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Author Topic: How to save money.  (Read 345756 times)
jonesT
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September 14, 2016, 02:21:14 AM
 #3261

Very difficult to save any amount of money these days. You always want to make the right decision with what you do with it so having it or anything that has value to it just sitting idle bothers people to the point of wanting to spend it to make it work for them.

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September 14, 2016, 03:48:12 AM
 #3262

It is easy to save money what you need to do is make a list of the things that you really need to buy and don't include the things that you want. Settling up your wants and needs is going to be important and you must prioritize first your needs for it. And once you are going to spend your money with it you are going to properly save money.

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September 14, 2016, 05:23:46 AM
 #3263

You must first get rid of unnecessary expenses, obviously. If you can not control spending, make an effort to change habits or ask someone you trust to help you.
That's the best advice really,you have to cut your expenses otherwise it's likely you won't be able to save BTC.

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September 14, 2016, 05:46:17 AM
 #3264

It is easy to save money what you need to do is make a list of the things that you really need to buy and don't include the things that you want. Settling up your wants and needs is going to be important and you must prioritize first your needs for it. And once you are going to spend your money with it you are going to properly save money.

It's easy enough to save money, the question is how long can you last without giving in to temptation and spending your savings on something?  Grin Personally, I need to have a goal otherwise I'll start saving just fine but then I'll see something I like and dump everything on it. If I have a clear objective, like I need to save up $x,xxx for a trip then it's not a problem.
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September 14, 2016, 07:09:43 AM
 #3265

It is easy to save money what you need to do is make a list of the things that you really need to buy and don't include the things that you want. Settling up your wants and needs is going to be important and you must prioritize first your needs for it. And once you are going to spend your money with it you are going to properly save money.

It's easy enough to save money, the question is how long can you last without giving in to temptation and spending your savings on something?  Grin Personally, I need to have a goal otherwise I'll start saving just fine but then I'll see something I like and dump everything on it. If I have a clear objective, like I need to save up $x,xxx for a trip then it's not a problem.
Well, it's going to be your  problem if you cannot control your self, saving money is very important to realize our goal in the future, remember tat we are not getting any younger in this world, we all grow old and we might not be effective as we used to be in the future so it is better to have an amont of savings that we can use to start up our own business and to spend in times of emergencies.

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September 14, 2016, 08:15:00 AM
 #3266

It is easy to save money what you need to do is make a list of the things that you really need to buy and don't include the things that you want. Settling up your wants and needs is going to be important and you must prioritize first your needs for it. And once you are going to spend your money with it you are going to properly save money.

It's easy enough to save money, the question is how long can you last without giving in to temptation and spending your savings on something?  Grin Personally, I need to have a goal otherwise I'll start saving just fine but then I'll see something I like and dump everything on it. If I have a clear objective, like I need to save up $x,xxx for a trip then it's not a problem.
Well, it's going to be your  problem if you cannot control your self, saving money is very important to realize our goal in the future, remember tat we are not getting any younger in this world, we all grow old and we might not be effective as we used to be in the future so it is better to have an amont of savings that we can use to start up our own business and to spend in times of emergencies.

You can force yourself to save 1% of your monthly income every month. After 12 months, you will have some saving.
Well, that is a good start if you really want to save, when you are successful in saving 1% of your income then you can gradually increase it until you can reach your ultimatum in savings, it is good when you do it slowly but surely.

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Caladonian
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September 14, 2016, 08:24:17 AM
 #3267

It is easy to save money what you need to do is make a list of the things that you really need to buy and don't include the things that you want. Settling up your wants and needs is going to be important and you must prioritize first your needs for it. And once you are going to spend your money with it you are going to properly save money.

It's easy enough to save money, the question is how long can you last without giving in to temptation and spending your savings on something?  Grin Personally, I need to have a goal otherwise I'll start saving just fine but then I'll see something I like and dump everything on it. If I have a clear objective, like I need to save up $x,xxx for a trip then it's not a problem.
Well, it's going to be your  problem if you cannot control your self, saving money is very important to realize our goal in the future, remember tat we are not getting any younger in this world, we all grow old and we might not be effective as we used to be in the future so it is better to have an amont of savings that we can use to start up our own business and to spend in times of emergencies.

