How to save money.

[salek11]

This. Time is money.
Of course everyone, or almost everyone could be able to save one dollar from this current monthly expenses, but so what? It doesn't change anything. You would need ages to have something worth investing in, and like you said before, during this way, you'll probably need that money for something vital, which means going back to 0 and no investing for you.
Being born poor is a trap. A total scam.

The very best method to saving money is to create a Budget.
With a budget you figure out what your income is and what your expenses are.
Once you know these two things, you can look for ways to reduce your expenses or increase your income to allocate an amount of money that you can afford to save.

[Erdogan]

The meme "Time is money" is just short for being quick to react, don't let real capital stand unused, and such things. "Time is money" can also be said of working hours that a person is capable of, in case he is hired on a time basis. But time is not really money. Money is just the most liquid valuable stuff on the market, the stuff that it is good to come back to when you have finished a project, because when you have money, you are free to chose to engage in any kind of projects.

[mearylll]

This. Time is money.
Of course everyone, or almost everyone could be able to save one dollar from this current monthly expenses, but so what? It doesn't change anything. You would need ages to have something worth investing in, and like you said before, during this way, you'll probably need that money for something vital, which means going back to 0 and no investing for you.
Being born poor is a trap. A total scam.

The very best method to saving money is to create a Budget.
With a budget you figure out what your income is and what your expenses are.
Once you know these two things, you can look for ways to reduce your expenses or increase your income to allocate an amount of money that you can afford to save.

That's true.
Budget will give you the exact idea of what your expenses are so that you figure out those expenses and try to reduce it in the next coming months. But as you are used to those expenses it would require a great level of discipline to follow it and increasing income will involve doing some extra part time job.

[wearepoor]

Record your expenses, the first step in saving money is to know how much you are spending. Prepare a Budget and start planning on saving money. And you need to set your saving goals and need to decide your priorities there must different saving and investment strategies for different goals and make saving money easier with automatic transfers to the bank and then watch your savings grow.

[zendantom]

This. Time is money.
Of course everyone, or almost everyone could be able to save one dollar from this current monthly expenses, but so what? It doesn't change anything. You would need ages to have something worth investing in, and like you said before, during this way, you'll probably need that money for something vital, which means going back to 0 and no investing for you.
Being born poor is a trap. A total scam.

The very best method to saving money is to create a Budget.
With a budget you figure out what your income is and what your expenses are.
Once you know these two things, you can look for ways to reduce your expenses or increase your income to allocate an amount of money that you can afford to save.

Find it in your Expenses. Look for an expense to cut and save that money. Some people suggests that you increase your savings by cutting back on lattes or quitting smoking, these are good suggestions but there are  also other big ways to save money.Review you debt payments, track your spending and create a spending plan this will help you to save money in better way.

[Amph]

The meme "Time is money" is just short for being quick to react, don't let real capital stand unused, and such things. "Time is money" can also be said of working hours that a person is capable of, in case he is hired on a time basis. But time is not really money. Money is just the most liquid valuable stuff on the market, the stuff that it is good to come back to when you have finished a project, because when you have money, you are free to chose to engage in any kind of projects.

time is money actually but only when converted(in the sense that you need to use your time to produce money), like everything you can convert into it(money), so basically as long as you can barter your stuff with money they become money

in fact, saving time isn't saving money, it's actually losing money, they are correlated indirectly

[Dotakels]

The meme "Time is money" is just short for being quick to react, don't let real capital stand unused, and such things. "Time is money" can also be said of working hours that a person is capable of, in case he is hired on a time basis. But time is not really money. Money is just the most liquid valuable stuff on the market, the stuff that it is good to come back to when you have finished a project, because when you have money, you are free to chose to engage in any kind of projects.

time is money actually but only when converted(in the sense that you need to use your time to produce money), like everything you can convert into it(money), so basically as long as you can barter your stuff with money they become money

in fact, saving time isn't saving money, it's actually losing money, they are correlated indirectly

Thats right, saving time or spending time in unuseful things means losing money. You can save money but your time is very important, there are different types of importance of time. It can be the time that you can't back or you can't restore.And the another type is the the time that can make a money, theres so many jobs that you wage is depends on your time of work.

[GreenStox]

The meme "Time is money" is just short for being quick to react, don't let real capital stand unused, and such things. "Time is money" can also be said of working hours that a person is capable of, in case he is hired on a time basis. But time is not really money. Money is just the most liquid valuable stuff on the market, the stuff that it is good to come back to when you have finished a project, because when you have money, you are free to chose to engage in any kind of projects.

time is money actually but only when converted(in the sense that you need to use your time to produce money), like everything you can convert into it(money), so basically as long as you can barter your stuff with money they become money

in fact, saving time isn't saving money, it's actually losing money, they are correlated indirectly

Yes, i agree. Time is your natural born, basic asset that every human has and it's scarce. Its your most basic asset & currency that you got.

