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Topic: Take care of your money and learn to save. - page 18. (Read 2909 times)

sr. member
Activity: 784
Merit: 364
We must be careful about money, if you are careful about money then there is no problem if people call you stingy because some people's job is to say bad things about others.

Permit me to use this famous words "spend your money wisely, you have a family to care for and not a society to impress". Money has become a control tool in this recent generation and that's why people are going extra length just to acquire this money. It allows you to control people, earns you respect and value. If you are opportune to acquire money, it's very important to make use of it carefully by  investing in potential assets both physical and digital assets if you don't want your condition to become pitiful in the future.

Sadly, the world we live in today does not recognize average people but rather give attention to influential people starting from households to society in general. Majority of these people around you are not after your personality but they are there simply because of the wealth you possess. This makes it more necessary to take good control of your money because you will lose everyone once you lose the money. The reason why rich people keep investing to make more money is because they don't want to lose their relevancy in the society. Money is a powerful force if you have it but without proper management, you will definitely lose it some day. Spend and invest wisely.
hero member
Activity: 1288
Merit: 508
Leading Crypto Sports Betting & Casino Platform
We love to spend money. Every day we buy many things but there is no need to buy this. This is the most important rule of saving. There is an art to spending little money. If we don't know this, we won't be able to have a lot of money. Let's calculate how much money we can spend in one week on unnecessary things. This is savings! Techniques will not work if we do not learn to do without some things

Everyone definitely has their own technique for making savings efforts in their own lives, because we will not be able to equate our own needs with the needs of other people even though those other people also live in the same country as us. This means that in terms of living needs, there will always be differences between one person and another, especially if the other person does not live in the same country as us, so the techniques for making savings efforts will also be very different from what we do now.

You can make savings by looking at unimportant expenses every week, but for other people this may not be effective enough, because they sometimes still need to look at them on a day to day basis. Apart from that, people who cannot avoid basic necessities which are sometimes becoming more expensive will also make it difficult for them to fulfill these things so that they also cannot make savings if they do not have other sources of income in their lives to be able to make savings.

When it comes to saving, most people will think of stopping spending on non-essentials, but what are non-essentials when we only spend on basic daily needs? Instead, why don't we find ways to increase our income? That will help us spend comfortably and help us save more easily. Not only knowing how to save but not thinking about how to increase your income, your family will fall into difficulty when you focus too much on saving and spending stingily. If we focus too much on planning to save money, it will only make us more tired of life. Instead, it would be better if we looked for ways to increase our income.
hero member
Activity: 1302
Merit: 516
Bitcoin Casino Est. 2013
We love to spend money. Every day we buy many things but there is no need to buy this. This is the most important rule of saving. There is an art to spending little money. If we don't know this, we won't be able to have a lot of money. Let's calculate how much money we can spend in one week on unnecessary things. This is savings! Techniques will not work if we do not learn to do without some things

Everyone definitely has their own technique for making savings efforts in their own lives, because we will not be able to equate our own needs with the needs of other people even though those other people also live in the same country as us. This means that in terms of living needs, there will always be differences between one person and another, especially if the other person does not live in the same country as us, so the techniques for making savings efforts will also be very different from what we do now.

You can make savings by looking at unimportant expenses every week, but for other people this may not be effective enough, because they sometimes still need to look at them on a day to day basis. Apart from that, people who cannot avoid basic necessities which are sometimes becoming more expensive will also make it difficult for them to fulfill these things so that they also cannot make savings if they do not have other sources of income in their lives to be able to make savings.
hero member
Activity: 1064
Merit: 589
...
We must be careful about money, if you are careful about money then there is no problem if people call you stingy because some people's job is to say bad things about others.
Unfortunately, this is the truth for most of us... when we have huge earnings, we also increase our expenses which still end up with no savings but a possible debt.
 
