Finestream
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September 19, 2016, 02:25:49 AM |
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If you want to save money, my advice is keep your btcs in your btc wallet, never get bitcoin to use into gambling, hyip... and every time you get bitcoin from sig campaign, faucet, or any other ways, send it to your bitcoin wallet, that way in the future you will see your accumulated bitcoin and you will be surprised..
yes you have really given a very good option, i think if you want to save money you just convert your fiat money in to bitcoin and then hold it for the price increase, you should not invest your money any where, so in this way your money will remain safe and its value will continuously increas as the price of bitcoin increase, If you are buying bitcoins with fiat then its not a saving its an investment, but if you are earning it directly without using fiat and saving them without spending then it can be treated as an savings for you. No, you called that both savings and investment and that is the beauty of bitcoin as it can be a currency and investment at the same time, the value may vary from time to time but one thing I am sure is that the longer you hold your bitcoins the more benefits you are getting as it was expected to increase its price in the future.
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JohnBitCo
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September 19, 2016, 02:51:22 AM |
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I believe that many people can not save money because they spend a significant amount of it buying unecessary and expensive things. In that case, the first step is to select what is really necessary, and avoid buying unecessary stuff...
Buy only nessesary things to save the money,
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Caladonian
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September 19, 2016, 03:20:25 AM |
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You should always set priorities for what you really need and what is not. Since many people are not buying only essential items and food and expensive things, it means that they live in abundance and are not concerned about the amount of money spent.
thats the reality if people only knew which is which saving money is not hard but from what is happening right now people always thinks of luxury and enjoyment forgetting for their future so if you can control OP just make a right decision buy only what you really needs and save everything.
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BeGoods
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September 19, 2016, 12:16:21 PM |
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Saving money is the easiest thing to do haha if you cant save money then you are rich because all you gonna do is to spend and to spend and to spend of your money and you dont think the value of your money and thinking that is not good for you
I think saving money is a difficult thing, if saving money is an easy thing i think this thread will never be made, and there are many people who have become rich because of the fact today many people are very wasteful and can not save their money. so they do not become rich?
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Positid
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September 19, 2016, 12:35:48 PM |
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Saving money is the easiest thing to do haha if you cant save money then you are rich because all you gonna do is to spend and to spend and to spend of your money and you dont think the value of your money and thinking that is not good for you
I think saving money is a difficult thing, if saving money is an easy thing i think this thread will never be made, and there are many people who have become rich because of the fact today many people are very wasteful and can not save their money. so they do not become rich? It is not really hard but not all people has the capacity to save, especially those who are under poverty and they will instead focus on their daily needs to survive rather than thinking on how to grow their money, lucky we are we have the chance to earn and save.
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Noctis Connor
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September 19, 2016, 04:00:51 PM |
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It's not hard, people just have no power of will, most of them just using saved money, need to create a plan, how much can u save and how much you need to spend.
If you are going to save money you need a will to live to do that make money bank everyday you get money dropped a money to money bank maybe 20% or 50% of you money everyday for sure in 2years you can buy what ever you want except house this is too expensive.
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jakelyson
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September 19, 2016, 04:30:04 PM |
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Just simply don't spend your money if you don't have to
I was trying to do that all my life but it does not work. If all your thinking is not spending your money, then you will be spending them. I think the more I think not to spend, the more I spend. It is weird, right? The thing that worked for me is to put away the money you intend to save in a place you can't touch. You do this right after you receive your salary.
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PanZerrr
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September 19, 2016, 08:18:55 PM |
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This is my first post. Please do respect
My post intention is to help readers to save their money.
Some of the employee are not saving their money. They spend it on things that they dont need. For example gadgets,buying a concert ticket, accesories, etc.Buying things that not they need is also like a wasting money. Because this thing give a happiness not a good life. Saving money is just like securing your future because your savings can help you in emergencies. These are the way to save money . If you are empolyee. You must save atleast 20% of your salary. The 20% of your salary divides into two .
The 1st way : cash reserves- medical insurance, retirement, life insurance and if you not have salary yet. And emergency. But dont spend all of you 10% in this emergency. You must know if the injury is serious o not before you spend the 10%. The cash reserves must equal of your 6 months salary this will help you and ensure you becauas of you loss your job you have extra money .
The 2nd way : investment, business- you can invest in some company so that you have a extra income. And you can also built a small business that will always have an income like apartment.
Example. My wage is $ 7.5 per hour and i work for 8 hours and i work for 20 days. So thar my salary is $1,160 . The 20% of $1,160 is $232 . So that my cash reserves is $ 116 i can spend this money in emergencies and medical insurance. If my 6 month salary is $6,960 i can stop my saving money in cash reserves.
Thank you .
Good estimates unless the salary is very good. If done as you say, it really is possible not only to live with dignity and to postpone for the future. Savings must be economical. It is an axiom.
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starmman
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September 19, 2016, 08:56:40 PM |
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Just simply don't spend your money if you don't have to
I was trying to do that all my life but it does not work. If all your thinking is not spending your money, then you will be spending them. I think the more I think not to spend, the more I spend. It is weird, right? The thing that worked for me is to put away the money you intend to save in a place you can't touch. You do this right after you receive your salary. I have the same problem - I'm very good at spending money, if I have money I spend it - so I make sure that money automatically comes out and goes straight into savings - that way its not accessible meaning I spend and save. I could really do with saving more though.
