Topic: How to save money. - page 68. (Read 345783 times)

Thanks for this post. Now I know how to save money. 

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 .

good advice

thank you

i will save money and make money

A classic way to start realizing the amount of useless shit one buys that could translate in money saved, is making a list of expenses. That's how I realized I was buying way too many videogames.

Actually, even low income earners can save. It is just a matter of really wanting to do something. As they say, if there's a will, there's a way. Buy only things that your budget can afford. Live a life that is below your means so you will have some extra that can be kept for savings.

Saving isn't something for low income workers. You will be in a tough spot, but if you can strive to make do and get a better job, then you can start saving

To do all of these you first need to make some money... it all starts with having a job or some sort of monthly income where you can save a % of it monthly. If you are only paying bills you are another poor soul trapped in the system with no hope.

A classic way to start realizing the amount of useless shit one buys that could translate in money saved, is making a list of expenses. That's how I realized I was buying way too many videogames.

Well saving will really be effective if we really have a decent income, returns and sure earnings in a fixed period of time.

In this way giving portion for your savings need will likely don't be in a hard way.

That is a traditional way. Mine is better. You make your income bigger so that youbhave more excess. The excess money you put somewhere as your savings. You do not have to be thrifty to save, just make your income bigger and savings will come naturally.

The only way I save money is that a take a percentage of every earning that I get and put some on the side. That is how I save money and I keep doing this.

One of the best techniques to save money is making trying to invest it a chore: Put it on bitcoin in cold storage and hide it really well under a good password. When you think about using it you'll be too lazy do to the whole process. It's like not having too much money on your pocket wallet.

Agree with number 1. You really need to have goals. Because if you have a path to follow, then you are less likely go to the wrong direction and instead of saving money, you'll lose. I have a suggestion that if you are gambling, try to stop it. 'Cause gambling will not bring you money (although sometimes did) but it will make your money gone in just a snap. Third one is try to find an income source, even if it is small, in time you'll earn high. And lastly, just stay at your home. Hahaha No REALLY ! Cause when you are outside or in a mall or something. It has a chance that you'll spend your money buying stuffs that you don't really need. Hope That helps

yeah and with that they cannot manage their money well, and when the time of expenditures come they have nothing for them,

I ike the first suggestion and I think it is the only thing which can save our money.

yeah usually a lot of people do not have goals they want to achieve it ? so they do not have a clear path to the money they have. so they think that the money saved is money idle ? so they apply wasteful against its money :/

certainly the most difficult to do is number 2 because everyone has thing they want. and it would be difficult not to buy it. I'm sure if you have the money you will buy items that you want? I think that's not a problem to buy the goods you want. but with a note that you bought is not excessive