Fund management is commonly a problem for the majority. We think about savings but nothing happens due to unexpected expenses. So many people remain poor due to a lack of financial management education and risk appetite. Usually, we don't have a long-term plan, so only a few people take risks in investing while the majority rely on their job's salary.
Well, actually this is wrong logic, but it is embedded in people's mindset. They always say that our income will be proportional to our expenses, or that when we have a large income, our expenses will increase too. Even though it is not the amount of our expenses that becomes large, it is our prestige or increasing our standard of living.
When we have a low income we can get by with that, so when we have a much higher income why don't we save or set aside money? that's the question. Logically we should be able to set aside money when we have a much higher income, right? This is the problem, because sometimes, as I said before, our human instincts will work because our prestige will be greater and we will also raise our standard of living which we should not have done.
hero member
Activity: 2954
Merit: 672
Message @Hhampuz if you are looking for a CM!
I once heard a saying that the more money the more friends and friends are more valuable than money but I have a principle that the more money, the harder it is to choose friends and money is more valuable than friends. Money can select friendships so that we can have a quality life. Taking care of your money and learning to save is the right choice, because the benefits will return to ourselves. When we save indirectly we learn to appreciate money so we can use it well according to our needs, not just our desires.
That principle you heard is true. We know people, we are mostly attracted to money more than anything else. It is like money is a big magnet and people will just get magnate if you have lots of it. Money is only a paper or a coin, etc... but a friend is a person, so yeah that they are more valuable but there is an exception to that of course for some people. They are still choosy when it comes to making a friend and they don't care if they will have less but as long as those friends are true to them and they have other qualities that they also like. Not to be harsh but your principle or your standards sound high and something tells me that you can ignore poor people easily.
Yes, where there are money, a lot of friends will flock into you. That is not surprising anymore as anyone can attest to that. However, instead of using our money to attract friends, why won’t we use it to attract potential investments that will somehow guarantee some profits, that way we can save a huge amount once that investment works and progress.

Money is not everything, but it’s indeed a very important factor for a human being. Without it, one will not survive from all its daily struggles and challenges. This is why if you already have the money, use your mind so can utilize your money well. Do not just focus on saving itself, but learn to invest as well so that you will have something to use and benefit in your old age when your body is not capable anymore to provide you money.
hero member
Activity: 3094
Merit: 606
BTC to the MOON in 2019
...
We must be careful about money, if you are careful about money then there is no problem if people call you stingy because some people's job is to say bad things about others.
Unfortunately, this is the truth for most of us... when we have huge earnings, we also increase our expenses which still end up with no savings but a possible debt.
 
Fund management is commonly a problem for the majority. We think about savings but nothing happens due to unexpected expenses. So many people remain poor due to a lack of financial management education and risk appetite. Usually, we don't have a long-term plan, so only a few people take risks in investing while the majority rely on their job's salary.
legendary
Activity: 3122
Merit: 1140
We must be careful about money, if you are careful about money then there is no problem if people call you stingy because some people's job is to say bad things about others.
While you’re minimizing your spending, know that you can’t become rich just by saving money. Or maybe you can but not for wealth. And temporary riches isn’t what  you want, so you need a better plan that is bigger than minimizing one’s spending.
Agreed. Saving will not make you rich because of inflation. We live in an era where understanding the concept of leverage is very easy, easy to obtain and easy to learn. So to create wealth and financial freedom is not as difficult as many people believe. Building wealth and remaining financially stable indefinitely is much easier with the right information. Participate in investments as this is the only right approach to earn high income and remain prosperous indefinitely. You just need to adjust your expenses according to your income. In essence, frugal does not mean stingy.

My aunt was very frugal but invested in land. Now that he is gone, we, his children, are happily reaping the fruits of his labor. That's the generational wealth we gain, to ensure your children and your future children and grandchildren have a good starting point. So take care of your money and learn to invest, especially in bitcoin.

Hard to prioritize savings since we could be defeated by inflation with that and there's nothing will happen to our money if we just decide it especially on banks since they are the one who will earn a lot of money from our savings while us they just give small compensation which is not totally reasonable amount.

