How to save money.

[zerorabbit23]

I put away 10% of my earnings away in a 401k, and try to save at least $50 a month to my savings account.

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[dollarneed]

iam planning to invest my money on real estate therefore iam looking for the best and stragiest real estate in my city but cheap,and i wish someday the price will getting high

[tommorisonwebdesign]

Having more income is not necessarily mean you are going to save a bunch of money. You could be making over $5000 a month and still have financial difficulty if you did not properly budget (putting aside a monthly savings in the budget) and sticking too it. Investments are great ways to make your money grow. Once you have a bunch of money saved up, you could make a simple investment like buying bitcoin or real estate. Income is only one part.

[tyrexs]

you can save your money in bank but if you want save your money include investment you can buy bitcoin and sell bitcoin when price up also you can earn some money too

[Marperia]

One wise man said, that rich man is not a person who makes a lot of money, but who doesn't spend anything. What do you think about recycling paper, plastic bottles and organic trash? It could be great business in present ecological crisis.

[Falconer]

iam planning to invest my money on real estate therefore iam looking for the best and stragiest real estate in my city but cheap,and i wish someday the price will getting high

Its very hard to find any most strategic real estate that cheap, and maybe there is no real estate like that. Maybe you should seek the cheap real estate that has potential to grow.

Having more income is not necessarily mean you are going to save a bunch of money. You could be making over $5000 a month and still have financial difficulty if you did not properly budget (putting aside a monthly savings in the budget) and sticking too it. Investments are great ways to make your money grow. Once you have a bunch of money saved up, you could make a simple investment like buying bitcoin or real estate. Income is only one part.

Yeah it totally depends on our life style. There are many person who can saving some part of their money every month although they just earning $300, and there are also many person who earning over $1,000 every month but they spend it all.

One wise man said, that rich man is not a person who makes a lot of money, but who doesn't spend anything. What do you think about recycling paper, plastic bottles and organic trash? It could be great business in present ecological crisis.

Some people dont like recycled things, because those quality isnt as good as the conventional products, or because those prices are more higher. You have to try hardly and have patience to get into this business.

[fluturash]

there are many ways to save money .
one thing that me and my family did this year - mvned out from an apparment that we used to pay 450 euro rent / month into a house that needed to get fixed - we are fixing it , for only 150 euros / month rent the 1st year then 300 the next 2 years and 450 euros the next 2 years .  the normal rent for this house is 600 euros / month . we also have a roommate and so we basically stay for free in the house and we are fixing it .
the money we save from the non- exiting rent for the moment will be save and used to purchase a house (we live in Spain but original from Romania ) .
Other ways - buy fresh fruits/vegg from the market and plan meals for the family  .
If we can we sell thing that we no longer need from our kids . We also buy 2nd hand stuff like furniture , books for the kids etc
Use cupons/discounts in the store .
buy stuff from garage sell - only things that we need .
we dont used debit card or credit card . we only use cash .
we also buy ingredients for food from local producers .
this are a few things that come in my mind right now

[btc-facebook]

There are many ways to save money. For example  : investing gold or bitcoin as long as they have quite high value.
If you rich enough, you can save your money by investing through property because their value never down instead they keep increasing every year

[JanaBB]

people used to look for some new sources of money but usually it's enough to decrease our needs:)

[dollarneed]

There are many ways to save money. For example  : investing gold or bitcoin as long as they have quite high value.
If you rich enough, you can save your money by investing through property because their value never down instead they keep increasing every year

Yup agreed politelly
iam planning to invest my money on real estate as we know that their value never down instead they keep increasing  from to time
all we have to do just lookin a best and strategiest property or real estate

[Don007]

There are many ways to save money. For example  : investing gold or bitcoin as long as they have quite high value.
If you rich enough, you can save your money by investing through property because their value never down instead they keep increasing every year

Yup agreed politelly
iam planning to invest my money on real estate as we know that their value never down instead they keep increasing  from to time
all we have to do just lookin a best and strategiest property or real estate

I'm not sure whether investing in real estate is really that profitable these days. It depends where you exactly invest in (and how).

Currently, I think we're in a kind of "bubble" with regard to the Dutch house markets. Prices of houses in popular cities such as Amsterdam rise a lot. And besides that, houses get sold over there for MORE THAN the price the owners of these houses ask for it, which increases the prices even more.  I think soon or later an end will come to such bubbles, as it is very hard for people to pay that amount of money for these houses (it is not as easy to get a mortage over here as it was before).

[Yakamoto]

On the topic of budgets, if it hasn't been mentioned yet, there is a piece of software on steam called "You Need a Budget", which is absolutely great, in my opinion, for people who have a hard time keeping track of everything on a custom spreadsheet.

