How to save money.

[roadbits]

To save money first of all you need to be able to have excess money. A lot of people out there can't have excess of money simply because they get exactly right about enough money to pay bills, food, basic expenses, then they are back to 0. Every month, without a escape from this loop. This is why in capitalism most of the old money remains in old money's hand. If you are able to save money you are part of a privileged class.

Yes that is fact what you said but when it comes to saving part then you need to rethink how you can change your life style to save some money from your current earnings or you try to increase your earnings to save money. There may many ways people can save from what ever their earnings but they have to change their life style for that to happen.

[Everybitbit]

buy house and car, and pay for it every month. thats the only way save money..

[Amph]

buy house and car, and pay for it every month. thats the only way save money..

i would say rent the house, at least you can manage to earn something and spend more on other things if the house is already payed completely

there are always a huge demand for house, it should be worth it

[bitcoinbettingtips]

buy house and car, and pay for it every month. thats the only way save money..

Buys car is not saving money but spending money because once after you buy the car price will come down and you investments will go down. I don't know how it can be savings?

[nydiacaskey01]

buy house and car, and pay for it every month. thats the only way save money..

If long term saving yes buying your own house is better than renting a house. You will be surprised to know that the monthly amortization for buyung a house is somewhat near the amount you pay for the rent.

Buying a car?... I dont think you can save with buying your own car since car needs maintenance so I think this is more like an added expenses

[Bluto]

buy house and car, and pay for it every month. thats the only way save money..

Buys car is not saving money but spending money because once after you buy the car price will come down and you investments will go down. I don't know how it can be savings?

Maybe they meant "pay it off as soon as possible", in which case, yes, you can save a lot of money.

[sana9821]

i believe that you have to buy only the things you really need and nothing else also you shouldnt gamble at all as it would make you loose more and more money

[Bluto]

i believe that you have to buy only the things you really need and nothing else also you shouldnt gamble at all as it would make you loose more and more money

I agree, however I've gambled in casino and won a bit. Of course, I was lucky so I didnt loose any yet! 

[Dotakels]

buy house and car, and pay for it every month. thats the only way save money..

Buys car is not saving money but spending money because once after you buy the car price will come down and you investments will go down. I don't know how it can be savings?

if you don't need to buy a car to go to your office you can commute or you can use a bicycle by using bicycle you save your money every month and you can have an exercise with it.

[futurebit640]

i believe that you have to buy only the things you really need and nothing else also you shouldnt gamble at all as it would make you loose more and more money

That is true one shouldn't buy unwanted things more to save money but also one can look always how to increase their earning to save more

I agree, however I've gambled in casino and won a bit. Of course, I was lucky so I didnt loose any yet! 

It is good that you didn't go again and again to try your luck in gambling because luck will not come every day so if you win enjoy it and take some brake and you should gamble just for fun but not for becoming rich.

[Abiky]

I've been saving money ever since I got scammed many times by cloud mining services. After that, I just started to save more and more to recoup my losses. Below, you can see a preview of a list that I've made to keep track of my income, expenses and trading on Bitcoin and other alts. 

[Mikestang]

A good way to start saving is any time you purchase something on sale, take the money you "saved" and put it away; actually save it!  Otherwise you just end up spending what you saved and you don't save anything. 

[~Bitcoin~]

Good post, but saving 20% will not be enough in my context. I only earn around 200$ per month with 12 hour work. If i save 20% it will be 40$ that 4000 here and talking about medical expenses it is the cost for one body check. Earning and salary are not as good as yours in most of the developing countries like here in Nepal. It is very hard to leave and save here. 

[lemipawa]

Good post, but saving 20% will not be enough in my context. I only earn around 200$ per month with 12 hour work. If i save 20% it will be 40$ that 4000 here and talking about medical expenses it is the cost for one body check. Earning and salary are not as good as yours in most of the developing countries like here in Nepal. It is very hard to leave and save here. 

start with just small savings like 5% maybe of your pay, its not the amount that matters, it's what you have saved for the rainy days. It's never too late in saving for future use

[sukamasoto]

Saving money can be done by many ways, for example safe money on bank, or investing gold , land , or other valuable property.
We need a good management to take care our money in good way since we can't predict some event that need fund in rush

[iqlimasyadiqa]

A good way to start saving is any time you purchase something on sale, take the money you "saved" and put it away; actually save it!  Otherwise you just end up spending what you saved and you don't save anything. 

I think saving money is not too good. will not make your money grow. you should use your money to entrepreneurship, open sales or speculation by way of bitcoin trading. moving better than nothing.

[Falconer]

A good way to start saving is any time you purchase something on sale, take the money you "saved" and put it away; actually save it!  Otherwise you just end up spending what you saved and you don't save anything. 

I think saving money is not too good. will not make your money grow. you should use your money to entrepreneurship, open sales or speculation by way of bitcoin trading. moving better than nothing.

Even though you want to invest your money or build a profitable business, saving money is the most important thing. So if your business is failed, you wont lose all your money.

[MinerHQ]

A good way to start saving is any time you purchase something on sale, take the money you "saved" and put it away; actually save it!  Otherwise you just end up spending what you saved and you don't save anything. 

I think saving money is not too good. will not make your money grow. you should use your money to entrepreneurship, open sales or speculation by way of bitcoin trading. moving better than nothing.

If you want to do any trading or any investments for that first every one should save money otherwise how one can invest money?

[oblivi]

Good post, but saving 20% will not be enough in my context. I only earn around 200$ per month with 12 hour work. If i save 20% it will be 40$ that 4000 here and talking about medical expenses it is the cost for one body check. Earning and salary are not as good as yours in most of the developing countries like here in Nepal. It is very hard to leave and save here. 

Well if you want to look at the positives, the good thing about living in a poor country is a signature campaign can earn you a lot of purchasing power compared to what it earns in more developed countries. For example an Hero Account making a decent amount of monthly posts can make at least 0.4 BTC before you start pushing it too far with too many comments, so that would be about half of your salary by posting on a website.

[Dotakels]

Good post, but saving 20% will not be enough in my context. I only earn around 200$ per month with 12 hour work. If i save 20% it will be 40$ that 4000 here and talking about medical expenses it is the cost for one body check. Earning and salary are not as good as yours in most of the developing countries like here in Nepal. It is very hard to leave and save here. 

Well if you want to look at the positives, the good thing about living in a poor country is a signature campaign can earn you a lot of purchasing power compared to what it earns in more developed countries. For example an Hero Account making a decent amount of monthly posts can make at least 0.4 BTC before you start pushing it too far with too many comments, so that would be about half of your salary by posting on a website.

yeah like here in philippines if your rank is hero member and you are participating in signature campaign you can make 0.4 btc per week or more than that. And 0.04 btc is a big amount here in philippines