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Author Topic: How to save money.  (Read 345756 times)
JumperX
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July 22, 2016, 12:30:08 AM
 #2681

The best way is just saving, you should understand that if you wasting your money, your goal will start getting away from you, it's the best motivation i think.
Saving is good but we are trying to find best ways to save money and I think the best and safest way to save money is to keep it in your bank account.
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July 22, 2016, 12:49:14 AM
 #2682

In order to save money you should stay away from HYIPS scams and gambling, you could lost all of your money in short time.
Then save some of your income and use your money for only priority needs, don't waste it on things you don't need to. And make a list of your expenses could help you to know where your money goes.
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July 22, 2016, 02:04:37 AM
 #2683

The best way is just saving, you should understand that if you wasting your money, your goal will start getting away from you, it's the best motivation i think.
Saving is good but we are trying to find best ways to save money and I think the best and safest way to save money is to keep it in your bank account.

agree it, for saving money bank is the best solution, but for invest our money bank is not a good choice we can choose bitcoin or gold or maybe other altcoin
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July 22, 2016, 02:51:06 AM
 #2684

Need to save atleast 20% of salary Go for savings investment plans which deducts a part of salary from your account and gives you good returns in future and will also help in tax benefit purposes..thats the only way to save money who has a fixed amount of income..
this is a valid Idea. but every person can't afford to save 20% of salary every week. lots of people don't even getting that much money that they can feed their family properly. but yes try to save as much as you can because these small savings will help you alot in future.

20% can be quite a lot for some people. For me for example a lot of my income goes to monthly bills, like rent, phone, internet, insurance etc.
On average i try to save at least 10% every month. Sometimes i succeed, but there are times i don't

20% is too high for the average person to safe. Everybody got bills and need money to life.
Only if you have a very good salary you can perhaps safe that amount. On average 10 to max 15% is the max I think
[/quote]
Lol it was his opinion of course he made a calculation that in accordance with their circumstances of life and income. Of course you are free
to formulate how much salary can you save and invest. of course it's up to you and you can formulate the investments according to your ability
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July 22, 2016, 03:36:56 AM
 #2685

Need to save atleast 20% of salary Go for savings investment plans which deducts a part of salary from your account and gives you good returns in future and will also help in tax benefit purposes..thats the only way to save money who has a fixed amount of income..
this is a valid Idea. but every person can't afford to save 20% of salary every week. lots of people don't even getting that much money that they can feed their family properly. but yes try to save as much as you can because these small savings will help you alot in future.

20% can be quite a lot for some people. For me for example a lot of my income goes to monthly bills, like rent, phone, internet, insurance etc.
On average i try to save at least 10% every month. Sometimes i succeed, but there are times i don't

20% is too high for the average person to safe. Everybody got bills and need money to life.
Only if you have a very good salary you can perhaps safe that amount. On average 10 to max 15% is the max I think

Well, I think that 20% is quite reasonable in my opinion, I think I can constantly save that in a monthly basic, I just have to be discipline in saving and cut my expenses to priorities my savings. In a year doing that consistently I could already start my own business in that matter.

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July 22, 2016, 07:28:11 AM
 #2686

Just save a parentage of every money that you earn just put it on the side, this way you will be able to save money.
It is just like holding on to Bitcoin hold on to your money and not spend it.

But what if someone earn some amount of money and his expenditures are much higher that he will unable to save some money from them, that is what the OP want to ask I think, the better answer is that try to adopt some extra work like part time job and save from there

You will still have to stick to your plan of saving that certain percentage of money. Many people always fail to save money because they always allocate their money to expenses first and what is left is put into savings. That strategy will always fail. But if you set aside the money for saving, put it in a bank or somewhere safe and then work on the money you have left. If what left is not enough for your expenses, you should analyze your expenses and remove those that are not important and stick to basic expenses first. Do that until you find a better job or extra income.
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July 22, 2016, 10:01:15 AM
 #2687

Just save a parentage of every money that you earn just put it on the side, this way you will be able to save money.
It is just like holding on to Bitcoin hold on to your money and not spend it.

