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Author Topic: How to save money.  (Read 345756 times)
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September 26, 2016, 01:36:12 AM
 #3401

i think bitcoin is a good place to save our money, no people can touch or freeze it, but the unstable price make our value of bitcoin unstable too, in this case, it's like we invest our money at bitcoin not like saving in fiat.
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September 26, 2016, 01:54:00 AM
 #3402

Saving money is not that hard but it can be hard when you do not make much money then it looks like saving money doesn't really works out. But even when you cannot put much money on the side it is still smart to do that.
of course it is not hard at all you should just not spend it and thats it it is as simple as that in my opinion

Everyone will certainly do it all ", there is no one who does not spend his money. unless they have a very large income and they can do anything well without you shall know all. I'm sure whatever we do with great caution and not careless, it will give you a good profit

Even though  we have lots of money we could still spend  portions of its since we are obliged to  buy our  needs to sustain live for  everyday. The  main advantage on having  huge amounts of income is that we could able to save money without any problems since our  money does make excess and thats the time we should  obliged also ourselves to pu up on savings.

Instead of putting all of our money into savings it would be better to invest half of it, which can help us grow our money 2x,  3x or even more.
well it is better to invest it but it is riskier, thats why i just hold all my bitcoins in my online wallet

 
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September 26, 2016, 02:19:26 AM
 #3403

i think bitcoin is a good place to save our money, no people can touch or freeze it, but the unstable price make our value of bitcoin unstable too, in this case, it's like we invest our money at bitcoin not like saving in fiat.

Saving your fiat money with bitcoin is going to be in risk. Because of daily fluctuations of bitcoins price is not going to assure you to save your money and going to remain the same value. So if you want to save your money, it is better if you are going to go to your nearest bank and leave the job to their staffs so that you are going to get some interest too.



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September 26, 2016, 02:26:15 AM
 #3404

i think bitcoin is a good place to save our money, no people can touch or freeze it, but the unstable price make our value of bitcoin unstable too, in this case, it's like we invest our money at bitcoin not like saving in fiat.

Keeping your money as bitcoin is good, but I think it won't help you in saving, in fact that would make you use it if you see sites that accepts it... It is still the best to save it in banks if you are planning to keep your money...Saving doesn't only mean keeping your money, but planning ahead in where you will spend your money...   Smiley
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September 26, 2016, 03:28:17 AM
 #3405

I think its easy to save up some money, just put a certain amount every month into another bank account and do this every time.
You are on that way saving money on an easy way.
Its easy for those who have no problem with money but for some people its hard because you have to budget first your salary for the daily expenses of your family. but its not an excuse, any amount will do because in the future the money you save little by little can be a big help in times of emergency.
I think it is not as easy as you say, there are many reasons why people find it difficult to save, perhaps because he has a lot of desire to be purchased? yeah it happened to me? although I am earning at least $ 500 per month, but still I always difficult to collect because I always wasteful

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September 26, 2016, 03:49:16 AM
 #3406

I think its easy to save up some money, just put a certain amount every month into another bank account and do this every time.
You are on that way saving money on an easy way.
Its easy for those who have no problem with money but for some people its hard because you have to budget first your salary for the daily expenses of your family. but its not an excuse, any amount will do because in the future the money you save little by little can be a big help in times of emergency.
I think it is not as easy as you say, there are many reasons why people find it difficult to save, perhaps because he has a lot of desire to be purchased? yeah it happened to me? although I am earning at least $ 500 per month, but still I always difficult to collect because I always wasteful


The problem is with you and the solution is try not to be wasteful, if you do not have a savings you will realize that later in the future when something came up that you will be in desperate need of money and no one will lend you, be futuristic and think of the possible things that would happen, that alone should make you realize that you have to save.
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September 26, 2016, 03:52:52 AM
 #3407

I think its easy to save up some money, just put a certain amount every month into another bank account and do this every time.
You are on that way saving money on an easy way.
Its easy for those who have no problem with money but for some people its hard because you have to budget first your salary for the daily expenses of your family. but its not an excuse, any amount will do because in the future the money you save little by little can be a big help in times of emergency.
I think it is not as easy as you say, there are many reasons why people find it difficult to save, perhaps because he has a lot of desire to be purchased? yeah it happened to me? although I am earning at least $ 500 per month, but still I always difficult to collect because I always wasteful


The problem is with you and the solution is try not to be wasteful, if you do not have a savings you will realize that later in the future when something came up that you will be in desperate need of money and no one will lend you, be futuristic and think of the possible things that would happen, that alone should make you realize that you have to save.
saving is very important but knowing how to do it properly is a must. use the money that excess from your savings not saving the money  from your excess. that principle is very helpful practicing that way will allow you to make more savings.


