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Topic: how to save money? - page 12. (Read 2623 times)

member
Activity: 270
Merit: 10
September 01, 2018, 02:45:58 AM
I personally do save money by spending lesser than what I use to get daily. I try to avoid impulse buying and expensive clothes. Live a normal life and save more.
member
Activity: 784
Merit: 10
https://streamies.io/
September 01, 2018, 02:45:22 AM
I think that's a good way but I feel that it's a bit long theoretical. In my opinion, saving money is just controlling all your operating expenses, your personal life in the most reasonable way, without wasting it, then slowly you will get used to it.
full member
Activity: 384
Merit: 100
September 01, 2018, 02:38:21 AM
the most important thing we have to do is differentiate between needs and desires, needs must be a priority for our expenses, the remaining we can use to save. don't be too ambitious to fulfill all our desires
full member
Activity: 714
Merit: 100
September 01, 2018, 02:31:05 AM
here are the simple steps to save money:
1. You must record all your expenses
2. Make a budget for all expenses
3. Start planning on saving money
4. Choose something to save for your money
5. Decide on your priorities before spending
5. Make saving as a habit
6. Watch your savings grow.

any suggestion on how you save your money?

I have my own way too in which i use this formula very effective. If you receive your salary or any means of monthly income you should follow this step by step formula with discipline.

From your 100% salary or income:
1st - keep 20% for your savings
2nd- keep 10% for emergency fund
3rd - the remaining 70% is for your expenses (home, school, shopping, life style and etc.) by ensuring to keep first the 30% of your salary
        for savings then 70% for expenses then for sure you will have lot of successful savings in the future.
sr. member
Activity: 777
Merit: 251
September 01, 2018, 01:06:02 AM
here are the simple steps to save money:
1. You must record all your expenses
2. Make a budget for all expenses
3. Start planning on saving money
4. Choose something to save for your money
5. Decide on your priorities before spending
5. Make saving as a habit
6. Watch your savings grow.

any suggestion on how you save your money?

Do list all your priorities in life, now if your here in this business set your goals first and find out what it is? then, if you find out those goals list all  your activity that you need to do in your daily routine in life here. moreover, do make some research about the coins which you are going to invest in and when the time you know that are earnings I think the 25 or 30% of your profit segregate it instantly then put it as your savings and keep it. Be self motivated about your goal to achieve all of it.
jr. member
Activity: 102
Merit: 1
September 01, 2018, 01:05:28 AM
here are the simple steps to save money:
1. You must record all your expenses
2. Make a budget for all expenses
3. Start planning on saving money
4. Choose something to save for your money
5. Decide on your priorities before spending
5. Make saving as a habit
6. Watch your savings grow.

any suggestion on how you save your money?
As others say, this is too general and indeed, we need extra saving outside of your list of ways, because an extra need for life and we also need a stable income to maintain our savings. I say this is based on my personal experience, where I was prosecuted indirectly caring for my parents even though tradition the boy's  was more responsible to his parents and younger sister, it turned out that I was forced to help my brother's debt due to pleading
full member
Activity: 2128
Merit: 180
September 01, 2018, 12:06:28 AM
I think the way to save money is to just to earn enough to have some left over. Now if your income now doesn't permit that then you're screwed. It's either you get a higher paying job or skimo on everything and cheap out. Personally I'd rather go for the first one.
No matter how much your income you must set aside money for your savings and then later on you learn how to invest. Saving is not easy, we all experience this before but I think you still must put set aside.

Best is to know your expenses before securing savings from there plan what way you want to save your money
This is one way of making more effective savings, know your expenses cut it as long as possible and save more.
newbie
Activity: 37
Merit: 0
August 31, 2018, 11:21:00 PM
Best is to know your expenses before securing savings from there plan what way you want to save your money
sr. member
Activity: 1344
Merit: 253
August 31, 2018, 11:05:40 PM
saving really is very easy. You just need to buy a notebook and keep track of all your expenses in a month. It lasts until the end of the month, you bring the notebook to summarize it all. You will recognize what costs you the most and you will find ways to fix it.
but saving will not make us rich. i think storing it in the form of investment is the best way. but we must be careful in investing, so that our money continues to grow and what is important is a safe place investment
hero member
Activity: 3010
Merit: 629
August 31, 2018, 09:52:59 PM
Saving money requires discipline and you must know your priorities, its not hard to save money if you are determine to do so. What I usually do is every payday I budget all the needed amount for the whole month expenses and save atleast 10% of my total salary, if I have excess money to buy for other things I just keep it for emergency. It doesnt matter how much you save everytime you have money as long as you're consistently doing it, you wont notice that small amount will surprise you in times you already need it.
member
Activity: 420
Merit: 10
August 31, 2018, 09:06:39 PM
saving really is very easy. You just need to buy a notebook and keep track of all your expenses in a month. It lasts until the end of the month, you bring the notebook to summarize it all. You will recognize what costs you the most and you will find ways to fix it.
jr. member
Activity: 168
Merit: 1
August 31, 2018, 08:46:36 PM
here are the simple steps to save money:
1. You must record all your expenses
2. Make a budget for all expenses
3. Start planning on saving money
4. Choose something to save for your money
5. Decide on your priorities before spending
5. Make saving as a habit
6. Watch your savings grow.