Much better if we use our money to invest on multiple options since for that we could able to get a lot of income streams then the only one we need to separate is the emergency funds and educational plans for our child so that we can live a comfortable life in future. Your aunt is so smart for determining what's best for his money and he really see the result which his child is benefiting from his investments made.
Inflation stinks. Nobody likes seeing their money slowly disappear. Banks aren't the enemy. They contribute. Savings won't make you rich, but it's a safety net. Consider that low interest rates cost peace of mind. You must stretch your wings to grow. Consider cryptos, bitcoin, and high-yield savings accounts to stay up with inflation

Who doesn't want their money to work for them? But there's risk. Crypto and stock markets rise and fall. It's wild. So, two things: First, that emergency fund? Vital. Second, everyone's situation varies. You comfortable with how much risk? Your big goals? The investing plan must match you
Really that impossible that you cant really be able to realize those things that saving up your money on banks cant really make you rich and instead of being stagnant then you would really be possibly be thinking that making use of those funds on putting it up on something more better when it comes to earning money or profits and this is why people would really be having that consideration on making some step forward on making some investment instead on putting up too much on savings which it isnt a bad option but of course it would really be still ideal that you should set aside on having some fiat to be stored in the bank for emergency purposes.
As for inflation then this is something that would really be inevitable and this is why it would be that a wise thing for you to have such move on trying out to make investment or having that other income source.

Dont wait up for yourself to be on a struggling condition before you would really be making out such step because the earlier the better on where establishing yourself wont really be that a short time period.
So starting it out as early as possible.
legendary
Activity: 1946
Merit: 1100
Leading Crypto Sports Betting & Casino Platform
We must be careful about money, if you are careful about money then there is no problem if people call you stingy because some people's job is to say bad things about others.
While you’re minimizing your spending, know that you can’t become rich just by saving money. Or maybe you can but not for wealth. And temporary riches isn’t what  you want, so you need a better plan that is bigger than minimizing one’s spending.
Agreed. Saving will not make you rich because of inflation. We live in an era where understanding the concept of leverage is very easy, easy to obtain and easy to learn. So to create wealth and financial freedom is not as difficult as many people believe. Building wealth and remaining financially stable indefinitely is much easier with the right information. Participate in investments as this is the only right approach to earn high income and remain prosperous indefinitely. You just need to adjust your expenses according to your income. In essence, frugal does not mean stingy.

My aunt was very frugal but invested in land. Now that he is gone, we, his children, are happily reaping the fruits of his labor. That's the generational wealth we gain, to ensure your children and your future children and grandchildren have a good starting point. So take care of your money and learn to invest, especially in bitcoin.

Hard to prioritize savings since we could be defeated by inflation with that and there's nothing will happen to our money if we just decide it especially on banks since they are the one who will earn a lot of money from our savings while us they just give small compensation which is not totally reasonable amount.

Much better if we use our money to invest on multiple options since for that we could able to get a lot of income streams then the only one we need to separate is the emergency funds and educational plans for our child so that we can live a comfortable life in future. Your aunt is so smart for determining what's best for his money and he really see the result which his child is benefiting from his investments made.
Inflation stinks. Nobody likes seeing their money slowly disappear. Banks aren't the enemy. They contribute. Savings won't make you rich, but it's a safety net. Consider that low interest rates cost peace of mind. You must stretch your wings to grow. Consider cryptos, bitcoin, and high-yield savings accounts to stay up with inflation

Who doesn't want their money to work for them? But there's risk. Crypto and stock markets rise and fall. It's wild. So, two things: First, that emergency fund? Vital. Second, everyone's situation varies. You comfortable with how much risk? Your big goals? The investing plan must match you
sr. member
Activity: 2100
Merit: 309
Realizing the importance and utility of money over time is a very good thing and thinking about your future and saving it can be a very good thing too, but looking at one from the point of view that it is with me for money. If it's not money, it won't happen. This thing can make you mentally ill.
Some things are done according to age. The joys that we can enjoy in youth, we cannot have in old age. No matter how much money we have, everything is good in its own time, so with our money, our present life should also be made good and should be saved for our future, but first of all, the life we are living should be made better.

