How to save money.

[jakelyson]

Saving money can be done in many ways but best is to jsut check where most of your money goes to and then try to cut the expenses that are not needed.
Just spend the money you have to spend and safe most of the rest which is left.

I do it the other way around. I set an amount I want to save. Every payday, I take that amount from my pay and save it somewhere. Then I live with what is left. If that amount is not enough, I check my expenses and remove all unnecessary expenses that I have. If that is not yet enough, then I know that I need more income or another source of income so I can survive until next payday.

[Zadicar]

Saving money can be done in many ways but best is to jsut check where most of your money goes to and then try to cut the expenses that are not needed.
Just spend the money you have to spend and safe most of the rest which is left.

I do it the other way around. I set an amount I want to save. Every payday, I take that amount from my pay and save it somewhere. Then I live with what is left. If that amount is not enough, I check my expenses and remove all unnecessary expenses that I have. If that is not yet enough, then I know that I need more income or another source of income so I can survive until next payday.

I doing the same  thing also bro, which is  very effective on saving  up  money. When   on payday  i always get a partition on  my salary and save it and dont spend  it  no matter what circumstances. If  i got  overdroped  in my budget i  do some cutting on my expenses so that  in next time my salary would be already enough.

[bamboylee]

One of the best way to save money especially if you don't have a bank account, is by having a piggy bank. You may find it hard and not effective because you will be opening and spending it in a day or two, but I have a technique you can use selective saving. Basically, you choose a denomination or a bill like $1, $5, $10, $20, $50, $100 or what so ever, and every time you are given money, you spend or get your salary and see your chosen bill, you take it aside and save it. So if you choose $10. you take it aside and save it every time you have one. Maybe after a month you can see it for yourself, a piggy bank full of $10. 

This is a good advice on how to save. Personally, I am not successful using piggy bank. Every time I have a significant amount saved in the piggy bank, I am tempted to break it and spend the money. So it is better for me to open a bank account and cut the ATM. This way, I do not have any easy access on my money and I can't spend it even if I am tempted to do it.

[Mastsetad]

Saving money can be done in many ways but best is to jsut check where most of your money goes to and then try to cut the expenses that are not needed.
Just spend the money you have to spend and safe most of the rest which is left.

I do it the other way around. I set an amount I want to save. Every payday, I take that amount from my pay and save it somewhere. Then I live with what is left. If that amount is not enough, I check my expenses and remove all unnecessary expenses that I have. If that is not yet enough, then I know that I need more income or another source of income so I can survive until next payday.

Your way is also not bad, but the thing is that not everyone can manage to get another income like you so if they save the amount at first and later on they find out the remaining amount is not enough for them they start panicing because they cant find another source of income then.

[iqlimasyadiqa]

everyone has their own way. saving money is easy. but the most difficult is how to how to manage the money we have.
we should be able to manage so that expenditure can be smaller than income.

[SvenBomvolen]

   Only way for saving money is making more then you spend every month. If you make less then you spend probably saving will not work well for you. It is a basic of saving. If you are not in situation to save then you need to cut your expenses somehow, and then you can think about saving.
   I save something small every month, I`m in such situation. Over the years I accumulated some nice money, but that is for my kid and family. If we ever need a bit more money, you never know what is coming. For that reasons it`s good to have something on a side, for black days how people like to say. No matter how much, try to put something on a side every time you can and that is easiest way for saving.

[agustina2]

Saving money can be done in many ways but best is to jsut check where most of your money goes to and then try to cut the expenses that are not needed.
Just spend the money you have to spend and safe most of the rest which is left.

I do it the other way around. I set an amount I want to save. Every payday, I take that amount from my pay and save it somewhere. Then I live with what is left. If that amount is not enough, I check my expenses and remove all unnecessary expenses that I have. If that is not yet enough, then I know that I need more income or another source of income so I can survive until next payday.

That's why decent income is the key so that people can saved money well even without those hard strategy and tips to be done.

Once people's income can covered all daily needs and spendings and there will be money left, saving the money is just an ease since all they need to do is to managed the money left.

