How to save money. - page 65. | Bitcointalksearch.org

chaser15

legendary

Activity: 2688

Merit: 1065

Undeads.com - P2E Runner Game

Quote from: sobsitesearch on June 21, 2016, 12:02:08 AM

As of now i think we need to save money in terms because this will give us a good profit in the future while saving in fiat no risk but you can not earn profit on it.

Profit? So all in all you will just saved money because of that kind of purpose.

Fiat in the first place, why it must be saved is to cover your urgent needs and purposes. Why care for profit if we will have to save fiat. Fiat is mostly used as currencies that's why price volatility here is not that active. What does this mean? It will not overvalued even you save it for decades and centuries. It will just changed it's appearance.

lienfaye

hero member

Activity: 3010

Merit: 629

Quote from: sk00t3r on June 19, 2016, 03:42:18 PM

Stop spending money on your girlfriend and you will surely save a good amount of money for future, I hope you got my point, stop spending on useless things, and girlfriend is one of them.

Thats right, dont spend your money in things that is less important. many people can save something regardless of their income. just start to save a little will help build the habit of saving.

fkvidar

hero member

Activity: 924

Merit: 1000

Quote from: mirakal on June 21, 2016, 03:46:51 AM

Quote from: Doms on June 21, 2016, 12:27:27 AM

Quote from: peta4e on June 20, 2016, 04:49:51 AM

Quote from: Evansloin on June 20, 2016, 04:47:03 AM

When ever u have money. What some people predict in future it will be good to buy even if its double then now.
It also depends what u plan to do with them. Saving or trading, maybe some other investment.. u have a lot of choices all u need to do is to find best for you.

If you want to grow your money in future then investment is the key, but saving is also good as you have access to your money whenever you want so it can help you at the time of emergencies.

Agree on this. A portion of your total assets must always be liquid and easily accessible, just so you'd have readily available cash whenever the need arises. This is where banks are of great help. Investments are something that should be thought of properly to make the most out of it and at the same time avoid being scammed or duped.

Of course that is important, you don't need to put your money only in one basket as it is not advisable. Whether you are saving or investing you need to have a concrete plan in accessing you money, banks is good for savings because you savings is subject for insurance if anything goes wrong with the bank.
[/quote

No doubt interest paid by banks is too low but it is the safest place to save your money and you can use it whenever you want, investments are risky but to have better life in future that risk must be taken.

mirakal

legendary

Activity: 3108

Merit: 1290

Leading Crypto Sports Betting & Casino Platform

Quote from: Doms on June 21, 2016, 12:27:27 AM

Quote from: peta4e on June 20, 2016, 04:49:51 AM

Quote from: Evansloin on June 20, 2016, 04:47:03 AM

When ever u have money. What some people predict in future it will be good to buy even if its double then now.
It also depends what u plan to do with them. Saving or trading, maybe some other investment.. u have a lot of choices all u need to do is to find best for you.

If you want to grow your money in future then investment is the key, but saving is also good as you have access to your money whenever you want so it can help you at the time of emergencies.

Agree on this. A portion of your total assets must always be liquid and easily accessible, just so you'd have readily available cash whenever the need arises. This is where banks are of great help. Investments are something that should be thought of properly to make the most out of it and at the same time avoid being scammed or duped.

Of course that is important, you don't need to put your money only in one basket as it is not advisable. Whether you are saving or investing you need to have a concrete plan in accessing you money, banks is good for savings because you savings is subject for insurance if anything goes wrong with the bank.

Doms

hero member

Activity: 714

Merit: 500

Quote from: peta4e on June 20, 2016, 04:49:51 AM

Quote from: Evansloin on June 20, 2016, 04:47:03 AM

When ever u have money. What some people predict in future it will be good to buy even if its double then now.
It also depends what u plan to do with them. Saving or trading, maybe some other investment.. u have a lot of choices all u need to do is to find best for you.

If you want to grow your money in future then investment is the key, but saving is also good as you have access to your money whenever you want so it can help you at the time of emergencies.