Everyone knows that is the key to save money if you don't spend all you earn, but it would be far better for someone to save the money and buy bitcoins from what he is saving, in that way he would be earning some extra profit with the time because the price of bitcoin increases with the time.

Yeah saving money in bitcoin is an really great idea as your saving will grow over a period of time as price will be surely higher in future which can give you good profits.
This is repeatedly stated all the time and most probably going to happen  because of a controlled supply we have which will keep on making a new ground price as long as their is a new demand.
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July 22, 2016, 10:17:23 AM
 #2688

One of the best saving strategies is to pay yourself first. What this means is that you designate a certain amount of your paycheque as your pay (how novel) and you pay that money to yourself before you pay your bills or anyone else. This amount can be $25, $100 or maybe 10% of your paycheque. It can be any amount that you decide. The important part is that you pay yourself first rather than last. Most people pay all of the bills first and then save anything that might be left over. For most people, that method of saving doesn’t really work because nothing is left over to save.

If you pay yourself first, then money will get saved because paying yourself is now your first priority. The nice thing about this method is if your budget is a little tight, it forces you to make adjustments elsewhere and your savings continue to grow.

Paying yourself first also makes sense. Why are you going to work everyday anyway? To earn money for someone else? No way. You go to work to earn money for you and your family. That’s why you should pay yourself first—to make sure that your first priority is taken care of: you. It is not likely that anyone else is going to take care of you because they assume that you are taking care of yourself.
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July 22, 2016, 12:16:30 PM
 #2689

One of the best saving strategies is to pay yourself first. What this means is that you designate a certain amount of your paycheque as your pay (how novel) and you pay that money to yourself before you pay your bills or anyone else. This amount can be $25, $100 or maybe 10% of your paycheque. It can be any amount that you decide. The important part is that you pay yourself first rather than last. Most people pay all of the bills first and then save anything that might be left over. For most people, that method of saving doesn’t really work because nothing is left over to save.

If you pay yourself first, then money will get saved because paying yourself is now your first priority. The nice thing about this method is if your budget is a little tight, it forces you to make adjustments elsewhere and your savings continue to grow.

Paying yourself first also makes sense. Why are you going to work everyday anyway? To earn money for someone else? No way. You go to work to earn money for you and your family. That’s why you should pay yourself first—to make sure that your first priority is taken care of: you. It is not likely that anyone else is going to take care of you because they assume that you are taking care of yourself.

That is actually the best way to save money if someone is really serious about it, and if someone's salary is a little high or good enough he can save a good amount everytime he gets his salary, in that way he will not also have to do any adjustments because his salary is enough to cover everything.
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July 22, 2016, 12:20:37 PM
 #2690

One of the best saving strategies is to pay yourself first. What this means is that you designate a certain amount of your paycheque as your pay (how novel) and you pay that money to yourself before you pay your bills or anyone else. This amount can be $25, $100 or maybe 10% of your paycheque. It can be any amount that you decide. The important part is that you pay yourself first rather than last. Most people pay all of the bills first and then save anything that might be left over. For most people, that method of saving doesn’t really work because nothing is left over to save.

If you pay yourself first, then money will get saved because paying yourself is now your first priority. The nice thing about this method is if your budget is a little tight, it forces you to make adjustments elsewhere and your savings continue to grow.

Paying yourself first also makes sense. Why are you going to work everyday anyway? To earn money for someone else? No way. You go to work to earn money for you and your family. That’s why you should pay yourself first—to make sure that your first priority is taken care of: you. It is not likely that anyone else is going to take care of you because they assume that you are taking care of yourself.

That is actually the best way to save money if someone is really serious about it, and if someone's salary is a little high or good enough he can save a good amount everytime he gets his salary, in that way he will not also have to do any adjustments because his salary is enough to cover everything.

