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Topic: How to save money. - page 59. (Read 345783 times)

legendary
Activity: 1386
Merit: 1058
June 30, 2016, 03:17:44 PM
for saving money ..firstly you sholud to not spend money extra ....money spend only where necessary...or need .. then you can save money....
You guys might find it funny but what I do is give my friends loans ( the friends I know in real life ). This way I can not spend those bitcoins and earn small interest too at the same time.
hero member
Activity: 658
Merit: 500
June 30, 2016, 01:42:39 PM
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 .

if we would talk how to save bitcoins only, not money overall, i think it would be bad to invest bitcoins somewhere as it is quite risky to place your money in these gambling or other sites

but it is always good idea to have some money, money reserves in bank or bitcoins wallet, and if you add more money there each month for example, it will be really good for you
legendary
Activity: 2884
Merit: 1258
Hire Bitcointalk Camp. Manager @ r7promotions.com
June 30, 2016, 01:02:25 PM
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.
Try google sheets, its easy and convenient. But I wonder why you need sheets for saving money ? Saving money is an hobby and at this time when price is high it can be very nice to save some money.

I agree you should make it a hobby to save money.  It will turn out to be automatic everytime you have your monthly pay. Once, I heard that in order to save money you should be thrifty.  The first you do when payout come is to set aside the portion you wanted to save then alot the budget for the month after.
hero member
Activity: 826
Merit: 1000
June 30, 2016, 03:55:56 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.
Try google sheets, its easy and convenient. But I wonder why you need sheets for saving money ? Saving money is an hobby and at this time when price is high it can be very nice to save some money. But having some extra works will boost up your hobby.

To save money and secure your savings you must need a strong will. Other wise you will save for some time but you might spend your saving after some time. In that case, saving does not have any meaning.
hero member
Activity: 952
Merit: 500
June 30, 2016, 01:51:06 AM
Need to think first how much money you can waste on your needs without any problems and than you should work with this plan everytime.
Of course because in life, it is not all about saving money, we should also spend in order to enjoy our stay in this world. But as a person, we need to spend only those things that would give us happiness and that happiness should not destroy our life in the future, spend for leisure, even gambling but controlled gambling.
sr. member
Activity: 434
Merit: 251
June 29, 2016, 03:18:09 PM
Need to think first how much money you can waste on your needs without any problems and than you should work with this plan everytime.
hero member
Activity: 826
Merit: 1000
June 29, 2016, 03:11:41 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.

Theres a certain point one has to make a decisions of where their main principal balance goes into.

Or just having cash around and let it do nothing - so saving money can come from just protecting each years inflation by puttig into gold.
legendary
Activity: 2436
Merit: 1008
June 29, 2016, 03:02:22 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.

Well yes and really a must thing to do.

Saving money is not always for seeking profits (in terms of saving bitcoin). It purpose is to take care of our financial needs when we need it most. We are disregarding the inflation since even it moves its value by lower or higher, still we can have the benefits of our saved money.
legendary
Activity: 2926
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
June 29, 2016, 02:01:36 PM
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.
Yes this way you can easily calculate how much you are actually loosing with your rubbish hobbies like gambling and others. Yes this is surely a superb idea and this is very very useful to me, thanks man !
sr. member
Activity: 448
Merit: 250
June 29, 2016, 05:38:36 AM
Buy bitcoin and hold bitcoin and never spend any and that's saving money.
Yeah technically that is saving money but only if you are able to make your money back buy selling them.
If the price is under what you bought for and you have to sell then you just saved and bought for no reason.
legendary
Activity: 1232
Merit: 1029
June 29, 2016, 03:27:31 AM
Need to understand how much you can get and how much you can waste on choosed by you timeline, and also you should try to save some money everytime when you get your salary or something else.
Well you can earn by different ways like signature, surveys, etc but saving that money is important and I know some people who earn a lot of money but they gamble too much and loose all. I think lock your money maybe can help to save bitcoins.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
June 29, 2016, 01:11:03 AM
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.
hero member
Activity: 700
Merit: 500
June 29, 2016, 01:07:02 AM
Buy bitcoin and hold bitcoin and never spend any and that's saving money.
Yeah well invested is equal to saving your money and re-investing can be the money doubler simply Smiley its always good to hold some bitcoin and start investing in some casinos or some website projects Cheesy
legendary
Activity: 1218
Merit: 1007
June 29, 2016, 12:53:36 AM
Saving money is not only possible, it's imperative that you save when your discretionary money are limited.