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September 26, 2016, 04:00:27 AM
 #3408

I think its easy to save up some money, just put a certain amount every month into another bank account and do this every time.
You are on that way saving money on an easy way.
Its easy for those who have no problem with money but for some people its hard because you have to budget first your salary for the daily expenses of your family. but its not an excuse, any amount will do because in the future the money you save little by little can be a big help in times of emergency.
I think it is not as easy as you say, there are many reasons why people find it difficult to save, perhaps because he has a lot of desire to be purchased? yeah it happened to me? although I am earning at least $ 500 per month, but still I always difficult to collect because I always wasteful


The problem is with you and the solution is try not to be wasteful, if you do not have a savings you will realize that later in the future when something came up that you will be in desperate need of money and no one will lend you, be futuristic and think of the possible things that would happen, that alone should make you realize that you have to save.
saving is very important but knowing how to do it properly is a must. use the money that excess from your savings not saving the money  from your excess. that principle is very helpful practicing that way will allow you to make more savings.
That's how you discipline your self in savings, it should be your first priority for you to successfully save. We should think that savings is not optional but a compulsory act for a person who wants to have a good future, if you have no savings yet, it is never too late because we can start now.

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September 26, 2016, 09:23:48 AM
 #3409

I think its easy to save up some money, just put a certain amount every month into another bank account and do this every time.
You are on that way saving money on an easy way.
Its easy for those who have no problem with money but for some people its hard because you have to budget first your salary for the daily expenses of your family. but its not an excuse, any amount will do because in the future the money you save little by little can be a big help in times of emergency.
I think it is not as easy as you say, there are many reasons why people find it difficult to save, perhaps because he has a lot of desire to be purchased? yeah it happened to me? although I am earning at least $ 500 per month, but still I always difficult to collect because I always wasteful


The problem is with you and the solution is try not to be wasteful, if you do not have a savings you will realize that later in the future when something came up that you will be in desperate need of money and no one will lend you, be futuristic and think of the possible things that would happen, that alone should make you realize that you have to save.
saving is very important but knowing how to do it properly is a must. use the money that excess from your savings not saving the money  from your excess. that principle is very helpful practicing that way will allow you to make more savings.
That's how you discipline your self in savings, it should be your first priority for you to successfully save. We should think that savings is not optional but a compulsory act for a person who wants to have a good future, if you have no savings yet, it is never too late because we can start now.

Agreed, we should save our money, it is best for our future, not only for future also saving help us all the time, I always do it, especially in bitcoins, i earn a lot of amount of bitcoins but i am not using it even i need it, i prefer to use the fiat currency, instead of bitcoin, because its price give us profit.
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September 26, 2016, 10:30:53 AM
 #3410

I think its easy to save up some money, just put a certain amount every month into another bank account and do this every time.
You are on that way saving money on an easy way.
Its easy for those who have no problem with money but for some people its hard because you have to budget first your salary for the daily expenses of your family. but its not an excuse, any amount will do because in the future the money you save little by little can be a big help in times of emergency.
I think it is not as easy as you say, there are many reasons why people find it difficult to save, perhaps because he has a lot of desire to be purchased? yeah it happened to me? although I am earning at least $ 500 per month, but still I always difficult to collect because I always wasteful


The problem is with you and the solution is try not to be wasteful, if you do not have a savings you will realize that later in the future when something came up that you will be in desperate need of money and no one will lend you, be futuristic and think of the possible things that would happen, that alone should make you realize that you have to save.
saving is very important but knowing how to do it properly is a must. use the money that excess from your savings not saving the money  from your excess. that principle is very helpful practicing that way will allow you to make more savings.
That's how you discipline your self in savings, it should be your first priority for you to successfully save. We should think that savings is not optional but a compulsory act for a person who wants to have a good future, if you have no savings yet, it is never too late because we can start now.

Agreed, we should save our money, it is best for our future, not only for future also saving help us all the time, I always do it, especially in bitcoins, i earn a lot of amount of bitcoins but i am not using it even i need it, i prefer to use the fiat currency, instead of bitcoin, because its price give us profit.

Yes whatever we  are earning from bitcoins should be saved for the future as the price may go higher in future so it will allow our money to grow and we can expect some higher returns from  it.
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September 26, 2016, 10:58:47 AM
 #3411



Agreed, we should save our money, it is best for our future, not only for future also saving help us all the time, I always do it, especially in bitcoins, i earn a lot of amount of bitcoins but i am not using it even i need it, i prefer to use the fiat currency, instead of bitcoin, because its price give us profit.

That's why it is really important to have another source of income in the real world so that our bitcoin earnings are just saved.

Me too, all my spendings are covered by my fiat earnings so that bitcoins will be just used if it's really needed.

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September 26, 2016, 11:07:03 AM
 #3412

You can save money by not spending money haha it's sound obvious but it's true. Only spend what you need to spend and work as hard as you can I can' tell you more than that. Spend the least and you'll have the most left to save.
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September 26, 2016, 12:44:35 PM
 #3413



Agreed, we should save our money, it is best for our future, not only for future also saving help us all the time, I always do it, especially in bitcoins, i earn a lot of amount of bitcoins but i am not using it even i need it, i prefer to use the fiat currency, instead of bitcoin, because its price give us profit.

