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Author Topic: How to save money.  (Read 345756 times)
martinacar
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October 12, 2016, 07:27:20 AM
 #3621

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

In a bank is quite a bad option though cause a bank gives such a low return of money that it's not worth it to borrow your money to the bank.
Rather put it in a safe investment which gives a few percent profit per year.
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October 12, 2016, 07:29:33 AM
 #3622

Saving money requires discipline, if the money you saved can be easily withdrawn, you'll be tempted to get your money little by little until you never noticed it's all gone. Just like saving coins in a piggy bank, never try to pick your piggy bank to get a few coins.

You are right with it, because if you have a lot of money and you don't know how to manage that properly then still you are just going to lost it in the end.

Well saving your coins with piggy banks are good enough to help you even small amount, because if you know how to save in small amount.

Then that can predict that you are able to save big amount too.
It doesn't mean that a rich man does not need to save money. In my opinion, he also must be into saving some money regularly so that he will safeguard himself from future economic crisis. Saving will be handy to anyone as we do not know what mystery we are going to face in future. So, having some backup is always good. Saving will save our life and will give peace of mind in emergency situations.
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October 12, 2016, 07:54:15 AM
 #3623

You can easy save money because lots of people are holding bitcoins and when you hold bitcoins youwill save money or i believe peopel will loss
money when they hold becuase hlding is not making money.
eddyubachs
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October 12, 2016, 07:57:16 AM
 #3624

You can easy save money because lots of people are holding bitcoins and when you hold bitcoins youwill save money or i believe peopel will loss
money when they hold becuase hlding is not making money.

But if you are putting money in bitcoins then it becomes an investment for you and it can be risky if price drops in future and saving money doesn't have any risks like investments.
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October 12, 2016, 08:15:10 AM
 #3625

You can save money by doing a lot of extra jobs and putting that extra money into a saving for example this is one way to save money.
Other way to save money includes just saving what you have extra every month from your salary and not spending it all on stuff you don't need.
shane
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October 12, 2016, 08:38:27 AM
 #3626

for me saving money is "holding our money in fiat currency at bank with contract system" . so we can't take our money except we reach our goal in saving money.

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phreaky
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October 12, 2016, 09:21:15 AM
 #3627

The first condition for saving money is to have extra funds that you don't have to spend for your everyday life and needs. Not many people can do this because their income can hardly cover the necessary expenses.

Indeed saving money is all about having those extra funds if you don't have them then a good way to earn them is by doing for example signature campaigns and putting all you receive into a saving straight away.
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October 12, 2016, 09:30:42 AM
 #3628

The first condition for saving money is to have extra funds that you don't have to spend for your everyday life and needs. Not many people can do this because their income can hardly cover the necessary expenses.

Indeed saving money is all about having those extra funds if you don't have them then a good way to earn them is by doing for example signature campaigns and putting all you receive into a saving straight away.

Yes that's a good way to save money and whatever I am earning in bitcoin I am saving all of them for the future as I have full time job that is taking care of my expenses so there is no point in spending bitcoins at a moment.
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October 12, 2016, 11:25:04 AM
 #3629

The first condition for saving money is to have extra funds that you don't have to spend for your everyday life and needs. Not many people can do this because their income can hardly cover the necessary expenses.

Indeed saving money is all about having those extra funds if you don't have them then a good way to earn them is by doing for example signature campaigns and putting all you receive into a saving straight away.

Yes that's a good way to save money and whatever I am earning in bitcoin I am saving all of them for the future as I have full time job that is taking care of my expenses so there is no point in spending bitcoins at a moment.

that would be one of the challenges in saving as not all people have jobs that can give them extra after all their expenses. some only have enough to pay bills and to put food on the table. i think the good thing to do for these situations are to make use of any extra incomes likes bonuses and incentives from your work and place them under your savings. avoiding unnecessary expenses also would be very important. so it may be a challenge to same but you may very well thank yourself in the future if you save even if it's hard

 
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October 12, 2016, 11:42:26 AM
 #3630

The first condition for saving money is to have extra funds that you don't have to spend for your everyday life and needs. Not many people can do this because their income can hardly cover the necessary expenses.

Indeed saving money is all about having those extra funds if you don't have them then a good way to earn them is by doing for example signature campaigns and putting all you receive into a saving straight away.

