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Topic: How to save money. - page 9. (Read 345832 times)

sr. member
Activity: 298
Merit: 250
October 04, 2016, 03:00:11 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.
sr. member
Activity: 406
Merit: 250
October 04, 2016, 02:32:19 AM
Buy gold and wait up price. Grin

All I know is Bitreserve's bitgold is awesome. Flip from btc to gld to usd to yen to yuan and back to btc. Hold gold, but spend btc. All with real-time transparency.
But you need a capital to buy gold. i dont have any experience on that method, how much you can buy gold with bitcoin?

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.
hero member
Activity: 1876
Merit: 612
Plant 1xTree for each Satoshi earned!
October 04, 2016, 01:48:06 AM


Thank you .

Stop eating food?

You are welcomed!
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
October 04, 2016, 01:47:34 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.

I think being responsible is the best way to save. Avoid unnecessary expenses that may leave you regretting in the future. Try to engage in investments, that way you don't only save money, you earn also with your savings. But you have to first study and do research on where you're going to be investing as there are also risks.
hero member
Activity: 798
Merit: 500
★YoBit.Net★ 350+ Coins Exchange & Dice
October 04, 2016, 01:39:40 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.
hero member
Activity: 784
Merit: 500
October 03, 2016, 11:54:17 PM
saving money is better for unpredicable situtaion, so better to save some money for future then we thinking about investing.
hero member
Activity: 1008
Merit: 540
October 03, 2016, 11:29:21 PM
For me the best thing that you are going to do to save is you must control your expenditures. Learn to know what your needs and wants. And if you already identified both of it, don't spend your money to your wants instead budget and allocate your money to your needs. And if there is an excess to it, deposit it to the bank.
Controling to spend money or bitcoin is really hard to the best thing you can do is to open bank account then save money even you can get from work and job learn how to not to spend and needs i already done this before and saving money is not hard for me.
sr. member
Activity: 378
Merit: 250
BULL RUN until 2030
October 03, 2016, 11:20:36 PM
For me the best thing that you are going to do to save is you must control your expenditures. Learn to know what your needs and wants. And if you already identified both of it, don't spend your money to your wants instead budget and allocate your money to your needs. And if there is an excess to it, deposit it to the bank.

It is a good idea to identify your expenses and remove the wants from it and focus on needs alone. But I suggest you do the saving part first, not on the last.Because if you only save when there is an excess, then most probably, you will not be able to save at all. But if it first priority then you secure your saving. YOu just have to adjust your budget accordingly.
That's right, put your method on the record so you can track your expenditures, treat it like a business and account every movement of your money. When spending, you should know whether it is a need or wants and always prioritize your needs over your wants.
hero member
Activity: 1148
Merit: 504
October 03, 2016, 11:14:22 PM
For me the best thing that you are going to do to save is you must control your expenditures. Learn to know what your needs and wants. And if you already identified both of it, don't spend your money to your wants instead budget and allocate your money to your needs. And if there is an excess to it, deposit it to the bank.

It is a good idea to identify your expenses and remove the wants from it and focus on needs alone. But I suggest you do the saving part first, not on the last.Because if you only save when there is an excess, then most probably, you will not be able to save at all. But if it first priority then you secure your saving. YOu just have to adjust your budget accordingly.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
October 03, 2016, 10:49:31 PM
For me the best thing that you are going to do to save is you must control your expenditures. Learn to know what your needs and wants. And if you already identified both of it, don't spend your money to your wants instead budget and allocate your money to your needs. And if there is an excess to it, deposit it to the bank.
That's right, we should not live a lavish life in order for us to save money, sacrifice is a big factor for the success. We need to understand that there is a future and we are not healthy all the time, if we save we will have a good retirement and we can enjoy it more.
hero member
Activity: 3192
Merit: 597
Leading Crypto Sports Betting & Casino Platform
October 03, 2016, 09:47:38 PM
For me the best thing that you are going to do to save is you must control your expenditures. Learn to know what your needs and wants. And if you already identified both of it, don't spend your money to your wants instead budget and allocate your money to your needs. And if there is an excess to it, deposit it to the bank.
hero member
Activity: 742
Merit: 500
October 03, 2016, 01:37:56 PM
I also live in philoppines . But my example is the current wage in the US, so that their wage is enough to live and they have also a savings. In the philippines the wage of employee is not enough to live, theres many expences, like paying bills, foods and etc. But, if you want really to save, its up to you not in your wage. You have choices save your money if you really want or dont save thats easy.
     Good advice. But you see in developing countries, people sruggle for their daily earnings. They cant even think about ten percent of their income.Their wages is verylow and on the other hand, cost of living is very high.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
October 03, 2016, 11:23:56 AM
It is hard to prioritize saving if you have barely enough money for your daily needs. But if you really want to save, you can do it. there are always something in your expenses that you can live without and you can cut that out. And if everything is clean and you still cannot save, then it means you need to have another source of income.

