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Author Topic: How to save money.  (Read 345754 times)
Topbanker
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July 29, 2015, 10:52:01 PM
 #721

how to save money??

well a  very easy and proven solution is to spend less.

Voila Grin
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Don007
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July 29, 2015, 11:04:50 PM
 #722

i am from Macedonia. In my country the minimal salary is 150 euros, with that kind of salary you can not save 20% because everything is expensive. But there are another ways to save money. You can do your shopping in the big markets and on every shopping you can save. You can also use the public transport because it is good way to go from a to b, etc.

Shopping from the super market is a good idea, as they have some promotional events where you can purchase your goods for the cheaper rates and that would save your money, and they have many promotional offers which provides you goods at the cheaper rates.

Whether a supermarket is cheaper than other shops or not, really depends on your area. For example, if you live near farmers, you should get your vegetables etc over there. I'm sure you can work something out over there, and you will spend less on those products. And, it's fresh!  There's also quite a difference in the prices of the various supermarkets. Checking leaflets / folders about promotions and comparing these between supermarkets does take some time, but it's worth it if you really have to look at every penny you spend. (Besides that, it keeps you busy and it doesn't cost any money Wink).

{Curently quite inactive as I'm really busy in my private life. I will get back soon!}

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foxbitcoin
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July 29, 2015, 11:35:52 PM
 #723

The only money I save is through buying Bitcoin I've personally never had so much money at any given time in my savings.
faridkifly
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July 30, 2015, 01:08:07 PM
 #724

how to save money??

well a  very easy and proven solution is to spend less.

Voila Grin
I agree with u dude
The less you spend, the saver you are Grin
Dotakels (OP)
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July 30, 2015, 02:40:00 PM
 #725

how to save money??

well a  very easy and proven solution is to spend less.

Voila Grin
I agree with u dude
The less you spend, the saver you are Grin
Its not too easy dude, you can't say that you can save by less your expenses, because theres a unwanted expenses that you must pay. So my suggestion is better than you.
Amph
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July 30, 2015, 03:24:28 PM
 #726

how to save money??

well a  very easy and proven solution is to spend less.

Voila Grin
I agree with u dude
The less you spend, the saver you are Grin
Its not too easy dude, you can't say that you can save by less your expenses, because theres a unwanted expenses that you must pay. So my suggestion is better than you.

well this is obvious he spend less on something that he nto need, not on something on which is mandatory to spend money..

but if you have much free time instead of saving it's better if you work simply more
roadbits
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July 30, 2015, 06:53:19 PM
 #727

The best way to save money is set goals . save at least 10-20 % of his income for long term savings
Many people just don't have the discipline to save
tommorisonwebdesign
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July 30, 2015, 07:25:21 PM
 #728

The best way to save money in the long run is create a budget and stick to it. What I do personally is I work a local job for fiat currency as well as collect a disability pension every month. About $400 goes to my credit cards from the pension and the rest of my spending money I have to earn from my job. I eat out a lot, so I could go to the supermarket more often. I live in a building for independent disabled people and they offer cooking classes and free meals. If you're on a tight budget, the more you barter the more you save.

Signatures? How about learning a skill... I don't care either way. Everybody has to make a living somehow.
knowhow
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July 30, 2015, 08:52:37 PM
 #729

The best way to save money in the long run is create a budget and stick to it. What I do personally is I work a local job for fiat currency as well as collect a disability pension every month. About $400 goes to my credit cards from the pension and the rest of my spending money I have to earn from my job. I eat out a lot, so I could go to the supermarket more often. I live in a building for independent disabled people and they offer cooking classes and free meals. If you're on a tight budget, the more you barter the more you save.

there are things we cant predict create a budget will guide you how far you can go,but need to have some funds for some emergency.Nothing is forever now you got a job tomorrow we dont know what may happen,all need some saving to avoid get crazy .
Dotakels (OP)
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July 31, 2015, 04:07:44 PM
 #730

how to save money??

well a  very easy and proven solution is to spend less.

Voila Grin
I agree with u dude
The less you spend, the saver you are Grin
Its not too easy dude, you can't say that you can save by less your expenses, because theres a unwanted expenses that you must pay. So my suggestion is better than you.

well this is obvious he spend less on something that he nto need, not on something on which is mandatory to spend money..

but if you have much free time instead of saving it's better if you work simply more
Yeah i know his point but you can't expect the expenses will not come, and maybe if you have a free time and you can work in that time, find another job that can added to your income and savings.
HarHarHar9965
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July 31, 2015, 07:13:24 PM
 #731

The only money I save is through buying Bitcoin I've personally never had so much money at any given time in my savings.

