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Author Topic: How to save money.  (Read 345756 times)
WhatTheGox
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April 19, 2016, 07:16:14 PM
 #2001

Minimum outlay and maximum gain is key.
Look at what you spend your money on currently.... I mean really look. Write everything down. Everything! and go over it with a fine tooth comb at the end of the month.
Treat it like a fat girl would a diet. (I am not being derogatory here, I AM that fat girl, lol) Look at everything you could buy and say do I need this or do I want this. If it is a need go away sleep on it and buy it tomorrow. If it is a want - well tough, I want chocolate for breakfast and I can't have that either  Grin
Hopefully come the end of the month you have an amount you wouldn't have before. No invest it wisely. Diversify, whether that's BC, Gold/Silver or stocks whatever, doesn't matter just don't plan on investing in only one thing. Oh and in 6 months look at it all again and go 'really, do i really need that'.... if no sell it/get rid of it.

I dumped my TV (no sky fees, no TV license, no brainlessly sitting wasting my evening) best decision ever. That one instant saving has helped me develop my way forward. If i can get through life without a TV (once would have made me feel like losing a limb) then what else can I live without?

Go on.... try it!
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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April 19, 2016, 08:46:22 PM
 #2002

To save money needs careful planning on every expenses that you have,writing all the necessary details on all your expenses monthly and dont waste your salary towards unneeded things will help you save money.

Try to multiply your income and try to deduct your expenses, I know it sounds weird but if you follow this you will surely save a descent amount of money in long run.

Yes and stop spending in unwanted things which are not important, just try to stick on your basics and do not invest in any ponzi to multiply your money in quick time.
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April 19, 2016, 09:20:00 PM
 #2003

I am trying to save my money into bitcoin on regular basis as if everything goes fine in future then my savings will grow in the best possible way.
Genius idea! We all are doing the same in the case of bitcoin , and it is sure that in the future everything will be the same and we will see our money increase with the price of bitcoin increase as a result of halving.
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April 19, 2016, 10:32:18 PM
 #2004

I am trying to save my money into bitcoin on regular basis as if everything goes fine in future then my savings will grow in the best possible way.
Genius idea! We all are doing the same in the case of bitcoin , and it is sure that in the future everything will be the same and we will see our money increase with the price of bitcoin increase as a result of halving.


Well its not only saving but bitcoin is also taking care of us as an investment, as if price goes higher in future we can get best returns on our savings and investments too.
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April 19, 2016, 10:40:22 PM
 #2005

I am trying to save my money into bitcoin on regular basis as if everything goes fine in future then my savings will grow in the best possible way.
I'll tell you one thing that saves money in bitcoin allow your money to be reduced? so it is not recommended if you're not up to it. but you also have an advantage when bitcoin prices rose? surely you will benefit if you sell your bitcoin. would be very nice if we buy needs with bitcoin. certainly save bitcoin will be very useful
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April 19, 2016, 10:42:43 PM
 #2006

To save money needs careful planning on every expenses that you have,writing all the necessary details on all your expenses monthly and dont waste your salary towards unneeded things will help you save money.

Try to multiply your income and try to deduct your expenses, I know it sounds weird but if you follow this you will surely save a descent amount of money in long run.

Yes and stop spending in unwanted things which are not important, just try to stick on your basics and do not invest in any ponzi to multiply your money in quick time.

Harder to do with most people.

Most usually are in debt because they usually buy things they dont need, then tend to forget. I know several friends like this, and I ask them why they have "this" and they be like "oh, I was looking for that".

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April 21, 2016, 08:46:02 PM
 #2007

I am trying to save my money into bitcoin on regular basis as if everything goes fine in future then my savings will grow in the best possible way.
You are doing saving money by investment but a better solution can be investing some percentage of your money in bitcoin and not all of it.

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Blackmet
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April 22, 2016, 03:46:05 AM
 #2008

Don't waste it on useless things and also need to try earn more than u speding on useful and needed things. The best way it patience and power of will.