You can also trade it into anything: to make money with it,  to have pleasure, to waste it, or to make boring things with it.


However unfortunately time is deflationary (in the sense that it decreases in amount and increases in value as you get older), and if you dont spend it quickly, it will evaporate and you will lose it 

[Dotakels]

The meme "Time is money" is just short for being quick to react, don't let real capital stand unused, and such things. "Time is money" can also be said of working hours that a person is capable of, in case he is hired on a time basis. But time is not really money. Money is just the most liquid valuable stuff on the market, the stuff that it is good to come back to when you have finished a project, because when you have money, you are free to chose to engage in any kind of projects.

time is money actually but only when converted(in the sense that you need to use your time to produce money), like everything you can convert into it(money), so basically as long as you can barter your stuff with money they become money

in fact, saving time isn't saving money, it's actually losing money, they are correlated indirectly

Yes, i agree. Time is your natural born, basic asset that every human has and it's scarce. Its your most basic asset & currency that you got.

You can also trade it into anything: to make money with it,  to have pleasure, to waste it, or to make boring things with it.


However unfortunately time is deflationary (in the sense that it decreases in amount and increases in value as you get older), and if you dont spend it quickly, it will evaporate and you will lose it 

Yeah if you just keeping it and you don't know what you are going to do with your money and just saving it and you don't have any goals, its price will decrease in next year.

[deisik]

However unfortunately time is deflationary (in the sense that it decreases in amount and increases in value as you get older), and if you dont spend it quickly, it will evaporate and you will lose it 

If people were allowed to live forever, we would have crowds of zombies purposelessly walking the streets. Just like with air, the utility of time would be next to nothing then...

This reminds me of the movie In Time

[Krang]

This. Time is money.
Of course everyone, or almost everyone could be able to save one dollar from this current monthly expenses, but so what? It doesn't change anything. You would need ages to have something worth investing in, and like you said before, during this way, you'll probably need that money for something vital, which means going back to 0 and no investing for you.
Being born poor is a trap. A total scam.

The very best method to saving money is to create a Budget.
With a budget you figure out what your income is and what your expenses are.
Once you know these two things, you can look for ways to reduce your expenses or increase your income to allocate an amount of money that you can afford to save.

Well budgeting is great but some people barely have enough to feed themselves and if you have more going out than coming in then you're in real trouble and debt enslavement comes in.

[BTCevo]

This. Time is money.
Of course everyone, or almost everyone could be able to save one dollar from this current monthly expenses, but so what? It doesn't change anything. You would need ages to have something worth investing in, and like you said before, during this way, you'll probably need that money for something vital, which means going back to 0 and no investing for you.
Being born poor is a trap. A total scam.

The very best method to saving money is to create a Budget.
With a budget you figure out what your income is and what your expenses are.
Once you know these two things, you can look for ways to reduce your expenses or increase your income to allocate an amount of money that you can afford to save.

Well budgeting is great but some people barely have enough to feed themselves and if you have more going out than coming in then you're in real trouble and debt enslavement comes in.

If that is the problem may be they can start with have some saving first and not directly go for budgeting. Some people sure will need some saving to have enough money so they can do their things. May be they can start from a low earning first to make a good saving after that going to next level and do that step by step

[Krang]

This. Time is money.
Of course everyone, or almost everyone could be able to save one dollar from this current monthly expenses, but so what? It doesn't change anything. You would need ages to have something worth investing in, and like you said before, during this way, you'll probably need that money for something vital, which means going back to 0 and no investing for you.
Being born poor is a trap. A total scam.

The very best method to saving money is to create a Budget.
With a budget you figure out what your income is and what your expenses are.
Once you know these two things, you can look for ways to reduce your expenses or increase your income to allocate an amount of money that you can afford to save.

Well budgeting is great but some people barely have enough to feed themselves and if you have more going out than coming in then you're in real trouble and debt enslavement comes in.

If that is the problem may be they can start with have some saving first and not directly go for budgeting. Some people sure will need some saving to have enough money so they can do their things. May be they can start from a low earning first to make a good saving after that going to next level and do that step by step

How can they save when they haven't or barely got enough to survive? That was my point. People on the breadline can't even afford to save and end up borrowing just to get by then the debt enslavement cycle begins.

[BTCevo]

This. Time is money.
Of course everyone, or almost everyone could be able to save one dollar from this current monthly expenses, but so what? It doesn't change anything. You would need ages to have something worth investing in, and like you said before, during this way, you'll probably need that money for something vital, which means going back to 0 and no investing for you.
Being born poor is a trap. A total scam.

