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Author Topic: How to save money.  (Read 345756 times)
sishendaoye
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June 28, 2016, 08:18:01 AM
 #2481

When it comes to saving money you should always check your income and your outcome, things that you will have to pay like bills and food and stuff.
You will always hold some money that you are able to spend how you like. Put some money on the side of this, if you do that saving becomes easy.
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June 28, 2016, 08:50:51 AM
 #2482

For me Saving your money in BTC doesn't necessarily means it's safer than placing it in banks. Banks offer insurance on your money up to a certain amount. With BTC, being decentralized, you are your own bank and you should be responsible in safeguarding your money and your transactions.
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June 28, 2016, 09:14:46 AM
 #2483

for saving money ..firstly you sholud to not spend money extra ....money spend only where necessary...or need .. then you can save money....

which is better invest at bitcoin or saving in fiat? or buyng new gpu for mining altcoin Huh
now im confused, i spend arround $1500 to build ethereum mining, i can earn arround 0.8-1 eth perday, now i prepare to buy new power supply, but i confused must i sell my bitcoin to buying nw vga ?
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June 28, 2016, 09:23:23 AM
 #2484

When it comes to saving money you should always check your income and your outcome, things that you will have to pay like bills and food and stuff.
You will always hold some money that you are able to spend how you like. Put some money on the side of this, if you do that saving becomes easy.
it is quiet good to make a budget at first.
then plan on saving money and decide on your priorities, then watch your savings grow.
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June 28, 2016, 10:43:18 AM
 #2485

My first advice would be to make an excel sheet with all your income and outcome
Note how much you spent and deduct it from your income. At the end of the moment see which cost were not needed.

Excel sheets are great for learning how much you actually make and spend weekly/monthly but do not rely on the extra income only set your base from guaranteed weekly/monthly income so you know that's what you're automatically getting then subtracting everything you do for that week/month even if it is not a guaranteed thing that you're going to do constantly.
i think sheets wouldnt help a lot too because if you make the income and payments table it will definitely not allow you to save, it will just show where you spend money

i think the best way to save your money is to just not do any gambling and protect your bitcoins in a cold storage and thats it, there are no other ways to do that i think

It's not for helping purposes. He stated that for monitoring. Like I said in my previous post above your post, it's just fine if person are comfortable with kind of method or strategy to monitor their expenses and savings.
The real success in savings starts with us, regardless of how many good method and excel sheets you have but with lack of implementation you cannot achieve your goal, that is the first phase in having a safe life in the future because you don't hold the future and emergencies may happen.

A big lol on your post. Of course that is the real score in saving the money. It's not stated that excel will help you to save money. Like I said it's just for monitoring by the other person and they find it good if they are using it. And also it's not "mandatory". You know the meaning of mandatory? There are just people who like to use it. Whew simple statement you can't understand.

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bitcoinci.com
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June 28, 2016, 10:52:00 AM
 #2486

if you buy you will save and earn money for long time period
umaOuma
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June 28, 2016, 11:22:27 AM
 #2487

Saving should be the first priority of an individual as it will take care of you in crisis, either save in banks or you can even save your money at your home, save certain percentage of salary on regular basis.
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June 29, 2016, 04:34:14 AM
 #2488

Saving money is not only possible, it's imperative that you save when your discretionary money are limited.

"When your budget is tight, one random expense has a huge impact because it's harder to come up with the money.

Finding a way to start saving money so that unexpected expenses aren't so devastating may not be easy. But shifting your thought patterns can yield long-term results.

"Being a 'saver' as opposed to a 'spender' is a mindset that may not be natural to most people,". "However, it can be developed through practice."

Here are some ways to save money when money is tight.

Shop smarter
keep the change
Pay yourself first
Save with purpose
Stop using credit cards
Create a budget list.

omegaaf
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June 29, 2016, 04:36:53 AM
 #2489

Buy bitcoin and hold bitcoin and never spend any and that's saving money.
Schuyler
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June 29, 2016, 04:48:07 AM
 #2490

Saving money is not only possible, it's imperative that you save when your discretionary money are limited.

"When your budget is tight, one random expense has a huge impact because it's harder to come up with the money.

Finding a way to start saving money so that unexpected expenses aren't so devastating may not be easy. But shifting your thought patterns can yield long-term results.

"Being a 'saver' as opposed to a 'spender' is a mindset that may not be natural to most people,". "However, it can be developed through practice."

Here are some ways to save money when money is tight.

Shop smarter
keep the change
Pay yourself first
Save with purpose
Stop using credit cards
Create a budget list.


These are very good advices which most people neglect or do not take seriously. Small expenses when added up can really be big in the long run, for example, a pack of cigarette a day. Multiply that by 365 days and you would be surprised how much you are spending on things that are unnecessary.
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June 29, 2016, 04:53:36 AM
 #2491

Saving money is not only possible, it's imperative that you save when your discretionary money are limited.