Money is very important side for every one round the world who spending more than 24 hours working to earn much money and try to make better their future life. I think need to be smart with money management which one have spending and how much percent allocated for every side or our needed. But some people forget enjoying their hard working and keep spent money for saving assets indeed have to face most standart life level, indeed have to spent for saving assets to be better our future condition but we must spend money for enjoying what dreaming to buy exactly we come from difficult financial condition.
Actually our life is too short and don't make all your money as saving assets without enjoying yet, make planning based on assets having how many years for enjoying and use half spend for buying most important in your life.
legendary
Activity: 2044
Merit: 1075
Leading Crypto Sports Betting & Casino Platform
Money is for human, human is not for money. First of all, it is necessary to understand, I don't deny the truth of how important money is in today's era, indeed, today, relationships, and friends are all about money but it is also true that not everyone is with you for money, there are some sincere relationships that you have received from the grace of God or who are with you in return for your goodness. Seeing everyone as if they're only in it for the money makes you feel completely isolated and rude I have seen so many rich people who have lots of money and all the comforts but they don't have peace of mind, they don't have any real relationship, they don't have any friends that they want. Can you understand the state of their heart or share their joys and sorrows with them? They are completely alone inside and their countless money is of no use to them because money cannot buy relationships or feelings.

Realizing the importance and utility of money over time is a very good thing and thinking about your future and saving it can be a very good thing too, but looking at one from the point of view that it is with me for money. If it's not money, it won't happen. This thing can make you mentally ill.
Some things are done according to age. The joys that we can enjoy in youth, we cannot have in old age. No matter how much money we have, everything is good in its own time, so with our money, our present life should also be made good and should be saved for our future, but first of all, the life we are living should be made better.
legendary
Activity: 2660
Merit: 1074
I once heard a saying that the more money the more friends and friends are more valuable than money but I have a principle that the more money, the harder it is to choose friends and money is more valuable than friends. Money can select friendships so that we can have a quality life. Taking care of your money and learning to save is the right choice, because the benefits will return to ourselves. When we save indirectly we learn to appreciate money so we can use it well according to our needs, not just our desires.
That principle you heard is true. We know people, we are mostly attracted to money more than anything else. It is like money is a big magnet and people will just get magnate if you have lots of it. Money is only a paper or a coin, etc... but a friend is a person, so yeah that they are more valuable but there is an exception to that of course for some people. They are still choosy when it comes to making a friend and they don't care if they will have less but as long as those friends are true to them and they have other qualities that they also like. Not to be harsh but your principle or your standards sound high and something tells me that you can ignore poor people easily.
hero member
Activity: 2184
Merit: 599
Good basic thinking basically we should not spend money carelessly, we need to detect the needs that may come into our lives in the future, actually in life there will definitely come problems and many of the problems need money to solve them, therefore it is important to set aside our money to save, as an emergency fund or whatever it is, in fact when we have money every problem that comes can be easily solved or not worry about money problems when problems come into our lives.

But on the other hand, besides saving, we need to look at the gap between needs and income, if our income is not sufficient, the solution is not only to save or invest but how to increase income to cover needs so that we can have money for emergency funds and invest.
It is true that spending money carelessly is a problem, but at the same time people are keep forcing the regular people to live frugal life instead of seeing the real problem; companies becoming greedier.

Do not drink starbucks every morning, do not get your avocado toast, do not buy the new iphone, do not go to a vacation you can't afford, do not get all the subscriptions, do not get ... and so forth and so forth while the rich guy just spends 10 billion to shoot himself to space, I am sorry but wtf is wrong with people that we are taking the last ounce of happiness life provides to these low to mid level income people, and not looking at the reality that corporations make tens of billions of profit while not giving their workers any proper raise? That is the real problem.

Wages are way too low right now, and as long as that is not fixed, you will get poorer and poorer, eventually they will tell you that eating three times a day is bad, and you should eat twice, because that is what you will be able to afford anyway with the money these companies pay us.
Yes that's true too, but we can't look there, look at the side of billionaires who have a harder struggle when building their wealth, they are more willing to spend money to build businesses so that they get a lot of income and employ many people who are standardized in salary, and I think they also went through something like that before becoming billionaires who can spend money easily today, so it's not balanced to look that way if we are their workers today.

