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Topic: How to save money. - page 8. (Read 345756 times)

full member
Activity: 140
Merit: 100
October 05, 2016, 05:05:05 PM
to me the best option is to invest it in bitcoin if you really want to make  money, through this you can even make money if the price of bitcoin goes high, on other side your money will be also safe.
hero member
Activity: 1148
Merit: 528
October 05, 2016, 04:50:28 PM

Don't buy gold just invest in bitcoin and bitcoin will go up eventually making your saving worth even more then you actually saved.
So just invest into bitcoin and keep an eye on the prices so that you don't forget to sell in the right time.

Yeah. Gold is usually expensive and you may end up losing more money than what you can save. Still, it serves as a safe haven to protect your investment and it can be stored for the long term for future use.

In the meantime, you can just buy small amounts of Bitcoin and store them for the future as it is a great way of saving money. (being a deflationary currency and all)  Cheesy

Just my opinion.
Yes, to save money using bitcoin must be the right option. Buying regularly some small amount of bitcoin will bring many differences in our lifestyle in future. But, we must focus on saving those bitcoins for some long period without saving them longer we will not get all the benefits of bitcoin.
legendary
Activity: 3192
Merit: 1362
www.Crypto.Games: Multiple coins, multiple games
October 05, 2016, 02:16:32 PM

Don't buy gold just invest in bitcoin and bitcoin will go up eventually making your saving worth even more then you actually saved.
So just invest into bitcoin and keep an eye on the prices so that you don't forget to sell in the right time.

Yeah. Gold is usually expensive and you may end up losing more money than what you can save. Still, it serves as a safe haven to protect your investment and it can be stored for the long term for future use.

In the meantime, you can just buy small amounts of Bitcoin and store them for the future as it is a great way of saving money. (being a deflationary currency and all)  Cheesy

Just my opinion.
sr. member
Activity: 350
Merit: 250
October 05, 2016, 10:20:09 AM
SAving money is not easy because you will never know when you need that money and saving will not say that you can have it for the future maybe you need it a long time before ytou want to retire.
sr. member
Activity: 322
Merit: 250
October 05, 2016, 10:06:25 AM
Theres a different kind of people. Theres like a happy life, but not good.  All of people have choices so choose want do you want and makes you happy
You need to cut a percentage of every earning that you get and put it on the side even if it is not that much money.
If you do this for a couple of years then I am sure that in the long run you will end up with a nice stash.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
October 05, 2016, 01:52:10 AM
I never in my life did not spend money on all the small stuff. While I may think so. But the fact is that on myself, I almost do not spend, that of his family members, that's for sure.

Really you don't have spent small amount to small stuffs? I guess there is no person can do such that and that is not going to help you to save money if you are just going to spend money on big stuffs. Because instead of saving money you are going to waste and spend bigger amount because you are don't spent on smaller stuffs.
Those who do not learn how to save will just realize in the future when emergency comes into their life, saving money is only easy if you are willing to save and by doing that you should also be willing to sacrifice your wants and prioritize only your needs.
hero member
Activity: 2814
Merit: 526
Undeads.com - P2E Runner Game
October 04, 2016, 09:09:53 PM
If we're talking about how to save money , it's quite simple you just don't buy any stuff you don't need it and store in your wallet for longer time cuz this is human's nature for buy anything we wants as long as we have money to buy it , or for make an easy process for your saving you can make a goal about "why you save your money..? "

Maybe you want to buy something in the future (gadget , car , or house probably) or do you want to increasing your family's finances and want to help their payment in case of urgent thing would be happened in the future like accident. Make a goal is important for saving your money.
hero member
Activity: 2982
Merit: 678
★Bitvest.io★ Play Plinko or Invest!
October 04, 2016, 08:43:53 PM
I never in my life did not spend money on all the small stuff. While I may think so. But the fact is that on myself, I almost do not spend, that of his family members, that's for sure.

