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Author Topic: how to save money?  (Read 2590 times)
Irwandho
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August 30, 2018, 03:52:10 PM
 #161

This are well listed plan in how to save money. Best is to know your expenses before securing savings from there plan what way you want to save your money.



I think this way we will be able to help ourselves to discipline ourselves to spend our savings when we become active in thinking.
You must really raise a lot of money now and for the time to come in an emergency that comes with spending years every day and we also have savings for our future and with the whole family.
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August 30, 2018, 04:04:53 PM
 #162

I just made the decision to save money for crypto, so this is a relevant topic for me. I have been a smoker for half my life. I have 2 packs left, and every dollar from cigarettes will be going into crypto. Its about 150 bucks a month. I will be able to say I earned an ethereum from not doing anything. It will be rough, but Ive made my decision and I am sticking to it. I want ethereum more than I want to sit out in the sun and sweat while consuming nicotine, there is more to life. Good luck to all the ones saving. I commend the enthusiasts on Bitcointalk turning a hobby into a positive decision to improve your life.
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August 30, 2018, 04:37:24 PM
 #163

here are the simple steps to save money:
1. You must record all your expenses
2. Make a budget for all expenses
3. Start planning on saving money
4. Choose something to save for your money
5. Decide on your priorities before spending
5. Make saving as a habit
6. Watch your savings grow.

any suggestion on how you save your money?
I need to apply this amazingly in my daily life. I'm wasteful and can't save money ... I hope I can as you say
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August 30, 2018, 05:02:20 PM
 #164

I keep my money in the bank, because if I save money in the bank I can get interest. I can take the interest rate that I get for the necessities of life.

Savings is very important for our life why I am saying this if we earn a lot of money but we don't save our money then your profit is zero then the future of your life is in the? That's why I am saying saving is very important and saving methods are different for every people choose which type of saving method that you want for your convenient investment.

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August 30, 2018, 05:03:56 PM
 #165

I use Warren Buffet's principle of saving money and it has worked fine for me until now Smiley

It's the simplest principle you will ever find: Save first, spend later Smiley

So, once you get paid, you should move a part of your money to a savings account and keep the rest for spending. Easy huh?


yeah look like easy but why if there is a urgent needed and for daily need ? i think money just not for saving but money for keep our live in there
my principle is saving half and used to daily need a part.
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August 30, 2018, 05:29:38 PM
 #166

OP is suffering from a mind blasting redundancy.
Why would you save your money if you can just make them work for you? In that case, money will grow and the fact that your money is still in good hands you won't lose anything.

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August 30, 2018, 09:59:58 PM
 #167

I think the way to save money is to just to earn enough to have some left over. Now if your income now doesn't permit that then you're screwed. It's either you get a higher paying job or skimo on everything and cheap out. Personally I'd rather go for the first one.

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August 30, 2018, 10:08:31 PM
 #168

here are the simple steps to save money:
1. You must record all your expenses
2. Make a budget for all expenses
3. Start planning on saving money
4. Choose something to save for your money
5. Decide on your priorities before spending
5. Make saving as a habit
6. Watch your savings grow.

any suggestion on how you save your money?
I actually never save money Grin
We should actually save some money because it can be of help anytime. I would tend to go for saving money in small parts as soon as i get my earnings. We can save 10% to 20% of our earning into a fixed deposit or any other kind of savings bank from where we cannot take our investment back untill it is reached to a certain limit.
This would be good to save money i guess.
We have our own different ways on how to save money. But thanks for those that you have mention. Becauae that was reslly helpful especially for those who. Was just starting to save their incomes. The way of saving money was really depend on the characteristic of the person. If he or she know his priority then then theres nothing to worry about saving because he will know how to control all that money he was getting from his job.



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August 31, 2018, 08:33:43 PM
 #169

There are many ways on how you could save money from your income or profit from your business.  Stop spending it for unnecessary things and leisure.  Of course you have to reward your self for having a hard days and nights of working but at least have it all planned before spending the money you set aside for it.  Some people tends to act like a millionaire at one night spending sky's the limit during after payday and gets poor again the next day.  Must learn how to save some for the rainy days as they say.
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August 31, 2018, 10:19:55 PM
 #170

A better way to save in addition to the habits enumerated , is to make the saved cash work for more money for you, you invest them in investments that pay you interest far higher than than the current inflation rate, otherwise you will be losing the value of your money
That is the end result of saving, but most people do not have any savings, in fact in my country people have negative net worth, which basically means that they owe more money to banks than all their cash, properties and investments put together, this is why people never get out of the rat race and it is my main reason of why I save and I am investing in bitcoin.

