How to save money.

[wxa7115]

One way to save money is to avoid bad debt. While some are on the camp of avoid debt like the plague, personally I believe that there are some debt that cannot be avoided but you still need to be very careful.

A perfect example of what I’m talking about is a mortgage; unless you earn a lot of money, paying a house with cash is impossible, the only other option left is to rent, but if you want or need a house then that is not an option either. If the former options above are not for you then there’s one route left… debt.

I you want to know what not to do you just need to look at news a few years prior to the house bubble.

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[oxiyusuf]

Save it in a bank and stay away from gambling coz it can make your life worst

The only reason I am into bitcoins is because I want to have the control of my own financial operations and act like a bank, just what bitcoin allows me to do, so I would rather save it in crypto than a bank which gives me minimum returns over long periods. About Gambling, yeah no.. Gambling made my life much better: You win some, you lose some. Deal with it bruh

I think you should understand the difference between saving and investing. Your savings in bank will always remains same or add up small % of interest to it in some countries but if you invest in btc there are chances you can gain or loose more also. No guaranty of your returns when you need it.

You can choose an investment that if it's real or not real at least the organizer is a person who can be believed, it could reduce the risk of losing your bitcoin

[n2004al]

Save it in a bank and stay away from gambling coz it can make your life worst

The only reason I am into bitcoins is because I want to have the control of my own financial operations and act like a bank, just what bitcoin allows me to do, so I would rather save it in crypto than a bank which gives me minimum returns over long periods. About Gambling, yeah no.. Gambling made my life much better: You win some, you lose some. Deal with it bruh

I think you should understand the difference between saving and investing. Your savings in bank will always remains same or add up small % of interest to it in some countries but if you invest in btc there are chances you can gain or loose more also. No guaranty of your returns when you need it.

You can choose an investment that if it's real or not real at least the organizer is a person who can be believed, it could reduce the risk of losing your bitcoin

It is easy to tell this but can you tell me someone trusted in internet to whom I can trust my bitcoin? And how you will be sure about your suggestion? What factors you will analyse to make your decision. It is all online and as such untouchable.

[centauribit]

When it comes to saving it's a matter whether one has the discipline to do it. I believe in only spending when it is necessary. The worst is taking loans to buy stuff that depreciate in value.

[wxa7115]

When it comes to saving it's a matter whether one has the discipline to do it. I believe in only spending when it is necessary. The worst is taking loans to buy stuff that depreciate in value.

True but very few have that discipline, easy and cheap credit has erased that from the consciousness of the people. Just a few generations ago, this will have been unthinkable.

[HarHarHar9965]

Save it in a bank and stay away from gambling coz it can make your life worst

The only reason I am into bitcoins is because I want to have the control of my own financial operations and act like a bank, just what bitcoin allows me to do, so I would rather save it in crypto than a bank which gives me minimum returns over long periods. About Gambling, yeah no.. Gambling made my life much better: You win some, you lose some. Deal with it bruh

I think you should understand the difference between saving and investing. Your savings in bank will always remains same or add up small % of interest to it in some countries but if you invest in btc there are chances you can gain or loose more also. No guaranty of your returns when you need it.

You can choose an investment that if it's real or not real at least the organizer is a person who can be believed, it could reduce the risk of losing your bitcoin

It is easy to tell this but can you tell me someone trusted in internet to whom I can trust my bitcoin? And how you will be sure about your suggestion? What factors you will analyse to make your decision. It is all online and as such untouchable.

y'all need to take a chill pill, I've diverted my savings as well as my investments and kept everything organized if anything goes wrong, I have financial back ups and statements which protect and guard my privacy legally. As about investing, I like to invest in bitcoin related businesses rather than just bitcoin, and right now I think I am doing well, not so worried about things atm

[SimpleIn]

Money should always be on the move. They should work for you, and so do not see the point of simply store. The best way is to put them into action.

[Don007]

Money should always be on the move. They should work for you, and so do not see the point of simply store. The best way is to put them into action.

I would like to hear your view on this.

I don't really agree with you, as I suggest EVERYONE to got some spare money (in order to be able to cover unexpected costs).. Otherwise you will have to loan money etc.

[lissandra]

its so hard to save in the first time. But if you continue or keep having a patience you can save. Just follow my idea and you can save as much as you can.

Its good to form good habits.

But eventually you`ll come to realize that its better to earn more then to save a frugal style. Money is meant to be spent while youre alive not when youre dead is the saying, but yeah everyone see it differently.