If you want to be safe then saving money in fixed deposits is the best thing to do as you also get good interests from it which can be more valuable in future.
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July 22, 2016, 01:08:24 PM
 #2691

One of the best saving strategies is to pay yourself first. What this means is that you designate a certain amount of your paycheque as your pay (how novel) and you pay that money to yourself before you pay your bills or anyone else. This amount can be $25, $100 or maybe 10% of your paycheque. It can be any amount that you decide. The important part is that you pay yourself first rather than last. Most people pay all of the bills first and then save anything that might be left over. For most people, that method of saving doesn’t really work because nothing is left over to save.

If you pay yourself first, then money will get saved because paying yourself is now your first priority. The nice thing about this method is if your budget is a little tight, it forces you to make adjustments elsewhere and your savings continue to grow.

Paying yourself first also makes sense. Why are you going to work everyday anyway? To earn money for someone else? No way. You go to work to earn money for you and your family. That’s why you should pay yourself first—to make sure that your first priority is taken care of: you. It is not likely that anyone else is going to take care of you because they assume that you are taking care of yourself.

That is actually the best way to save money if someone is really serious about it, and if someone's salary is a little high or good enough he can save a good amount everytime he gets his salary, in that way he will not also have to do any adjustments because his salary is enough to cover everything.

If you want to be safe then saving money in fixed deposits is the best thing to do as you also get good interests from it which can be more valuable in future.
I think you are referring to savings in a bank. We should also consider that saving in a bank will only give us the security to safe keep our money but the interest would not suffice. It is still advisable that we need also to invest some from our savings to have a better future ahead of us.

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July 23, 2016, 01:54:11 AM
 #2692

Saving money is not a hard job at all but it still is true that some people have trouble with it, I think that these people spend to much money when they have received money.
You always need to set a max of how much money you can spend per week.
nope I think the store is a difficult thing if the store is a simple matter of course everyone will not have problems in managing their finances and may be able to overcome the problem of waste and spending too much. but you see a lot of people extravagant and buy what they want you to know they are difficult to save money
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July 23, 2016, 01:57:16 AM
 #2693

One of the best saving strategies is to pay yourself first. What this means is that you designate a certain amount of your paycheque as your pay (how novel) and you pay that money to yourself before you pay your bills or anyone else. This amount can be $25, $100 or maybe 10% of your paycheque. It can be any amount that you decide. The important part is that you pay yourself first rather than last. Most people pay all of the bills first and then save anything that might be left over. For most people, that method of saving doesn’t really work because nothing is left over to save.

If you pay yourself first, then money will get saved because paying yourself is now your first priority. The nice thing about this method is if your budget is a little tight, it forces you to make adjustments elsewhere and your savings continue to grow.

Paying yourself first also makes sense. Why are you going to work everyday anyway? To earn money for someone else? No way. You go to work to earn money for you and your family. That’s why you should pay yourself first—to make sure that your first priority is taken care of: you. It is not likely that anyone else is going to take care of you because they assume that you are taking care of yourself.

That is actually the best way to save money if someone is really serious about it, and if someone's salary is a little high or good enough he can save a good amount everytime he gets his salary, in that way he will not also have to do any adjustments because his salary is enough to cover everything.

If you want to be safe then saving money in fixed deposits is the best thing to do as you also get good interests from it which can be more valuable in future.
I think you are referring to savings in a bank. We should also consider that saving in a bank will only give us the security to safe keep our money but the interest would not suffice. It is still advisable that we need also to invest some from our savings to have a better future ahead of us.

That's true investment will help in giving us good profits in future which is not possible with savings but to have good balance I think one should go with both of them.
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July 23, 2016, 03:34:38 AM
 #2694

One of the best saving strategies is to pay yourself first. What this means is that you designate a certain amount of your paycheque as your pay (how novel) and you pay that money to yourself before you pay your bills or anyone else. This amount can be $25, $100 or maybe 10% of your paycheque. It can be any amount that you decide. The important part is that you pay yourself first rather than last. Most people pay all of the bills first and then save anything that might be left over. For most people, that method of saving doesn’t really work because nothing is left over to save.

If you pay yourself first, then money will get saved because paying yourself is now your first priority. The nice thing about this method is if your budget is a little tight, it forces you to make adjustments elsewhere and your savings continue to grow.

