How to save money on a long-term period

[bitcon]

gold is still the best asset at this time with passive value growth. I allocate less than half of my savings for living needs, the rest I set for the purchase of increasingly scarce assets, including gold, land and housing. Because I am also still active as a trader, crypto active asset allocation is also quite large, I still have to balance between savings, active stock and assets as much as possible because everything is very potential in accordance with existing needs.

Still, most of the people choose traditional banks to save their money. Gold is also a very good choice but you need to store it in the safest place (banks also). Rich people deal with antic things and make big money on this stuff.

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[Silberman]

Like most things in life there is not really a mystery about how to save money in the short or long term, what people lack is the discipline to do it, they see all that money they have saved doing nothing for them and then they imagine all the stuff they could buy with it, and if you add that the current generations do not seem to have any patience then it is not really surprising why no one saves anymore.

[darkphoenix2610]

If you are investor then you can invest your money in those projects where the return is good and if they are for long term then it is less risky projects while you can also go for banks there you can keep your money in fixed deposit account and they will pay you regular profit on that but the rate is very low there and this is due to the fact that risk is minimum there so the return on that will be less as compared to other projects stocks are good but there individual can not grow only big investors can enjoy the profit.

Investing in a long term period is a good way of handling money and to prolong its life, also investing it in a good coin or assets will be a good decision also,  Minimum risk is by spreading your risk of investments to avoid critical risk in your funds, Choosing a right decision is a good thinking for saving your money in the future.

[congresowoman]

I can observe that majority of their thoughts is to put your savings in a bank and to use it for later. Pardon my opinion, but for me, this is a wrong concept. why? banks nowadays is not as fruitful as the olden days. Your money invested in them will actually be subject to a lot of taxes including withholding tax. The interes you earn from saving to that bank will be just to pay for the taxes. Okay, granted there are time deposits, back in time, time deposits are a thing because they offer double your money, but now, it is not. interest is very low.
So, what I am saying is this, if you want to have that long term savings, the best choice will e to invest it in a blue chip stock. that way, you are assured.

[Kiweikoo]

To save money on a long-term period, you should make a solid investment. Investment in crypto has a lot of potential. Even during a bearish trend, don't hurry to sell crypto. This is just the phase of corrections which is perfect for holding. Invest now and get profits when the market finally stabilizes.

The primary way to save money that is suggested by the policy makers and the economists is to reduce the consumption. Minimize the imports that cost you more than you actually can afford. Such imports hinder your ability to save more in the long term. Besides, the more you produce, the more you would be able to earn and hence save.

There are lots of ways you can actually get your current account surplus. Long term investment in potential coins in the crypto market is the second name of getting your money replicated and the growth is often more that what is normally been paid in the bank.

[Guideare]

I would save a minimum of 20% percent of your income for a rainy day fund. Aim to have 3 months worth of expenses saved up incase anything were to happen. As for retirement, it would depend on how many years you have left before you want to retire.

The question is not how much you can save; the question is how you can save your money. It is good question and I think very important too, because the expenses are increasing day by day and we will have to do something for our retirement. It is a fact that after retirement only two things work, “YOU OR YOUR MONEY”. If your health doesn’t allow you to work then you will need money for survival.

[melch100]

Like most things in life there is not really a mystery about how to save money in the short or long term, what people lack is the discipline to do it, they see all that money they have saved doing nothing for them and then they imagine all the stuff they could buy with it, and if you add that the current generations do not seem to have any patience then it is not really surprising why no one saves anymore.

Yes, only few of them really save their profit. most of them want to spend it buying all the things they want. For me, maybe thinking or more ways how to save it can help us.

[musharaf]

If you want to save your money for long term i think that you should buy gold and Dollar now a days because in our country these are interesting and profitable for making money and i hope that there are so many other platforms are available for holding long term like now the crypto world is profitable and it is the best saving option here for crypto community.

[batang_bitcoin]

Yes, only few of them really save their profit. most of them want to spend it buying all the things they want. For me, maybe thinking or more ways how to save it can help us.

And think broadly, after saving what are you going to do with your money? you are saving on a long term period but its value will decrease due to inflation. If something happens like what everyone is discussing now which is an economic crisis on 2019 then the money you save will have lower value. Yes, it is about the discipline and saving is connected to investing so while you are continuously saving your money, don't just let it go to the bank, look for some place where you can invest it like crypto's.

[gabmen]

If you want to save your money for long term i think that you should buy gold and Dollar now a days because in our country these are interesting and profitable for making money and i hope that there are so many other platforms are available for holding long term like now the crypto world is profitable and it is the best saving option here for crypto community.

Well saving and growing your money are two quitr different things though. If it's just for the sake of saving and not touching your money for the long term, putting it in a bank is more likely a better option. Investing it of course in something is better but you'll have to move your money more that way.

[South Park]

Not all people can save money it was very hard to save money specially if your money is enough for your daily lives I mean the salary you have is enough on it, how to save the money if you are came from not a wealthy family? Some of them even if they do part time job in the end they can't save a single penny, they always say that if you want to do something you can do it, you must save just like a little money to buy bitcoin and hold it for a long term what if someday you will became a millionaire because of that saving a little.

If your income is too low then it is true that saving money can be a challenge but if you have any hope of making more money than the money that you are making then you need save and if that means getting a second job and saving for years then that is what you need to do, after all saving is nothing more than to accumulate money just in case you need it in the future, so if you want to improve your life then you need to be willing to be uncomfortable for some time.

