How to save money.

[agustina2]

Saving money can be done in many ways but best is to jsut check where most of your money goes to and then try to cut the expenses that are not needed.
Just spend the money you have to spend and safe most of the rest which is left.

I do it the other way around. I set an amount I want to save. Every payday, I take that amount from my pay and save it somewhere. Then I live with what is left. If that amount is not enough, I check my expenses and remove all unnecessary expenses that I have. If that is not yet enough, then I know that I need more income or another source of income so I can survive until next payday.

That's why decent income is the key so that people can saved money well even without those hard strategy and tips to be done.

Once people's income can covered all daily needs and spendings and there will be money left, saving the money is just an ease since all they need to do is to managed the money left.

But in my opinion, regardless of your income amount you must have the habit of saving. I mean to say you when you are earning very low amount, still you must save some 10% of your earning amount. It is possible when you are having a lifestyle based on your salary. Saving will be possible to any one as living is possible within the salary we are getting.

You know mate you can't say that easily to make a habit of saving regardless of people's income. By looking at the reality, some people really has only enough income to support their daily needs and even a force saving is not that possible "even they want to". It's really happens and still present up to today.

So maximizing the income is only the key so that people can have a portion of their money to savings in regular basis.

[1715221518]

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[1715221518]

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[hanlap]

I do my grocery shopping with gift cards from Gyft.com, which saves me 3% on my weekly grocery bill through their point reward program.

I should be doing the same with Amazon and purse.io, but I never remember it's there, since Amazon is a much less regular shopping stop.

[Bitcoinbro]

How to save money is a good question also important. I always got taught to never buy something that you cant afford for first.
After that never buy everything you see all the small stuff like randomly buying a pants or coffee everyday in the starbucks this loses you alot of cash

[TastyChillySauce00]

As long as you keep track of your earnings and your expenditure, you should not have much difficulty in saving. Try to keep a certain ratio between the two, like 40% of earnings go to saving and rest 60% to expenses. Emergencies may arise then you may need to spend more. But every month try to maintain it and you should do fine.

40% of your earnings is too  high of a target. Normal people receiving minimum salary will have a hard time keeping up and will frustrate them. Soon they will stop saving because of that. It is better to save small percentage but can be consistently done without straining too much your budget.

Yup, 40$ was too high, not all of us is high earners where we could keep almost half of out salary, mostly we just receive enough salary so keeping 40% of it might just compromise your living or might result to problem... I think computing about how much you will save should be after buying all your basic needs, the leftover money should be the target of our savings, that's the money where we could mess around whether we are going to save it all or spending it to something else... 

The most conservative approach IMO is just to save at least 10% of your earnings so you can still live a normal life, we are living in this world to enjoy and do our responsibility in the society and that is to balance of way of living as well. If we save at least 40% of our earnings we are not living a balance life.

it's indeed you'll not living a balance life if you saved about 40% but it's temporary,after you're done saving you can but what you want and then get pleased for what you've done by saving money,you need effort first to get a good result

[bamboylee]

As long as you keep track of your earnings and your expenditure, you should not have much difficulty in saving. Try to keep a certain ratio between the two, like 40% of earnings go to saving and rest 60% to expenses. Emergencies may arise then you may need to spend more. But every month try to maintain it and you should do fine.

40% of your earnings is too  high of a target. Normal people receiving minimum salary will have a hard time keeping up and will frustrate them. Soon they will stop saving because of that. It is better to save small percentage but can be consistently done without straining too much your budget.

Yup, 40$ was too high, not all of us is high earners where we could keep almost half of out salary, mostly we just receive enough salary so keeping 40% of it might just compromise your living or might result to problem... I think computing about how much you will save should be after buying all your basic needs, the leftover money should be the target of our savings, that's the money where we could mess around whether we are going to save it all or spending it to something else... 

