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Author Topic: How to save money.  (Read 345756 times)
sempak
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July 03, 2016, 10:43:05 AM
 #2541

I think if you just want to save money then the bank is the ultimate choice. but it was all unprofitable. if you want a profitable investment in the world then choose bitcoin, believe it is very profitable.

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July 03, 2016, 11:13:00 AM
 #2542

I think if you just want to save money then the bank is the ultimate choice. but it was all unprofitable. if you want a profitable investment in the world then choose bitcoin, believe it is very profitable.
Exactly, bank is the best option because our money is secured and protected, bitcoin is not savings because it is investing. For some people who save in their wallet in the blockchain, you have to make sure that it is not all your savings in life.

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goldcoinminer
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July 03, 2016, 01:16:07 PM
 #2543

I think if you just want to save money then the bank is the ultimate choice. but it was all unprofitable. if you want a profitable investment in the world then choose bitcoin, believe it is very profitable.
Exactly, bank is the best option because our money is secured and protected, bitcoin is not savings because it is investing. For some people who save in their wallet in the blockchain, you have to make sure that it is not all your savings in life.
But do not trust bank with all your savings because you will not see your money grow, put an investment not necessarily in the bitcoin but base on your passion and what you like to do in life.
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July 03, 2016, 09:45:05 PM
 #2544

I think if you just want to save money then the bank is the ultimate choice. but it was all unprofitable. if you want a profitable investment in the world then choose bitcoin, believe it is very profitable.
Exactly, bank is the best option because our money is secured and protected, bitcoin is not savings because it is investing. For some people who save in their wallet in the blockchain, you have to make sure that it is not all your savings in life.

Banks  are better to save your money as it gives you an assurance that your money is safe with them and it will also pay you interests annually.
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July 03, 2016, 10:58:49 PM
 #2545

The best way to save your money is just have power of will, it will help you not to spend your money on useless purchases and other stuff. Everything depends on you guys.

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July 04, 2016, 05:36:04 AM
 #2546

The best way to save your money is just have power of will, it will help you not to spend your money on useless purchases and other stuff. Everything depends on you guys.
That is what you called discipline, when you have that it would be easy for your to achieve your goals in saving money. As a discipline person, you know how to prioritize things and you will sacrifice your wants and focus on your needs more.
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July 04, 2016, 11:55:12 AM
 #2547

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 .
How to save money is a hard question indeed.
My opinion is that there is no sense in going to job lets say 8 hours a day and put some money at bank account every month from yourr salaray (remember the living cost)
I would prefer doing that but not into bank account and just holding it on some low % fund till i get like 20-30k $.
Then we can go higher profit,20-30k $ is enough to get money fast
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July 04, 2016, 12:27:56 PM
 #2548

The best way to save your money is just have power of will, it will help you not to spend your money on useless purchases and other stuff. Everything depends on you guys.
That is what you called discipline, when you have that it would be easy for your to achieve your goals in saving money. As a discipline person, you know how to prioritize things and you will sacrifice your wants and focus on your needs more.
maybe if you live modestly, I think you can save money, and do not always buy goods that are not useful.
because to be honest I am also a simple life and it really helped me to save the financial.
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July 04, 2016, 05:27:54 PM
 #2549

The best way to save your money is just have power of will, it will help you not to spend your money on useless purchases and other stuff. Everything depends on you guys.
That is what you called discipline, when you have that it would be easy for your to achieve your goals in saving money. As a discipline person, you know how to prioritize things and you will sacrifice your wants and focus on your needs more.
maybe if you live modestly, I think you can save money, and do not always buy goods that are not useful.
because to be honest I am also a simple life and it really helped me to save the financial.
I agree living a simple life and notbuying stuff that you want can greatly save your money.  BAsically wants are not needs. And that want really can cost you too much.  another approach is by saving money before alloting  your budget for the whole month, if you intend to save 10% keep it first (deduct it from monthly alloted budget) then use the rest for the whole month budget.

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July 05, 2016, 08:08:32 AM
 #2550

The best way to save your money is just have power of will, it will help you not to spend your money on useless purchases and other stuff. Everything depends on you guys.
That is what you called discipline, when you have that it would be easy for your to achieve your goals in saving money. As a discipline person, you know how to prioritize things and you will sacrifice your wants and focus on your needs more.
Actually there are many ways to save money. Buying only of things that are necessities is one way. Buying unnecessary things not only slashes your budget but also creates clutter in your house. Remember that the money you saved is the money you earned.
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July 05, 2016, 08:54:59 AM
 #2551

The strategy of saving money is not that hard to understand but actually saving money that is allot harder then most people are thinking.
Saving money also depends on how much money you are making, some people that do not make that much money do not save at all because they think it is useless.
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July 05, 2016, 07:13:11 PM
 #2552

The strategy of saving money is not that hard to understand but actually saving money that is allot harder then most people are thinking.
Saving money also depends on how much money you are making, some people that do not make that much money do not save at all because they think it is useless.

Exactly as it goes when saving a money. Fixed earnings sometimes just fit to those fixed spendings. If people can maximize all source of their income and managed well those extra earnings they can put a little to their savings and eventually they will noticed that it's increasing as time passes by.

