How to save money. - page 89. | Bitcointalksearch.org

chaosknight

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Quote from: Crazygreek on April 09, 2016, 02:59:35 PM

Quote from: malzahar on April 09, 2016, 02:17:03 PM

Quote from: terman45x on April 09, 2016, 09:50:38 AM

Try to earn more and spend less, do not spend on unwanted things, just spend on basic necessities and that will help you in saving your money.

I do agree thats the best step. But, the tendency to break the habit of spending less is harder for most people.

Esp if they are used to spending a daily coffee at starbucks or something in their routine.

Better to manage your time that people spanding on entertaiment and other similar stuff and direct this time on working and earning money.
Awlays need to have a right priority.

It has been observed that majority of times people spend on entertainment or restaurant is because of peer pressures as they cannot say directly NO to them.

excword

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Being able to balance income with outcome will allow you to know how much from your salary isnt used to pay bill,soo those money need to go to saving and pleasure a part from both.

Crazygreek

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Quote from: malzahar on April 09, 2016, 02:17:03 PM

Quote from: terman45x on April 09, 2016, 09:50:38 AM

Try to earn more and spend less, do not spend on unwanted things, just spend on basic necessities and that will help you in saving your money.

I do agree thats the best step. But, the tendency to break the habit of spending less is harder for most people.

Esp if they are used to spending a daily coffee at starbucks or something in their routine.

Better to manage your time that people spanding on entertaiment and other similar stuff and direct this time on working and earning money.
Awlays need to have a right priority.

malzahar

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Quote from: terman45x on April 09, 2016, 09:50:38 AM

Try to earn more and spend less, do not spend on unwanted things, just spend on basic necessities and that will help you in saving your money.

I do agree thats the best step. But, the tendency to break the habit of spending less is harder for most people.

Esp if they are used to spending a daily coffee at starbucks or something in their routine.

malphite

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Quote from: Pattart on April 07, 2016, 07:22:55 PM

Quote from: 0day on April 07, 2016, 07:20:17 AM

Buy bitcoin and hold them in your wallet, so you will do both saving and investment at the same time with one action, by buying bitcoin you will get a currency which even by saving in your wallet can make you earn some money.

why many people who use this way to get rich. but in fact I have never seen them become rich after holding bitcoin
I know this is the easiest way. but it seems to require a very long time right ?

Thats sort of a dellusional dream.

That concept refers to holding 1 btc as a example, and seeing a price jump over 2000% or whatever the # is to suffice their ideal retirement lol.

tampazeus

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Quote from: CryingMidget on April 09, 2016, 11:04:37 AM

Quote from: terman45x on April 09, 2016, 09:50:38 AM

Try to earn more and spend less, do not spend on unwanted things, just spend on basic necessities and that will help you in saving your money.

I think the very best method to saving money is to create your Spending Plan or a Budget. With a budget you figure out what your income is and what your expenses are. Once you know these two things, you can look for ways to reduce your expenses or increase your income to allocate an amount of money that you can afford to save.

Yeah if you come up with proper action plan then I think it will be easy for you to save money, and also you need to follow that plan continuously to get better results from it.

CryingMidget

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Quote from: terman45x on April 09, 2016, 09:50:38 AM

Try to earn more and spend less, do not spend on unwanted things, just spend on basic necessities and that will help you in saving your money.

I think the very best method to saving money is to create your Spending Plan or a Budget. With a budget you figure out what your income is and what your expenses are. Once you know these two things, you can look for ways to reduce your expenses or increase your income to allocate an amount of money that you can afford to save.

betohell

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Quote from: Corenin on April 08, 2016, 06:14:36 PM

Try to save money in bitcoin on regular basis..as simple as that.. Cheesy

If price will grow in future you can expect best returns on it and you can withdraw it anytime if you face any emergency.

what if the lower prices. bitcoin has high fluctuations lot roang think that keep all the money in bitcoin is not safe.
if you can be patient if you save a lot of money in bitcoin and the price went down very long?

terman45x

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Try to earn more and spend less, do not spend on unwanted things, just spend on basic necessities and that will help you in saving your money.

expert4knowledge

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Quote from: arbitrage on April 09, 2016, 05:09:46 AM

No one know for sure nothing about price, and every investment is gambe. Bitcoin will rise and fall due to demand, and only this can determine price. I very suspicious when i see talking about thousands of dollars for one bitcoin, those are only daydreaming and this cannot be compared to previous events and price rises from 0 to 400$

Saving money can be done by simply prioritizing taska and considering an absolute amount for saving.

arbitrage

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No one know for sure nothing about price, and every investment is gambe. Bitcoin will rise and fall due to demand, and only this can determine price. I very suspicious when i see talking about thousands of dollars for one bitcoin, those are only daydreaming and this cannot be compared to previous events and price rises from 0 to 400$

Corenin

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Try to save money in bitcoin on regular basis..as simple as that.. Cheesy

If price will grow in future you can expect best returns on it and you can withdraw it anytime if you face any emergency.

lissandra

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Quote from: chaser15 on April 06, 2016, 07:35:42 AM

Quote from: bamboylee on April 06, 2016, 07:01:37 AM

Quote from: chaser15 on April 06, 2016, 06:05:51 AM

Quote from: Adhacker on April 04, 2016, 04:08:01 PM

No need to think about saving money. Think about earning more!)