True. That is why, in my own opinion, it is best to have a side income apart from your main income in order to help you save even more. A good thing would be to have Bitcoin as side income while your main income is based on a real job. That way, you can separate Bitcoin earnings from your job earnings and be able to save money effectively.  Cheesy
sr. member
Activity: 672
Merit: 250
October 03, 2016, 10:45:37 AM
It is hard to prioritize saving if you have barely enough money for your daily needs. But if you really want to save, you can do it. there are always something in your expenses that you can live without and you can cut that out. And if everything is clean and you still cannot save, then it means you need to have another source of income.

Exactly, someone with just one source of income which barely earns him enough money to fulfill his needs cannot save anything, so for saving something the person would probably need to have an alternative source of income so that he can save some money as well as complete his needs.
hero member
Activity: 1148
Merit: 504
October 03, 2016, 10:38:54 AM
   Only way for saving money is making more then you spend every month. If you make less then you spend probably saving will not work well for you. It is a basic of saving. If you are not in situation to save then you need to cut your expenses somehow, and then you can think about saving.
   I save something small every month, I`m in such situation. Over the years I accumulated some nice money, but that is for my kid and family. If we ever need a bit more money, you never know what is coming. For that reasons it`s good to have something on a side, for black days how people like to say. No matter how much, try to put something on a side every time you can and that is easiest way for saving.

Correct. But sometimes it is very hard to save money considering the costs of electricity, water, phone service, among others. Also, you get the temptation of spending your money on goodies and this limits your ability of saving a good amount of money for the future.

But still, when you have the chance you can save at least 10% of your earnings and put it into a bank account or even a PoS coin with high APR that will give you huge interest earnings. Just my opinion.  Roll Eyes

It is hard to prioritize saving if you have barely enough money for your daily needs. But if you really want to save, you can do it. there are always something in your expenses that you can live without and you can cut that out. And if everything is clean and you still cannot save, then it means you need to have another source of income.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
October 03, 2016, 09:25:27 AM
   Only way for saving money is making more then you spend every month. If you make less then you spend probably saving will not work well for you. It is a basic of saving. If you are not in situation to save then you need to cut your expenses somehow, and then you can think about saving.
   I save something small every month, I`m in such situation. Over the years I accumulated some nice money, but that is for my kid and family. If we ever need a bit more money, you never know what is coming. For that reasons it`s good to have something on a side, for black days how people like to say. No matter how much, try to put something on a side every time you can and that is easiest way for saving.

Correct. But sometimes it is very hard to save money considering the costs of electricity, water, phone service, among others. Also, you get the temptation of spending your money on goodies and this limits your ability of saving a good amount of money for the future.

But still, when you have the chance you can save at least 10% of your earnings and put it into a bank account or even a PoS coin with high APR that will give you huge interest earnings. Just my opinion.  Roll Eyes
sr. member
Activity: 289
Merit: 250
October 03, 2016, 08:39:58 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 .

Yes, keep their savings in bitkoints very profitable. They are not depreciated due to inflation. Even you can earn
hero member
Activity: 952
Merit: 503
October 02, 2016, 02:50:28 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 .
hero member
Activity: 1302
Merit: 540
October 02, 2016, 01:19:09 PM
Saving money while you had so much money on your hand is really hard bcoz you need money daily to support your daily needs specially your foods daily and for me opening a saving bank account is good you can lut your money there.
I have a bank account and I have plans to spend money for my daily purposes. I always make a plan so that I always have leftover money from my salary for me  to save
I had something like this method you had, but i had requested a loan from bank and im repaying it yet, but this is the best thing to do always save a part for future emergency that might appear over the years.
i think i will try something like this about the idea of asking for a loan then invest it in bitcoin i guess if bitcoin price spike up and im in also in a good trade from alt coin it is possible for me to save and earn a lot.
hero member
Activity: 756
Merit: 501
October 02, 2016, 12:22:18 PM
Saving money while you had so much money on your hand is really hard bcoz you need money daily to support your daily needs specially your foods daily and for me opening a saving bank account is good you can lut your money there.
I have a bank account and I have plans to spend money for my daily purposes. I always make a plan so that I always have leftover money from my salary for me  to save
I had something like this method you had, but i had requested a loan from bank and im repaying it yet, but this is the best thing to do always save a part for future emergency that might appear over the years.
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