Paying yourself first also makes sense. Why are you going to work everyday anyway? To earn money for someone else? No way. You go to work to earn money for you and your family. That’s why you should pay yourself first—to make sure that your first priority is taken care of: you. It is not likely that anyone else is going to take care of you because they assume that you are taking care of yourself.

That is actually the best way to save money if someone is really serious about it, and if someone's salary is a little high or good enough he can save a good amount everytime he gets his salary, in that way he will not also have to do any adjustments because his salary is enough to cover everything.

If you want to be safe then saving money in fixed deposits is the best thing to do as you also get good interests from it which can be more valuable in future.
I think you are referring to savings in a bank. We should also consider that saving in a bank will only give us the security to safe keep our money but the interest would not suffice. It is still advisable that we need also to invest some from our savings to have a better future ahead of us.

That's true investment will help in giving us good profits in future which is not possible with savings but to have good balance I think one should go with both of them.
Savings will take care of your future needs and investment will take care of your future wants. I think that is the way it should be, we invest because we want to live a comfortable life from our profit and part of having a comfortable life is to have a financial freedom that you could do anything you want.

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July 23, 2016, 03:35:32 AM
 #2695

One of the best saving strategies is to pay yourself first. What this means is that you designate a certain amount of your paycheque as your pay (how novel) and you pay that money to yourself before you pay your bills or anyone else. This amount can be $25, $100 or maybe 10% of your paycheque. It can be any amount that you decide. The important part is that you pay yourself first rather than last. Most people pay all of the bills first and then save anything that might be left over. For most people, that method of saving doesn’t really work because nothing is left over to save.

If you pay yourself first, then money will get saved because paying yourself is now your first priority. The nice thing about this method is if your budget is a little tight, it forces you to make adjustments elsewhere and your savings continue to grow.

Paying yourself first also makes sense. Why are you going to work everyday anyway? To earn money for someone else? No way. You go to work to earn money for you and your family. That’s why you should pay yourself first—to make sure that your first priority is taken care of: you. It is not likely that anyone else is going to take care of you because they assume that you are taking care of yourself.

That is actually the best way to save money if someone is really serious about it, and if someone's salary is a little high or good enough he can save a good amount everytime he gets his salary, in that way he will not also have to do any adjustments because his salary is enough to cover everything.

If you want to be safe then saving money in fixed deposits is the best thing to do as you also get good interests from it which can be more valuable in future.
I think you are referring to savings in a bank. We should also consider that saving in a bank will only give us the security to safe keep our money but the interest would not suffice. It is still advisable that we need also to invest some from our savings to have a better future ahead of us.

That's true investment will help in giving us good profits in future which is not possible with savings but to have good balance I think one should go with both of them.

Correct, investment would be a big help on growing on your money rather than on saving it but its not bad to have savings but if youre a wise man get a little part of that savings and invest into something that you know that you can gain profit. So, if youre already gaining profit then you add it into savings just continue  the process then youll succedd on the end.

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July 23, 2016, 04:32:02 AM
 #2696

One of the best saving strategies is to pay yourself first. What this means is that you designate a certain amount of your paycheque as your pay (how novel) and you pay that money to yourself before you pay your bills or anyone else. This amount can be $25, $100 or maybe 10% of your paycheque. It can be any amount that you decide. The important part is that you pay yourself first rather than last. Most people pay all of the bills first and then save anything that might be left over. For most people, that method of saving doesn’t really work because nothing is left over to save.

If you pay yourself first, then money will get saved because paying yourself is now your first priority. The nice thing about this method is if your budget is a little tight, it forces you to make adjustments elsewhere and your savings continue to grow.

Paying yourself first also makes sense. Why are you going to work everyday anyway? To earn money for someone else? No way. You go to work to earn money for you and your family. That’s why you should pay yourself first—to make sure that your first priority is taken care of: you. It is not likely that anyone else is going to take care of you because they assume that you are taking care of yourself.

That is actually the best way to save money if someone is really serious about it, and if someone's salary is a little high or good enough he can save a good amount everytime he gets his salary, in that way he will not also have to do any adjustments because his salary is enough to cover everything.

