows. Smiley
Yeah i also think what for we watch we savings funds if you has know how much we have save in the banks at least with saving your money will not grow a lot.
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