How to save money. - page 63. | Bitcointalksearch.org

expert4knowledge

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Quote from: BitcoinHodler on June 23, 2016, 10:57:10 AM

best way of saving money is managing money or you can call it managing what you spend money on.

for example you can always cut some not necessary expenses, like gambling for example and put that money away in bank or invest it in something like bitcoin in order to have some profit also.

Such solutions seems to be unpractical when it comes to saving money and a better plan will be needed which is a predefined detailed plan.

blackmachinegun

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Quote from: GamingBro on June 23, 2016, 01:00:49 PM

Need to have a plan how you gonna waste your money, and also need to try using this plan everytime without any useless spendings, and power of will is also necessary.

yeah the plan was important. you can make a note of how much should you save and how much can you spend. so that you will never do again waste. because you already know your way now you do not need to be confused to do shopping. you can save with a tub with a good plan

techgeek

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Quote from: b0art on June 23, 2016, 02:00:51 PM

Q: How to save money.

Step 1
Buy bitcoins.

Step 2
Put the bitcoins on a paper wallet.

Step 3
Ask a TRUSTED friend or family member to hold the wallet and give it back to you in 10 years.

Step 4
Sell all your btc for fiat and put the money in the bank.

Step 5
Retire with all your savings.

Your step 1 depends on the price you bought at.

Step 2 is a bit skewed since most people dont know how to set it up correctly - and what other easier options there are like trezor or the other ones out there which is a plug in and go style.

Step 3 can be avoided but if youre not trusting yourself then it would have to be a family member preferred. Lot of these steps are very skewed which falls upon the last step of retiring which would be the price of what you sell it for on that time/date and if it rose drastically in the 10 years mentioned.

If it did rise in value, then by how much? Step 5 is more like a temporary retirement at best unless you have a ton in volume.

mobilestrike

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Quote from: b0art on June 23, 2016, 02:00:51 PM

Q: How to save money.

Step 1
Buy bitcoins.

Step 2
Put the bitcoins on a paper wallet.

Step 3
Ask a TRUSTED friend or family member to hold the wallet and give it back to you in 10 years.

Step 4
Sell all your btc for fiat and put the money in the bank.

Step 5
Retire with all your savings.

it is really a very good way to save some money for our future as I am and everyone is pretty sure that the price of bitcoin will be more higher after 10 years and all those who will have some coins will be richer of the world.

b0art

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Q: How to save money.

Step 1
Buy bitcoins.

Step 2
Put the bitcoins on a paper wallet.

Step 3
Ask a TRUSTED friend or family member to hold the wallet and give it back to you in 10 years.

Step 4
Sell all your btc for fiat and put the money in the bank.

Step 5
Retire with all your savings.

agustina2

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Quote from: Corenin on June 23, 2016, 12:08:27 PM

Quote from: agustina2 on June 23, 2016, 11:29:45 AM

Quote from: JessicaSe on June 23, 2016, 10:39:27 AM

Quote from: ardentvolcanoes on June 23, 2016, 09:52:31 AM

if you really want to save money you should record all your expenses and everytime you spend your money in some stuffs that are not actually included to your daily need you should plan to replace or return the money you have spent .

Its always good to have a plan and record of your expenses, you need to make sure that your expenses are not higher then your income or else you won't be able to save anytime.

Agree and really a big deal. That's why it's really a must that we can maximize all our source of income to get decent earnings in a regular and fixed basis so that at least we can managed properly those money meant for savings. With just a fixed income, saving money will be really hard even you have a decent plan to do it.

If you have only one source of income then it will be really difficult to save money, and you have to spend on basic necessities and take care of family too, it will good if we find multiple sources to earn.

One source of income is just fine if people really earns here much decently to the point that they can able to buy all the things aside from basic and general needs.

Earnings is they key factor so that people can save money properly. It doesn't matter if they relying only on one source but the important thing here is they earn much.

jamesl22

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Do not party, do not spend on girlfriend, do not go for movies on weekends, if you take care of this simple things then you can definitely save good amount of money for future.

romero121

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Divide the entire amount according to the needs. Also other than the emergency needs don't make additional expenses than the amount allotted. This would help you save more.

GamingBro

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Need to have a plan how you gonna waste your money, and also need to try using this plan everytime without any useless spendings, and power of will is also necessary.

Corenin

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Quote from: agustina2 on June 23, 2016, 11:29:45 AM

Quote from: JessicaSe on June 23, 2016, 10:39:27 AM

Quote from: ardentvolcanoes on June 23, 2016, 09:52:31 AM

if you really want to save money you should record all your expenses and everytime you spend your money in some stuffs that are not actually included to your daily need you should plan to replace or return the money you have spent .

Its always good to have a plan and record of your expenses, you need to make sure that your expenses are not higher then your income or else you won't be able to save anytime.