If you want to be safe then saving money in fixed deposits is the best thing to do as you also get good interests from it which can be more valuable in future.
I think you are referring to savings in a bank. We should also consider that saving in a bank will only give us the security to safe keep our money but the interest would not suffice. It is still advisable that we need also to invest some from our savings to have a better future ahead of us.

That's true investment will help in giving us good profits in future which is not possible with savings but to have good balance I think one should go with both of them.

Correct, investment would be a big help on growing on your money rather than on saving it but its not bad to have savings but if youre a wise man get a little part of that savings and invest into something that you know that you can gain profit. So, if youre already gaining profit then you add it into savings just continue  the process then youll succedd on the end.
Investment can help you achieve your dream and by doing it you should be ambitious enough as that is too risky and you need to prepare yourself if the other way around happens. If one can succeed in saving money, he can also be successful in investing.

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opossum
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July 23, 2016, 05:48:46 AM
 #2697

One of the best saving strategies is to pay yourself first. What this means is that you designate a certain amount of your paycheque as your pay (how novel) and you pay that money to yourself before you pay your bills or anyone else. This amount can be $25, $100 or maybe 10% of your paycheque. It can be any amount that you decide. The important part is that you pay yourself first rather than last. Most people pay all of the bills first and then save anything that might be left over. For most people, that method of saving doesn’t really work because nothing is left over to save.

If you pay yourself first, then money will get saved because paying yourself is now your first priority. The nice thing about this method is if your budget is a little tight, it forces you to make adjustments elsewhere and your savings continue to grow.

Paying yourself first also makes sense. Why are you going to work everyday anyway? To earn money for someone else? No way. You go to work to earn money for you and your family. That’s why you should pay yourself first—to make sure that your first priority is taken care of: you. It is not likely that anyone else is going to take care of you because they assume that you are taking care of yourself.

That is actually the best way to save money if someone is really serious about it, and if someone's salary is a little high or good enough he can save a good amount everytime he gets his salary, in that way he will not also have to do any adjustments because his salary is enough to cover everything.

If you want to be safe then saving money in fixed deposits is the best thing to do as you also get good interests from it which can be more valuable in future.
I think you are referring to savings in a bank. We should also consider that saving in a bank will only give us the security to safe keep our money but the interest would not suffice. It is still advisable that we need also to invest some from our savings to have a better future ahead of us.

That's true investment will help in giving us good profits in future which is not possible with savings but to have good balance I think one should go with both of them.

Correct, investment would be a big help on growing on your money rather than on saving it but its not bad to have savings but if youre a wise man get a little part of that savings and invest into something that you know that you can gain profit. So, if youre already gaining profit then you add it into savings just continue  the process then youll succedd on the end.
Investment can help you achieve your dream and by doing it you should be ambitious enough as that is too risky and you need to prepare yourself if the other way around happens. If one can succeed in saving money, he can also be successful in investing.
There is no  guarantee that you will succeed in investment as its not in your control but for the better future I think we need to take that risk and make sure that you have enough back up if your investment fails.


 
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jakelyson
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July 23, 2016, 05:49:40 AM
 #2698

One of the best saving strategies is to pay yourself first. What this means is that you designate a certain amount of your paycheque as your pay (how novel) and you pay that money to yourself before you pay your bills or anyone else. This amount can be $25, $100 or maybe 10% of your paycheque. It can be any amount that you decide. The important part is that you pay yourself first rather than last. Most people pay all of the bills first and then save anything that might be left over. For most people, that method of saving doesn’t really work because nothing is left over to save.

If you pay yourself first, then money will get saved because paying yourself is now your first priority. The nice thing about this method is if your budget is a little tight, it forces you to make adjustments elsewhere and your savings continue to grow.

Paying yourself first also makes sense. Why are you going to work everyday anyway? To earn money for someone else? No way. You go to work to earn money for you and your family. That’s why you should pay yourself first—to make sure that your first priority is taken care of: you. It is not likely that anyone else is going to take care of you because they assume that you are taking care of yourself.

