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Author Topic: Best tip on saving money  (Read 7687 times)
Dudeperfect
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December 06, 2017, 04:14:23 PM
 #101

There are mainly three methods of saving money, First one is about earning more money without allowing any hike in our expenses so by default the amount unspent would be more. Another one is to reduce the expenses even if there is no change in the income and it will give the same results. The last one is effective, where you work on reducing the expenses and increasing the income. This is a raw strategy and you can work on one step at a time to achieve good results in every way mentioned above.
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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SilverChromia
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December 06, 2017, 05:05:37 PM
 #102

You can save a lot of money or the best way to save them is to use it only in a good thing. Sometimes it is okay to use money for some not expensive things so you can save a lot of them and use it later or if you have an extra savings you can think something on how can you multiply your earnings or savings without using spending to much money or not wasting a lot of money.

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December 06, 2017, 06:13:42 PM
 #103

Saving money is not possible by everyone in our society .As we being normal human we tend to have craze for something or the other and we live in a generation where people buy things on credit based and they will be paying down payments for each and every luxury they have.As per warren buffet he always says its better to buy things only which you need rather than buying things which is not necessary for you so that you don't end up loosing everything.So its better to keep your money rather than spending it for unwanted luxury.There are various ways in which you can make savings some do make an investment in the stock and share market but it cannot be said as savings but in fact it can be called as an investment as the value of the investment doesn't remain the same as the market keeps changing and hence we can end up either on profit or loss like wise btc investment is a good choice its always best to split the investments so that you don't end up in loss.The simple way to make a saving is also by simply opening a normal savings account.

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December 06, 2017, 06:19:24 PM
 #104

Hi guys! Can you share some tried and tested tricks on making the most out of your buck and also some tips on how to save money more effectively. This will be a heck of a help to our fellow users here. Thank you so much.

If you're a worker of a company with reagular salary, you can divide this salary into little peieces. And you can start buying bitcoin and trusted altcoins with this money. If you can do this for 1-2 year, you will observe a nice value inflation in your portfolio.
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December 06, 2017, 07:04:47 PM
 #105

I suggest you read some books about money saving, Robert Kiyosaki's books are highly suggested. It is best that you have your own strategy and goal using what you have learned. Overcome your fear, take the leap of faith and hope for the best. Greed is good but not too much. Always have a SMART goal.
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December 06, 2017, 07:07:40 PM
 #106

Best Tip :
Calculate your mandatory outcome for the month and remove it from your income.
For the remaining , save half of it for monthly saving, then try to live the month with other half of the rest.
Exactly! the best practice which can not only help you in living a very comfortable life but also in saving some good amount of money which you can use at the time of need is to list down all your expenditures. You then need to cut down all your unnecessary expenditures and then use that money as your saving. Keep on developing this habit of saving money as there could be nothing better than having money in pocket at the time of need.
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December 06, 2017, 07:29:35 PM
 #107

I just leave it at home.  Grin
I dont do ATM's or bank accounts, specially credit cards. That is a hell of a lot of payment and you will be tempted to use it as always when you are in the mall.
Better take the money you will just use and try to just spend that and no more.

Save bitcoin if I were you, then you will have a lot of money.  Grin

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December 06, 2017, 08:09:45 PM
 #108

To save your money you need to manage your money.
Get yourself a goal in which you want to safe in a week/month, then make a list for it.
If you keep track on your money which you spend you will notice you spend a lot of money on things which are not needed.
Good money management will get you far in saving your money.

also something I keep myself to is to not buy anything if I can't afford it twice Wink
The practice which can really be very much profitable in this regard is to cut down all your unnecessary expenditures which actually gives you nothing fruitful. You actually need to manage all your expenditures in a way that you can meet all your expenditures without relying on any other things except your own income. If you will develop this habit of saving money, then it will really help you a lot in having some good amount in your account.

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December 06, 2017, 08:55:53 PM
 #109

You will be surprise to know that some people might have the problem of saving money than earning it. To put it simple, if you can't save you can't be rich.
Mostly, what I do to save money is to put it where it won't be easy for my reach especially when I want to use the money  for future use. I simply invest in a business where I can't assess it easily.

