How to save money.

[yoona]

This is my first post. Please do respect

My post intention is to help readers to save their money.

Some of the employee are not saving their money. They spend it on things that they dont need. For example gadgets,buying a concert ticket, accesories, etc.Buying things that not they need is also like a wasting money. Because this thing give a happiness  not a good life. Saving money is just like securing your future because your savings can help you in emergencies. These are the way to save money .
If you are empolyee. You must save atleast 20% of your salary. The 20% of your salary divides into two .


The 1st way : cash reserves- medical insurance, retirement, life insurance  and if you not have salary yet. And emergency. But dont spend all of you 10% in this emergency. You must know if the injury is serious o not before you spend the 10%.
The cash reserves must equal of your 6 months salary this will help you and ensure you becauas of you loss your job you have extra money .

The 2nd way : investment, business- you can invest in some company so that you have a extra income. And you can also built a small business that will always have an income like apartment.

Example. My wage is $ 7.5 per hour and i work for 8 hours and i work for 20 days. So thar my salary is $1,160 . The 20% of $1,160 is $232 .
So that my cash reserves is $ 116 i can spend this money in emergencies and medical insurance.
If my 6 month salary is $6,960 i can stop my saving money in cash reserves.
 

Thank you .

i just think,the best way to save our money is divide it to many purpose,some money save on bank deposito,and some othrs investing to something that have stable price,like bitcoin or gold,and also if you have big amount of money,invest on property i think almost 100% your money is saving.

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[adicted]

Investment is not a good way of saving money imo. Its more like a way of risking your money. Anyway if I were asked how to save money, my answer will be: I won't spend a cent to any items I don't really need, spend less for leisure and buy cheap stuffs. That how I save my money.

[btccashacc]

the easiest way to save your money is alocate at least % 10 of your income, spent only for things what you need not what you want, make sure never put yourself in a position where you are forced to spend it

[umaOuma]

Investment is not a good way of saving money imo. Its more like a way of risking your money. Anyway if I were asked how to save money, my answer will be: I won't spend a cent to any items I don't really need, spend less for leisure and buy cheap stuffs. That how I save my money.

That's good, spending less is the key to save money in a proper way, I have piggy bank at my home whatever possible I just keep on putting into it and open it after say 6 months, and honestly when I look at those savings that make my day, as the amount is much more then my expectations and it take care of my expenses.

[adicted]

Investment is not a good way of saving money imo. Its more like a way of risking your money. Anyway if I were asked how to save money, my answer will be: I won't spend a cent to any items I don't really need, spend less for leisure and buy cheap stuffs. That how I save my money.

That's good, spending less is the key to save money in a proper way, I have piggy bank at my home whatever possible I just keep on putting into it and open it after say 6 months, and honestly when I look at those savings that make my day, as the amount is much more then my expectations and it take care of my expenses.

Yeah piggy banks still don't get old despite of the modern age and still one of the best ideas to save your money securely. I forgot to add that I still also use a piggy bank. I put money to it everyday and I just open it after a year, specifically every New Year. Those savings will be a good start for me every year.

[agustina2]

the easiest way to save your money is alocate at least % 10 of your income, spent only for things what you need not what you want, make sure never put yourself in a position where you are forced to spend it

To achieve that people must prioritize it to themselves to have a portion of their monthly income that will goes to your savings. In this way, you are really sure you are saving money. They must force themselves to do it.

If they succeed they will surprise how much money they save annually.

[jakelyson]

the easiest way to save your money is alocate at least % 10 of your income, spent only for things what you need not what you want, make sure never put yourself in a position where you are forced to spend it

To achieve that people must prioritize it to themselves to have a portion of their monthly income that will goes to your savings. In this way, you are really sure you are saving money. They must force themselves to do it.

If they succeed they will surprise how much money they save annually.

The key here is discipline. Without proper discipline, you cannot follow through your plan. Even if you set to save even just 5% of total income, if you cannot follow thru it year in , year out, its futile. Someone once adviced me to open an account, then distroy the atm. Just keep the account number. Then, automatically transfer your planned saving to that account. You dont have access to it so you cannot withdraw your savings. Then it will build up, there's your savings.

[Altcoinmoney]

Saving money is easy but many people find it difficult to save their money. The key is pay everything you have to pay that month.
The money that have left take around 50% of that and just save that and don't touch it. 

[chaser15]

Saving money is easy but many people find it difficult to save their money. The key is pay everything you have to pay that month.
The money that have left take around 50% of that and just save that and don't touch it. 