Yes that's a good way to save money and whatever I am earning in bitcoin I am saving all of them for the future as I have full time job that is taking care of my expenses so there is no point in spending bitcoins at a moment.

that would be one of the challenges in saving as not all people have jobs that can give them extra after all their expenses. some only have enough to pay bills and to put food on the table. i think the good thing to do for these situations are to make use of any extra incomes likes bonuses and incentives from your work and place them under your savings. avoiding unnecessary expenses also would be very important. so it may be a challenge to same but you may very well thank yourself in the future if you save even if it's hard
I think that is not an excuse, although we are earning a small amount of money we still need to save, prioritizing our needs is the most important thing to do and you cannot do that without discipline, sometimes we are just contented of what we are earning because we feel there is no chance to increase our income but we are wrong we need to work hard for our future.

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October 12, 2016, 11:53:11 AM
 #3631

The first condition for saving money is to have extra funds that you don't have to spend for your everyday life and needs. Not many people can do this because their income can hardly cover the necessary expenses.

Indeed saving money is all about having those extra funds if you don't have them then a good way to earn them is by doing for example signature campaigns and putting all you receive into a saving straight away.

Yes that's a good way to save money and whatever I am earning in bitcoin I am saving all of them for the future as I have full time job that is taking care of my expenses so there is no point in spending bitcoins at a moment.

that would be one of the challenges in saving as not all people have jobs that can give them extra after all their expenses. some only have enough to pay bills and to put food on the table. i think the good thing to do for these situations are to make use of any extra incomes likes bonuses and incentives from your work and place them under your savings. avoiding unnecessary expenses also would be very important. so it may be a challenge to same but you may very well thank yourself in the future if you save even if it's hard
I think that is not an excuse, although we are earning a small amount of money we still need to save, prioritizing our needs is the most important thing to do and you cannot do that without discipline, sometimes we are just contented of what we are earning because we feel there is no chance to increase our income but we are wrong we need to work hard for our future.

Yeah and we cannot depend only on investments in future as if your investment goes wrong then in that case you will be left with nothing and at that time saving will help you out.

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October 12, 2016, 12:23:25 PM
 #3632

The first condition for saving money is to have extra funds that you don't have to spend for your everyday life and needs. Not many people can do this because their income can hardly cover the necessary expenses.

Indeed saving money is all about having those extra funds if you don't have them then a good way to earn them is by doing for example signature campaigns and putting all you receive into a saving straight away.

Yes that's a good way to save money and whatever I am earning in bitcoin I am saving all of them for the future as I have full time job that is taking care of my expenses so there is no point in spending bitcoins at a moment.

that would be one of the challenges in saving as not all people have jobs that can give them extra after all their expenses. some only have enough to pay bills and to put food on the table. i think the good thing to do for these situations are to make use of any extra incomes likes bonuses and incentives from your work and place them under your savings. avoiding unnecessary expenses also would be very important. so it may be a challenge to same but you may very well thank yourself in the future if you save even if it's hard
I think that is not an excuse, although we are earning a small amount of money we still need to save, prioritizing our needs is the most important thing to do and you cannot do that without discipline, sometimes we are just contented of what we are earning because we feel there is no chance to increase our income but we are wrong we need to work hard for our future.

Yeah and we cannot depend only on investments in future as if your investment goes wrong then in that case you will be left with nothing and at that time saving will help you out.
Investment is good but only up to the extent that we can afford to lose, there is no guarantee that we can earn in the future because everything was a gamble base on our prediction and analyzes in the present situation, be smart and do not be greedy.

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October 12, 2016, 12:46:55 PM
 #3633

The first condition for saving money is to have extra funds that you don't have to spend for your everyday life and needs. Not many people can do this because their income can hardly cover the necessary expenses.

Indeed saving money is all about having those extra funds if you don't have them then a good way to earn them is by doing for example signature campaigns and putting all you receive into a saving straight away.

Yes that's a good way to save money and whatever I am earning in bitcoin I am saving all of them for the future as I have full time job that is taking care of my expenses so there is no point in spending bitcoins at a moment.

that would be one of the challenges in saving as not all people have jobs that can give them extra after all their expenses. some only have enough to pay bills and to put food on the table. i think the good thing to do for these situations are to make use of any extra incomes likes bonuses and incentives from your work and place them under your savings. avoiding unnecessary expenses also would be very important. so it may be a challenge to same but you may very well thank yourself in the future if you save even if it's hard
I think that is not an excuse, although we are earning a small amount of money we still need to save, prioritizing our needs is the most important thing to do and you cannot do that without discipline, sometimes we are just contented of what we are earning because we feel there is no chance to increase our income but we are wrong we need to work hard for our future.