You can force yourself to save 1% of your monthly income every month. After 12 months, you will have some saving.
Well, that is a good start if you really want to save, when you are successful in saving 1% of your income then you can gradually increase it until you can reach your ultimatum in savings, it is good when you do it slowly but surely.
you should be aiming for more than that, if you can control yourself to use just the amount left with your saving and not to save only the amount left to your expenses, that will make you more savings mate. use your money wisely.
bamboylee
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September 14, 2016, 03:42:50 PM
 #3268

It is easy to save money what you need to do is make a list of the things that you really need to buy and don't include the things that you want. Settling up your wants and needs is going to be important and you must prioritize first your needs for it. And once you are going to spend your money with it you are going to properly save money.

It's easy enough to save money, the question is how long can you last without giving in to temptation and spending your savings on something?  Grin Personally, I need to have a goal otherwise I'll start saving just fine but then I'll see something I like and dump everything on it. If I have a clear objective, like I need to save up $x,xxx for a trip then it's not a problem.
Well, it's going to be your  problem if you cannot control your self, saving money is very important to realize our goal in the future, remember tat we are not getting any younger in this world, we all grow old and we might not be effective as we used to be in the future so it is better to have an amont of savings that we can use to start up our own business and to spend in times of emergencies.

If all you need is a goal to be able to save continuously, then set the goal higb enough. Or think of the future or retirement so  you will be motivated to saved. Just look at those old people, they worked hard and some are even getting high salary. But they neglected the value of saving and investing, and now they can't work anymore, they have nothing. Think about that if you are ever tempted to spend your savings.
JumperX
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September 14, 2016, 04:11:18 PM
 #3269

It is easy to save money what you need to do is make a list of the things that you really need to buy and don't include the things that you want. Settling up your wants and needs is going to be important and you must prioritize first your needs for it. And once you are going to spend your money with it you are going to properly save money.

It's easy enough to save money, the question is how long can you last without giving in to temptation and spending your savings on something?  Grin Personally, I need to have a goal otherwise I'll start saving just fine but then I'll see something I like and dump everything on it. If I have a clear objective, like I need to save up $x,xxx for a trip then it's not a problem.
Well, it's going to be your  problem if you cannot control your self, saving money is very important to realize our goal in the future, remember tat we are not getting any younger in this world, we all grow old and we might not be effective as we used to be in the future so it is better to have an amont of savings that we can use to start up our own business and to spend in times of emergencies.

You can force yourself to save 1% of your monthly income every month. After 12 months, you will have some saving.
Well, that is a good start if you really want to save, when you are successful in saving 1% of your income then you can gradually increase it until you can reach your ultimatum in savings, it is good when you do it slowly but surely.

Its good to start saving from your monthly income, but 1% is not sufficient amount to save, if a person is earning lower salary then 1% of that would be nothing, its better to try to save more by reducing useless expenses.
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September 14, 2016, 04:18:13 PM
 #3270

It is easy to save money what you need to do is make a list of the things that you really need to buy and don't include the things that you want. Settling up your wants and needs is going to be important and you must prioritize first your needs for it. And once you are going to spend your money with it you are going to properly save money.

It's easy enough to save money, the question is how long can you last without giving in to temptation and spending your savings on something?  Grin Personally, I need to have a goal otherwise I'll start saving just fine but then I'll see something I like and dump everything on it. If I have a clear objective, like I need to save up $x,xxx for a trip then it's not a problem.
Well, it's going to be your  problem if you cannot control your self, saving money is very important to realize our goal in the future, remember tat we are not getting any younger in this world, we all grow old and we might not be effective as we used to be in the future so it is better to have an amont of savings that we can use to start up our own business and to spend in times of emergencies.

You can force yourself to save 1% of your monthly income every month. After 12 months, you will have some saving.
Well, that is a good start if you really want to save, when you are successful in saving 1% of your income then you can gradually increase it until you can reach your ultimatum in savings, it is good when you do it slowly but surely.

Its good to start saving from your monthly income, but 1% is not sufficient amount to save, if a person is earning lower salary then 1% of that would be nothing, its better to try to save more by reducing useless expenses.