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September 01, 2018, 01:44:51 AM
 #171

If you want to save money then you should monitor your flow of cash, like the expenses and the income so you can easily identify where your money go and if you see something that is not worth it to spend your cash then you should adjust that and put the money on your savings and keep doing that until you save enough money to the thing that you want like business or investment.
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September 01, 2018, 01:46:36 AM
 #172

here are the simple steps to save money:
1. You must record all your expenses
2. Make a budget for all expenses
3. Start planning on saving money
4. Choose something to save for your money
5. Decide on your priorities before spending
5. Make saving as a habit
6. Watch your savings grow.

any suggestion on how you save your money?

burried your money in a creepy island, in the pacific ocean haha. ithink the better ways to save money is take deposit in bank and watch your money grow or if you wanna take a risk do some invest
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September 01, 2018, 02:06:39 AM
 #173

saving really is very easy. You just need to buy a notebook and keep track of all your expenses in a month. It lasts until the end of the month, you bring the notebook to summarize it all. You will recognize what costs you the most and you will find ways to fix it.

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September 01, 2018, 02:52:59 AM
 #174

Saving money requires discipline and you must know your priorities, its not hard to save money if you are determine to do so. What I usually do is every payday I budget all the needed amount for the whole month expenses and save atleast 10% of my total salary, if I have excess money to buy for other things I just keep it for emergency. It doesnt matter how much you save everytime you have money as long as you're consistently doing it, you wont notice that small amount will surprise you in times you already need it.

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September 01, 2018, 04:05:40 AM
 #175

saving really is very easy. You just need to buy a notebook and keep track of all your expenses in a month. It lasts until the end of the month, you bring the notebook to summarize it all. You will recognize what costs you the most and you will find ways to fix it.
but saving will not make us rich. i think storing it in the form of investment is the best way. but we must be careful in investing, so that our money continues to grow and what is important is a safe place investment

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September 01, 2018, 04:21:00 AM
 #176

Best is to know your expenses before securing savings from there plan what way you want to save your money
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September 01, 2018, 05:06:28 AM
 #177

I think the way to save money is to just to earn enough to have some left over. Now if your income now doesn't permit that then you're screwed. It's either you get a higher paying job or skimo on everything and cheap out. Personally I'd rather go for the first one.
No matter how much your income you must set aside money for your savings and then later on you learn how to invest. Saving is not easy, we all experience this before but I think you still must put set aside.

Best is to know your expenses before securing savings from there plan what way you want to save your money
This is one way of making more effective savings, know your expenses cut it as long as possible and save more.
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September 01, 2018, 06:05:28 AM
 #178

here are the simple steps to save money:
1. You must record all your expenses
2. Make a budget for all expenses
3. Start planning on saving money
4. Choose something to save for your money
5. Decide on your priorities before spending
5. Make saving as a habit
6. Watch your savings grow.

any suggestion on how you save your money?
As others say, this is too general and indeed, we need extra saving outside of your list of ways, because an extra need for life and we also need a stable income to maintain our savings. I say this is based on my personal experience, where I was prosecuted indirectly caring for my parents even though tradition the boy's  was more responsible to his parents and younger sister, it turned out that I was forced to help my brother's debt due to pleading

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September 01, 2018, 06:06:02 AM
 #179

here are the simple steps to save money:
1. You must record all your expenses
2. Make a budget for all expenses
3. Start planning on saving money
4. Choose something to save for your money
5. Decide on your priorities before spending
5. Make saving as a habit
6. Watch your savings grow.

any suggestion on how you save your money?

Do list all your priorities in life, now if your here in this business set your goals first and find out what it is? then, if you find out those goals list all  your activity that you need to do in your daily routine in life here. moreover, do make some research about the coins which you are going to invest in and when the time you know that are earnings I think the 25 or 30% of your profit segregate it instantly then put it as your savings and keep it. Be self motivated about your goal to achieve all of it.
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September 01, 2018, 07:31:05 AM
Last edit: September 01, 2018, 09:58:07 AM by Flor1982
 #180

here are the simple steps to save money:
1. You must record all your expenses
2. Make a budget for all expenses
3. Start planning on saving money
4. Choose something to save for your money
5. Decide on your priorities before spending
5. Make saving as a habit
6. Watch your savings grow.

any suggestion on how you save your money?

I have my own way too in which i use this formula very effective. If you receive your salary or any means of monthly income you should follow this step by step formula with discipline.

From your 100% salary or income:
1st - keep 20% for your savings
2nd- keep 10% for emergency fund
3rd - the remaining 70% is for your expenses (home, school, shopping, life style and etc.) by ensuring to keep first the 30% of your salary
        for savings then 70% for expenses then for sure you will have lot of successful savings in the future.
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