Now, depending on how much you actually earn, which is none of my business, but after you take away from your normal expenses such as taxes or utilities, you take 50% of the remainder and put it into debts such as mortgages, cell/credit bills and the like, 30% into 401ks and similar savings systems, and take the last 20% and have it as spending money that you can use however you see fit. It's a good idea to tailor that percentage around whatever you see is a best fit for you, however.

[TakeitDo]

I spend way too much on eating out and coffee. I spend about $2.00 on coffee everyday - that's $40/month, nearly $500 each year.

I also buy lunch frequently, nearly $5k every year on dining out that's crazy if you think about it in big sums.

[lissandra]

I spend way too much on eating out and coffee. I spend about $2.00 on coffee everyday - that's $40/month, nearly $500 each year.

I also buy lunch frequently, nearly $5k every year on dining out that's crazy if you think about it in big sums.

I used to be the same until switched everything around and added up everything on a excel spread sheet.

And having more money in my pocket goal, so I can go do something special if I decide to do it.

I cut down on going out to eat, and took it upon myself to cook at home. And negotiating bills and services for the same service or downgrade a bit.

[luciann]

iam planning to invest my money on real estate therefore iam looking for the best and stragiest real estate in my city but cheap,and i wish someday the price will getting high

just keep in mind that real estate is a good option, but it can be a double edge sword.

some people overlook at the total expenses after the home sale, like fixing up things later down the road or paying the monthly HOA fee and other things that add up. And that itself is a nightmare for people to wait out on owning a home as a investment.

[btccashacc]

how to save money???
buy bitcoin and hold it

[malphite]

there are many ways to save money .
one thing that me and my family did this year - mvned out from an apparment that we used to pay 450 euro rent / month into a house that needed to get fixed - we are fixing it , for only 150 euros / month rent the 1st year then 300 the next 2 years and 450 euros the next 2 years .  the normal rent for this house is 600 euros / month . we also have a roommate and so we basically stay for free in the house and we are fixing it .
the money we save from the non- exiting rent for the moment will be save and used to purchase a house (we live in Spain but original from Romania ) .
Other ways - buy fresh fruits/vegg from the market and plan meals for the family  .
If we can we sell thing that we no longer need from our kids . We also buy 2nd hand stuff like furniture , books for the kids etc
Use cupons/discounts in the store .
buy stuff from garage sell - only things that we need .
we dont used debit card or credit card . we only use cash .
we also buy ingredients for food from local producers .
this are a few things that come in my mind right now

holy crap thats cheap as hell.

how the hell did you make rent from 600 dollars a month to only.. $150.. did you move to a more lower neighborhood?

cause thats the only conclusion I assume..

[malzahar]

Every time you spend money write it down. Easier to keep track of your expenses if you see them on paper.
Once you know that amount and what you're using it on, you can make informed decisions as to where you can reduce your spending in order to save that money instead.

yes, a budget that you put down on paper/spreadsheet will probably show you some expenses you never really thought of, and its a good idea to add EVERYTHING, even small monthly expenses like $8/month for netflix should be on there, if you dont account for that stuff you're only hurting yourself

You're right in the sense that all the small expenses result in a large expense each month indeed. In order to react on your example of Netflex, some accounts of Netflix allowed you to be shared (with 4 other persons, so in total 5). This makes Netflix really cheap, and much cheaper than a ordinary television contract. Besides that, also on this forum you can find very cheap life-time Netflex account, although I think those account are not legal (thus hacked or something). However, sharing a Netflix account will save you money thus. Especially if you quit your ordinary TV contract.

I mean you can only tally up the #`s so much on excel.

Eventually, you`ll have to cut the loss of whats not needed or lower it significantly. Esp, like internet being on the phone talking about how you can downgrade your service but still have basic internet. From $55 to $14 a month.

I think you bring up good details on how people can really compromise and save money.

But honestly, I know 90% are lazy so they wouldnt go through this process. Most will just try to find other places to earn more then to cut down or try to get overtime from work.

[ajun96]

I spend way too much on eating out and coffee. I spend about $2.00 on coffee everyday - that's $40/month, nearly $500 each year.

I also buy lunch frequently, nearly $5k every year on dining out that's crazy if you think about it in big sums.

large expenditures, it is the habit of the American people, it is difficult to remove the habit

[Dotakels]

I spend way too much on eating out and coffee. I spend about $2.00 on coffee everyday - that's $40/month, nearly $500 each year.

I also buy lunch frequently, nearly $5k every year on dining out that's crazy if you think about it in big sums.

large expenditures, it is the habit of the American people, it is difficult to remove the habit

And its hard to save money with that daily life, you can only save money if your salary is high and you have only a simple life with simple needs and maybe sometime bought your wants.