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Topic: How to save money. - page 58. (Read 345824 times)

legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
July 02, 2016, 02:19:29 AM
This means to me like buying only the important things and not spending them for nothing this will amke you able to save a lot of money than you expected. As what they say you should live like a poor a person that dont want to think that i have to buy this and that but only preparing for your future or the right time. This will make you a very productive person for buying only the things that you need or you cannot survive without it. Spending much money will give you a lesser security in life.
Yeah saving for me is not easy if you are just save it for none safe place your savings are risky.. better to look for a safe place to save your money and choose bitcoin for saving money this is a smart way because you can get the benefits of bitcoin while the price is increase you are gaining a profit to while you are savings..
Of course, but it is never advisable to save all your money in bitcoin wallet because we can never know in the future, for me saving you money in the blockchain is called investment and saving is only when you deposited it to the bank.
legendary
Activity: 2058
Merit: 1030
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July 01, 2016, 12:13:22 PM
This means to me like buying only the important things and not spending them for nothing this will amke you able to save a lot of money than you expected. As what they say you should live like a poor a person that dont want to think that i have to buy this and that but only preparing for your future or the right time. This will make you a very productive person for buying only the things that you need or you cannot survive without it. Spending much money will give you a lesser security in life.
Yeah saving for me is not easy if you are just save it for none safe place your savings are risky.. better to look for a safe place to save your money and choose bitcoin for saving money this is a smart way because you can get the benefits of bitcoin while the price is increase you are gaining a profit to while you are savings..
full member
Activity: 210
Merit: 100
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July 01, 2016, 12:04:18 PM
This means to me like buying only the important things and not spending them for nothing this will amke you able to save a lot of money than you expected. As what they say you should live like a poor a person that dont want to think that i have to buy this and that but only preparing for your future or the right time. This will make you a very productive person for buying only the things that you need or you cannot survive without it. Spending much money will give you a lesser security in life.
legendary
Activity: 2436
Merit: 1008
July 01, 2016, 11:03:44 AM
My first advice would be to make an excel sheet with all your income and outcome
Note how much you spent and deduct it from your income. At the end of the moment see which cost were not needed.

Excel sheets are great for learning how much you actually make and spend weekly/monthly but do not rely on the extra income only set your base from guaranteed weekly/monthly income so you know that's what you're automatically getting then subtracting everything you do for that week/month even if it is not a guaranteed thing that you're going to do constantly.
You don't need excel sheet because there is an easy way, you just need to search for an app, download it and install in your phone, it has a template and all you need to do is just to fill it then you are good to go but remember you cannot achieve your goal if you do not follow it diligently.

Well both of your suggestion is just fine because it's depend on a user. It Person A feels using excel sheet then that's fine, if Person B wants an smartphone app also fine. People has different ways to take down their spendings. Most common is a small notebook or notes.
Yes and these sheets and apps are actually very important, because they might sound as a propaganda before saving but actually unless you do not know how much you earn and how much you waste, you can not save anything at the end of the day. Keeping track of records always good for peace of mind sake.

And besides it's not wrong. Since people using that are using it as a guide. If that is there way to monitor their spendings then I see no mistake to that kind of doings.

Every people has a preferred way to monitor their spendings so that they know how much they will saved.
legendary
Activity: 1176
Merit: 1024
July 01, 2016, 04:39:30 AM
My first advice would be to make an excel sheet with all your income and outcome
Note how much you spent and deduct it from your income. At the end of the moment see which cost were not needed.

Excel sheets are great for learning how much you actually make and spend weekly/monthly but do not rely on the extra income only set your base from guaranteed weekly/monthly income so you know that's what you're automatically getting then subtracting everything you do for that week/month even if it is not a guaranteed thing that you're going to do constantly.
You don't need excel sheet because there is an easy way, you just need to search for an app, download it and install in your phone, it has a template and all you need to do is just to fill it then you are good to go but remember you cannot achieve your goal if you do not follow it diligently.

