how to save money? - page 20. | Bitcointalksearch.org

adzino

copper member

Activity: 2968

Merit: 575

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Quote from: Jaycee99 on August 24, 2018, 02:35:17 AM

-snip-
7. If it is foriegn money invest it gamble do not just save
-snip-

What do you mean by foreign money? And how would you related it with gambling? It is a very bad idea. And since when did gambling become a form of investment? You can never consider gambling as a form of investment since it is considered as a game of chance. That is, it fully depends on luck. Gambling will just cause you to lose all your saving and bring nothing good.

Antonina

jr. member

Activity: 280

Merit: 1

I think that it is better not to save in this life, then you will be sorry. And if you want - then put them in the bank, take yourself a small amount and live

Kadot amoh

jr. member

Activity: 105

Merit: 1

how to save money in the INDODAX account, if our money is saved in the INDODAX account, our money will be deviated safely, but we also have to trade in the trading market so that our money can increase.

Kemarit

legendary

Activity: 3080

Merit: 1353

Here's my tip, why don't you go around and search the forum because it looks like this topic has been discussed many times:

https://bitcointalksearch.org/topic/best-tip-on-saving-money-2522987 - Best tip on saving money
https://bitcointalksearch.org/topic/15-tips-for-successful-long-term-investing-4547807 - 15 Tips For Successful Long-Term Investing
https://bitcointalksearch.org/topic/how-to-save-money-on-a-long-term-period-4917439 - How to save money on a long-term period
https://bitcointalksearch.org/topic/tips-on-how-to-save-money-3080713 - Tips on how to save money.

Anyways, if your really don't execute those tips then it will be useless. Takes a lot of emotions to carry out those money savings tips gonna be difficult as times but once you master it I'm sure that you are on your way of enjoying the financial freedom that everyone dreams.

Hydrogen

legendary

Activity: 2562

Merit: 1441

These days people seem to prefer a methodical approach. In terms of statistics rent and food are the two largest liabilities on a person's balancesheet. The most effective cost savings is likely to be eating out less and preparing your own meals. There are exceptions to this like the mcdonald's dollar menu, of course. After food beverages can be a decent expense. Buying a 5 gallon container and filling it up with potable water from the supermarket for $1.00 can yield good cost savings. Using coupons or buying things on sale can also make a difference.

After food and rent I guess transportation and entertainment is the next biggest expense for many. Money spent on gasoline or car insurance and going out to see a movie, go shopping or eating out. For those who live in a city where everything is relatively close they might get away with buying a moped which requires no insurance to cut car costs and reduce fuel consumption.

Another good way to make saving easier is to have some type of side hustle which generates income.

Being lucky enough to have someone who has done well @ these types of things and has valuable expertise to share can also be a massive boost.

richminded

sr. member

Activity: 798

Merit: 268

Quote from: HI KITTY on August 23, 2018, 09:29:49 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?

Great advice! Also one way of saving successfully is to live within your means. A lot of people are earning a lot in this market or through their professionals job and yet they don't have any savings simply because they live beyond their means and most of them don't have any plan for their future. Savings is a must, but also you should invest more for your future so your savings will be more worth it when you need it.

toolucky98

full member

Activity: 490

Merit: 100

Quote from: HI KITTY on August 23, 2018, 09:29:49 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?

try to divide your needs in percentage for example 40% for monthly needs, 30% for installment, 20% for future savings, 10% for social needs, then divide it with your monthly income

Arlibtchunt2018

jr. member

Activity: 280

Merit: 1

Saving money looks like an very easy task but it is not. I've always set my mind to be able to save but until now it is very hard task specially if you are not financially stable. This is why up until now I can't consider myself as a good trader.

GangNamSK

member

Activity: 280

Merit: 10

Quote from: renes on August 24, 2018, 03:12:27 AM

I think saving money is closely associated with controlling spending, if you do it well then you automatically save money but that's hard for most people.