[Supercrypt]

Saving money can be done in many ways but best is to jsut check where most of your money goes to and then try to cut the expenses that are not needed.
Just spend the money you have to spend and safe most of the rest which is left.

I do it the other way around. I set an amount I want to save. Every payday, I take that amount from my pay and save it somewhere. Then I live with what is left. If that amount is not enough, I check my expenses and remove all unnecessary expenses that I have. If that is not yet enough, then I know that I need more income or another source of income so I can survive until next payday.

That's why decent income is the key so that people can saved money well even without those hard strategy and tips to be done.

Once people's income can covered all daily needs and spendings and there will be money left, saving the money is just an ease since all they need to do is to managed the money left.

But in my opinion, regardless of your income amount you must have the habit of saving. I mean to say you when you are earning very low amount, still you must save some 10% of your earning amount. It is possible when you are having a lifestyle based on your salary. Saving will be possible to any one as living is possible within the salary we are getting.

[john2231]

Saving money can be done in many ways but best is to jsut check where most of your money goes to and then try to cut the expenses that are not needed.
Just spend the money you have to spend and safe most of the rest which is left.

I do it the other way around. I set an amount I want to save. Every payday, I take that amount from my pay and save it somewhere. Then I live with what is left. If that amount is not enough, I check my expenses and remove all unnecessary expenses that I have. If that is not yet enough, then I know that I need more income or another source of income so I can survive until next payday.

That's why decent income is the key so that people can saved money well even without those hard strategy and tips to be done.

Once people's income can covered all daily needs and spendings and there will be money left, saving the money is just an ease since all they need to do is to managed the money left.

But in my opinion, regardless of your income amount you must have the habit of saving. I mean to say you when you are earning very low amount, still you must save some 10% of your earning amount. It is possible when you are having a lifestyle based on your salary. Saving will be possible to any one as living is possible within the salary we are getting.

Yeah right we should save even a small amount every time you get bitcoins or even here in our signature campaign.. we can save our bitcoins for our future..  savings is one of the good way to have a dream someday that you can use for your business or something that can bring you more money in the future.

[xht]

everyone has their own way. saving money is easy. but the most difficult is how to how to manage the money we have.
we should be able to manage so that expenditure can be smaller than income.

How can you say saving is easy, you can saving money after cut off the spends. You can save money after reduce spending and is the problem that always makes it hard how to save money.

[TheUltraElite]

As long as you keep track of your earnings and your expenditure, you should not have much difficulty in saving. Try to keep a certain ratio between the two, like 40% of earnings go to saving and rest 60% to expenses. Emergencies may arise then you may need to spend more. But every month try to maintain it and you should do fine.

[V1saya]

As long as you keep track of your earnings and your expenditure, you should not have much difficulty in saving. Try to keep a certain ratio between the two, like 40% of earnings go to saving and rest 60% to expenses. Emergencies may arise then you may need to spend more. But every month try to maintain it and you should do fine.

My monthly salary goes like this:

50% - savings
20% - city room rent/electricity/water
12% - pocket money
10% - mom's allowance
  8% - apartment rent at home

It really feels so good when you have a fixed monthly budget. Any savings or extra income is a bonus.

[Orion25]

As long as you keep track of your earnings and your expenditure, you should not have much difficulty in saving. Try to keep a certain ratio between the two, like 40% of earnings go to saving and rest 60% to expenses. Emergencies may arise then you may need to spend more. But every month try to maintain it and you should do fine.

My monthly salary goes like this:

50% - savings
20% - city room rent/electricity/water
12% - pocket money
10% - mom's allowance
  8% - apartment rent at home

It really feels so good when you have a fixed monthly budget. Any savings or extra income is a bonus.

If we follow your advice and spend money as you say, it's the same as dying with my salary.