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April 22, 2016, 03:54:14 AM
 #2009

I am trying to save my money into bitcoin on regular basis as if everything goes fine in future then my savings will grow in the best possible way.
You are doing saving money by investment but a better solution can be investing some percentage of your money in bitcoin and not all of it.
It all comes down to how much risk he is willing to take.

In a way investing in Bitcoin now is a good choice, because it has good prospects for the future, but at the same time it might not be the best choice because we might be going back into a slump. Not saying it is going down all the way, but the average is slipping a bit.
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April 22, 2016, 04:41:28 AM
 #2010

I am trying to save my money into bitcoin on regular basis as if everything goes fine in future then my savings will grow in the best possible way.
You are doing saving money by investment but a better solution can be investing some percentage of your money in bitcoin and not all of it.
It all comes down to how much risk he is willing to take.

In a way investing in Bitcoin now is a good choice, because it has good prospects for the future, but at the same time it might not be the best choice because we might be going back into a slump. Not saying it is going down all the way, but the average is slipping a bit.

everything we do in life need risk taking, and it becomes more special when it comes to investment. if you don't want to take risks then you will never get anywhere.
but the risk you take should be a calculated risk not just gambling with the investment and hope for the best.

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April 22, 2016, 06:32:19 AM
 #2011

I am trying to save my money into bitcoin on regular basis as if everything goes fine in future then my savings will grow in the best possible way.
You are doing saving money by investment but a better solution can be investing some percentage of your money in bitcoin and not all of it.
It all comes down to how much risk he is willing to take.

In a way investing in Bitcoin now is a good choice, because it has good prospects for the future, but at the same time it might not be the best choice because we might be going back into a slump. Not saying it is going down all the way, but the average is slipping a bit.

I think saving this way is still a reliable option.
I dont see bitcoin fall so much. IMO Its work the risk.

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April 22, 2016, 10:05:10 AM
 #2012

I am trying to save my money into bitcoin on regular basis as if everything goes fine in future then my savings will grow in the best possible way.
You are doing saving money by investment but a better solution can be investing some percentage of your money in bitcoin and not all of it.
It all comes down to how much risk he is willing to take.

In a way investing in Bitcoin now is a good choice, because it has good prospects for the future, but at the same time it might not be the best choice because we might be going back into a slump. Not saying it is going down all the way, but the average is slipping a bit.

everything we do in life need risk taking, and it becomes more special when it comes to investment. if you don't want to take risks then you will never get anywhere.
but the risk you take should be a calculated risk not just gambling with the investment and hope for the best.

And without risk we can't improved ourselves in handling every investment we will entered. Of course choose the investment with reasonable risk rather than choosing investment with an obvious risk.
AlexBits
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April 22, 2016, 10:59:08 AM
 #2013

I am trying to save my money into bitcoin on regular basis as if everything goes fine in future then my savings will grow in the best possible way.
You are doing saving money by investment but a better solution can be investing some percentage of your money in bitcoin and not all of it.
It all comes down to how much risk he is willing to take.

In a way investing in Bitcoin now is a good choice, because it has good prospects for the future, but at the same time it might not be the best choice because we might be going back into a slump. Not saying it is going down all the way, but the average is slipping a bit.

everything we do in life need risk taking, and it becomes more special when it comes to investment. if you don't want to take risks then you will never get anywhere.
but the risk you take should be a calculated risk not just gambling with the investment and hope for the best.

And without risk we can't improved ourselves in handling every investment we will entered. Of course choose the investment with reasonable risk rather than choosing investment with an obvious risk.

So that's why it is important to diversify your investment, alas to diversify your risk. Saving all would not make sense because the the interest rate is very low, with inflation your money will be worth less then you began with...
jamesl22
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April 22, 2016, 11:08:07 AM
 #2014

I am trying to save my money into bitcoin on regular basis as if everything goes fine in future then my savings will grow in the best possible way.
You are doing saving money by investment but a better solution can be investing some percentage of your money in bitcoin and not all of it.
It all comes down to how much risk he is willing to take.