Savings are simple but also need to be learned. For something small but great purpose also need to learn. Learn successful and wealthy people. See how they manage their finances. Then we begin to practice ourselves gradually and easily into our instincts.

Aikidoka

sr. member

Activity: 1078

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Saving money is really tough. You might ignore it at once, but when you are about to save some, you just are like "Screw it, I am gonna buy a pack of cigarettes." Saving money is not about depriving yourself of necessary things, but it is about saving 30% and spend 70%. These 30% are quite enough to make a good fortune. I, myself, do not save money. If I do so, I will be rich. Saving money needs a strong determination and patience. That is why people fail to save money.

organicrice

newbie

Activity: 38

Merit: 0

Quote from: HI KITTY on August 23, 2018, 09:29:49 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?

Here are the simple steps to save money:
1.You must record your monthly salary.
2. Divide your salary. such for foods, travel expenses.
3. Set % for your saving. Example. 20 % of your salary is your savings.
4. Avoid to much expenses..
5. Don't buy things that was needed.
6. Keep saving money. Until one day you can find your money growing..

vlad230

sr. member

Activity: 616

Merit: 279

I use Warren Buffet's principle of saving money and it has worked fine for me until now

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

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?

CurrentCrypto

jr. member

Activity: 62

Merit: 1

I always like to save a fixed amount of my income, for example 10% of everything that is coming in. You can change the percentage depending on what you want, but it is a good way to accumulate more savings over time.

batang_bitcoin

hero member

Activity: 3080

Merit: 603

Quote from: HI KITTY on August 23, 2018, 09:29:49 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?

Very simple tips but that's the basic on how someone can save money. There's also an equation that you can follow to save and that is (salary - savings = expenses).
Wait, these tips are almost the same with 8 simple ways to save money.

renes

sr. member

Activity: 532

Merit: 250

I think saving money is closely associated with controlling spending, if you do it well then you automatically save money but that's hard for most people.

ronics

member

Activity: 350

Merit: 10

you must really accumulate a lot of money now and for the coming of time in any emergencies that come with taking years of spending each day and that we also have a saving for our future and with the whole family. In this way we will be able to help ourselves to discipline ourselves to spend our savings when we become active in thinking.

ajaymukund

member

Activity: 784

Merit: 10

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Quote from: HI KITTY on August 23, 2018, 09:29:49 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?

These are easy to say but difficult to do. Ideally, we should have a diary of what we paid for it. At the end of the month, we will reorganize and see what costs us the most money. From there we can offer the best way to save money for a long time.

Crystal24

newbie

Activity: 98

Merit: 0

It is very simple with determination.
Personally, i save a certain percentage of my earnings no matter what happens.
And i dont touch the savings untill it gets to my targeted amount.

Jaycee99

sr. member

Activity: 1036

Merit: 273

Quote from: HI KITTY on August 23, 2018, 09:29:49 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?

This one, additional suggestions

7. If it is foriegn money invest it gamble do not just save
8. But if you do not want to work with investments good hold but make sure you do not just hold forever.

How about this in realation to bitcoin and making a saving about it....

9. Bitcoin is not just saving so when you hold you are a trader and you must have an idea.

-So, in bitcoin hold bitcoin
- Dont give up when everything is down
10. When you think you hit the jackpot to high value go exchange it to your foriegn money and go and work on you savings.

If you want to work with bitcoin your not just saving it is a gamble and a work in heart or rather a serious investors.

usekevin

hero member

Activity: 2324

Merit: 562

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Saving is the essential one now a days.We are sudden need of money for our mom expenses or our own expenses.What we will do at that situations.Did you get debit from others and will pay interest for your life long?
It will not be a good idea.Better use to save a part of your earnings as savings.Instead you can save and inverse that on best cryptocurrency like bitcoin.It will give you more profit too.

Topic: how to save money? - page 20. (Read 2629 times)