I agree with your last paragraph that today's salaries are too low to make ends meet, due to inflation and a bad monetary system both in the labor force that makes it very difficult for us to save most of our income, hence many of us have two or even more jobs to be able to save and invest.
sr. member
Activity: 1456
Merit: 326
Eloncoin.org - Mars, here we come!
We love to spend money. Every day we buy many things but there is no need to buy this. This is the most important rule of saving. There is an art to spending little money. If we don't know this, we won't be able to have a lot of money. Let's calculate how much money we can spend in one week on unnecessary things. This is savings! Techniques will not work if we do not learn to do without some things

People often spend money without realising that by spending it on useless material he is actually wasting his money but I think we should spend with great care because he can understand the value of money who works hard just to maintain the responsibility of his family and earn money with great efforts.

We have to work properly and should think to plan for our future so for such a reason we will minimize our spending on useless things which are not necessary for living a healthy life. Remember that you will spend without planning today but what will you do when you need money during an emergency when you don't have savings.
sr. member
Activity: 1022
Merit: 363
We must be careful about money, if you are careful about money then there is no problem if people call you stingy because some people's job is to say bad things about others.
While you’re minimizing your spending, know that you can’t become rich just by saving money. Or maybe you can but not for wealth. And temporary riches isn’t what  you want, so you need a better plan that is bigger than minimizing one’s spending.
Agreed. Saving will not make you rich because of inflation. We live in an era where understanding the concept of leverage is very easy, easy to obtain and easy to learn. So to create wealth and financial freedom is not as difficult as many people believe. Building wealth and remaining financially stable indefinitely is much easier with the right information. Participate in investments as this is the only right approach to earn high income and remain prosperous indefinitely. You just need to adjust your expenses according to your income. In essence, frugal does not mean stingy.

My aunt was very frugal but invested in land. Now that he is gone, we, his children, are happily reaping the fruits of his labor. That's the generational wealth we gain, to ensure your children and your future children and grandchildren have a good starting point. So take care of your money and learn to invest, especially in bitcoin.

Hard to prioritize savings since we could be defeated by inflation with that and there's nothing will happen to our money if we just decide it especially on banks since they are the one who will earn a lot of money from our savings while us they just give small compensation which is not totally reasonable amount.

Much better if we use our money to invest on multiple options since for that we could able to get a lot of income streams then the only one we need to separate is the emergency funds and educational plans for our child so that we can live a comfortable life in future. Your aunt is so smart for determining what's best for his money and he really see the result which his child is benefiting from his investments made.
hero member
Activity: 2702
Merit: 510
Leading Crypto Sports Betting & Casino Platform
We love to spend money. Every day we buy many things but there is no need to buy this. This is the most important rule of saving. There is an art to spending little money. If we don't know this, we won't be able to have a lot of money. Let's calculate how much money we can spend in one week on unnecessary things. This is savings! Techniques will not work if we do not learn to do without some things
usually the habit of overspending is always this, buying unnecessary things, even if there's a discount, some people bought thing simlpy because there's discount going on even though honestly they just don't really need it.
from the small things that gets discounted if we buy all those unnecessary things consistently it will take up certain portion of our savings, knowing that we have the habit of overspending is the first step into saving and further growing our capital, if we just can't figure out that we ourselves are the problem, this problem might not get solved and we won't be able to save meaningful amount of money at the end of the day.
but even saving is not enough if you want to save up for your retirement, is something like covid hits, it might damage your saving that you've been building since long time ago.
therefore knowing how to invest, grow your capital is also one way to be rich in my opinion.
learn to trade, invest and so on, this is really useful side hustle skill when you need to make side income.
member
Activity: 196
Merit: 15
★Bitvest.io★ Play Plinko or Invest!
When you have money I mean enough money your friends increase without you knowing (that's if you're the party type) so you need more money to make things happen to keep that friendship going. Before you start up a life of spending lavishly don't forget of having where more money would come from, that's why one need a better investment to stay on top not only that but you need to think I'm a productive way to keep the money pumping.
In some countries where things are hard and prices of goods have doubled times 3 of the old price, you think of how to spend less and save more and also cutting off the way you spend as of then to make a good meaning of your hustle. Is best to be stingy and you have what to feed yourself and your family than giving out money without thinking about tomorrow to be begging along the street with a hungry stomach.