Agree and really a big deal. That's why it's really a must that we can maximize all our source of income to get decent earnings in a regular and fixed basis so that at least we can managed properly those money meant for savings. With just a fixed income, saving money will be really hard even you have a decent plan to do it.

If you have only one source of income then it will be really difficult to save money, and you have to spend on basic necessities and take care of family too, it will good if we find multiple sources to earn.

sallymeeh27

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Quote from: janggernaut on June 09, 2016, 03:49:36 AM

for me the best way to save your money is
1).dont spend it for something which you not really need
2). make sure if your wallet/place for saving your money is secure
3). investing in some alt coins, maybe in the long term, you can rich because the price of alt coins which u hold is high

I agree mostly that we have to do for us to save money is to really not spending much of it most especially to the things that you dont really need like material things. I believe so that you have to live as how poor live their life. Most people kasi lalo na sa ngayon na they think that SM or mall sale is a must ganyan din ako noon kaya nga mas madalas san napupunta ang pera ako. Think and search for some things na pwede pagkakitaan bukod sa work na meron ka ngayon.

xIIImaL

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Quote from: ardentvolcanoes on June 23, 2016, 09:52:31 AM

if you really want to save money you should record all your expenses and everytime you spend your money in some stuffs that are not actually included to your daily need you should plan to replace or return the money you have spent .

I think the best way for saving money is to use it in a way to make it generates for you some income , as long as its a passive one then that's a way you could start saving your money...

agustina2

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Quote from: JessicaSe on June 23, 2016, 10:39:27 AM

Quote from: ardentvolcanoes on June 23, 2016, 09:52:31 AM

if you really want to save money you should record all your expenses and everytime you spend your money in some stuffs that are not actually included to your daily need you should plan to replace or return the money you have spent .

Its always good to have a plan and record of your expenses, you need to make sure that your expenses are not higher then your income or else you won't be able to save anytime.

Agree and really a big deal. That's why it's really a must that we can maximize all our source of income to get decent earnings in a regular and fixed basis so that at least we can managed properly those money meant for savings. With just a fixed income, saving money will be really hard even you have a decent plan to do it.

BitcoinHodler

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best way of saving money is managing money or you can call it managing what you spend money on.

for example you can always cut some not necessary expenses, like gambling for example and put that money away in bank or invest it in something like bitcoin in order to have some profit also.

JessicaSe

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Quote from: ardentvolcanoes on June 23, 2016, 09:52:31 AM

if you really want to save money you should record all your expenses and everytime you spend your money in some stuffs that are not actually included to your daily need you should plan to replace or return the money you have spent .

Its always good to have a plan and record of your expenses, you need to make sure that your expenses are not higher then your income or else you won't be able to save anytime.

ardentvolcanoes

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if you really want to save money you should record all your expenses and everytime you spend your money in some stuffs that are not actually included to your daily need you should plan to replace or return the money you have spent .

nururochac

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Quote from: bitcoinhopper on June 22, 2016, 10:34:13 PM

If you want to safe money you simply need to make a plan to do this, I think that is the only way to really save up money on a very good way.

But if you want to be safe while making a little income, put it in the bank and watch interest rate added in your money annually.

agustina2

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Quote from: Seansky on June 23, 2016, 06:05:01 AM

Well man I think saving money is not that easy. If you want to save money, you should lessen your usage of water and electricity and maybe consider opening a savings account in a bank if your savings was big money so that it will have an interest but invest only in the bank you trust. You should also avoid buying things that are not really needed.

Well why would you allow to affect those real life things that we really need like usage of water and electricity if you are going on a saving money goals. First of all, usage of water and electricity must be used properly. Meaning you are using it for purposes and not on a wasted one.

But you know Ive been in the situation like that before. So make a solution to those problems. What solution I did? Find a stable source of earnings. And that is my real life job today. With my decent salary, I can save fiat now and budgeted properly every other payday. Plus bitcoin is just there in my wallet increasing more because I haven't using it regularly.

iqlimasyadiqa

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Quote from: Seansky on June 23, 2016, 06:05:01 AM

Well man I think saving money is not that easy. If you want to save money, you should lessen your usage of water and electricity and maybe consider opening a savings account in a bank if your savings was big money so that it will have an interest but invest only in the bank you trust. You should also avoid buying things that are not really needed.

yes it is normal. buy essential goods only. skimp then save money in the bank is a very wise choice.
do not ever try to take your money for things that are useless and unimportant.

BitcoinPC

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Quote from: Sandroxa on June 21, 2016, 12:16:33 PM

Yeah guys don't put all your eggs in one basket. I am trying to diversify my investments as much as possible and I don't put everything I own in just one place.
I am investing in Bitcoin currently because it has the highest chance to get a good ROI but I am also investing in gold and some stocks on the side for additional profit.

The more diversified and different investments you have it is better for you as you are safe from loss. If you have faced loss or scam in one investment, you still have other investments with you . It involves some planning if you really need to save money.

Topic: How to save money. - page 63. (Read 345783 times)