That is actually the best way to save money if someone is really serious about it, and if someone's salary is a little high or good enough he can save a good amount everytime he gets his salary, in that way he will not also have to do any adjustments because his salary is enough to cover everything.

If you want to be safe then saving money in fixed deposits is the best thing to do as you also get good interests from it which can be more valuable in future.
I think you are referring to savings in a bank. We should also consider that saving in a bank will only give us the security to safe keep our money but the interest would not suffice. It is still advisable that we need also to invest some from our savings to have a better future ahead of us.

That's true investment will help in giving us good profits in future which is not possible with savings but to have good balance I think one should go with both of them.

Correct, investment would be a big help on growing on your money rather than on saving it but its not bad to have savings but if youre a wise man get a little part of that savings and invest into something that you know that you can gain profit. So, if youre already gaining profit then you add it into savings just continue  the process then youll succedd on the end.
Investment can help you achieve your dream and by doing it you should be ambitious enough as that is too risky and you need to prepare yourself if the other way around happens. If one can succeed in saving money, he can also be successful in investing.

There are types of investment that is not too risky. If you are not a type of person that is a risk taker, you can take those types of investment. That includes but not limited to bond funds and balanced funds. Those investments can have a good interest rates that can beat inflation but the risk is just low.
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July 23, 2016, 07:35:12 AM
 #2699

One of the best saving strategies is to pay yourself first. What this means is that you designate a certain amount of your paycheque as your pay (how novel) and you pay that money to yourself before you pay your bills or anyone else. This amount can be $25, $100 or maybe 10% of your paycheque. It can be any amount that you decide. The important part is that you pay yourself first rather than last. Most people pay all of the bills first and then save anything that might be left over. For most people, that method of saving doesn’t really work because nothing is left over to save.

If you pay yourself first, then money will get saved because paying yourself is now your first priority. The nice thing about this method is if your budget is a little tight, it forces you to make adjustments elsewhere and your savings continue to grow.

Paying yourself first also makes sense. Why are you going to work everyday anyway? To earn money for someone else? No way. You go to work to earn money for you and your family. That’s why you should pay yourself first—to make sure that your first priority is taken care of: you. It is not likely that anyone else is going to take care of you because they assume that you are taking care of yourself.

That is actually the best way to save money if someone is really serious about it, and if someone's salary is a little high or good enough he can save a good amount everytime he gets his salary, in that way he will not also have to do any adjustments because his salary is enough to cover everything.

If you want to be safe then saving money in fixed deposits is the best thing to do as you also get good interests from it which can be more valuable in future.
I think you are referring to savings in a bank. We should also consider that saving in a bank will only give us the security to safe keep our money but the interest would not suffice. It is still advisable that we need also to invest some from our savings to have a better future ahead of us.

That's true investment will help in giving us good profits in future which is not possible with savings but to have good balance I think one should go with both of them.

Correct, investment would be a big help on growing on your money rather than on saving it but its not bad to have savings but if youre a wise man get a little part of that savings and invest into something that you know that you can gain profit. So, if youre already gaining profit then you add it into savings just continue  the process then youll succedd on the end.
Investment can help you achieve your dream and by doing it you should be ambitious enough as that is too risky and you need to prepare yourself if the other way around happens. If one can succeed in saving money, he can also be successful in investing.

There are types of investment that is not too risky. If you are not a type of person that is a risk taker, you can take those types of investment. That includes but not limited to bond funds and balanced funds. Those investments can have a good interest rates that can beat inflation but the risk is just low.
You can invest with bonds but you need a decent amount of money to do that. On the other hand, if you have a little amount of income and you are just saving for your future you should always consider also investing and probably not in bonds.

With a little amount of invest you don't need to put in a low risk investment as you earnings will also be lower, try a high risk investment like bitcoin which has a good potential to be huge.

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July 23, 2016, 12:17:20 PM
 #2700

These days every bitcoin user who are having jobs and working offline as well save their money in bitcoin, because they know that bitcoin has the potential to grow even higher in future and because of the growth of bitcoin their savings will grow as well because they have been buying bitcoins from their savings and when the price goes high they will sell them.
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