Easy is not the right term here when talking about saving the money thing.

Still if you have some nice plan about saving the money, there are still an urgent holes happening while you are on the road of saving your money.

[FabioDelcatto]

Buy bitcoins and you will surely save your money. Buying bitcoins will prevent you from other things.
This will automatically let you save your money and with bitcoin when the price goes up you can sell your bitcoins. So you didn't just saved money but also made more money out of it.  

[chaser15]

Buy bitcoins and you will surely save your money. Buying bitcoins will prevent you from other things.
This will automatically let you save your money and with bitcoin when the price goes up you can sell your bitcoins. So you didn't just saved money but also made more money out of it.  

No. It's not saving but investing. Saving money is the one that you will not spend and will just used it for urgent purposes. But that is a good investment if a person will do such online investment.

[umaOuma]

Buy bitcoins and you will surely save your money. Buying bitcoins will prevent you from other things.
This will automatically let you save your money and with bitcoin when the price goes up you can sell your bitcoins. So you didn't just saved money but also made more money out of it.  

No. It's not saving but investing. Saving money is the one that you will not spend and will just used it for urgent purposes. But that is a good investment if a person will do such online investment.

Investment is good in long run but depends on where you invest and at when you invest, as if product fails in future then you need to go through huge losses.

[n0ne]

Have a scheduled plan and just go following it without other interruptions, if by chance additional expense occurs just make your next months budget schedule to compensate the previous unpredicted expense.

[peta4e]

Have a scheduled plan and just go following it without other interruptions, if by chance additional expense occurs just make your next months budget schedule to compensate the previous unpredicted expense.

Yeah you need to come up with good plan to save your money and you need to follow that plan with great level of honesty and if you does it successfully then you can save a descent amount of money.

[jakelyson]

Saving money is easy but many people find it difficult to save their money. The key is pay everything you have to pay that month.
The money that have left take around 50% of that and just save that and don't touch it. 

I think it is the other way around. If you really want to save, take out your intended amount to save first then keep it somewhere you can't touch it. Whatever is left of your salary, you divide it to your expenses and force yourself to live within that amount. Otherwise, you'll never be able to save at all.

[Olaf]

Buy bitcoins and you will surely save your money. Buying bitcoins will prevent you from other things.
This will automatically let you save your money and with bitcoin when the price goes up you can sell your bitcoins. So you didn't just saved money but also made more money out of it.  

No. It's not saving but investing. Saving money is the one that you will not spend and will just used it for urgent purposes. But that is a good investment if a person will do such online investment.

Investment is good in long run but depends on where you invest and at when you invest, as if product fails in future then you need to go through huge losses.

Most people are unable to take a huge loss.

That means they werent able to invest in the 1st place, since their other main cash flow cant off-set the loss.

The profit of the persons job or business has to exceed their loss if those losses occur.

[draceus]

Saving money is easy but many people find it difficult to save their money. The key is pay everything you have to pay that month.
The money that have left take around 50% of that and just save that and don't touch it. 

Easy is not the right term here when talking about saving the money thing.

Still if you have some nice plan about saving the money, there are still an urgent holes happening while you are on the road of saving your money.

no friend this is not good idea me also thing when we have some money . we can buy bitcoin and when increase bitcoin price and some month after when need money that time . we can sell bitcoin  with good trader  and after profit and some month save money .

[armansolis593]

Saving money is easy but many people find it difficult to save their money. The key is pay everything you have to pay that month.
The money that have left take around 50% of that and just save that and don't touch it. 

Easy is not the right term here when talking about saving the money thing.

Still if you have some nice plan about saving the money, there are still an urgent holes happening while you are on the road of saving your money.

no friend this is not good idea me also thing when we have some money . we can buy bitcoin and when increase bitcoin price and some month after when need money that time . we can sell bitcoin  with good trader  and after profit and some month save money .

Planning how to save money will be good for you,if you dont have any plans and your money is not gaining interest then your money value will be less in the future.

[DeDordtenaar]

any people take this activity they say that the store is easy but it is not as easy as it seems.
you have the desire to buy anything and if you're not good at managing money. you will not be able to save money

[DashCoinDark]

The best thing that you can do to save money is just dont invest all your money in Bitcoin, because if the value is falling down, than you have a big chance that you also can lose some money and that will be not good.
And if you are gambling or something, than you have to play with some small amounts, so you can also save some money.