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Author Topic: Best tip on saving money  (Read 7687 times)
outsider99
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March 03, 2018, 05:48:41 PM
 #1341

We prioritize main expenditures first, if there are still the rest, we are shopping for other purposes such as buying clothes and equipment. The rest we tube.
Best Dreams
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March 03, 2018, 08:04:59 PM
 #1342

My formula on saving money is (income - savings = expenses) you can put the 25% of your income to your bank account. That's the best tip for me to save money.

My professor told me that in order to save money, you have to save some before you budget your remaining money for your monthly bills, because if what you are going to do is the opposite, budgeting first your money for your bills before saving some, then you can't save enough money for your needs in life.
This is the wise advise because if you will arrange your budget of your monthly salary it will save a lot of money for you, saving is good for future and if you will save you will be able to invest as well I think it is good to list up all your daily needs then remove the unwanted things form the list so this way go for shopping and never buy any good that is not in your list so if you will be regular and disciplined using your month budget you will be able to save a lot of money.
UzumakiSakuragi
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March 04, 2018, 06:18:42 AM
 #1343

When it comes to saving money its not that easy. You need control.controling play a big part in saving money.most of the time  with we are out of control when it comes to spending.make financial planning and sort out the priority..

bad_apple
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March 04, 2018, 10:33:24 AM
 #1344

The best tip on saving money is by knowing the ups and downs of your daily habit and your daily needs. If you know yourself that you'll suffer even more if you spend such large amount of money in just a matter of an hour, or even in one day, that it may leave you hungry and dried up until your next payday, think again and never let it happen to you because it might be the beginning of your mischief in your daily life. Be smart and be wise enough to allocate your money for the day to avoid overspending. You may create an inventory or a list on your daily expenses to be aware of how much is left and how much is needed to survive for the succeeding days. Invest some of your extra money on a business or something that will make its value grow as the time goes by, put it on a place where it takes a lot of effort just to withdraw it (e.g. banks, friend, vaults etc..). Always think ahead of what will make you at ease for the future. Grow and be financially intelligent.
hamza987
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March 04, 2018, 10:39:39 AM
 #1345

Well if you want to save money just keep saving 20% of your income in bank ,or if your income can not save 20 % maybe 10% ,the most important is you have save money everyday and i know this will be a big help after a year Or if you want hold bitcoin for a year.


It's look like a good tip for beginner 😂

Best way to safe money is to not spending it.
ShineftChaos
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March 04, 2018, 10:51:12 AM
 #1346

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.

I'm good when it comes to giving advice to others but when it comes to myself i can't make it. But still want to pursue savings for the future and start now.
I'm in the phase of maximizing my profit and save a part of it and control my mind to use it in the expense of others.

Etherlevis128
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March 04, 2018, 10:54:23 AM
 #1347

Bitcoin is not the only cryptocurrency worth investing in. Smaller-scale investors may want to consider these alternatives, too. Are you thinking of buying a house or refinancing your existing mortgage? These tips can save you thousands of dollars. When you have a tiny bathroom, you need to be a little creative to maximize your storage space. Put yourself in the other person's shoes when you give advice. Your advice will resonate more if they know that you can empathize with their situation. No single budget strategy will work for everyone. To find the right one for you, you'll need to consider your goals, your stage in life, and whether or not you need to change your habits. Making just a few small changes in your daily life can have a positive impact on the environment and your wallet.
I have a tips if how is the best way to save money first spend your money only in things which is needed the most because sometimes we cant save money because of spending it in our wants and not in our needs. Second which is common budget your financial in a day or a week you need and the excess save it, put it in a safe place, or better save your excess money in bank.
btrice7
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March 04, 2018, 11:22:54 AM
 #1348

I think 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.  Smiley
Paka1
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March 04, 2018, 12:37:39 PM
 #1349

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.

I also put aside 20% of my daily jobs earning as saving. And then the what's left is I budget it. It has works wonder for me up to today. I'm glad that I'd listen to my parents early on regarding saving. You might try it if so see if it's fits you. Others do to the opposite, they do the budget first and the rest put into saving. I guess you have to try and experiment it yourself. And always ask yourself if you really need or just want it before spending your precious money.