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goldcoinminer
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July 06, 2016, 02:38:53 AM
 #2553

The strategy of saving money is not that hard to understand but actually saving money that is allot harder then most people are thinking.
Saving money also depends on how much money you are making, some people that do not make that much money do not save at all because they think it is useless.

Exactly as it goes when saving a money. Fixed earnings sometimes just fit to those fixed spendings. If people can maximize all source of their income and managed well those extra earnings they can put a little to their savings and eventually they will noticed that it's increasing as time passes by.
The best strategy to save is not just thinking of your savings all the time, you need to convince your self that you are doing in compulsory not voluntarily. It's my method and it's working on me.
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July 06, 2016, 05:59:17 AM
 #2554

For saving money you should to spend money for genuine requriement.. then you can sva money
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July 06, 2016, 03:43:07 PM
 #2555

The best way to save your money is just have power of will, it will help you not to spend your money on useless purchases and other stuff. Everything depends on you guys.
That is what you called discipline, when you have that it would be easy for your to achieve your goals in saving money. As a discipline person, you know how to prioritize things and you will sacrifice your wants and focus on your needs more.
maybe if you live modestly, I think you can save money, and do not always buy goods that are not useful.
because to be honest I am also a simple life and it really helped me to save the financial.
U work in my real-life,8 hours a day.
I can live only out of it,but i wouldn't be happy at all.
That's why i make money on bitcoin,i do it smart.I save 45% of the weekly profit,45% i invest to get my profit bigger,and 10% i use to have some relax.
usually i payout a lot every month to get my life more interesting,im not a person who can save for a long time to get it out all many years later.
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July 06, 2016, 04:03:24 PM
 #2556

For saving money you should to spend money for genuine requriement.. then you can sva money

Yeah to save money one should spend it wisely, like buying only those that is your need and not your want.  Often times what we want cost more then what we need and that result to overspending.  There is no harm in being thrifty too.  You can set aside 10% of your monthly salary then spend the other to your need.  You will notice, doing that for a long time can buy you a house Cheesy

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universe_
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July 06, 2016, 04:17:08 PM
 #2557

For saving money you should to spend money for genuine requriement.. then you can sva money
i doubt it is better so spend your money in order to save it because it sounds a bit crazy i think, i just put my bitcoins into a cold storage and that is it to be honest, i hope that will work

 
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escrowboy
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July 06, 2016, 04:27:38 PM
 #2558

The best way to save your money is just have power of will, it will help you not to spend your money on useless purchases and other stuff. Everything depends on you guys.
That is what you called discipline, when you have that it would be easy for your to achieve your goals in saving money. As a discipline person, you know how to prioritize things and you will sacrifice your wants and focus on your needs more.
maybe if you live modestly, I think you can save money, and do not always buy goods that are not useful.
because to be honest I am also a simple life and it really helped me to save the financial.
U work in my real-life,8 hours a day.
I can live only out of it,but i wouldn't be happy at all.
That's why i make money on bitcoin,i do it smart.I save 45% of the weekly profit,45% i invest to get my profit bigger,and 10% i use to have some relax.
usually i payout a lot every month to get my life more interesting,im not a person who can save for a long time to get it out all many years later.
Good way to split ways of how you spend it. Just want to ask what kind of investment you are doing? Are you doing it in real life or just investing here online on whatever site you that give a good ROI?
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July 06, 2016, 11:02:59 PM
 #2559

Good point, not saving money is not a good idea. Even though you have a decent job, you'll need to save money for emergencies. Also, spending you money in buying such a trash stuffs like gadgets, clothers and etc. is not a good idea also, maybe you can buy some but not much. Investing is recommended because it will not just save you money from being spent and it will give you a small profit and in time, you can start your own business from your earnings.
yes some people will feel their lives comfortable when they have some money. investment is the right choice, I invest my money in gold. I believe gold investment is the safest investments today.
lessons I can from getting a larger salary but I do not have a plan to save is the bigger your salary the cost of living that you spend will be greater. it really happened to me. the higher your salary then you will be more likely to spend this is a fact. I think even if you have a high salary you must have a plan to save money
hermanhs09
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July 07, 2016, 12:02:14 AM
 #2560

Good point, not saving money is not a good idea. Even though you have a decent job, you'll need to save money for emergencies. Also, spending you money in buying such a trash stuffs like gadgets, clothers and etc. is not a good idea also, maybe you can buy some but not much. Investing is recommended because it will not just save you money from being spent and it will give you a small profit and in time, you can start your own business from your earnings.
yes some people will feel their lives comfortable when they have some money. investment is the right choice, I invest my money in gold. I believe gold investment is the safest investments today.
lessons I can from getting a larger salary but I do not have a plan to save is the bigger your salary the cost of living that you spend will be greater. it really happened to me. the higher your salary then you will be more likely to spend this is a fact. I think even if you have a high salary you must have a plan to save money

the best plan is not to put all your egg's in one basket,for example if you are working in your real life and you are save some every month,never invest it all.
Better plan would be take lets say 30-35 % of your monthly saving and investing it,and the rest you got just deposit into bank account or wallet.
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