Really you don't have spent small amount to small stuffs? I guess there is no person can do such that and that is not going to help you to save money if you are just going to spend money on big stuffs. Because instead of saving money you are going to waste and spend bigger amount because you are don't spent on smaller stuffs.
sr. member
Activity: 262
Merit: 250
October 04, 2016, 04:28:46 PM
I never in my life did not spend money on all the small stuff. While I may think so. But the fact is that on myself, I almost do not spend, that of his family members, that's for sure.
member
Activity: 98
Merit: 10
October 04, 2016, 03:30:33 PM
One way to save money is to avoid bad debt. While some are on the camp of avoid debt like the plague, personally I believe that there are some debt that cannot be avoided but you still need to be very careful.A perfect example of what I’m talking about is a mortgage; unless you earn a lot of money, paying a house with cash is impossible, the only other option left is to rent, but if you want or need a house then that is not an option either. If the former options above are not for you then there’s one route left… debt.

hero member
Activity: 1148
Merit: 504
October 04, 2016, 01:10:52 PM
you can save your money in some percent 10% less or high amount store in bitcoin and hardly save and never use it and consider it as investment when bitcoin price go to higher so your money will also increase in bitcoin and then you can get a good profit from bitcoin easily .
saving at least 10% of your whole month is seems low but it is not bad. in one year you can save quite enough funds. and then you can use them to invest and either you can use them for your own need. I prefer investment with my saving. it can increase my funds you know.
I think that is just justifiable and actually there is not fixed advisable percentage and it could always depend on your needs, when you have a big demand of money like you have a big family that rely on you, maybe that 10% is too big for you to save in a monthly basis.

10% of the salary is just enough. Not too big, not too small. It just need discipline to continue saving that amount. It can be a challenge if you have a family to support but it will be worth it if you can do it constantly.
hero member
Activity: 784
Merit: 500
October 04, 2016, 10:26:07 AM
saving money is better for unpredicable situtaion, so better to save some money for future then we thinking about investing.

That's good, but I think not practical way of holding your money, it should profit and prosper and not just a fund for those emergencies. But anyway, I think it's good to invest in those insurances for your retirement aside from saving money in your wallet, it could be a security for your future and you could also loan on those when you need it.

loan is not easy as you rhink, the colateral must be higher than our loan, but sometimes we will lose because the collateral can't be sell in higher price than our loan.
i think invest is good way but for me im still prefered to save 50% of our asset in fiat currency

that is correct, also loan do work only for a small time frame for bitcoin due to the volatility, no one will give you so much because of this risk, also it's not that really remunerative imho, there are better way to invest your money, i think bitcoin should be invest in a good way only in other altcoin, where you cna get a very high return

Yes investing in reputed altcoin can serve the purpose and it can give us good profits in long run, and even if you are investing your money in bitcoin then it will give you profitable results in future.

we must focus at our "plan" if we paln to earning/collect bitcoin as much as possible, we can use loan in bitcoin currency fixed, but if we want to collect/growing our fiat we can use fiat currency value to bitcoin loan system.
hero member
Activity: 868
Merit: 1000
October 04, 2016, 10:19:34 AM
saving money is better for unpredicable situtaion, so better to save some money for future then we thinking about investing.

That's good, but I think not practical way of holding your money, it should profit and prosper and not just a fund for those emergencies. But anyway, I think it's good to invest in those insurances for your retirement aside from saving money in your wallet, it could be a security for your future and you could also loan on those when you need it.

loan is not easy as you rhink, the colateral must be higher than our loan, but sometimes we will lose because the collateral can't be sell in higher price than our loan.
i think invest is good way but for me im still prefered to save 50% of our asset in fiat currency

that is correct, also loan do work only for a small time frame for bitcoin due to the volatility, no one will give you so much because of this risk, also it's not that really remunerative imho, there are better way to invest your money, i think bitcoin should be invest in a good way only in other altcoin, where you cna get a very high return

Yes investing in reputed altcoin can serve the purpose and it can give us good profits in long run, and even if you are investing your money in bitcoin then it will give you profitable results in future.
member
Activity: 64
Merit: 10
October 04, 2016, 10:12:20 AM
Saving money is easy but saving bitcoins can be hard because when you hold the bitcoin you take a big risk to lose allot of money also so what is right and what is bad i think you have to find your own way.
legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
October 04, 2016, 10:02:00 AM
saving money is better for unpredicable situtaion, so better to save some money for future then we thinking about investing.

