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Topic: How to save money on a long-term period - page 5. (Read 4089 times)

hero member
Activity: 980
Merit: 502
October 27, 2018, 04:11:03 PM
If you want to save your money all you have to do is to invest and make your own bank account so that you have a money that can use in the future.
You must also create a book where you write the savings each month and always set aside a fixed amount of money from your salary first as it ensures that you have money for investments as what many people do is that they think about saving money but first they like to spend their hard earned money but when they are done with spending they realize that they don't have money left for saving so they remain poor and without any savings crushed under debt. So you should always consider setting aside the money for investments first and then should spend the rest of your money.
legendary
Activity: 2464
Merit: 3128
October 27, 2018, 03:54:26 PM
I know a lot of ways to save money but I only agree with you at buying real estate. Antiques and black metal are one of the hardest to recognize as good or bad. We need to learn a lot about that. Instead, we can buy real estate or buy bonds. That is the best choice for me.
On the contrary, I believe that investing in ferrous metal is not difficult. You just need to have a garage. As for antiques, you are right. In general, I believe that people exaggerate the difficulty in investing in anything. It's not as hard as it seems. It is better than keeping money in a bank. Do not keep money in the bank, you slowly lose it)
full member
Activity: 1106
Merit: 166
★777Coin.com★ Fun BTC Casino!
October 27, 2018, 03:32:22 PM
If you want to save your money all you have to do is to invest and make your own bank account so that you have a money that can use in the future.

I agree to you. If you really want to save money for a long period of time I suggest that open a bank account and store there the money you want to save. Then do not spend it on the thongs that do not really matter at all. Be wise in spending it all the time. And if ever you want to your save money to grow then maybe youcan try joining some investments.

Saving for long time period is not always very effective it depends upon the changes of your investment so my opinion is Use your experience with some intelligence it will the only way to get more profit than ever.
member
Activity: 224
Merit: 10
October 27, 2018, 02:35:21 PM
I think to save money in the long-term period is very easy, You only have to maintain your assets and not sell them at cheap prices, patience is needed in this matter because doubt certainly exists when looking at prices that are very fast changing.
sr. member
Activity: 1750
Merit: 267
October 27, 2018, 02:00:14 PM
I know a lot of ways to save money but I only agree with you at buying real estate. Antiques and black metal are one of the hardest to recognize as good or bad. We need to learn a lot about that. Instead, we can buy real estate or buy bonds. That is the best choice for me.
All method is not for all the people. It is not possible for anyone to maintain all the method to save money. But it is really true that one can save his money by buying digital coins which have enough potential. It will be holding on your account safely.
full member
Activity: 756
Merit: 108
October 27, 2018, 01:30:35 PM
It is interesting that when you reread dozens of smart articles about how to save your money, you still act in reality the way you want and learn from your mistakes. I have to say, that you can read a lot and know about diversification and so on, but in practice most do not follow these rules.
full member
Activity: 504
Merit: 100
October 27, 2018, 01:28:21 PM
I don't think that black metals are good for saving money in a long-term period. Their storage and security costs are too high to save near that value over time.
I think they are good materials only if you want use them in infrastructure, otherwise they will taking space in storeroom without point.
The best option for saving money for long term in my view is to invest in property, because property will never lose money and with the passage of time the value of your property will increase. If you put your money in bank, you will spend it after some time because of easy access. If you invest in crypto, it is also usable and not good for long term savings.
Saving money for long term is good but itsto much hard to save in your home. Because no one know when you need the money also we should not save our money in banks too because they applied tax when you withdraw it and apply some charges.

Never keep big sums of money at home. It is too risky. Still, traditional banks can do it better for you. Additionally, you can invest in the best cryptocurrencies like Bitoin.
member
Activity: 770
Merit: 10
https://streamies.io/
October 27, 2018, 11:20:29 AM
I know a lot of ways to save money but I only agree with you at buying real estate. Antiques and black metal are one of the hardest to recognize as good or bad. We need to learn a lot about that. Instead, we can buy real estate or buy bonds. That is the best choice for me.
full member
Activity: 899
Merit: 101
October 27, 2018, 10:42:59 AM
There are many ways to save your money over a long period of time. You can save and deposit at banks, buy long-term bonds. Or there is a way you can save money and make a profit. Buy a coin worth waiting for high prices.
deposit our money in the bank most secure ways to save our money.but it did not give us high interest or yield.maybe other product or investment portofolio could give us huge return.
sr. member
Activity: 602
Merit: 250
October 27, 2018, 09:54:48 AM
There are many ways to save your money over a long period of time. You can save and deposit at banks, buy long-term bonds. Or there is a way you can save money and make a profit. Buy a coin worth waiting for high prices.
jr. member
Activity: 378
Merit: 1
October 27, 2018, 09:46:08 AM
If you want to save your money all you have to do is to invest and make your own bank account so that you have a money that can use in the future.

I agree to you. If you really want to save money for a long period of time I suggest that open a bank account and store there the money you want to save. Then do not spend it on the thongs that do not really matter at all. Be wise in spending it all the time. And if ever you want to your save money to grow then maybe youcan try joining some investments.
Opening a bank account is a good way, but banks always have problems, we send too much money, it is also a scary thing, and so I usually split into two parts, one to send the bank and one to my wife. And I can guarantee women are a very good place to send money, even though I'm not profitable but safe and not allow withdrawal is extremely good, I can assert that I am forced to manage reasonable spending because my wife never gives me money back, if I do not use a reasonable salary, I may be hungry
full member
Activity: 840
Merit: 105
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October 27, 2018, 08:53:17 AM
If you want to save your money all you have to do is to invest and make your own bank account so that you have a money that can use in the future.