I think people should see me as a bad person just because I refuse to spend my money on them. Not everyone will think you are a bad person, some will no longer talk to you or be close to you because you do not spend your money as they think. We've lost a lot of friends because they think their friends' money is theirs. If they have an issue to solve, they will believe that their wealthy friend can fix it. If someone starts making money, I believe they should limit how much they walk around since the more you walk, the more you spend.

We should not allow anything to bother us, our family problems should always be a main priority since we never know what tomorrow will bring. If you are broke not all your friends will support you, even if you used to spend on them. It's difficult to save when you come from a place where items are very cost. Being stingy is good if it stops us from overspending. He was once a giver, but now a needy should not be our position.
The people you lost were never your friends. Because friendships don't mean that I can't spend my money for them then the friendship will be ruined. It could also be that you failed to choose the right friends. But be that as it may, if it is understood that someone is walking with us for self-interest and runs away in times of danger, then it is good to stay away from such people immediately. I believe an empty house than bad companies.
However we should take care and save our money even if it is for our investment instinct, we should save and extend a helping hand to as many needy people as possible to put some smiles on their faces. Because if people smile, the world can become beautiful.
sr. member
Activity: 700
Merit: 448
Helping those in need is never bad however you also have to identify your limits as a person. You wouldn’t want to lose all of yourself.Sometimes being greedy and putting yourself first is the right thing to do.

Although it has never been a bad thing but with what's happening in world I some how think is not too good to help, sometimes we help others and forget that we the helper have needs, cloths to wear food to eat and all that. I'd prefer to not be in the group of greedy people because there's a way you do it and it will get into your head without you knowing who deserves that behavior or not, is never a good thing unless you have it in you (greediness).


Quote

What did his wife do to deserve that treatment lol. Above all when I am rich enough I would spoil my family and give them everything they need.


Not that he doesn't give the wife money but he does it on his terms, whenever he feels like giving that's when he gives but if she needs money like today or tomorrow he act like he hasn't seen money in his account before, what I mean is that she can't make use of money when she want is when she has no need that's when he gives which is bad to me.
full member
Activity: 588
Merit: 186
We must be careful about money, if you are careful about money then there is no problem if people call you stingy because some people's job is to say bad things about others.
While you’re minimizing your spending, know that you can’t become rich just by saving money. Or maybe you can but not for wealth. And temporary riches isn’t what  you want, so you need a better plan that is bigger than minimizing one’s spending.
Agreed. Saving will not make you rich because of inflation. We live in an era where understanding the concept of leverage is very easy, easy to obtain and easy to learn. So to create wealth and financial freedom is not as difficult as many people believe. Building wealth and remaining financially stable indefinitely is much easier with the right information. Participate in investments as this is the only right approach to earn high income and remain prosperous indefinitely. You just need to adjust your expenses according to your income. In essence, frugal does not mean stingy.

My aunt was very frugal but invested in land. Now that he is gone, we, his children, are happily reaping the fruits of his labor. That's the generational wealth we gain, to ensure your children and your future children and grandchildren have a good starting point. So take care of your money and learn to invest, especially in bitcoin.
sr. member
Activity: 1148
Merit: 432
Saving money is easier said than done thanks to the unpredictable nature of life. People who have lots of money usually can survive well even if they don't save their money properly.

However, the same cannot be said about people with small-medium amounts of money. Money management is a tough skill to master, but it's worth it at the end of the day.
It must be admitted that saving is the most difficult thing to implement in life, even though we are aware that saving is quite important and useful for the future.
However, when we grow up, there will be many considerations to hold back all desires in life to prioritize saving money for the future, I am already aware of this and what we have gone through has become a valuable lesson for a better future.
Saving can become a habit, so we have to do it slowly now for our future.
hero member
Activity: 3178
Merit: 977
www.Crypto.Games: Multiple coins, multiple games
Saving money is easier said than done thanks to the unpredictable nature of life. People who have lots of money usually can survive well even if they don't save their money properly.

However, the same cannot be said about people with small-medium amounts of money. Money management is a tough skill to master, but it's worth it at the end of the day.
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