Topic: How to save money. - page 56. (Read 345824 times)

the best plan is not to put all your egg's in one basket,for example if you are working in your real life and you are save some every month,never invest it all.
Better plan would be take lets say 30-35 % of your monthly saving and investing it,and the rest you got just deposit into bank account or wallet.

For saving money you should to spend money for genuine requriement.. then you can sva money

Yeah to save money one should spend it wisely, like buying only those that is your need and not your want.  Often times what we want cost more then what we need and that result to overspending.  There is no harm in being thrifty too.  You can set aside 10% of your monthly salary then spend the other to your need.  You will notice, doing that for a long time can buy you a house

the best plan is not to put all your egg's in one basket,for example if you are working in your real life and you are save some every month,never invest it all.
Better plan would be take lets say 30-35 % of your monthly saving and investing it,and the rest you got just deposit into bank account or wallet.

lessons I can from getting a larger salary but I do not have a plan to save is the bigger your salary the cost of living that you spend will be greater. it really happened to me. the higher your salary then you will be more likely to spend this is a fact. I think even if you have a high salary you must have a plan to save money

yes some people will feel their lives comfortable when they have some money. investment is the right choice, I invest my money in gold. I believe gold investment is the safest investments today.

U work in my real-life,8 hours a day.
I can live only out of it,but i wouldn't be happy at all.
That's why i make money on bitcoin,i do it smart.I save 45% of the weekly profit,45% i invest to get my profit bigger,and 10% i use to have some relax.
usually i payout a lot every month to get my life more interesting,im not a person who can save for a long time to get it out all many years later.

For saving money you should to spend money for genuine requriement.. then you can sva money

For saving money you should to spend money for genuine requriement.. then you can sva money

maybe if you live modestly, I think you can save money, and do not always buy goods that are not useful.
because to be honest I am also a simple life and it really helped me to save the financial.

Exactly as it goes when saving a money. Fixed earnings sometimes just fit to those fixed spendings. If people can maximize all source of their income and managed well those extra earnings they can put a little to their savings and eventually they will noticed that it's increasing as time passes by.

The strategy of saving money is not that hard to understand but actually saving money that is allot harder then most people are thinking.
Saving money also depends on how much money you are making, some people that do not make that much money do not save at all because they think it is useless.

That is what you called discipline, when you have that it would be easy for your to achieve your goals in saving money. As a discipline person, you know how to prioritize things and you will sacrifice your wants and focus on your needs more.

maybe if you live modestly, I think you can save money, and do not always buy goods that are not useful.
because to be honest I am also a simple life and it really helped me to save the financial.

That is what you called discipline, when you have that it would be easy for your to achieve your goals in saving money. As a discipline person, you know how to prioritize things and you will sacrifice your wants and focus on your needs more.

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 .

The best way to save your money is just have power of will, it will help you not to spend your money on useless purchases and other stuff. Everything depends on you guys.