"When your budget is tight, one random expense has a huge impact because it's harder to come up with the money.

Finding a way to start saving money so that unexpected expenses aren't so devastating may not be easy. But shifting your thought patterns can yield long-term results.

"Being a 'saver' as opposed to a 'spender' is a mindset that may not be natural to most people,". "However, it can be developed through practice."

Here are some ways to save money when money is tight.

Shop smarter
keep the change
Pay yourself first
Save with purpose
Stop using credit cards
Create a budget list.


These are very good advices which most people neglect or do not take seriously. Small expenses when added up can really be big in the long run, for example, a pack of cigarette a day. Multiply that by 365 days and you would be surprised how much you are spending on things that are unnecessary.
Well the best way to save a lot of money is to simply stop doing most of the things you do, use as little electricity as possible, use as little water as possible, drive as much as possible and find any way to cut whatever other costs may exist.

Drinking money is especially a big thing for a fair number of people. When they stop going out to drink with their friends and so they can save a lot of money, and if someone never starts drinking, they can save tens of thousands of dollars.
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June 29, 2016, 05:07:02 AM
 #2492

Buy bitcoin and hold bitcoin and never spend any and that's saving money.
Yeah well invested is equal to saving your money and re-investing can be the money doubler simply Smiley its always good to hold some bitcoin and start investing in some casinos or some website projects Cheesy
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June 29, 2016, 05:11:03 AM
 #2493

Saving should be the first priority of an individual as it will take care of you in crisis, either save in banks or you can even save your money at your home, save certain percentage of salary on regular basis.
Definitely, savings can help us in times of emergency, when you are earning regularly you need to prioritize saving a certain portion from your income on a monthly basis, to be safe put it in a bank as it is subject for insurance, and if you feel that you have save a lot already, just invest a little amount with bitcoins also.

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June 29, 2016, 07:27:31 AM
 #2494

Need to understand how much you can get and how much you can waste on choosed by you timeline, and also you should try to save some money everytime when you get your salary or something else.
Well you can earn by different ways like signature, surveys, etc but saving that money is important and I know some people who earn a lot of money but they gamble too much and loose all. I think lock your money maybe can help to save bitcoins.
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June 29, 2016, 09:38:36 AM
 #2495

Buy bitcoin and hold bitcoin and never spend any and that's saving money.
Yeah technically that is saving money but only if you are able to make your money back buy selling them.
If the price is under what you bought for and you have to sell then you just saved and bought for no reason.
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June 29, 2016, 06:01:36 PM
 #2496

My first advice would be to make an excel sheet with all your income and outcome
Note how much you spent and deduct it from your income. At the end of the moment see which cost were not needed.

Excel sheets are great for learning how much you actually make and spend weekly/monthly but do not rely on the extra income only set your base from guaranteed weekly/monthly income so you know that's what you're automatically getting then subtracting everything you do for that week/month even if it is not a guaranteed thing that you're going to do constantly.
Yes this way you can easily calculate how much you are actually loosing with your rubbish hobbies like gambling and others. Yes this is surely a superb idea and this is very very useful to me, thanks man !

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June 29, 2016, 07:02:22 PM
 #2497

Saving should be the first priority of an individual as it will take care of you in crisis, either save in banks or you can even save your money at your home, save certain percentage of salary on regular basis.

Well yes and really a must thing to do.

Saving money is not always for seeking profits (in terms of saving bitcoin). It purpose is to take care of our financial needs when we need it most. We are disregarding the inflation since even it moves its value by lower or higher, still we can have the benefits of our saved money.
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June 29, 2016, 07:11:41 PM
 #2498

Saving should be the first priority of an individual as it will take care of you in crisis, either save in banks or you can even save your money at your home, save certain percentage of salary on regular basis.
Definitely, savings can help us in times of emergency, when you are earning regularly you need to prioritize saving a certain portion from your income on a monthly basis, to be safe put it in a bank as it is subject for insurance, and if you feel that you have save a lot already, just invest a little amount with bitcoins also.

Theres a certain point one has to make a decisions of where their main principal balance goes into.

Or just having cash around and let it do nothing - so saving money can come from just protecting each years inflation by puttig into gold.

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June 29, 2016, 07:18:09 PM
 #2499

Need to think first how much money you can waste on your needs without any problems and than you should work with this plan everytime.

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June 30, 2016, 05:51:06 AM
 #2500

Need to think first how much money you can waste on your needs without any problems and than you should work with this plan everytime.
Of course because in life, it is not all about saving money, we should also spend in order to enjoy our stay in this world. But as a person, we need to spend only those things that would give us happiness and that happiness should not destroy our life in the future, spend for leisure, even gambling but controlled gambling.
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