In a way investing in Bitcoin now is a good choice, because it has good prospects for the future, but at the same time it might not be the best choice because we might be going back into a slump. Not saying it is going down all the way, but the average is slipping a bit.

everything we do in life need risk taking, and it becomes more special when it comes to investment. if you don't want to take risks then you will never get anywhere.
but the risk you take should be a calculated risk not just gambling with the investment and hope for the best.

And without risk we can't improved ourselves in handling every investment we will entered. Of course choose the investment with reasonable risk rather than choosing investment with an obvious risk.

So that's why it is important to diversify your investment, alas to diversify your risk. Saving all would not make sense because the the interest rate is very low, with inflation your money will be worth less then you began with...

Savings will give you returns in peanuts as you also need to keep in mind the inflation rate of the future, its always recommended to invest your some money in multiple products.
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April 22, 2016, 12:32:29 PM
 #2015

I am trying to save my money into bitcoin on regular basis as if everything goes fine in future then my savings will grow in the best possible way.
You are doing saving money by investment but a better solution can be investing some percentage of your money in bitcoin and not all of it.
It all comes down to how much risk he is willing to take.

In a way investing in Bitcoin now is a good choice, because it has good prospects for the future, but at the same time it might not be the best choice because we might be going back into a slump. Not saying it is going down all the way, but the average is slipping a bit.

everything we do in life need risk taking, and it becomes more special when it comes to investment. if you don't want to take risks then you will never get anywhere.
but the risk you take should be a calculated risk not just gambling with the investment and hope for the best.

And without risk we can't improved ourselves in handling every investment we will entered. Of course choose the investment with reasonable risk rather than choosing investment with an obvious risk.

So that's why it is important to diversify your investment, alas to diversify your risk. Saving all would not make sense because the the interest rate is very low, with inflation your money will be worth less then you began with...

Savings will give you returns in peanuts as you also need to keep in mind the inflation rate of the future, its always recommended to invest your some money in multiple products.
I think it would better benefit little or peanuts. rather than investing in risky and only count against you.
I'm not too willing to take risks so I prefer to keep

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April 22, 2016, 12:33:58 PM
 #2016


Savings will give you returns in peanuts as you also need to keep in mind the inflation rate of the future, its always recommended to invest your some money in multiple products.

You are right here but in the first place why allow your savings to be like that. There's no instant downfall so we can still plan on how to execute our saving to be on multiple aspects.

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April 22, 2016, 12:42:41 PM
 #2017

Reduce unwanted expenses and try to postponed those expenses to the next month, that will allow you to save money in best possible way.
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April 22, 2016, 01:57:26 PM
 #2018

I am trying to save my money into bitcoin on regular basis as if everything goes fine in future then my savings will grow in the best possible way.

If your plan is to save your money in terms of Bitcoin, then keep on using all your hard earned bitcoin. I think there are better methods to save those bitcoin with highly secure mobile applications.
Yes he have to search for and have to apply some secure means , in order to keep secure his coins from the hackers, otherwise everything will be the same but his coins will be in the hands of some other person.
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April 22, 2016, 02:55:13 PM
 #2019

Try reducing the amount of food you are eating. Most people are kind of fat right now so I'm assuming so are you.

Overeating actually leads to overspending. Roll Eyes And also instead of buying foods in a fastfood resto or smth, try cooking your own food. It's fun and at the same time its cheaper

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co5hike
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April 22, 2016, 02:58:04 PM
 #2020

I am trying to save my money into bitcoin on regular basis as if everything goes fine in future then my savings will grow in the best possible way.

If your plan is to save your money in terms of Bitcoin, then keep on using all your hard earned bitcoin. I think there are better methods to save those bitcoin with highly secure mobile applications.
Yes he have to search for and have to apply some secure means , in order to keep secure his coins from the hackers, otherwise everything will be the same but his coins will be in the hands of some other person.

Its not that easy to hack someone's coins from his wallet, I think that is impossible and keeping some money in bitcoin is always good thing to do.
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