any suggestion on how you save your money?

burried your money in a creepy island, in the pacific ocean haha. ithink the better ways to save money is take deposit in bank and watch your money grow or if you wanna take a risk do some invest
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
August 31, 2018, 08:44:51 PM
If you want to save money then you should monitor your flow of cash, like the expenses and the income so you can easily identify where your money go and if you see something that is not worth it to spend your cash then you should adjust that and put the money on your savings and keep doing that until you save enough money to the thing that you want like business or investment.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
August 31, 2018, 05:19:55 PM
A better way to save in addition to the habits enumerated , is to make the saved cash work for more money for you, you invest them in investments that pay you interest far higher than than the current inflation rate, otherwise you will be losing the value of your money
That is the end result of saving, but most people do not have any savings, in fact in my country people have negative net worth, which basically means that they owe more money to banks than all their cash, properties and investments put together, this is why people never get out of the rat race and it is my main reason of why I save and I am investing in bitcoin.
newbie
Activity: 215
Merit: 0
August 31, 2018, 03:33:43 PM
There are many ways on how you could save money from your income or profit from your business.  Stop spending it for unnecessary things and leisure.  Of course you have to reward your self for having a hard days and nights of working but at least have it all planned before spending the money you set aside for it.  Some people tends to act like a millionaire at one night spending sky's the limit during after payday and gets poor again the next day.  Must learn how to save some for the rainy days as they say.
sr. member
Activity: 882
Merit: 258
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August 30, 2018, 05:08:31 PM
here are the simple steps to save money:
1. You must record all your expenses
2. Make a budget for all expenses
3. Start planning on saving money
4. Choose something to save for your money
5. Decide on your priorities before spending
5. Make saving as a habit
6. Watch your savings grow.

any suggestion on how you save your money?
I actually never save money Grin
We should actually save some money because it can be of help anytime. I would tend to go for saving money in small parts as soon as i get my earnings. We can save 10% to 20% of our earning into a fixed deposit or any other kind of savings bank from where we cannot take our investment back untill it is reached to a certain limit.
This would be good to save money i guess.
We have our own different ways on how to save money. But thanks for those that you have mention. Becauae that was reslly helpful especially for those who. Was just starting to save their incomes. The way of saving money was really depend on the characteristic of the person. If he or she know his priority then then theres nothing to worry about saving because he will know how to control all that money he was getting from his job.
full member
Activity: 462
Merit: 100
ANONYMOUS MOBILE PAYMENTS
August 30, 2018, 04:59:58 PM
I think the way to save money is to just to earn enough to have some left over. Now if your income now doesn't permit that then you're screwed. It's either you get a higher paying job or skimo on everything and cheap out. Personally I'd rather go for the first one.
legendary
Activity: 1428
Merit: 1166
🤩Finally Married🤩
August 30, 2018, 12:29:38 PM
OP is suffering from a mind blasting redundancy.
Why would you save your money if you can just make them work for you? In that case, money will grow and the fact that your money is still in good hands you won't lose anything.

Quote
HOW TO SAVE MONEY?

BE RESPONSIBLE. BE WISE. BE PRACTICAL.
sr. member
Activity: 714
Merit: 250
August 30, 2018, 12:03:56 PM
I use Warren Buffet's principle of saving money and it has worked fine for me until now Smiley

It's the simplest principle you will ever find: Save first, spend later Smiley

So, once you get paid, you should move a part of your money to a savings account and keep the rest for spending. Easy huh?


yeah look like easy but why if there is a urgent needed and for daily need ? i think money just not for saving but money for keep our live in there
my principle is saving half and used to daily need a part.
full member
Activity: 1106
Merit: 166
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August 30, 2018, 12:02:20 PM
I keep my money in the bank, because if I save money in the bank I can get interest. I can take the interest rate that I get for the necessities of life.

Savings is very important for our life why I am saying this if we earn a lot of money but we don't save our money then your profit is zero then the future of your life is in the? That's why I am saying saving is very important and saving methods are different for every people choose which type of saving method that you want for your convenient investment.
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