"When your budget is tight, one random expense has a huge impact because it's harder to come up with the money.

Finding a way to start saving money so that unexpected expenses aren't so devastating may not be easy. But shifting your thought patterns can yield long-term results.

"Being a 'saver' as opposed to a 'spender' is a mindset that may not be natural to most people,". "However, it can be developed through practice."

Here are some ways to save money when money is tight.

Shop smarter
keep the change
Pay yourself first
Save with purpose
Stop using credit cards
Create a budget list.


These are very good advices which most people neglect or do not take seriously. Small expenses when added up can really be big in the long run, for example, a pack of cigarette a day. Multiply that by 365 days and you would be surprised how much you are spending on things that are unnecessary.
Well the best way to save a lot of money is to simply stop doing most of the things you do, use as little electricity as possible, use as little water as possible, drive as much as possible and find any way to cut whatever other costs may exist.

Drinking money is especially a big thing for a fair number of people. When they stop going out to drink with their friends and so they can save a lot of money, and if someone never starts drinking, they can save tens of thousands of dollars.
hero member
Activity: 518
Merit: 500
June 29, 2016, 12:48:07 AM
Saving money is not only possible, it's imperative that you save when your discretionary money are limited.

"When your budget is tight, one random expense has a huge impact because it's harder to come up with the money.

Finding a way to start saving money so that unexpected expenses aren't so devastating may not be easy. But shifting your thought patterns can yield long-term results.

"Being a 'saver' as opposed to a 'spender' is a mindset that may not be natural to most people,". "However, it can be developed through practice."

Here are some ways to save money when money is tight.

Shop smarter
keep the change
Pay yourself first
Save with purpose
Stop using credit cards
Create a budget list.


These are very good advices which most people neglect or do not take seriously. Small expenses when added up can really be big in the long run, for example, a pack of cigarette a day. Multiply that by 365 days and you would be surprised how much you are spending on things that are unnecessary.
full member
Activity: 181
Merit: 101
June 29, 2016, 12:36:53 AM
Buy bitcoin and hold bitcoin and never spend any and that's saving money.
full member
Activity: 224
Merit: 100
June 29, 2016, 12:34:14 AM
Saving money is not only possible, it's imperative that you save when your discretionary money are limited.

"When your budget is tight, one random expense has a huge impact because it's harder to come up with the money.

Finding a way to start saving money so that unexpected expenses aren't so devastating may not be easy. But shifting your thought patterns can yield long-term results.

"Being a 'saver' as opposed to a 'spender' is a mindset that may not be natural to most people,". "However, it can be developed through practice."

Here are some ways to save money when money is tight.

Shop smarter
keep the change
Pay yourself first
Save with purpose
Stop using credit cards
Create a budget list.

hero member
Activity: 938
Merit: 1000
June 28, 2016, 07:22:27 AM
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.
full member
Activity: 172
Merit: 100
bitcoin bitcoinci den alınır . bitcoinci
June 28, 2016, 06:52:00 AM
if you buy you will save and earn money for long time period
legendary
Activity: 2688
Merit: 1065
Undeads.com - P2E Runner Game
June 28, 2016, 06:43:18 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.
i think sheets wouldnt help a lot too because if you make the income and payments table it will definitely not allow you to save, it will just show where you spend money

i think the best way to save your money is to just not do any gambling and protect your bitcoins in a cold storage and thats it, there are no other ways to do that i think

It's not for helping purposes. He stated that for monitoring. Like I said in my previous post above your post, it's just fine if person are comfortable with kind of method or strategy to monitor their expenses and savings.
The real success in savings starts with us, regardless of how many good method and excel sheets you have but with lack of implementation you cannot achieve your goal, that is the first phase in having a safe life in the future because you don't hold the future and emergencies may happen.

A big lol on your post. Of course that is the real score in saving the money. It's not stated that excel will help you to save money. Like I said it's just for monitoring by the other person and they find it good if they are using it. And also it's not "mandatory". You know the meaning of mandatory? There are just people who like to use it. Whew simple statement you can't understand.
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