I think that has happened because you have not made any other external use of your btc by investing it into something, gambling, etc. You're a hodler and you will not let go until it is a very very big market. That is a good thing but I advise you to play a little with your bitcoins and maybe invest them into something you think has a future, or better yet gamble with the coins you think you can afford to lose. Sometimes you will comeback with lot more you think you were ready to let go.
Don007
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July 31, 2015, 08:23:50 PM
 #732

The only money I save is through buying Bitcoin I've personally never had so much money at any given time in my savings.

I think that has happened because you have not made any other external use of your btc by investing it into something, gambling, etc. You're a hodler and you will not let go until it is a very very big market. That is a good thing but I advise you to play a little with your bitcoins and maybe invest them into something you think has a future, or better yet gamble with the coins you think you can afford to lose. Sometimes you will comeback with lot more you think you were ready to let go.

Suggesting someone to gamble with their money / BTC in order to save money is the worst and funniest thing I've read this week.. Overal, you loose money with gambling. Yes, there's a chance that you win money, but - in the end - there is always a bigger chance that you loose money (as the casino / dice website etc has an house edge in order to be profitable).

Investing might be a good advise - as long as you invest well and in the right project. That's very hard too..

{Curently quite inactive as I'm really busy in my private life. I will get back soon!}

-> Your line here during my inactivity? Feel free to PM <-
tommorisonwebdesign
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July 31, 2015, 10:14:39 PM
 #733

The only money I save is through buying Bitcoin I've personally never had so much money at any given time in my savings.

I think that has happened because you have not made any other external use of your btc by investing it into something, gambling, etc. You're a hodler and you will not let go until it is a very very big market. That is a good thing but I advise you to play a little with your bitcoins and maybe invest them into something you think has a future, or better yet gamble with the coins you think you can afford to lose. Sometimes you will comeback with lot more you think you were ready to let go.

Suggesting someone to gamble with their money / BTC in order to save money is the worst and funniest thing I've read this week.. Overal, you loose money with gambling. Yes, there's a chance that you win money, but - in the end - there is always a bigger chance that you loose money (as the casino / dice website etc has an house edge in order to be profitable).

Investing might be a good advise - as long as you invest well and in the right project. That's very hard too..
I've ended up losing more money gambling than winning. Gambling cannot be considered an investment. I've come to form the opinion that people who consider gambling some sort of "investment" are borderline schizotypal; they are half-convinced money grows on trees. One of my "friends" who took $100 to go to the casino lost it all on Pai Gow and ended up blowing his stack. Bitcoin itself is more of an investment then gambling, my friend. 

Signatures? How about learning a skill... I don't care either way. Everybody has to make a living somehow.
knowhow
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July 31, 2015, 10:33:56 PM
 #734

You need only a financial discipline, you can't buy everything you see, just buy what you need, not need accuracy but only to ask for what I need it? What use? But I'm sure bet not ever the best way to save but to risk any capital, because the temptation to increase and win sometimes force anyone to invest again.
HarHarHar9965
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August 01, 2015, 09:16:33 AM
 #735

The only money I save is through buying Bitcoin I've personally never had so much money at any given time in my savings.

I think that has happened because you have not made any other external use of your btc by investing it into something, gambling, etc. You're a hodler and you will not let go until it is a very very big market. That is a good thing but I advise you to play a little with your bitcoins and maybe invest them into something you think has a future, or better yet gamble with the coins you think you can afford to lose. Sometimes you will comeback with lot more you think you were ready to let go.

Suggesting someone to gamble with their money / BTC in order to save money is the worst and funniest thing I've read this week.. Overal, you loose money with gambling. Yes, there's a chance that you win money, but - in the end - there is always a bigger chance that you loose money (as the casino / dice website etc has an house edge in order to be profitable).

Investing might be a good advise - as long as you invest well and in the right project. That's very hard too..