Agree on this. A portion of your total assets must always be liquid and easily accessible, just so you'd have readily available cash whenever the need arises. This is where banks are of great help. Investments are something that should be thought of properly to make the most out of it and at the same time avoid being scammed or duped.

sobsitesearch

sr. member

Activity: 406

Merit: 250

Quote from: BeGoods on June 20, 2016, 06:54:47 PM

Quote from: dezoel on June 18, 2016, 12:45:49 PM

Quote from: MFahad on June 18, 2016, 02:32:33 AM

You are right, saving is good habit, specially it is necessary for the salaried persons, because when we become old and than we will be jobless, in that time saving is really help us in every way, if we save regularly every month, than definitely it help us in our emergencies.

Why you want to save money in fiat? I think you should save part of your salary in bitcoin on monthly basis, as this saving will really add value to your wealth in future.

I think it reduces the risk if you keep in fiat. I think if you keep money in bitcoin it was included in the investment mate because the major currencies we use is fiat. so it is not possible if you want to save money. but instead you save bitcoin. it was included in the investment. save the fiat because you use fiat in everyday transactions

As of now i think we need to save money in terms because this will give us a good profit in the future while saving in fiat no risk but you can not earn profit on it.

BeGoods

legendary

Activity: 1372

Merit: 1008

Quote from: dezoel on June 18, 2016, 12:45:49 PM

Quote from: MFahad on June 18, 2016, 02:32:33 AM

You are right, saving is good habit, specially it is necessary for the salaried persons, because when we become old and than we will be jobless, in that time saving is really help us in every way, if we save regularly every month, than definitely it help us in our emergencies.

Why you want to save money in fiat? I think you should save part of your salary in bitcoin on monthly basis, as this saving will really add value to your wealth in future.

I think it reduces the risk if you keep in fiat. I think if you keep money in bitcoin it was included in the investment mate because the major currencies we use is fiat. so it is not possible if you want to save money. but instead you save bitcoin. it was included in the investment. save the fiat because you use fiat in everyday transactions

peta4e

hero member

Activity: 672

Merit: 500

Quote from: Evansloin on June 20, 2016, 04:47:03 AM

When ever u have money. What some people predict in future it will be good to buy even if its double then now.
It also depends what u plan to do with them. Saving or trading, maybe some other investment.. u have a lot of choices all u need to do is to find best for you.

If you want to grow your money in future then investment is the key, but saving is also good as you have access to your money whenever you want so it can help you at the time of emergencies.

Evansloin

member

Activity: 87

Merit: 10

When ever u have money. What some people predict in future it will be good to buy even if its double then now.
It also depends what u plan to do with them. Saving or trading, maybe some other investment.. u have a lot of choices all u need to do is to find best for you.

stromma44

hero member

Activity: 952

Merit: 1000

Quote from: praprata on June 20, 2016, 04:24:10 AM

Saving money is pretty hard but I think that the best way that you could save money is by putting away a bit from every earning that you get.
If you do that then you would be pretty happy after a year or so.

Saving money is not easy and requires a great level of planning and discipline, you should have control on your spending and if you succeed in it, then you can definitely save descent amount of money.

praprata

sr. member

Activity: 420

Merit: 250

Saving money is pretty hard but I think that the best way that you could save money is by putting away a bit from every earning that you get.
If you do that then you would be pretty happy after a year or so.

sk00t3r

full member

Activity: 192

Merit: 100

Stop spending money on your girlfriend and you will surely save a good amount of money for future, I hope you got my point, stop spending on useless things, and girlfriend is one of them.

Barnabe

hero member

Activity: 616

Merit: 503

★Bitvest.io★ Play Plinko or Invest!

IMO it's best not to lose to much time trying to save some cents. I have seem people wasting all their Saturday on different supermarkets because they could save a few bucks when buying the right stuff at the right place. But instead of losing this much time, they should work on the side to win more money. The same thing is also valid with coupons.

The right thing to do is to optimise finances, not focus on only winning money nor only saving money.

peta4e

hero member

Activity: 672

Merit: 500

Quote from: 0day on June 19, 2016, 06:28:41 AM

Quote from: Dakron on June 16, 2016, 09:16:48 PM

This is for my opinion and what im doing Saving is always a good habit as it can be helpful at the time of emergencies, so for that you need to see what is your income and what are your expenses and depending on your income you need to reduce your unwanted expenses.

saving is a good habbit, but I think for long term we should not have to think to only save our money but we have to think to increase our income, and with that we have to invest our saved money in order to get more income for the future and then will be able to spend on any thing which we want.