Yeah and we cannot depend only on investments in future as if your investment goes wrong then in that case you will be left with nothing and at that time saving will help you out.
Investment is good but only up to the extent that we can afford to lose, there is no guarantee that we can earn in the future because everything was a gamble base on our prediction and analyzes in the present situation, be smart and do not be greedy.

i agree on your statement everything that has money involve in it is has it risk their is no 100% sure that you will get the profit but if your good enough in making decision. .then you will be lessen you lost.
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October 12, 2016, 12:53:12 PM
 #3634

Some people are saving their money into bitcoin, sure its a risky attempt that might result into a great investment, because the halving, people might get their investments doubled, while they save their bitcoins.
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October 12, 2016, 01:25:27 PM
 #3635

Some people are saving their money into bitcoin, sure its a risky attempt that might result into a great investment, because the halving, people might get their investments doubled, while they save their bitcoins.

Saving their money into bitcoin is not saving actually, it's an investment. Saving money is different from saving bitcoin.

In saving fiat money, we are dealing with future problems without worrying much of the value of it, since fiat money doesn't undervalued in an instant. It needs at least more decades and just a small percentage of it are undervalued.

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October 12, 2016, 07:30:33 PM
 #3636

I think that is not an excuse, although we are earning a small amount of money we still need to save, prioritizing our needs is the most important thing to do and you cannot do that without discipline, sometimes we are just contented of what we are earning because we feel there is no chance to increase our income but we are wrong we need to work hard for our future.

Agree. Especially, when patience is a virtue you need to have this key element in order to succeed in anything from investing, to saving money and more. You can always choose to save up to 10% of your earnings and either invest it wisely into Gold, Bitcoin or other assets as well as having a savings account in your bank which you can use as emergency funds.

In short, it is good to have a well established plan in order to save money and invest it wisely. Just my opinion.  Wink

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October 12, 2016, 07:50:35 PM
 #3637

To save you do not need to remove the leisure of your budget by following the array of primary goods, savings and leisure should not change the order but to save effortlessly but buying a car with saving for me and a done, of course everything depends on the value of the salary.
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October 13, 2016, 02:37:15 AM
 #3638

To save you do not need to remove the leisure of your budget by following the array of primary goods, savings and leisure should not change the order but to save effortlessly but buying a car with saving for me and a done, of course everything depends on the value of the salary.

Well that is why we need to save money because many are aiming to buy good things and wants just like cars and house. And before you are going to save money what you need to do is that you need to have set of list on the things you are going to spend your money. And every time you have money just save 5-10% of it.

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October 13, 2016, 03:03:45 AM
 #3639

To save you do not need to remove the leisure of your budget by following the array of primary goods, savings and leisure should not change the order but to save effortlessly but buying a car with saving for me and a done, of course everything depends on the value of the salary.

No, you have to consider your budget and definitely sacrifice some of your leisure and amusements... You cannot save if you are going to put them and give them a part of your whole budget...If you want to save you have to stay at the same lifestyle all the time... Never ever buying more of what you want than what you need... So if you are planning to buy a car, then start to save now, or engage in business or try to invest in insurances where they could let you loan a car...  Cheesy
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October 13, 2016, 07:05:57 AM
 #3640

To save you do not need to remove the leisure of your budget by following the array of primary goods, savings and leisure should not change the order but to save effortlessly but buying a car with saving for me and a done, of course everything depends on the value of the salary.

No, you have to consider your budget and definitely sacrifice some of your leisure and amusements... You cannot save if you are going to put them and give them a part of your whole budget...If you want to save you have to stay at the same lifestyle all the time... Never ever buying more of what you want than what you need... So if you are planning to buy a car, then start to save now, or engage in business or try to invest in insurances where they could let you loan a car...  Cheesy

You would really need to sacrifice  things  in able to save money and  if there  need to cut off some  budgets and spendings then  you should do it because it a good step  to achieve you goals and plans.  Saving money is somewhat difficult  if  our salary   isnt enough  on  our needs itself.

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