Well both of your suggestion is just fine because it's depend on a user. It Person A feels using excel sheet then that's fine, if Person B wants an smartphone app also fine. People has different ways to take down their spendings. Most common is a small notebook or notes.
Yes and these sheets and apps are actually very important, because they might sound as a propaganda before saving but actually unless you do not know how much you earn and how much you waste, you can not save anything at the end of the day. Keeping track of records always good for peace of mind sake.
hero member
Activity: 952
Merit: 500
July 01, 2016, 12:39:38 AM
for me its better to save your extras in bitcoin than banks. bitcoin saving will be more profitable as every one saying and predicting that bitcoin price will raise up and reach 1000$ mark. I don't know its true or not. but saving in bitcoin won't let you regret.



We can save money in different ways.one of the method is storing it in bank or some others sources.Nowadays bitcoin facility help us to keep our money safe.This type of sources in the world open a wide range for the society...
Yeah, if your main goal is only saving you money then putting it on the bank is a good move as it is subject for insurance and you will not worry about your investment that only earn a little interest. However, as bitcoin enthusiast you need to consider the opportunity it brings in to our life.
legendary
Activity: 1372
Merit: 1005
July 01, 2016, 12:14:26 AM
for me its better to save your extras in bitcoin than banks. bitcoin saving will be more profitable as every one saying and predicting that bitcoin price will raise up and reach 1000$ mark. I don't know its true or not. but saving in bitcoin won't let you regret.



We can save money in different ways.one of the method is storing it in bank or some others sources.Nowadays bitcoin facility help us to keep our money safe.This type of sources in the world open a wide range for the society...
legendary
Activity: 2436
Merit: 1008
June 30, 2016, 11:36:28 PM
I think I was always good at saving but at least I have collected $ 2,000 since a few years ago only from bitcoin.
you just need to be diligent and do not be too extravagant and spend bitocin
That's true, we need to save while we are earning bitcoins and it is advisable to save in your wallet because by the time bitcoins will be more popular the value also increases.

buying bitcoin and holding it in a bitcoin wallet is the easiest thing that anybody can do and stay safe for a lot of years to come. but it is not as profitable as when you invest that bitcoin too, like in trading and make more bitcoin.

With the price of bitcoin always fluctuate, you are sure your coins are safe in lots of years to come? Quite true but it's still better if you will take action to your saved coins if ever in that period of time, something unusual happens.

Minimizing the loss is far way better than 0% balance.
hero member
Activity: 714
Merit: 501
June 30, 2016, 10:36:45 PM
I think I was always good at saving but at least I have collected $ 2,000 since a few years ago only from bitcoin.
you just need to be diligent and do not be too extravagant and spend bitocin
That's true, we need to save while we are earning bitcoins and it is advisable to save in your wallet because by the time bitcoins will be more popular the value also increases.

buying bitcoin and holding it in a bitcoin wallet is the easiest thing that anybody can do and stay safe for a lot of years to come. but it is not as profitable as when you invest that bitcoin too, like in trading and make more bitcoin.
hero member
Activity: 1148
Merit: 504
June 30, 2016, 10:28:24 PM
Saving should be the first priority of an individual as it will take care of you in crisis, either save in banks or you can even save your money at your home, save certain percentage of salary on regular basis.
Definitely, savings can help us in times of emergency, when you are earning regularly you need to prioritize saving a certain portion from your income on a monthly basis, to be safe put it in a bank as it is subject for insurance, and if you feel that you have save a lot already, just invest a little amount with bitcoins also.