The very best method to saving money is to create a Budget.
With a budget you figure out what your income is and what your expenses are.
Once you know these two things, you can look for ways to reduce your expenses or increase your income to allocate an amount of money that you can afford to save.

Well budgeting is great but some people barely have enough to feed themselves and if you have more going out than coming in then you're in real trouble and debt enslavement comes in.

If that is the problem may be they can start with have some saving first and not directly go for budgeting. Some people sure will need some saving to have enough money so they can do their things. May be they can start from a low earning first to make a good saving after that going to next level and do that step by step

How can they save when they haven't or barely got enough to survive? That was my point. People on the breadline can't even afford to save and end up borrowing just to get by then the debt enslavement cycle begins.

Are you saying about beggar or scavenger? If you say so I ever saw both of them can saved their money to get his child going to school and even going for university and I guess now his child is already got his degree. So it depends on yourselves whether you are get your saving for real or just on saying. Btw both of them is asked by media team to join the reality show to talk about their past and how can they do that just only be beggar and scavenger

[GreenStox]

However unfortunately time is deflationary (in the sense that it decreases in amount and increases in value as you get older), and if you dont spend it quickly, it will evaporate and you will lose it 

If people were allowed to live forever, we would have crowds of zombies purposelessly walking the streets. Just like with air, the utility of time would be next to nothing then...

This reminds me of the movie In Time

Yea exactly, some people are so dumb that they cant spend their time intelligently, life is a competition, no doubt.

Even though there are many marxists here that dont recignize it, but reality is reality, people must work with what they have, and stealing is immoral.

I saw that movie, i agree that that would be the best and most fair thing to do, use time as the basic currency, but it should be stored in a blockchain so that nobody can steal it from you 

[GreenStox]

This. Time is money.
Of course everyone, or almost everyone could be able to save one dollar from this current monthly expenses, but so what? It doesn't change anything. You would need ages to have something worth investing in, and like you said before, during this way, you'll probably need that money for something vital, which means going back to 0 and no investing for you.
Being born poor is a trap. A total scam.

The very best method to saving money is to create a Budget.
With a budget you figure out what your income is and what your expenses are.
Once you know these two things, you can look for ways to reduce your expenses or increase your income to allocate an amount of money that you can afford to save.

Well budgeting is great but some people barely have enough to feed themselves and if you have more going out than coming in then you're in real trouble and debt enslavement comes in.

If that is the problem may be they can start with have some saving first and not directly go for budgeting. Some people sure will need some saving to have enough money so they can do their things. May be they can start from a low earning first to make a good saving after that going to next level and do that step by step

How can they save when they haven't or barely got enough to survive? That was my point. People on the breadline can't even afford to save and end up borrowing just to get by then the debt enslavement cycle begins.

Only an idiot bank would hold the debt on their balance sheet. Your debt is an asset for the bank, but it's a very risky one.

So if this fiat ponzi scheme would continue, you would see people having like 1000 loans, and the current loan would pay the previous , like a cycle.

But the banks would allow you to have infinite loans, however the interest amount will always raise, so you would have to borrow more and more.

However banks would not keep those toxic assets on their balance, they would securitize it, and sell it to investors and traders for a fixed price, with some 10-15% discount, depending on risk and your other loans factor and income.

It would be a huge global ponzi scheme, but i think unless crypto currencies prevail , this is what the future will be 

[Krang]

Are you saying about beggar or scavenger? If you say so I ever saw both of them can saved their money to get his child going to school and even going for university and I guess now his child is already got his degree. So it depends on yourselves whether you are get your saving for real or just on saying. Btw both of them is asked by media team to join the reality show to talk about their past and how can they do that just only be beggar and scavenger

I'm not sure I understand you entirely but regardless of if some beggars or scavengers can break free of poverty there are many who can't. In fact most find it difficult especially if you're in debt though of course it is always possible but when you can barely afford to eat saving money is the last thing on your mind as you do not have that luxury.

[MF Doom]

I would second whoever mentioned having a cash reserve.  That way if your car breaks, you have a medical expense, etc, you dont have to put it on a credit card.  The way I see credit cards is you are constantly behind, and chasing the payoff amount.  With cash, you are always ahead, and probably LESS likely to spend it on superfluous stuff (like most people do with credit cards)

[olcaytu2005]

 if you buy something -especially expensive things like house, land, car etc..-  with loan you can save money . Coz everyone tend to trifle away their money .

[GreenStox]

 if you buy something -especially expensive things like house, land, car etc..-  with loan you can save money . Coz everyone tend to trifle away their money .

With loan? Haha that is a nice shill for the banksters.

The premium thata bank earns on loan usually is more than 200%. If you buy a 20.000€ house you usually have to pay back like 60.000€ after 20 years.

It's a bit sad that you would want to give away that much, the inflation will not be bigger than the interest you pay, so you pay way too much that way.