To live a good life ahead I think investing is the right choice, as saving will not allow you to grow your money in long run and a good investment can really make you rich in future.

0day

hero member

Activity: 742

Merit: 500

Hire me for your campaign management.

Quote from: Dakron on June 16, 2016, 09:16:48 PM

This is for my opinion and what im doing Saving is always a good habit as it can be helpful at the time of emergencies, so for that you need to see what is your income and what are your expenses and depending on your income you need to reduce your unwanted expenses.

saving is a good habbit, but I think for long term we should not have to think to only save our money but we have to think to increase our income, and with that we have to invest our saved money in order to get more income for the future and then will be able to spend on any thing which we want.

jakelyson

legendary

Activity: 2240

Merit: 1069

Quote from: goldcoinminer on June 03, 2016, 03:06:38 AM

Saving money requires a lot of discipline from ourselves, we need to stick with our budget plan and avoid spending thru credit because sometimes we cannot control our self in that situation, we need to automatically set aside savings from our expenses and only spend what is left after the savings is secured.

That is a good advise. Setting aside your savings first and making do of what is left with your money. If your money is not enough, then you have to think of ways to earn more. If one job is not enough, take some part time job to add to your money.

dsyahputera

full member

Activity: 224

Merit: 100

Quote from: john2231 on June 19, 2016, 02:21:04 AM

Quote from: dsyahputera on June 19, 2016, 01:34:11 AM

Quote from: Cyaren on June 18, 2016, 11:27:54 PM

Well, I really don't think that it is a good idea to save money in something like fiat currencies. They depreciate over time, and even if you put your money inside a bank you're just scammed under the fractional reserve system.

Save your money under bitcoin instead, it is a great store of value.

That is an investment, it is less appropriate if it is called money-saving. As an investment, you can lose your money. How is this so-called saving money if you actually risking your money?

Do you think investing your money in bitcoin is risky for now? i think its not risky because you can make more profit this coming block halving and we will see more price increase.. so sell it when the price is increase above 800 value is enough for me..

First, the main point here is how to save money, not how to grow money.
Second, investment always risky, there is always a chance we will lose, no matter how small it is.
Third, to save money, we should avoid any actions that cause the loss of our money.

ebookscreator

sr. member

Activity: 266

Merit: 250

Quote from: Cyaren on June 18, 2016, 11:27:54 PM

Well, I really don't think that it is a good idea to save money in something like fiat currencies. They depreciate over time, and even if you put your money inside a bank you're just scammed under the fractional reserve system.

Save your money under bitcoin instead, it is a great store of value.

Bank scammer? i think banks are save than investing bitcoin and save your money in bitcoin wallet..
Banks locally is safe because of we have regulation locally and we can report it easily than bitcoin we have no power to start a case with bitcoin if bitcoin will be down in the future..

harizen

legendary

Activity: 3122

Merit: 1398

For support ➡️ help.bc.game

Quote from: Cyaren on June 18, 2016, 11:27:54 PM

Well, I really don't think that it is a good idea to save money in something like fiat currencies. They depreciate over time, and even if you put your money inside a bank you're just scammed under the fractional reserve system.

Save your money under bitcoin instead, it is a great store of value.

Your last statement will also experience the first one you stated.

Putting or saving money in fiat or virtual currency goes into only one road and that is the road of price fluctuations.

If you put something in any of the currency even it's for saving purposes, it's value will changed as time goes by.

john2231

hero member

Activity: 924

Merit: 1001

Quote from: dsyahputera on June 19, 2016, 01:34:11 AM

Quote from: Cyaren on June 18, 2016, 11:27:54 PM

Well, I really don't think that it is a good idea to save money in something like fiat currencies. They depreciate over time, and even if you put your money inside a bank you're just scammed under the fractional reserve system.

Save your money under bitcoin instead, it is a great store of value.

That is an investment, it is less appropriate if it is called money-saving. As an investment, you can lose your money. How is this so-called saving money if you actually risking your money?

Do you think investing your money in bitcoin is risky for now? i think its not risky because you can make more profit this coming block halving and we will see more price increase.. so sell it when the price is increase above 800 value is enough for me..

Topic: How to save money. - page 65. (Read 345824 times)