That is a good advice. Saving is really important. Also with investment. But you do not have to limit your investment to bitcoin alone. There are a lot of investment opportunities out there. You should try that too. And if you are already earning a lot on your investment, then you can save more and repeat the process until you become millionaire.
hero member
Activity: 952
Merit: 500
June 30, 2016, 10:22:24 PM
I think I was always good at saving but at least I have collected $ 2,000 since a few years ago only from bitcoin.
you just need to be diligent and do not be too extravagant and spend bitocin
That's true, we need to save while we are earning bitcoins and it is advisable to save in your wallet because by the time bitcoins will be more popular the value also increases.
Indeed, saving is very important in preparation for our future, while we are earning here and there (day job) we need to set a portion of our income and that amount should be appropriated for a certain plans and project(investments) in the future.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
June 30, 2016, 09:53:39 PM
I think I was always good at saving but at least I have collected $ 2,000 since a few years ago only from bitcoin.
you just need to be diligent and do not be too extravagant and spend bitocin
That's true, we need to save while we are earning bitcoins and it is advisable to save in your wallet because by the time bitcoins will be more popular the value also increases.
member
Activity: 70
Merit: 10
June 30, 2016, 09:53:03 PM
for me its better to save your extras in bitcoin than banks. bitcoin saving will be more profitable as every one saying and predicting that bitcoin price will raise up and reach 1000$ mark. I don't know its true or not. but saving in bitcoin won't let you regret.
hero member
Activity: 518
Merit: 500
June 30, 2016, 09:08:51 PM
I think I was always good at saving but at least I have collected $ 2,000 since a few years ago only from bitcoin.
you just need to be diligent and do not be too extravagant and spend bitocin
That's a huge savings already. And all that is on bitcoin, you are saying? I wish I could have the same amount as you do. As you said, we must be smart with how we spend our money and try to live a not so lavish lifestyle. A simple life entails less expenses and more savings for the future.
sr. member
Activity: 420
Merit: 250
June 30, 2016, 06:06:27 PM
I think I was always good at saving but at least I have collected $ 2,000 since a few years ago only from bitcoin.
you just need to be diligent and do not be too extravagant and spend bitocin
legendary
Activity: 3374
Merit: 3095
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June 30, 2016, 05:25:08 PM
Just put them in a wallet and let your friend to change you password and tell him to give it to you after one year. Continue to save bitcoin and after one year you will have so much and with out spending anything.
Or just invest them in one year program that will make you have some profit and save some but it is a little risky you need to know a trustful program to invest in
Its not a good idea that you are give your wallet and private keys to your friend.. for me its better to save bitcoin in safety places..
I think buy a simple cpu os windows 7 with anti virus.. just install your wallet their like electrum or much better is bitcoin core just back all the important things private keys password etc.. and then just get your address for savings.. and dont open that cpu again and wait to open it again in few years.. just remember that the address you save already for savings..
sr. member
Activity: 462
Merit: 250
June 30, 2016, 04:56:27 PM
Just put them in a wallet and let your friend to change you password and tell him to give it to you after one year. Continue to save bitcoin and after one year you will have so much and with out spending anything.
Or just invest them in one year program that will make you have some profit and save some but it is a little risky you need to know a trustful program to invest in
sr. member
Activity: 476
Merit: 250
June 30, 2016, 04:48:16 PM
Buy bitcoin and hold bitcoin and never spend any and that's saving money.
Lol I think if you buy bitcoin and then save it. I think it is not a method of saving money.
but it is a method of investing you know ?
hero member
Activity: 1078
Merit: 514
June 30, 2016, 04:11:12 PM
Buy bitcoin and hold bitcoin and never spend any and that's saving money.
And what you gonna do if Bitcoin will fails as system generally and all your money will disappear? You can't predict that something like that may not to happen, be honest.
sr. member
Activity: 389
Merit: 250
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June 30, 2016, 03:39:56 PM
Buy bitcoin and hold bitcoin and never spend any and that's saving money.
though it is not such an easy thing to do in my opinion because there are a lot of stuff that you might use up your money, so in order to save your money you have to put a lot of effort into it

i think in order to save your money you have to keep your bitcoins really safe, also you shouldnt gamble any of your funds or trade because this would bring you only losses
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