That is linked to each other. If you will able to think some other earnings opportunities then that is really good to you as you will able now to put some more funds in your savings. And I see no sense if you will just think about earnings more and don't save some part of it. What is the purpose of doing such multiple source of income?

Yeah, think about saving and earning more. It is like, the more you earn, the more you save. This saving is not just for anything, it is for your future. When you have sudden expenses or you cannot work anymore, use the money you saved. It is important.

And not everyone has multiple source of income so for those people who has like that are really lucky as they have some multiple options to put some of their earnings for their future savings.

This is probably 99% of the people lol.

The very few who are lucky are those who get some hand me down mutual fund money or something that was passed down.

Other then that, people have to start somewhere..

lissandra

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Quote from: KennyR on April 08, 2016, 10:26:44 AM

Quote from: Pattart on April 07, 2016, 07:22:55 PM

Quote from: 0day on April 07, 2016, 07:20:17 AM

Buy bitcoin and hold them in your wallet, so you will do both saving and investment at the same time with one action, by buying bitcoin you will get a currency which even by saving in your wallet can make you earn some money.

why many people who use this way to get rich. but in fact I have never seen them become rich after holding bitcoin
I know this is the easiest way. but it seems to require a very long time right ?

Yeah earning and holding for a long time doesn't make people rich, one can be rich if buying is done at a large scale then holding will make users rich.

This is the only sentence people should really pay attention to..

If one wants to not towards going with 65 if lucky. People need to focus on launching things that "scale" rather then a high paying job which we already see people have done with their businesses being a viral sensation of some sort.

jod_doj

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the first rule if you want to save your money is to not gamble at all because it will give you nothing but major losses that will not give you any benefits in saving your bitcoins i think

in my opinion if you want to safe your bitcoins you just have to move everything to your cold storage and not move it anywhere else in order to not spend it or do something like that

KennyR

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Quote from: Pattart on April 07, 2016, 07:22:55 PM

Quote from: 0day on April 07, 2016, 07:20:17 AM

Buy bitcoin and hold them in your wallet, so you will do both saving and investment at the same time with one action, by buying bitcoin you will get a currency which even by saving in your wallet can make you earn some money.

why many people who use this way to get rich. but in fact I have never seen them become rich after holding bitcoin
I know this is the easiest way. but it seems to require a very long time right ?

Yeah earning and holding for a long time doesn't make people rich, one can be rich if buying is done at a large scale then holding will make users rich.

draceus

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Activity: 245

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Quote from: chaser15 on April 06, 2016, 07:35:42 AM

Quote from: bamboylee on April 06, 2016, 07:01:37 AM

Quote from: chaser15 on April 06, 2016, 06:05:51 AM

Quote from: Adhacker on April 04, 2016, 04:08:01 PM

No need to think about saving money. Think about earning more!)

That is linked to each other. If you will able to think some other earnings opportunities then that is really good to you as you will able now to put some more funds in your savings. And I see no sense if you will just think about earnings more and don't save some part of it. What is the purpose of doing such multiple source of income?

Yeah, think about saving and earning more. It is like, the more you earn, the more you save. This saving is not just for anything, it is for your future. When you have sudden expenses or you cannot work anymore, use the money you saved. It is important.

And not everyone has multiple source of income so for those people who has like that are really lucky as they have some multiple options to put some of their earnings for their future savings.

yes i agree with you friend but when you search multiple source for earn money in bitcoin and after some time you have some money . you can buy bitcoin when decrease price in bitcoin and after some time when need money what time is increase price in bitcoin and that time you can sell bitcoin . your money is also save and some time you can earn money

Pattart

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Quote from: 0day on April 07, 2016, 07:20:17 AM

Buy bitcoin and hold them in your wallet, so you will do both saving and investment at the same time with one action, by buying bitcoin you will get a currency which even by saving in your wallet can make you earn some money.

why many people who use this way to get rich. but in fact I have never seen them become rich after holding bitcoin
I know this is the easiest way. but it seems to require a very long time right ?

chaosknight

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Activity: 868

Merit: 1000

Quote from: expert4knowledge on April 07, 2016, 04:20:35 PM

Quote from: SquallLeonhart on April 07, 2016, 02:01:37 PM

Quote from: xht on April 07, 2016, 01:56:48 PM

you can save money every month with Keep track of your spending maybe for help you can use credit card for checking what you've purchased.

If you have a habit of purchasing with credit card then it will increase your expenses, as you know that you don't have to pay at a moment that will make you to purchase unwanted things too.

Yes, but you have to consider a self-control mechanism for yourself and consider a maximum level of spending for the money that you spend.

Exactly but majority of people lacks self control when it comes to spending either its family pressure or peer pressure and that is the scenario when you cannot afford to say NO.

expert4knowledge

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The All-in-One Cryptocurrency Exchange

Quote from: SquallLeonhart on April 07, 2016, 02:01:37 PM

Quote from: xht on April 07, 2016, 01:56:48 PM

you can save money every month with Keep track of your spending maybe for help you can use credit card for checking what you've purchased.

If you have a habit of purchasing with credit card then it will increase your expenses, as you know that you don't have to pay at a moment that will make you to purchase unwanted things too.

Yes, but you have to consider a self-control mechanism for yourself and consider a maximum level of spending for the money that you spend.

Topic: How to save money. - page 89. (Read 345783 times)