Another way to reduce excess sending and also to save is to avoid credit cards; over the years, I found out that I tend to save  more when I don't renew my expired credit cards.
If you have credit cards, there is always this tenderness to always buy something online, (especially new gadgets Cheesy) even when you know deep down that you don't need them.
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December 06, 2017, 09:00:43 PM
 #110

Do not invest the amount that is ready to lose. Invest 10% of your income.
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December 06, 2017, 09:38:01 PM
 #111

The best tip is: as soon as you get some money, use them to get more money.
Thats how the richest people of the world think and, well, that's the reason why they are rich Smiley

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December 06, 2017, 09:53:53 PM
 #112

The best tip is: as soon as you get some money, use them to get more money.
Thats how the richest people of the world think and, well, that's the reason why they are rich Smiley
When already earn make it earn more is good way to save money. Invest from it even it takes a risk. There is no people become rich and successful who didn't take a risk of their money. We, the small earner must think widely where to use money rather than spending it on not important thing to gain profit and make it grow. Start in small amount and invest it to grow more. In saving money, save some percentage of money from what you earn, invest some percentage, and budget your money brightly.

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December 06, 2017, 09:57:41 PM
 #113

Invest in coin for long term if you want to be confident in it and if you want to just increase your wallet invest in thrash coin and try your luck!

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December 06, 2017, 10:20:53 PM
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 #114

Saving money is a bit tricky in such a world that is crowded with things that almost have a sign on top of them written on it "buy me !" .
It's a bit hard to save your money when smartphones brands release a new iphone each year or that video games need more powerful gears each year , and especially with the global crisis and the  growing fees/expanses/prices of everything that is necessary in our lives , saving money have become a near impossible mission to accomplish !

Yet outsmarting the system ain't that hard if you really set up your mind and control yourself , and nothing is impossible today !
Thanks to lots of IT features , or just self management skills you can limit your spending in order to leave the white dime for the dark days !
By either setting up a spending limit in your credit card , avoiding budget unhealthy practices such as gambling / trash food / useless purchases from website that provide attractive goods that you eventually get bored of after 1 or 2 uses !
Even a money jar can be a solution ! As for myself i have a second account in which i automatically put 25% of my salary each month , to use it in case of an emergency or whenever i have a big project that needs money .
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December 06, 2017, 10:24:10 PM
 #115

Don't do panic selling, it is the worst, if you invest badly just trade it to other after thinking about it cause maybe that coin will pump in next few days.
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December 06, 2017, 11:43:40 PM
 #116

The best tip is: as soon as you get some money, use them to get more money.
Thats how the richest people of the world think and, well, that's the reason why they are rich Smiley
Exactly.People normally has no satisfaction that's why if they have already their money,they still find ways to make more money.Examples are the rich businesssmen who keep on working and investing and definitely start another branch for their business.I think people like these have been very thrifty in spending their money to not so important things but will focus more saving and investing.

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December 07, 2017, 12:19:35 AM
 #117

The most effective way of saving your money is to buy assets( just like the best way to defend is to attack). Get an experienced hand in crypto currency who could teach you where to invest. When you buy a coin  with great potential it becomes an asset.  Buying a scam coin or a coin with low potential is definitely  a liability. You deserve to earn more from the little you have. Save wisely by investing.
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December 07, 2017, 12:26:08 AM
 #118

The best way to save money is to put in bank or to have a business inorder to exapand or to gain more profit.
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December 07, 2017, 02:29:09 AM
 #119

Best tip on saving money is that you need to know your needs from your wants, because it's possible that you are not aware that the wants are becoming your needs. That makes us spend more than we needed to.
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December 07, 2017, 02:32:33 AM
 #120

The best way to save money is to put in bank or to have a business inorder to exapand or to gain more profit.

I don't think so, just buy bitcoin and hold it and it will surprise you how it grows rapidly.
My brother once asked me if he should put his money in his bank account but I suggest him to invest in bitcoin so his money will have more interest than saving in bank. But he didn't believes me, and recently when he saw the bitcoin price he realized how much he could profit if he buy bitcoin and just hold it. Well, regrets are always in the end and now he learned his lesson and finally bought some and his is happy with the interest he's getting.

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