[best ever]

I don't think that black metals are good for saving money in a long-term period. Their storage and security costs are too high to save near that value over time.
I think they are good materials only if you want use them in infrastructure, otherwise they will taking space in storeroom without point.

The best option for saving money for long term in my view is to invest in property, because property will never lose money and with the passage of time the value of your property will increase. If you put your money in bank, you will spend it after some time because of easy access. If you invest in crypto, it is also usable and not good for long term savings.

If you mean real estate, you must understand that this is not for everybody. Private property investments need too much money. Gold and Bitcoin are OK as for me.

[heleng05]

I think the best thing to do in saving your money is to invest in a currency the foresaw their success is investing it in a long term currency and I think it is a good way of keeping it while making a profit in that way you can also manage your badget in anything just like how you invest it in some currency.

[Naughty Princess]

gold is still the best asset at this time with passive value growth. I allocate less than half of my savings for living needs, the rest I set for the purchase of increasingly scarce assets, including gold, land and housing. Because I am also still active as a trader, crypto active asset allocation is also quite large, I still have to balance between savings, active stock and assets as much as possible because everything is very potential in accordance with existing needs.

Still, most of the people choose traditional banks to save their money. Gold is also a very good choice but you need to store it in the safest place (banks also). Rich people deal with antic things and make big money on this stuff.

I would like to save my money on real state asset which could bring profit for long term also. Land is the best because you can make an establishment on it offer for rent. Think it is much better than putting all in banks because it just increase for small interest even e long time. You have to make it grow and usable. That is my goal, to have a passive income from that and save for future.

[KennyR]

gold is still the best asset at this time with passive value growth. I allocate less than half of my savings for living needs, the rest I set for the purchase of increasingly scarce assets, including gold, land and housing. Because I am also still active as a trader, crypto active asset allocation is also quite large, I still have to balance between savings, active stock and assets as much as possible because everything is very potential in accordance with existing needs.

Still, most of the people choose traditional banks to save their money. Gold is also a very good choice but you need to store it in the safest place (banks also). Rich people deal with antic things and make big money on this stuff.

I would like to save my money on real state asset which could bring profit for long term also. Land is the best because you can make an establishment on it offer for rent. Think it is much better than putting all in banks because it just increase for small interest even e long time. You have to make it grow and usable. That is my goal, to have a passive income from that and save for future.

As in the above quote, real estate or property is a best pick to save money for a longer time period. Here only thing that need to be considered before investing is the location or the locality of the land or property. This will let you have the calculation of its value after years. Same time there are properties that goes worthless after years when there is no development and other accessibilities.

[deppil]

Like most things in life there is not really a mystery about how to save money in the short or long term, what people lack is the discipline to do it, they see all that money they have saved doing nothing for them and then they imagine all the stuff they could buy with it, and if you add that the current generations do not seem to have any patience then it is not really surprising why no one saves anymore.

Agree. actually there are no special secrets for long-term savings. all you have to do is discipline with the initial goal. if you really intend to save long term then don't think about spending or thinking that saving the long term is useless. just be disciplined. you will feel the effects in the next few years

[maydna]

Like most things in life there is not really a mystery about how to save money in the short or long term, what people lack is the discipline to do it, they see all that money they have saved doing nothing for them and then they imagine all the stuff they could buy with it, and if you add that the current generations do not seem to have any patience then it is not really surprising why no one saves anymore.

Agree. actually there are no special secrets for long-term savings. all you have to do is discipline with the initial goal. if you really intend to save long term then don't think about spending or thinking that saving the long term is useless. just be disciplined. you will feel the effects in the next few years

Yes, for saving money on a long-term period, we must prevent from using that money and only saving more and more money. People have a different method of saving money, especially for a short-term and long-term. Maybe people out there prefer to save their money in gold, and people in cryptocurrency prefer to save their money in crypto. But I think, we can do both the same for saving money, in cryptocurrency and gold because this will gives us a big profit and we can cash out the investment.

[Yurkov]

When it comes to long-term money storage, and the more cryptocurrencies, it is more complicated, but fully workable. This is the advantage of blockchain-based accounts - the easiest solution is to pass a private address to two persons, but when it comes to a private key, split it into two halves - more or less as it is done with a split of half a banknote, Half does not mean anything, but the whole thing is key. Always one half have to have your lawyer

[drumamat]

Like most things in life there is not really a mystery about how to save money in the short or long term, what people lack is the discipline to do it, they see all that money they have saved doing nothing for them and then they imagine all the stuff they could buy with it, and if you add that the current generations do not seem to have any patience then it is not really surprising why no one saves anymore.

Yes, only few of them really save their profit. most of them want to spend it buying all the things they want. For me, maybe thinking or more ways how to save it can help us.

This is really a problem. Many people do not think about what you need to save and save not tomorrow or the day after tomorrow but today. The best way to save money is to debug 20% of any income.I do so and the result is.To increase the effect of 10% of the deferred amount I spend on investments in cryptocurrency.It seems to me to put my money into gold is no longer fashionable. If I have the opportunity to choose between gold and real estate, I will choose real estate.

[centimentalking]

I don't think that black metals are good for saving money in a long-term period. Their storage and security costs are too high to save near that value over time.
I think they are good materials only if you want use them in infrastructure, otherwise they will taking space in storeroom without point.

The best option for saving money for long term in my view is to invest in property, because property will never lose money and with the passage of time the value of your property will increase. If you put your money in bank, you will spend it after some time because of easy access. If you invest in crypto, it is also usable and not good for long term savings.

Saving money for long term is good but itsto much hard to save in your home. Because no one know when you need the money also we should not save our money in banks too because they applied tax when you withdraw it and apply some charges.