How to save money.

[Sturgeon]

Life's hard and costly

Over half of my wages goes up to expenses like rent, food etc.

From the left overs I
1/3 save
1/3 invest
1/3 spend and live life

This is a good habit.

it's very good coment
hemmm i will start at this month to organize and analyze my monthly budget
i download moneylover from playstore to organize it 

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[ANdr0id]

Life's hard and costly

Over half of my wages goes up to expenses like rent, food etc.

From the left overs I
1/3 save
1/3 invest
1/3 spend and live life

This is a good habit.

Not possible if you don't anything left after paying bills and rent at the end of the month.

[kydranel]

I most observe on most the people is that they already have a commitmnet before they are even settled. Got married without proper jobs. Too focused on laboring and its really hard for them to invest in second business.

[ajun96]

Just be patient and buy only products that you need

yeah agree Sometimes I want to buy a lot of stuff when i was in the store, but it waste
buy what you need it,
financial management is in need

[TastyChillySauce00]

Just be patient and buy only products that you need

yeah agree Sometimes I want to buy a lot of stuff when i was in the store, but it waste
buy what you need it,
financial management is in need

its very easy to manage your financial, just when you go to the store just bring enough money, not too much,and you'll think twice when you buy somethin that's not in need

[bitcoinbettingtips]

Just be patient and buy only products that you need

yeah agree Sometimes I want to buy a lot of stuff when i was in the store, but it waste
buy what you need it,
financial management is in need

its very easy to manage your financial, just when you go to the store just bring enough money, not too much,and you'll think twice when you buy somethin that's not in need

You advice shall be applicable easily on cash purchase. If you take a credit card, then the limit is the credit limit. So it is better not to carry credit card with you.

[Djisamsoe]

Just be patient and buy only products that you need

yeah agree Sometimes I want to buy a lot of stuff when i was in the store, but it waste
buy what you need it,
financial management is in need

its very easy to manage your financial, just when you go to the store just bring enough money, not too much,and you'll think twice when you buy somethin that's not in need

It is easy to say.. But a lot of people are addicted from cigarettes or alcohol.. Don't want to think even about drugs and gambling. For them it is not easy and they need advice.

[DiamondCardz]

I love reading stories of software engineers who make 6 figures yet you see on all these news outlets that even saving 5% of their salary is impossible and oh noes we're doomed for retirement!1111!!11one!!!

You can live on $20k a year if you're frugal, in a decently low cost of living area and smart. Even in higher COL areas $30k-40k will get you by. There is no reason you can't save say 50% of your salary on a $100k salary easily, if you can't live on $50k/year (after tax) you need to re-evaluate how you actually live.

[yakelbtc]

A lot of people when they recieve thier salary the first time they do is

Salary-expensive=SAVE or SAVING
 
What about this formula

Salary-SAVING= expensive
If you use this fomula you can save money.

[mixan]

A lot of people when they recieve thier salary the first time they do is

Salary-expensive=SAVE or SAVING
 
What about this formula

Salary-SAVING= expensive
If you use this fomula you can save money.

That's is the problem. People lack the patience to save. They see it as money that can be put towards something that can use now. It is just in human nature. It is called instant gratification.
They want that winter jacket because it is getting cold outside, I won't put it into savings, I will buy that jacket because it is on sale. Do they need it? No. They could just as well us their old one from 5 years running.
But they want new and see it as "saving" on the price if it on sale. So they weight in the pros and cons and usually remove what they were going to put in saving to buy this new jacket. Also people are victims of vanity.

[HarryKPeters]

Spending (consuming) are habits needed for life, in a way it is the same thing with food. you really want to get yourself something nice.

The satistaction though is just momentary. But saving all your money is also wrong, since you need to stimulate certain hormons in yoru body.

Key is to find a right balance to buy what you need and save what you can.

[mixan]

Spending (consuming) are habits needed for life, in a way it is the same thing with food. you really want to get yourself something nice.

The satistaction though is just momentary. But saving all your money is also wrong, since you need to stimulate certain hormons in yoru body.

Key is to find a right balance to buy what you need and save what you can.

That's what it is all about. Find a balance in your spending and your savings.
Spend on what you need and save on what you can. You can't over do on one or the other, it will now work out in the long run.
The satisfaction you mentioned is good but not to a vane standpoint. Finding something nice for yourself, that would seen as a reward to yourself and for what? Only if you did something through hard work do you deserve to reward yourself for a job well done.

[Abiky]

The key to effectively save money is not to spend it on stuff that you really don't need. As long as you have food, clothing, and shelter, those would be the necessary things to live. If you already have something which is working, (such as a smartphone) don't waste your hard earned money on the latest upgrade. Just be happy with what you already have. 

[Sturgeon]

A lot of people when they recieve thier salary the first time they do is

Salary-expensive=SAVE or SAVING
 
What about this formula

Salary-SAVING= expensive
If you use this fomula you can save money.

nice formula, how if the salalry not enought to daily life ?
if i have installment payment (apartement and car ) ?

[FabioDelcatto]

How I save my money. Is just make in excel how much I will spend in a week or month and how much I save.

So me I do 20 dollar a weak and a month just 50 dollar. and for saving 250 dollar.

[Ninjaskills]

The key to effectively save money is not to spend it on stuff that you really don't need. As long as you have food, clothing, and shelter, those would be the necessary things to live. If you already have something which is working, (such as a smartphone) don't waste your hard earned money on the latest upgrade. Just be happy with what you already have. 

man always dissatisfied, they will always spend money on something, they consider good

saving it difficult

[ajun96]

Spending (consuming) are habits needed for life, in a way it is the same thing with food. you really want to get yourself something nice.

The satistaction though is just momentary. But saving all your money is also wrong, since you need to stimulate certain hormons in yoru body.

Key is to find a right balance to buy what you need and save what you can.

yes that is important is the balance, the level of expenditure should be adjusted to the level of income

[Altcoinsupporter]

I've been reading this thread for the last 15 min

Been finding some good advices from all of you And i'll take all this in considiration

I'll think twice about buying unnessecary stuff from now on

It's tempting to buy something you really want but don't really need

[BitsandBites]

When I was 15 years old I was starting working and I had a plan.

That a year I only spend 500 dollar and the rest in my savings.

So now I have alot of money. And I still plannig how much I spend a year because I dont need alot.

This only can happend if you dont have a girlfriend.

[DaddyMonsi]

A lot of people when they recieve thier salary the first time they do is

Salary-expensive=SAVE or SAVING
 
What about this formula

Salary-SAVING= expensive
If you use this fomula you can save money.

that's great formula if your salary is huge enough to take away "Savings" first then whatever is left is for your "Expenses" or daily living allowance not advisable for those who just make both ends meet.