How to save money.

[Magnr]

Okay, I am wondering how much you earn then. Either less or you are planning a big and expensive wedding 

how much you can save everymonth from your salary ?
10% 20% or  50% ?

i save 30-40% of my salary to My wedding costs 

my compulsory savings is ~$285/month
i think no expensive wedding , my big plan is after wedding
i want to opne small bussines and i save some from my childrens 

Very good plan sir. Wedding these days are becoming very expensive, so a small, inexpensive wedding is all you need. And you definitely should start saving for your children. It will help you and your children in the future.

of course yess
My plan is very long, I want my children better than me, and they get a decent education
therefore I start saving from now

Yeah I see a lot of dad doing this stuff with bitcoins is also nice to do for you when you are going to retire.
Your children will be luck if bitcoin will be worth 5K in 20 years. Lets just hope that it will happen.

Understanding your investment timeframe and risk appetite are also important factors. It sounds like you are already conscious of this but for others new to the field of personal finance, knowing that you are young (if you are), allows you to take greater risks with your investments then if you are older and about to retire. This advice also applies to planning for big events like weddings! (good luck!)

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[Amph]

I think the biggest problem is that you're tempted to go and get that money/BTC out of your bank/wallet to buy something or do something that you know you shouldn't be buying/doing.

If you can overcome that temptation you are definitely going to be a successful saver and perhaps even businessman.

this is more true, the more money you have, it's better to lock a big portion of your money in a way that is not easily retrievable, even for you

in this way ou will avoid wasting money on useless thing, bitcoin is a good way to do this, because with its deflationary nature, you don't have that temptation to spend

[agustina2]

I think the biggest problem is that you're tempted to go and get that money/BTC out of your bank/wallet to buy something or do something that you know you shouldn't be buying/doing.

If you can overcome that temptation you are definitely going to be a successful saver and perhaps even businessman.

this is more true, the more money you have, it's better to lock a big portion of your money in a way that is not easily retrievable, even for you

in this way ou will avoid wasting money on useless thing, bitcoin is a good way to do this, because with its deflationary nature, you don't have that temptation to spend

Ride the temptation so you will know how to overcome it. Without experience of being a so much spender one can't really experience how important saving money is.

[moonshine1212]

Every person has to be different way for to save money ;there is one way for to save money for everybody
It is;dont eat so much dont buy too much clothes and control yourself

[agustina2]

Every person has to be different way for to save money ;there is one way for to save money for everybody
It is;dont eat so much dont buy too much clothes and control yourself

Never blamed eating so much foods. Make them part of your spendings and for saving purposes don't lessen the percentage for it. Much better to minimize your miscellaneuous needs and activities "if you can't afford" it in your current wage.

[jt byte]

Every person has to be different way for to save money ;there is one way for to save money for everybody
It is;dont eat so much dont buy too much clothes and control yourself

Never blamed eating so much foods. Make them part of your spendings and for saving purposes don't lessen the percentage for it. Much better to minimize your miscellaneuous needs and activities "if you can't afford" it in your current wage.

Well if you wan't to spend less money just make a diet every day that you don't need that much calorie or track how much you spend every day so you can control what you spend. For me I am just a table how much I spend and get in the month. So I have planned it everything.

[agustina2]

Every person has to be different way for to save money ;there is one way for to save money for everybody
It is;dont eat so much dont buy too much clothes and control yourself

Never blamed eating so much foods. Make them part of your spendings and for saving purposes don't lessen the percentage for it. Much better to minimize your miscellaneuous needs and activities "if you can't afford" it in your current wage.

Well if you wan't to spend less money just make a diet every day that you don't need that much calorie or track how much you spend every day so you can control what you spend. For me I am just a table how much I spend and get in the month. So I have planned it everything.

In my case, I eat what I want. If Im not satisfied I will continue to eat. I don't want to conserve money for foods because I really needs it. And besides if I don't eat the way I want I will just suffer a so called sickness that will cost me to spend more money than I saved.

[BowYang]

Why do you need to save it? invest it. It is more rewarding than saving it.

[king1982]

Every person has to be different way for to save money ;there is one way for to save money for everybody
It is;dont eat so much dont buy too much clothes and control yourself

Never blamed eating so much foods. Make them part of your spendings and for saving purposes don't lessen the percentage for it. Much better to minimize your miscellaneuous needs and activities "if you can't afford" it in your current wage.

Well if you wan't to spend less money just make a diet every day that you don't need that much calorie or track how much you spend every day so you can control what you spend. For me I am just a table how much I spend and get in the month. So I have planned it everything.

In my case, I eat what I want. If Im not satisfied I will continue to eat. I don't want to conserve money for foods because I really needs it. And besides if I don't eat the way I want I will just suffer a so called sickness that will cost me to spend more money than I saved.