I agree 1%% per month is not sufficient, if you calculate it, for example, if you are earning 2000 usd per month, it will take you 100 months to have  a saving of 2000 USD,  which i think is really low for a savings in almost 9 years.  But well it is better than nothing at all.  But I think the best one is to set aside 10% then do the budget with that 90% remaining.

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September 14, 2016, 07:58:30 PM
 #3271

For this you need to define what is really important in your expenses and what is not, which can be dispensed. Once this is done, you need to strive and have self-control to avoid unnecessary expenses.
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September 14, 2016, 08:18:27 PM
 #3272


2 simple things will help anyone with money. 1.) The best things in life are free - yes that is the case but takes a while to fully understand.  2.) Dont spend more than you can afford.  Thats how i live my life, i am very uninterested in material things.

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September 14, 2016, 09:00:11 PM
 #3273

I don't think saving is the correct answer. I mean saving is for normal people.

Why not invest your savings to make more money?

You can cut some unnecessary expenses you have and invest that money to get a nice ROI.

Don't let the money stay in your bank as fiat. Invest it!

Remember: Spending is not the same as investing.
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September 14, 2016, 10:30:32 PM
 #3274

To save money, you need to understand how to manage it in the best possible way. You have to change your mindset and put money only on things that are really important to your life.
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September 15, 2016, 02:57:12 AM
 #3275

For you to manage your money in the proper way, you need to have good planning with regard to your expenses, spending money only on things that are really necessary. It is important that you also have savings, because you might need it in the future.
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September 15, 2016, 06:01:00 AM
 #3276

I don't think saving is the correct answer. I mean saving is for normal people.

Why not invest your savings to make more money?

You can cut some unnecessary expenses you have and invest that money to get a nice ROI.

Don't let the money stay in your bank as fiat. Invest it!

Remember: Spending is not the same as investing.

If if was that easy to grow money, everyone would be doing it and there would be no poor people around  Cheesy It is true that a good investment can be a lot more rewarding than just leaving your money in the bank but finding the right investment can be really challenging, what works for someone else might not necessarily work for you. Otherwise all we would have to do to become a billionaires is do everything Warren Buffett does  Grin
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September 15, 2016, 06:15:27 AM
 #3277

Saving money? Make saving bank account based on your country , If you want to save every time you get money from your parents or in your job make save at least 10-15 percent of your money it will helps you on how you are going to handle it. Saving money is like working too if you can work for money then you can save too for money. Very simple right?

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bamboylee
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September 15, 2016, 06:49:26 AM
 #3278

I don't think saving is the correct answer. I mean saving is for normal people.

Why not invest your savings to make more money?

You can cut some unnecessary expenses you have and invest that money to get a nice ROI.

Don't let the money stay in your bank as fiat. Invest it!

Remember: Spending is not the same as investing.

If if was that easy to grow money, everyone would be doing it and there would be no poor people around  Cheesy It is true that a good investment can be a lot more rewarding than just leaving your money in the bank but finding the right investment can be really challenging, what works for someone else might not necessarily work for you. Otherwise all we would have to do to become a billionaires is do everything Warren Buffett does  Grin

Of course, all we have to do is what he did to be rich. But are we wise enough to be able to pull off what he did? Some people easily give up when the going gets tough. And some people are even too lazy to start something.So those people cannot be rich. Only those people who are determined to be out of poverty and become really wealthy will succeed.
uncaer9
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September 15, 2016, 06:57:09 AM
 #3279

Saving money? Make saving bank account based on your country , If you want to save every time you get money from your parents or in your job make save at least 10-15 percent of your money it will helps you on how you are going to handle it. Saving money is like working too if you can work for money then you can save too for money. Very simple right?

currently i save arround 30% of total my salary in fiat money, we don't know what happen in future, we must be careful to make our future more bright and saving in fiat is not bad option.

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September 15, 2016, 07:00:49 AM
 #3280

You should keep track of your daily expenses and saving. Make sure to save up some of your earning and use the rest for daily expenses. Also be careful of ponzi/HYIP investments. Rather work on your own business and develop it so that you can earn more. As they say "Cut your coat according to your cloth" dont waste money in things that you dont need - remember necessities come before luxury.

R


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