The most conservative approach IMO is just to save at least 10% of your earnings so you can still live a normal life, we are living in this world to enjoy and do our responsibility in the society and that is to balance of way of living as well. If we save at least 40% of our earnings we are not living a balance life.

it's indeed you'll not living a balance life if you saved about 40% but it's temporary,after you're done saving you can but what you want and then get pleased for what you've done by saving money,you need effort first to get a good result

For me saving should be done continuously and not just temporary that is why I choose to save smaller percentage. As long as you can earn, you must save a part of your salary. When you have accumulated a large amount in savings, then you can use them on different things like investment, retirement, emergency funds and leisure.

[molsewid]

Saving money while you had so much money on your hand is really hard bcoz you need money daily to support your daily needs specially your foods daily and for me opening a saving bank account is good you can lut your money there.

[gerXhonza]

As long as you keep track of your earnings and your expenditure, you should not have much difficulty in saving. Try to keep a certain ratio between the two, like 40% of earnings go to saving and rest 60% to expenses. Emergencies may arise then you may need to spend more. But every month try to maintain it and you should do fine.

40% of your earnings is too  high of a target. Normal people receiving minimum salary will have a hard time keeping up and will frustrate them. Soon they will stop saving because of that. It is better to save small percentage but can be consistently done without straining too much your budget.

Yup, 40$ was too high, not all of us is high earners where we could keep almost half of out salary, mostly we just receive enough salary so keeping 40% of it might just compromise your living or might result to problem... I think computing about how much you will save should be after buying all your basic needs, the leftover money should be the target of our savings, that's the money where we could mess around whether we are going to save it all or spending it to something else... 

The most conservative approach IMO is just to save at least 10% of your earnings so you can still live a normal life, we are living in this world to enjoy and do our responsibility in the society and that is to balance of way of living as well. If we save at least 40% of our earnings we are not living a balance life.

it's indeed you'll not living a balance life if you saved about 40% but it's temporary,after you're done saving you can but what you want and then get pleased for what you've done by saving money,you need effort first to get a good result

For me saving should be done continuously and not just temporary that is why I choose to save smaller percentage. As long as you can earn, you must save a part of your salary. When you have accumulated a large amount in savings, then you can use them on different things like investment, retirement, emergency funds and leisure.

Exactly, keep on saving on regular basis from your salary, you can save them in banks or in fixed deposits where you can get higher interest and  once you have enough savings you can go for investments.

[goldcoinminer]

As long as you keep track of your earnings and your expenditure, you should not have much difficulty in saving. Try to keep a certain ratio between the two, like 40% of earnings go to saving and rest 60% to expenses. Emergencies may arise then you may need to spend more. But every month try to maintain it and you should do fine.

40% of your earnings is too  high of a target. Normal people receiving minimum salary will have a hard time keeping up and will frustrate them. Soon they will stop saving because of that. It is better to save small percentage but can be consistently done without straining too much your budget.

Yup, 40$ was too high, not all of us is high earners where we could keep almost half of out salary, mostly we just receive enough salary so keeping 40% of it might just compromise your living or might result to problem... I think computing about how much you will save should be after buying all your basic needs, the leftover money should be the target of our savings, that's the money where we could mess around whether we are going to save it all or spending it to something else... 

The most conservative approach IMO is just to save at least 10% of your earnings so you can still live a normal life, we are living in this world to enjoy and do our responsibility in the society and that is to balance of way of living as well. If we save at least 40% of our earnings we are not living a balance life.

it's indeed you'll not living a balance life if you saved about 40% but it's temporary,after you're done saving you can but what you want and then get pleased for what you've done by saving money,you need effort first to get a good result

For me saving should be done continuously and not just temporary that is why I choose to save smaller percentage. As long as you can earn, you must save a part of your salary. When you have accumulated a large amount in savings, then you can use them on different things like investment, retirement, emergency funds and leisure.

Exactly, keep on saving on regular basis from your salary, you can save them in banks or in fixed deposits where you can get higher interest and  once you have enough savings you can go for investments.

In the future I am planning to invest on something that I feel I am good like having my own fast food business but I cannot do that if my investment here in bitcoin will not succeed, bitcoin is my stepping stone and I will use the profit to realize my dream in the future.

[extrabyte]

Saving money while you had so much money on your hand is really hard bcoz you need money daily to support your daily needs specially your foods daily and for me opening a saving bank account is good you can lut your money there.

well. I would choose to save my money in bitcoin instead of bank. saving in bank will only save your money but saving in bitcoin may give you some profit too. because after some years bitcoin price will increase for sure.
that's my own thought BTW.