Investing is different from saving, but if you wanted to save money then create a bank account or have some safe in your house and such. But then it is more suggested to invest. Because it may be risky but if you are smrt enough to analyze the market you will gain profit even in a short period of time.
full member
Activity: 405
Merit: 105
October 27, 2018, 08:37:42 AM
If you want to save your money all you have to do is to invest and make your own bank account so that you have a money that can use in the future.

I agree to you. If you really want to save money for a long period of time I suggest that open a bank account and store there the money you want to save. Then do not spend it on the thongs that do not really matter at all. Be wise in spending it all the time. And if ever you want to your save money to grow then maybe youcan try joining some investments.
member
Activity: 378
Merit: 10
October 27, 2018, 08:14:05 AM
hero member
Activity: 1722
Merit: 528
October 27, 2018, 04:24:45 AM
I don't think that black metals are good for saving money in a long-term period. Their storage and security costs are too high to save near that value over time.
I think they are good materials only if you want use them in infrastructure, otherwise they will taking space in storeroom without point.
The best option for saving money for long term in my view is to invest in property, because property will never lose money and with the passage of time the value of your property will increase. If you put your money in bank, you will spend it after some time because of easy access. If you invest in crypto, it is also usable and not good for long term savings.
Saving money for long term is good but itsto much hard to save in your home. Because no one know when you need the money also we should not save our money in banks too because they applied tax when you withdraw it and apply some charges.

That is right, it is really hard to save your money especially when you are already a parent, maybe a father or a mother of a family. Instead of you are the only one using the money, you are ought to use that for your family.

That is the responsibility of the parents, they should take care of their family. But that is really great if you will be able to do that. Children usually have some emergencies like having some accidents, hope it don't really happen or something you need to pay immediately. In that cases if you have savings, you will be able to pay them using your savings.
sr. member
Activity: 882
Merit: 250
October 27, 2018, 04:19:58 AM
I think the best way that I learn in Crypto to save my money in a long time period is to invest it in some trusted Crypto's that will make it also grow and I think it is the safest way to do with our money than putting it in a bank that will make some interest from it.
and the questions is how we could find this projects.we often see many fake ico appear in cryptocurrency market.and this market did not become safe place again for investors.
before we become investo in cryptocurrency market, we should have to learn about it.doing research and observation about good project was obligation for us to get our succes from this market.
newbie
Activity: 29
Merit: 0
October 27, 2018, 04:14:14 AM
To save money on a long-term period, you should make a solid investment. Investment in crypto has a lot of potential. Even during a bearish trend, don't hurry to sell crypto. This is just the phase of corrections which is perfect for holding. Invest now and get profits when the market finally stabilizes.
The primary way to save money that is suggested by the policy makers and the economists is to reduce the consumption. Minimize the imports that cost you more than you actually can afford. Such imports hinder your ability to save more in the long term. Besides, the more you produce, the more you would be able to earn and hence save.

There are lots of ways you can actually get your current account surplus. Long term investment in potential coins in the crypto market is the second name of getting your money replicated and the growth is often more that what is normally been paid in the bank.
To me I think that the best way to save your money for long term is to invest it in bitcoin or in some other low priced crypto currency where you think that in future their price will increase too much. I hope that through this way you can not only save your money but can also get a good profit from there.
sr. member
Activity: 1071
Merit: 253
October 26, 2018, 03:16:23 PM
gold is still the best asset at this time with passive value growth. I allocate less than half of my savings for living needs, the rest I set for the purchase of increasingly scarce assets, including gold, land and housing. Because I am also still active as a trader, crypto active asset allocation is also quite large, I still have to balance between savings, active stock and assets as much as possible because everything is very potential in accordance with existing needs.

Still, most of the people choose traditional banks to save their money. Gold is also a very good choice but you need to store it in the safest place (banks also). Rich people deal with antic things and make big money on this stuff.
For me gold and bank saving is useless because it never gives us satisfactory profit, I have never seen anyone getting profit from gold or holding money in banks more than they can get from investing bitcoin, for me it is good to invest our money in bitcoin because the price and value use to change even our life can be changed after getting profit for holding our bitcoin investment.
sr. member
Activity: 798
Merit: 250
GoMeat - Digitalizing Meat Stores - ICO
October 26, 2018, 04:10:13 AM
I think the best way that I learn in Crypto to save my money in a long time period is to invest it in some trusted Crypto's that will make it also grow and I think it is the safest way to do with our money than putting it in a bank that will make some interest from it.
and the questions is how we could find this projects.we often see many fake ico appear in cryptocurrency market.and this market did not become safe place again for investors.
member
Activity: 330
Merit: 10
http://www.daxico.com/
October 26, 2018, 04:02:39 AM
I think the best way that I learn in Crypto to save my money in a long time period is to invest it in some trusted Crypto's that will make it also grow and I think it is the safest way to do with our money than putting it in a bank that will make some interest from it.
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