That's why it is really important to have another source of income in the real world so that our bitcoin earnings are just saved.

Me too, all my spendings are covered by my fiat earnings so that bitcoins will be just used if it's really needed.

Yes, most of time, i need money, but i am not touch my bitcoins, because if i have fiat currency to use, so why i use my bitcoins?
Actually bitcoin is better for me to earning wise, not for use, only urgent time i use it, Otherwise I prefer to save the bitcoin, And as you know, we are holding bitcoins and when price increased than sell it, and as i said, bitcoin price give us money.
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September 26, 2016, 02:32:52 PM
 #3414

You can save money by not spending money haha it's sound obvious but it's true. Only spend what you need to spend and work as hard as you can I can' tell you more than that. Spend the least and you'll have the most left to save.

Well I agree with you but its not that simple how we feel as its really hard to control to spend them when you actually have money in your hands and sometimes you keep on buying those things which are not important to you.

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September 26, 2016, 02:43:15 PM
 #3415


Yes, most of time, i need money, but i am not touch my bitcoins, because if i have fiat currency to use, so why i use my bitcoins?
Actually bitcoin is better for me to earning wise, not for use, only urgent time i use it, Otherwise I prefer to save the bitcoin, And as you know, we are holding bitcoins and when price increased than sell it, and as i said, bitcoin price give us money.

It is good that you can hold your bitcoin and not tempted to spend it on useless things. Maybe having a job that earn fiat helps in you conserving your bitcoins. But it is not the same for everyone. Others just can't help themselves or there is just needs that cannot be avoided so every bitcoins are spent. BUt I believe, if there is even a slight chance that you can save money, fiat or bitcoin, you should do it. You never know when you will need those saved money.
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September 26, 2016, 03:20:27 PM
 #3416

You can save alot of money by spending less. I don't know if your in school or working or whatever but alot of people even students tend to spend alot on small transaction like buying a bread in their beak which is like 3 usd thats already 90 usd in a month.
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September 26, 2016, 03:21:43 PM
 #3417

You can save money by not spending money haha it's sound obvious but it's true. Only spend what you need to spend and work as hard as you can I can' tell you more than that. Spend the least and you'll have the most left to save.

Well I agree with you but its not that simple how we feel as its really hard to control to spend them when you actually have money in your hands and sometimes you keep on buying those things which are not important to you.

it really happened to me, when I hold a lot of money is difficult to control. I always wanted to spend and buy something I want, and not what I needed. It's truly a waste. but I've always tried to live more frugally. I think this could help me with the way of life-saving.

.
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September 26, 2016, 03:39:29 PM
 #3418

i think bitcoin is a good place to save our money, no people can touch or freeze it, but the unstable price make our value of bitcoin unstable too, in this case, it's like we invest our money at bitcoin not like saving in fiat.

Keeping your money as bitcoin is good, but I think it won't help you in saving, in fact that would make you use it if you see sites that accepts it... It is still the best to save it in banks if you are planning to keep your money...Saving doesn't only mean keeping your money, but planning ahead in where you will spend your money...   Smiley

Saving into bitcoin wont be bad until the price starts dropping a lot because in that case your savings would drain and you will have less than what you have saved, so the thing someone should do is to save the money in bitcoin but keep track of the price and news so that he can exchange them anytime when the price is dropping to keep himself safe from a loss, and if the price grows, he will be earning profits from his savings.
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September 26, 2016, 03:42:40 PM
 #3419

i think bitcoin is a good place to save our money, no people can touch or freeze it, but the unstable price make our value of bitcoin unstable too, in this case, it's like we invest our money at bitcoin not like saving in fiat.
Bitcoin is good anytime in come of saving our money , yes you are right there no one can touch your bitcoin wallet even the president of the your state but bitcoin i  the short run is good bit in the long term we always spend our bitcoin into market even we dont know that we get

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September 26, 2016, 03:48:05 PM
 #3420

i think bitcoin is a good place to save our money, no people can touch or freeze it, but the unstable price make our value of bitcoin unstable too, in this case, it's like we invest our money at bitcoin not like saving in fiat.

Keeping your money as bitcoin is good, but I think it won't help you in saving, in fact that would make you use it if you see sites that accepts it... It is still the best to save it in banks if you are planning to keep your money...Saving doesn't only mean keeping your money, but planning ahead in where you will spend your money...   Smiley

Saving into bitcoin wont be bad until the price starts dropping a lot because in that case your savings would drain and you will have less than what you have saved, so the thing someone should do is to save the money in bitcoin but keep track of the price and news so that he can exchange them anytime when the price is dropping to keep himself safe from a loss, and if the price grows, he will be earning profits from his savings.
I think you will not experience of loses if you can hold your bitcoins for a long time you should wait for a right time to sell them because the price is gradually increase and if you buy right now and the price is decreases in few days .. dont sell it just save it and wait for a right time to sell it..  If you sell your bitcoin early without price increase you will not making a good profit you are just wasting your time for waiting it.



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