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BitHodler
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September 19, 2016, 09:03:17 PM |
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Saving money is the easiest thing to do haha if you cant save money then you are rich because all you gonna do is to spend and to spend and to spend of your money and you dont think the value of your money and thinking that is not good for you
I think saving money is a difficult thing, if saving money is an easy thing i think this thread will never be made, and there are many people who have become rich because of the fact today many people are very wasteful and can not save their money. so they do not become rich? Saving money isn't necessarily a difficult thing when you know that making impulsive purchases is a bad thing. Impulsive purchases is what makes people really waste money as they don't need something, but still spend money on it.
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BSV is not the real Bcash. Bcash is the real Bcash.
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dandroid
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September 19, 2016, 09:50:19 PM |
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It's not that easy for everybody, if they have many debts to pay. But a good advice may be applied , I think if you avoid to have a lot of debits to pay or avoid to buy expensive things, this may help you to cut costs...
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useless4
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September 20, 2016, 12:26:27 AM |
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Saving money is the easiest thing to do haha if you cant save money then you are rich because all you gonna do is to spend and to spend and to spend of your money and you dont think the value of your money and thinking that is not good for you
I think saving money is a difficult thing, if saving money is an easy thing i think this thread will never be made, and there are many people who have become rich because of the fact today many people are very wasteful and can not save their money. so they do not become rich? for me it is not difficult at all to be honest, i think that if you want to save money just dont waste it and thats it
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kim.apps
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September 20, 2016, 01:07:46 AM |
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Because of the inflation, saving all the funds is not very smart these days, investing is. I believe the right thing to do is invest and grow them , as saving all the money may lead to losses, because of the reduction of the purchasing power.
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STT
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Exchange 250+ Coins With 0% Fees
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September 20, 2016, 01:53:39 AM |
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Most people dont have enough money to invest, certainly not when they are young. To start off the best thing to do is reduce outgoings, usually that means reduce or eliminate debt. You could call this investing in yourself, if you hold company stock or bond then you are investing in that enterprise . Since consumer finance cost can be very high, its best to pay off the highest interest rates first and that means your own personal debt or at worst reorganise it till you are paying the lowest cost possible. Mortgage debt is often the lowest rate of interest, credit cards the worst though it depends on deals you get. All this amounts to saving money, if afterwards you then have spare capital every month. An excess of earnings to outgoings then you can invest elsewhere
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techfm86
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September 20, 2016, 02:53:37 AM |
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Saving money is not that hard but it can be hard when you do not make much money then it looks like saving money does not really works out.. But even when you cannot put much money on the side it is still smart to do that.
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goldcoinminer
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September 20, 2016, 03:44:06 AM |
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Saving money is not that hard but it can be hard when you do not make much money then it looks like saving money does not really works out.. But even when you cannot put much money on the side it is still smart to do that.
It is only hard when you are not focus on your goal, it is actually easy as long as you have something to save. Regardless of our status in life, we can always save a certain amount if we include that in our plan, saving constantly will always help us in time of trouble.
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Darwin02
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September 20, 2016, 04:05:41 AM |
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Save money is easy if you have self control do not buy anything that you dont need, dont do something that your money will be wasted and of course do not gamble any of it and try to save some of your salary for your own future.
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Mr. Big
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September 20, 2016, 04:06:07 AM |
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Saving money is not that hard but it can be hard when you do not make much money then it looks like saving money does not really works out.. But even when you cannot put much money on the side it is still smart to do that.
It is only hard when you are not focus on your goal, it is actually easy as long as you have something to save. Regardless of our status in life, we can always save a certain amount if we include that in our plan, saving constantly will always help us in time of trouble. Actually if saving money is always in your mind, you can always find a way to produce more money so you could add atleast few bucks in your savings regularly, but if you are an easy go lucky, even if you are poor, then probably you will not save and always have a reason on not saving like "I have no other money" " my mom would give me money soon so I will spend this".. With that attitude, when worst things happen ( you have no money ), for sure you cannot rely on your own... ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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saiha
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September 20, 2016, 06:21:35 AM |
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Save money is easy if you have self control do not buy anything that you dont need, dont do something that your money will be wasted and of course do not gamble any of it and try to save some of your salary for your own future.
This is really the best and easy thing to do. If you have $1 just save 5 - 20 cents to it and just store it to your wallet or piggy bank. And with bitcoin you just need to store it to your cold storage wallet and you must be able to control yourself so that you are going to keep on saving. Learn to know your needs and wants and setting needs to be on your number one list.
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Vires in Numeris
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chaser15
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September 20, 2016, 05:46:00 PM |
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And with bitcoin you just need to store it to your cold storage wallet and you must be able to control yourself so that you are going to keep on saving.
Bitcoin savings must taken seriously. If people wants a bitcoin savings, make sure it doesn't most of the time in regular spendings. Just use their fiat money instead to take of the regular spendings so that bitcoins are just saved. More quantity of saved bitcoins means more value once you will put them now on dumping scene.
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