[tyz]

The best option is still to split the savings between bank and Bitcoin. Both could fail, Bitcoin and a bank ( or the fiat money system ). To split your savings, you are probably on the right site.
Going just for one option is a higher risk in my opinion.

Saving money while you had so much money on your hand is really hard bcoz you need money daily to support your daily needs specially your foods daily and for me opening a saving bank account is good you can lut your money there.

well. I would choose to save my money in bitcoin instead of bank. saving in bank will only save your money but saving in bitcoin may give you some profit too. because after some years bitcoin price will increase for sure.
that's my own thought BTW.

[mace15]

Everything we do revolves numbers. Everything we love to do
well cost money. Saving money is easier if we have plans in life.
If we aim something to achieved we can save money  then.
When your tempted to stray your plan, call someone that
will tolerate or encourage you to attain your goals. Likewise,
in bitcoin Im eagerness to save btc more.

[wowanstrong]

Everything we do revolves numbers. Everything we love to do
well cost money. Saving money is easier if we have plans in life.
If we aim something to achieved we can save money  then.
When your tempted to stray your plan, call someone that
will tolerate or encourage you to attain your goals. Likewise,
in bitcoin Im eagerness to save btc more.

I share that opinion. We need to set a goal and go for it. And then all will receive automatic

[darklus123]

I am much very on to you mr. I also do usually thinks like if ever i like something shall we say a new smart phone. I would always ask my self that do i really need this thing? In fact i am still a student but i am already saving some of my extra incomes here.

[Oppolee]

How to save money is a very difficult question, especially for those who really do not have enough money. It is certainly possible to cut costs, but if at the elementary everyday and important things, this money is not enough. Then you need to already be wondering how you can earn, so you had something to save.

[mishra1994]

If you wanna save money then first off all you must not have expensive habits like gambling or drinking alcohol because when i was gambling then it became impossible for me to save even 1usd money but after stopping that now i am able to save few extra money.

[Narosya]

How to save money is a very difficult question, especially for those who really do not have enough money. It is certainly possible to cut costs, but if at the elementary everyday and important things, this money is not enough. Then you need to already be wondering how you can earn, so you had something to save.

That's right, in addition to the savings necessary to search for sources of passive income. The best way to get them - a percentage of the investment

[nindie]

iam save and saving to my mone in bank
because high secure and guaranted to goverment

[Aamir1]

If you wanna save money then first off all you must not have expensive habits like gambling or drinking alcohol because when i was gambling then it became impossible for me to save even 1usd money but after stopping that now i am able to save few extra money.

That's right, the more expenses you have the less money you will have for saving or maybe you will have nothing remaining to be saved even if you have more than one sources of income, but if you cant reduce your expenses than you wont be able to save anything at the end.

[doomistake]

In order to save money in my opinion, you need to know what you want and what you need. In that case you can budget your money for those things, what you "want" and what you "need". Buying things that we thought that we needed it but the truth is not is the most problem that's why our money are just vanishing in just a blink of an eye. Like buying this, that, and buying everywhere though it is not needed. Most of the people are shopping that hard and buying expensive things for them to be popular to others (though they don't even have a job, just asking money for parents), so others will think that they are rich even though they are really not. Those people are called social climbers which are the annoying type of people.

[TheUltraElite]

In order to save money in my opinion, you need to know what you want and what you need. In that case you can budget your money for those things, what you "want" and what you "need". Buying things that we thought that we needed it but the truth is not is the most problem that's why our money are just vanishing in just a blink of an eye. Like buying this, that, and buying everywhere though it is not needed. Most of the people are shopping that hard and buying expensive things for them to be popular to others (though they don't even have a job, just asking money for parents), so others will think that they are rich even though they are really not. Those people are called social climbers which are the annoying type of people.

The problem with human beings is that they cannot segregate "need" and "necessity" form "luxury". People tend to buy everything they can afford to because they have the money to, but end up spending too much and saving becomes difficult for them.