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Author Topic: Best tip on saving money  (Read 7687 times)
arrmia11
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January 09, 2018, 11:40:14 AM
 #701

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.

Know first your needs and priorities in everyday life. If you want, you can make a list as to what are you going to buy to avoid buying the unnecessary ones and making sure that you've got all your needs. Mind you, even how high your income is if you doesn't know how to control yourself then it's useless. We have to bear that in our minds especially us bitcoiners since I know that most of us does have a goals this year.

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e5p3r
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January 09, 2018, 11:43:58 AM
 #702

The best tip on saving money just simple is if you think you get enough profit, you need to stop, withdraw your money and send to a bank or exchange it to something you like like gold, diamond, etc... Just exchange it to what you think it's the safest to store
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January 09, 2018, 11:58:42 AM
 #703

Well you know am really bad at managing my money thus what I do is I transfer everything I earn in the bank account of my friend and he won't even let me have a penny from it even if am dying.. though sometimes if I desperately need he does allow me to have a little amount..!! Its more like having a personal finance manager Wink thus if you aren't able to save up yourself I will advise you to ask help from a friend of yours Smiley its never a bad option also its better if he is super strict Cheesy

Also I have planned daily usage like a dollar a day or something like that thus it helps me control whatever I spend.

Nice advice, I was also about to give this advice. As Im also eating up the money that I have pretty fast and regret it later, Im always transferring part of it to my friends account, who is a banker. This helps controlling myself and also saving up some money that I will need later on. Since Im in crypto it has also become better with my spending, because nowadays I rather put my money into crypto than into useless electronics or something alike.
BagzMM
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January 09, 2018, 12:05:33 PM
 #704

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.
Honestly I'm not good on this. Reading on some replies make me realized that I'm wasting some of my money and i don't have savings.
For now on, I will follow some good tips on here and make a little savings in every income i have without changing my diet.
Thanks
RakerAj
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January 09, 2018, 12:12:32 PM
 #705

The best tip on saving money is to first less the 20% in your income, it should be the first thing to do not the last, then budget the remaining 80% for other expenses. The next is your lifestyle should be maintained, if your salary increase your lifestyle should be the same it is not the lifestyle that should go up but the savings.
David_M
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January 09, 2018, 12:24:45 PM
 #706

You can just use them in small size, a little skimp on your favorite food, reduce the diet, do less shopping for yourself.
Alpinat
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January 09, 2018, 12:37:09 PM
 #707

well if were you i will not spend it right away... example i have some wages here today. i will not spend it right away. i will first the savings i have no family that's why i can save most of the time.. better to have your savings and after that all of the leftover money you can use it for the foods and needs.
Wend
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January 09, 2018, 01:02:39 PM
 #708

For me im always spending money not totally save it from my own, and now i know how to save my money for my future the best tips i can give is to save it to the bank 80% of your income and 20% for your self.

thundercrystal
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January 09, 2018, 01:05:03 PM
 #709

Saving money is not that easy task for anyone who doesn't really experience saving money from the stary. To make sure that you will save money, then make it mandatory and set as a rule for your self. Learn to budget money management like time management. Never overspend your money and keep your extra spends limited.

First of all, i think we need to have a list of all our expenses to monitor your money. You need to control yourself from overspending to the things that's not urgently needed. Learn to have alternative things, for example, when you run out of polo or shirts, don't buy in an instant, if you need it just once, you can borrow from a friend or what. Above all this, learn to save, because all of this will benefit your future self.

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Mike0222
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January 10, 2018, 02:29:53 PM
 #710

You need a budget your expenses, you need to control your self not to buy the things that you dont need, because now a days some people buy things or gadgets or what so ever just to say that they are indemand or they are part of society.
Destnhel
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January 10, 2018, 03:16:54 PM
 #711

If you want to save money coming from bitcoin.I'll suggest that 30% of you're profits to be save and 20% for investment 50% for you're daily needs expenses etc. in that percentage you will control your money in a monthly routine.
biboy
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January 10, 2018, 03:25:21 PM
 #712

If you want to save money coming from bitcoin.I'll suggest that 30% of you're profits to be save and 20% for investment 50% for you're daily needs expenses etc. in that percentage you will control your money in a monthly routine.
That is right, we should learn to value the things we have, save money as much as you can because in time we will need money so we have to have at least money to support emergency that will come in our life. We have to handle money wise as if it was our last money.
surix
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January 10, 2018, 03:32:19 PM
 #713

Any time you get money, just put 20% right away to a saving account;
If you really suck at controlling yourself not to touch it, ask someone else to hold it for you, or put it into a locked long term investment.

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warawolf19
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January 10, 2018, 03:37:05 PM
 #714

Pay Yourself First.Set up an auto debit from your checking account to your savings account each payday. Whether it's 10$ every two weeks or $100, don't cheat yourself out of a healthy long-term savings plan.
DrGuns4Hands
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January 10, 2018, 03:44:45 PM
 #715

You can put it on a locked long term invest or just ask someone close to you to hold it for you because i am pretty sure that you will have the urge to use it. Every time you get the money you can deposit a half of it.
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January 10, 2018, 03:55:04 PM
 #716

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.

Well there is some instances that pwople were better when they have already earn money, cause they experienxe already what does it feel to sacrifice, hard works and sleepless nights, so they tend to save most of the money and some people take notes, but some of the people became contented and stop working which is not good.

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bosimpson54
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January 10, 2018, 04:04:48 PM
 #717

If you want to save money you can turn your savings into any altcoin, then transfer it to a hard wallet and take it away after a certain time you take it out.
The best way to save money is to stop spending unnecessary things, I think that's a good way since we are spending so much money now and wastefully. Without proper adjustment, it is very difficult to manage money
Vinalians
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January 10, 2018, 04:08:43 PM
 #718

For me not saying that i am a good handler of money and good at making money but the best tip that i can give to all of you is that if you have some wages now. it is better to save your savings first before buying anything else because in the future you can use it in anything you've wanted.
maianh09
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January 10, 2018, 04:09:38 PM
 #719

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.
Always make the right decision if you want to own anything, there is always a wallet to keep the savings and never use it.
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January 10, 2018, 04:43:20 PM
 #720

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.


Earning money is good and spending money is good as well, knowing that all people who has bitcoin earning more than minimum salaray wage. Learn the habit of needs and wants, as we all know that needs is our daily battle, our fuel to drive our life. Wants is just a extra toppings in your life., it's just give colors in your daily battle. Don't spend money when after you bought it you will not use it anymore, invest money that will help you in a long run, spend to insurances so that when you grow old you will have a money. Don't be deceive my material things, rather make it a way to warn more money, not to spend it because you want it.
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