For me it  will not work dont eat ,dont wear and control them ,we will not turn this world again
i think it is not working those ways ,we have to find other way for to save money other way is if you want to save money ,you need to work more

[dragansk1]

Saving money is pretty good thing, not only for medical insurance after or losing job, it is great if you make it routine and do it on every income or every money you want to spend on something. When you first taught to buy something you see the price on the same products on a different place and buy from the cheapest one because it is also one way of saving, there are lots of people that do not look from where and what price they are buying because are rich or do not want to lost time on finding something tottaly the same on other place. If you are wasting money every day on things you do not need you are not value yourself and your work at job, you are wasting not only money you are wasting time. i am not telling that you have to be closed and not spending money on things you wanna try do, i just want to say that you have to spend money only on things you really need and really want in that moment except you are having big income and in that case you do not have to save nothing, but things change quickly and you never know when you can lost your job, so pay attention to this question.

[hero1111]

If we want to save money we can serch  opportunities of aconomy and we can have risk for investment and we can increase our gains

[MF Doom]

make a COMPLETE budget, add in everything (even $8/month netflix subscription), and also start saving NOW for large purchases (car, motorcycle, house repairs).  Even if you only take out $20/paycheck, it can make a huge difference when that adds to $1000+ and you need a new washer/dryer, car, etc.  Helps to stay off credit cards too.

[harizen]

make a COMPLETE budget, add in everything (even $8/month netflix subscription), and also start saving NOW for large purchases (car, motorcycle, house repairs).  Even if you only take out $20/paycheck, it can make a huge difference when that adds to $1000+ and you need a new washer/dryer, car, etc.  Helps to stay off credit cards too.

Every cents count. One of the Chinese businessmen traditional thinking. You can't make 1 million if there's less than a cent. That's why Chinese have a business traditions and beliefs about money making.

[conio.h]

It is nor about the methods or tricks but it is all about decipline. Still whatever you earn you just give it to your father or your best friend and tell him to keep it safe as you are saving up for a certain goal or a surprise which you want to give him or to someone special.

[richardsNY]

It is nor about the methods or tricks but it is all about decipline. Still whatever you earn you just give it to your father or your best friend and tell him to keep it safe as you are saving up for a certain goal or a surprise which you want to give him or to someone special.

I agree that discipline is the most important aspect of saving money. But I am not really a fan of letting some one else hold my money for a certain goal in life. If you have enough discipline and patience and trust in yourself, then you are better off. Also important is that you get rid of impulsive habits.

[dragansk1]

Saving money is pretty good thing, not only for medical insurance after or losing job, it is great if you make it routine and do it on every income or every money you want to spend on something. When you first taught to buy something you see the price on the same products on a different place and buy from the cheapest one because it is also one way of saving, there are lots of people that do not look from where and what price they are buying because are rich or do not want to lost time on finding something tottaly the same on other place. If you are wasting money every day on things you do not need you are not value yourself and your work at job, you are wasting not only money you are wasting time. i am not telling that you have to be closed and not spending money on things you wanna try od do, i just want to say that you have to spend money only on things you really need and really want in that moment except you are having big income and in that case you do not have to save nothing, but things change quickly and you never know when you can lost your job, so pay attention to this question.

[greBit]

Every person has to be different way for to save money ;there is one way for to save money for everybody
It is;dont eat so much dont buy too much clothes and control yourself

Never blamed eating so much foods. Make them part of your spendings and for saving purposes don't lessen the percentage for it. Much better to minimize your miscellaneuous needs and activities "if you can't afford" it in your current wage.

Well if you wan't to spend less money just make a diet every day that you don't need that much calorie or track how much you spend every day so you can control what you spend. For me I am just a table how much I spend and get in the month. So I have planned it everything.

In my case, I eat what I want. If Im not satisfied I will continue to eat. I don't want to conserve money for foods because I really needs it. And besides if I don't eat the way I want I will just suffer a so called sickness that will cost me to spend more money than I saved.

Cutting down the cost while eating is definitely not the best way to save money if you do that it could end up the others way around so start focussing on how to earn more money rather than saving because if you earn more then obviously you will have more money which you could save. I don't know why this question was even posted in Bitcoin forum

[Bitcoinbro]

If you save make sure you safe and invest at the same time.

Meaning, getting some interest is 1 way, but buying some stock funds is with less risk and also gives you more value for your money.

[Oscoda]

Every day put all of your loose change into a jar. Every once in a while deposit the money in your savings account. In time the money will grow into a little nest egg. Try to set aside a certain amount of money each month or each paycheque for your savings. People have been doing this for years, but it takes discipline.

[LuckyYOU]

If you save make sure you safe and invest at the same time.

Meaning, getting some interest is 1 way, but buying some stock funds is with less risk and also gives you more value for your money.

I like that. But what i like more is saving money. So OP monitor your spending habits and try to buy products cheaper, the money you save you invest.
Good investments are;
Gold
Real Estate
Stocks/Warrants
Bitcoin
Children

The last one come with a quite large initial investment though..