Actually we do the same thing when it comes to savings,  and it works for me too.  I see to it that I save an amount of my income first before budgeting for my expenses.
danim1130
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March 04, 2018, 01:02:19 PM
 #1350

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.
i guess the best recommendation that i can say to this thread is while you are investing on your money make sure that the investment site or project that you are putting your money with is legitimate and you make research about it.
rolerVX
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March 04, 2018, 01:18:16 PM
 #1351

First of all checkout the important needs in your family and self. After evaluating the different parts of life you can then come up to budgeting. In budgeting you need to discipline your wallet in every celebrations, wants and what ever that you need to expense. Discipline is the big impact to achieve good budgeting. Without self discipline after few days later your salary will gone. Everything will wash out. That's why discipline is a must.
congresowoman (OP)
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March 04, 2018, 01:36:24 PM
 #1352

I think 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.  Smiley
I have read some articles about the 20% that you should allot for savings. This can cover for the emergency fund. The type that you cannot really spend not unless you are in dire need for it. For the advise I think rhe rule of thumb will be to ONLY SPEND WITHIN YOUR MEANS. Adding to it, before you purchase just think if it is in NEED category or in WANTS.

Liza Soberano
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March 04, 2018, 01:39:09 PM
 #1353

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.
I think the best way to save your money is being wise and responsible. Be wise in spending your money by only buying the things that you really need and limit yourself in buying things that you only want. Be responsible on how you spend your money. Make sure that you spend it in a right way.
andika2018
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March 04, 2018, 01:46:19 PM
 #1354

I think its much better to saving our 25% from our income to saving or investing. But I prefer investing my saving rather than put in bank because I dont get interest on the bank
Unsmart boy
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March 04, 2018, 07:16:26 PM
 #1355

Yes, the freedom of bitcoin has been started. You know that bitcoin is important, because global Governments are thinking about how to stop or control it. It is harder than the potential benefits of bitcoin and its associated block chain technology. Anyone with full security and without any corporation or Government permission can send money or send free of charge.
Tungsten-1
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March 04, 2018, 07:53:04 PM
 #1356

Well if you want to save money just keep saving 20% of your income in bank ,or if your income can not save 20 % maybe 10% ,the most important is you have save money everyday and i know this will be a big help after a year Or if you want hold bitcoin for a year.


It's look like a good tip for beginner 😂

Best way to safe money is to not spending it.
Here I would say that we must understand the terminology “Loan”. This word means that we are borrowing from the future and spending in the present and we have to return this money back in the future to its real owner. Now this is the best advice to save the money for the future to not to take a loan so that you enjoy whatever you have in the future and you don’t have to worry about the returns of any kind.
Ismat Morshed
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March 04, 2018, 07:57:52 PM
 #1357

Everyone has their own way to save moneyGive advice is nice to me.when it comes to myself i can't make it. But still want to pursue savings for the future and start now.
bobq
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March 04, 2018, 07:59:09 PM
 #1358

In the long term I would recommend physical wallet. You can use physical wallets(Ledger, Trezor etc.) so that your money is safe and secure to such scammers.

cryptbit.man
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March 04, 2018, 08:15:23 PM
 #1359

Well investing savings into cryptocurrency is a good way to start saving money. Especially if you are planning to hold for a longer period of time (years) it will be a tax free and very lucrative type of generating money without touching your capital. Very much like savings do.
Lorin
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March 04, 2018, 08:31:48 PM
 #1360

Saving money is a big help if you want to increase your money.If you want to save money patience and discipline is what you needed
Always remember "buy the things you needed not the things you wants.Meaning if you are in a store thinks all the things that you need to buy for your family not only what you wants for yourself.
When you are working divide your salary.Its not bad to buy something for yourself but instead of going out to eat on a restaurant you can cooked on your own at your house.
One of the best way to save money is set your goal on what you want to save for.
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