[fravia]

everyone has their own way. saving money is easy. but the most difficult is how to how to manage the money we have.
we should be able to manage so that expenditure can be smaller than income.

thats true, but i think the easiest way of saving your money might be just putting it to bitcoin cold storage

[bamboylee]

As long as you keep track of your earnings and your expenditure, you should not have much difficulty in saving. Try to keep a certain ratio between the two, like 40% of earnings go to saving and rest 60% to expenses. Emergencies may arise then you may need to spend more. But every month try to maintain it and you should do fine.

40% of your earnings is too  high of a target. Normal people receiving minimum salary will have a hard time keeping up and will frustrate them. Soon they will stop saving because of that. It is better to save small percentage but can be consistently done without straining too much your budget.

[Mr. Big]

As long as you keep track of your earnings and your expenditure, you should not have much difficulty in saving. Try to keep a certain ratio between the two, like 40% of earnings go to saving and rest 60% to expenses. Emergencies may arise then you may need to spend more. But every month try to maintain it and you should do fine.

40% of your earnings is too  high of a target. Normal people receiving minimum salary will have a hard time keeping up and will frustrate them. Soon they will stop saving because of that. It is better to save small percentage but can be consistently done without straining too much your budget.

Yup, 40$ was too high, not all of us is high earners where we could keep almost half of out salary, mostly we just receive enough salary so keeping 40% of it might just compromise your living or might result to problem... I think computing about how much you will save should be after buying all your basic needs, the leftover money should be the target of our savings, that's the money where we could mess around whether we are going to save it all or spending it to something else... 

[goldcoinminer]

As long as you keep track of your earnings and your expenditure, you should not have much difficulty in saving. Try to keep a certain ratio between the two, like 40% of earnings go to saving and rest 60% to expenses. Emergencies may arise then you may need to spend more. But every month try to maintain it and you should do fine.

40% of your earnings is too  high of a target. Normal people receiving minimum salary will have a hard time keeping up and will frustrate them. Soon they will stop saving because of that. It is better to save small percentage but can be consistently done without straining too much your budget.

Yup, 40$ was too high, not all of us is high earners where we could keep almost half of out salary, mostly we just receive enough salary so keeping 40% of it might just compromise your living or might result to problem... I think computing about how much you will save should be after buying all your basic needs, the leftover money should be the target of our savings, that's the money where we could mess around whether we are going to save it all or spending it to something else... 

The most conservative approach IMO is just to save at least 10% of your earnings so you can still live a normal life, we are living in this world to enjoy and do our responsibility in the society and that is to balance of way of living as well. If we save at least 40% of our earnings we are not living a balance life.

[Doms]

As long as you keep track of your earnings and your expenditure, you should not have much difficulty in saving. Try to keep a certain ratio between the two, like 40% of earnings go to saving and rest 60% to expenses. Emergencies may arise then you may need to spend more. But every month try to maintain it and you should do fine.

40% of your earnings is too  high of a target. Normal people receiving minimum salary will have a hard time keeping up and will frustrate them. Soon they will stop saving because of that. It is better to save small percentage but can be consistently done without straining too much your budget.

That is indeed high, bordering on ideal already. What should be standard is between 10 and 20% for average income earners. But for those who earn big, I think they can afford to save at least 30% of their incomes. But these things are easier said than done because each time our salary increases, lifestyle creep seems to take hold of us. There are those who adjust their spendings based on how much increase they get and don't increase their savings accordingly.

[MONKEYJUNK]

everyone has their own way. saving money is easy. but the most difficult is how to how to manage the money we have.
we should be able to manage so that expenditure can be smaller than income.

I don't know what's the point of saving money for "nothing"... You have to have a thing you want to buy or something like that or you will private yourself from nice stuffs in this way.

[Positid]

everyone has their own way. saving money is easy. but the most difficult is how to how to manage the money we have.
we should be able to manage so that expenditure can be smaller than income.

I don't know what's the point of saving money for "nothing"... You have to have a thing you want to buy or something like that or you will private yourself from nice stuffs in this way.

I think we all save because we have a goal in the future, either we will be able to buy new things like new phone or something and those smart people are saving their money for the future investment and I belong to that group of people because I care for my future.