That's good, but I think not practical way of holding your money, it should profit and prosper and not just a fund for those emergencies. But anyway, I think it's good to invest in those insurances for your retirement aside from saving money in your wallet, it could be a security for your future and you could also loan on those when you need it.

loan is not easy as you rhink, the colateral must be higher than our loan, but sometimes we will lose because the collateral can't be sell in higher price than our loan.
i think invest is good way but for me im still prefered to save 50% of our asset in fiat currency

that is correct, also loan do work only for a small time frame for bitcoin due to the volatility, no one will give you so much because of this risk, also it's not that really remunerative imho, there are better way to invest your money, i think bitcoin should be invest in a good way only in other altcoin, where you cna get a very high return
hero member
Activity: 784
Merit: 500
October 04, 2016, 09:53:37 AM
saving money is better for unpredicable situtaion, so better to save some money for future then we thinking about investing.

That's good, but I think not practical way of holding your money, it should profit and prosper and not just a fund for those emergencies. But anyway, I think it's good to invest in those insurances for your retirement aside from saving money in your wallet, it could be a security for your future and you could also loan on those when you need it.

loan is not easy as you rhink, the colateral must be higher than our loan, but sometimes we will lose because the collateral can't be sell in higher price than our loan.
i think invest is good way but for me im still prefered to save 50% of our asset in fiat currency
hero member
Activity: 518
Merit: 500
October 04, 2016, 08:15:13 AM
you can save your money in some percent 10% less or high amount store in bitcoin and hardly save and never use it and consider it as investment when bitcoin price go to higher so your money will also increase in bitcoin and then you can get a good profit from bitcoin easily .
saving at least 10% of your whole month is seems low but it is not bad. in one year you can save quite enough funds. and then you can use them to invest and either you can use them for your own need. I prefer investment with my saving. it can increase my funds you know.
I think that is just justifiable and actually there is not fixed advisable percentage and it could always depend on your needs, when you have a big demand of money like you have a big family that rely on you, maybe that 10% is too big for you to save in a monthly basis.
Everything changes when you start a family. What's more than enough when you were single suddenly becomes less. That is why I started looking for other means of income and luckily bitcoin has been an answer to my prayers. Although the bitcoins I earn is still small, it is good that I am able to somehow have funds that I could save and invest and use for later.
sr. member
Activity: 378
Merit: 250
BULL RUN until 2030
October 04, 2016, 08:01:59 AM
you can save your money in some percent 10% less or high amount store in bitcoin and hardly save and never use it and consider it as investment when bitcoin price go to higher so your money will also increase in bitcoin and then you can get a good profit from bitcoin easily .
saving at least 10% of your whole month is seems low but it is not bad. in one year you can save quite enough funds. and then you can use them to invest and either you can use them for your own need. I prefer investment with my saving. it can increase my funds you know.
I think that is just justifiable and actually there is not fixed advisable percentage and it could always depend on your needs, when you have a big demand of money like you have a big family that rely on you, maybe that 10% is too big for you to save in a monthly basis.
legendary
Activity: 840
Merit: 1000
October 04, 2016, 05:38:26 AM
you can save your money in some percent 10% less or high amount store in bitcoin and hardly save and never use it and consider it as investment when bitcoin price go to higher so your money will also increase in bitcoin and then you can get a good profit from bitcoin easily .
saving at least 10% of your whole month is seems low but it is not bad. in one year you can save quite enough funds. and then you can use them to invest and either you can use them for your own need. I prefer investment with my saving. it can increase my funds you know.
legendary
Activity: 2828
Merit: 1213
Call your grandparents and tell them you love them
October 04, 2016, 05:07:09 AM
Saving money is one of the most important things for in the future off course if we are not saving money for the future there will no tbe a good future off course.

I agree but if you only save money then what will you spend?

Because you have you daily expenditures. You should keep a balance between the two and then make a list of all expenses and the average spend money on those expenses. Then find out how much percentage of your earning that expenditure is. Then you will be able to see your savings and how much you need save without hampering your daily needed expenditure.
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