[luciann]

I think it's better to save the money to buy her something more tangible such as gold and also the home. because if you invest here you will be quite difficult to sell the goods and also every time will be ascending. If I were you I choose to invest like this

Unless you buy the goods into those traditional form.

Remember there was a guy who bought a house for 100 btcs or some ridiculous amount. I know most home buyers wouldnt take the plunge unless they knew the price of bitcoin was back in the 1000`s.

[kenbytes]

The best way to save is to spend less and save more...and do more busines ore something )

[luciann]

The best way to save is to spend less and save more...and do more busines ore something )

Spend less I get, but save more?

I thought the purpose is to spend money eventually, cause whats the point if youre 60 years old and barely touching the money when you know you can die from anything.

[unholycactus]

The best way to save is to spend less and save more...and do more busines ore something )

Spend less I get, but save more?

I thought the purpose is to spend money eventually, cause whats the point if youre 60 years old and barely touching the money when you know you can die from anything.

I agree with you, be frugal in some parts of your life to spend more in others. It's somewhat useless to hoard money without a plan.

[MinerHQ]

The best way to save is to spend less and save more...and do more busines ore something )

Spend less I get, but save more?

I thought the purpose is to spend money eventually, cause whats the point if youre 60 years old and barely touching the money when you know you can die from anything.

Save more means either you should evaluate your current spendings and reduce it to save more or increase your earnings to save more.

[HarHarHar9965]

I think it's better to save the money to buy her something more tangible such as gold and also the home. because if you invest here you will be quite difficult to sell the goods and also every time will be ascending. If I were you I choose to invest like this

Unless you buy the goods into those traditional form.

Remember there was a guy who bought a house for 100 btcs or some ridiculous amount. I know most home buyers wouldnt take the plunge unless they knew the price of bitcoin was back in the 1000`s.

I'm ready to pay 100 btc for a house, please sell it to me Looking at the price rate of today, I would get the home in 20526.00 US Dollar which is a pretty sweet deal, so please I am waiting, where you at Still can't believe who bought a home at 100BTC when 1BTC was 1000$, he bought a home for 1000 x 100= 100,000$, which is not as sweet a deal now, is it?

[oxiyusuf]

I think it's better to save the money to buy her something more tangible such as gold and also the home. because if you invest here you will be quite difficult to sell the goods and also every time will be ascending. If I were you I choose to invest like this

Unless you buy the goods into those traditional form.

Remember there was a guy who bought a house for 100 btcs or some ridiculous amount. I know most home buyers wouldnt take the plunge unless they knew the price of bitcoin was back in the 1000`s.

I'm ready to pay 100 btc for a house, please sell it to me Looking at the price rate of today, I would get the home in 20526.00 US Dollar which is a pretty sweet deal, so please I am waiting, where you at Still can't believe who bought a home at 100BTC when 1BTC was 1000$, he bought a home for 1000 x 100= 100,000$, which is not as sweet a deal now, is it?

Good logic, but bitcoiner certainly have views, estimates, and a different mind, only do that if you think it's good, if lost yes that's bitcoin

[mattiadeabtc]

buy low, sell high, and put the profit in the piggy bank

[Santoso]

Nice advice. I am also looking for a way to save money. I don't know why it is so easy to spend money for buying things that is not so necessary. While the things we need the most and needed big amount of money we feel so hard to do savings and the worst is in the end we take loans on banks. Need to change before it becomes a habit 

[Don007]

Nice advice. I am also looking for a way to save money. I don't know why it is so easy to spend money for buying things that is not so necessary. While the things we need the most and needed big amount of money we feel so hard to do savings and the worst is in the end we take loans on banks. Need to change before it becomes a habit 

I think it is a good start for all of us if we do not take any loans on the bank (except a possible mortgage) or use a credit card. This is actually the worst way to spend money because of the interest you have to pay.  And even with regard to mortgages, please spend a lot of time looking for which kind of mortage is the best for YOU! Remember, what mortgage is the best for you according to the bank, often is not the best for you but the best one for the bank..

Nowadays also crowd-funding websites arise for providing people loans. Maybe we all should look more into those websites and leave banks as they are.

[Dotakels]

Nice advice. I am also looking for a way to save money. I don't know why it is so easy to spend money for buying things that is not so necessary. While the things we need the most and needed big amount of money we feel so hard to do savings and the worst is in the end we take loans on banks. Need to change before it becomes a habit 

Hahahah good decision i am so glad that i helped some people who don't know what their going to do with their money like you, this advice will help you to prevent to spend all of your money without saving, because if you already spent it you will not have an extra money for some emergencies and urgently.