I had the same ideology till a week ago, I was really tired of how things were working out for me and decided to gamble with 0.5 btc. I guess I was either really good at online casino or I was really lucky but I did make 6x of what I started with. I think gambling is fun when you have money to gamble. It is all about discipline too, you should know when to stop. I see a lot of negativity about gambling because a lot of people end up losing, its okay, to each his own Smiley
ajun96
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August 01, 2015, 10:13:54 AM
 #736

You need only a financial discipline, you can't buy everything you see, just buy what you need, not need accuracy but only to ask for what I need it? What use? But I'm sure bet not ever the best way to save but to risk any capital, because the temptation to increase and win sometimes force anyone to invest again.
Thats right, people are always tempted to increase their money without seeing the risks, so that they only see the benefit that will be achieved
Don007
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August 01, 2015, 11:48:09 AM
 #737

You need only a financial discipline, you can't buy everything you see, just buy what you need, not need accuracy but only to ask for what I need it? What use? But I'm sure bet not ever the best way to save but to risk any capital, because the temptation to increase and win sometimes force anyone to invest again.
Thats right, people are always tempted to increase their money without seeing the risks, so that they only see the benefit that will be achieved

That's the temptation of gambling. You always want to place ONE more bet as you're quite convinced you're going to win that one (and thereby for example cover your costs). However, what happens when you loose that bet is that you are going to try to place another ONE bet (probably with a bigger amount of money or BTC).. All in order to cover your costs. And then you're too deep into the game.

See gambling this way: as the house wants the casino / website to be profitable, in the end you will loose money. Yes, there is a chance that you actually make money (and some are lucky enough for this - but, in the end, the chance that you loose is bigger. If you really want to gamble, only use money you can really afford to loose.

For example, if you would otherwise spend $50 in a club that night, you can also spend $50 in a casino. But if your financial status is that bad that you can not loose a few dollars, simply don't gamble. Keep your money, and if you've got some spare; SAVE IT as harder times will aways come.

{Curently quite inactive as I'm really busy in my private life. I will get back soon!}

-> Your line here during my inactivity? Feel free to PM <-
Dr. Pepper
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August 01, 2015, 01:05:49 PM
 #738

The only money I save is through buying Bitcoin I've personally never had so much money at any given time in my savings.

I think that has happened because you have not made any other external use of your btc by investing it into something, gambling, etc. You're a hodler and you will not let go until it is a very very big market. That is a good thing but I advise you to play a little with your bitcoins and maybe invest them into something you think has a future, or better yet gamble with the coins you think you can afford to lose. Sometimes you will comeback with lot more you think you were ready to let go.

Suggesting someone to gamble with their money / BTC in order to save money is the worst and funniest thing I've read this week.. Overal, you loose money with gambling. Yes, there's a chance that you win money, but - in the end - there is always a bigger chance that you loose money (as the casino / dice website etc has an house edge in order to be profitable).

Investing might be a good advise - as long as you invest well and in the right project. That's very hard too..

But investing is also a gamble is it not? You can possibly lose it all or make profit... or recoup your money. People should be weary of investments just as much as they should with gambling as there is no guranteed winners in either option.

Dotakels (OP)
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August 01, 2015, 02:18:00 PM
 #739

The only money I save is through buying Bitcoin I've personally never had so much money at any given time in my savings.

I think that has happened because you have not made any other external use of your btc by investing it into something, gambling, etc. You're a hodler and you will not let go until it is a very very big market. That is a good thing but I advise you to play a little with your bitcoins and maybe invest them into something you think has a future, or better yet gamble with the coins you think you can afford to lose. Sometimes you will comeback with lot more you think you were ready to let go.

Suggesting someone to gamble with their money / BTC in order to save money is the worst and funniest thing I've read this week.. Overal, you loose money with gambling. Yes, there's a chance that you win money, but - in the end - there is always a bigger chance that you loose money (as the casino / dice website etc has an house edge in order to be profitable).

Investing might be a good advise - as long as you invest well and in the right project. That's very hard too..

I had the same ideology till a week ago, I was really tired of how things were working out for me and decided to gamble with 0.5 btc. I guess I was either really good at online casino or I was really lucky but I did make 6x of what I started with. I think gambling is fun when you have money to gamble. It is all about discipline too, you should know when to stop. I see a lot of negativity about gambling because a lot of people end up losing, its okay, to each his own Smiley
Haha its a great for you but for the others gambling is a bad idea or a bad way to grow their coins. And many of people have a negative though about bitcoin because they are the one who lose their money because of gambling.
diodio1
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August 01, 2015, 03:27:51 PM
 #740

it was basic savings strategy i think, 20% of our total income. i did it in past 5 years and it's working , i can bought a new car with my unused savings.

BurHan Alassad
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