How do you save your money?

[bitterguy28]

I have been saving my money for a long time since I have been began to earn. 
First, I began by figuring out how much money I spend and keeping track of my expenses.
Afterwards, I have a better idea and can organize a workable budget to begin saving money.

yes we must know how much to spend and how much to save, this will bring us to success if this strategy imbedded in our mind and not just spending all the income entering our pocket.

i only spend 20-40% of my monthly income and the 60 must be keep saved.

[Shasha80]

I have been saving my money for a long time since I have been began to earn. 
First, I began by figuring out how much money I spend and keeping track of my expenses.
Afterwards, I have a better idea and can organize a workable budget to begin saving money.

yes we must know how much to spend and how much to save, this will bring us to success if this strategy imbedded in our mind and not just spending all the income entering our pocket.

i only spend 20-40% of my monthly income and the 60 must be keep saved.

If everyone like you can only spend 20%-40% of monthly income, then the rest can be saved, it should be able to reduce poverty.
Because most people may only be able to save about 20%-30%, because there are so many human desires that want to be fulfilled.
Even some of my friends have minus their finances every month, because the amount spent is more than the amount of income.

[averagestudent]

The best way to save money is to budget. I tell people all the time, "Here are the things you do every day, the things you do weekly, and the things you do every month." Then you break it down further for yourself, such as, "This is the cost of your cell phone bill." "This is the cost of your groceries." "This is the cost of cable." You have to really sit down, and once you start tracking and budgeting, it works for you.

[peter0425]

The best option is to have work experience. As for me, this is a really important aspect if a trader wants to get positive results of work.

If you read the topic then you will understand that his is not about trading actually instead about the capacity to keep saving their money.

because what is the sense even if you are earning big amount but you are spending all of it in just a small span of time?

what is the purpose of your hardship?

[boyptc]

The best option is to have work experience. As for me, this is a really important aspect if a trader wants to get positive results of work.

And when you have work experience, are you assured that you can save that much money? I don't think so.

I've got friends that even with years of experience in work, they still not aware of how to become a financial literate. That's what they still lack of savings as they don't know how to do it properly.

[jrrsparkles]

Saving money is the mindset of the poor. You don't need to save money, you need to use it wisely. Money should be invested. You can invest money not only in cryptocurrency, gold, and stocks. I decided to develop and invest in my education. I started to study Amazon market and I already trade goods and have profit. At first I lost some money because I miscalculated taxes, but one interesting blog and an article about taxes and fees helped me. All in all, what I want to say is that you need to invest in your knowledge. I will leave here link to the website, it will be useful to anyone who is thinking about increasing their income and self-development

Rich people don't spend money on things which is not useful for them but a poor who wants to show them as rich spend more money just for their looks which is actually useless though unless they are in acting industry. If a poor man wants to become rich then the first ever step is to save money which can be invested and will bring profits to them.

[Cryptoniks]

i dont spend it

[sisikin]

• Buy regularly, take profit but not stop loss.
• Regularly variable amount: You can look at the historical low point.
  If it is the lowest point, you can buy 500 before, and now you can invest multiple times. If the market is not good, then reduce your investment
• Choose valuable cryptocurrency to invest
• Investment is not static, don’t just invest in one, you can make more choices and learn more
• Have better patience, don’t be easily affected by the market’s emotions

[Chato1977]

I have been saving my money for a long time since I have been began to earn. 
First, I began by figuring out how much money I spend and keeping track of my expenses.
Afterwards, I have a better idea and can organize a workable budget to begin saving money.

great attitude , no wonder you will become a millionaire some time mate because you have this great treatment to your money while others are spending here and there knowing that they will earn tomorrow again , not knowing the cash flow may stop one day when we are not ready.
just like when this pandemic hit when many people are not aware and ready.

[bitterguy28]

I have been saving my money for a long time since I have been began to earn. 
First, I began by figuring out how much money I spend and keeping track of my expenses.
Afterwards, I have a better idea and can organize a workable budget to begin saving money.

yes we must know how much to spend and how much to save, this will bring us to success if this strategy imbedded in our mind and not just spending all the income entering our pocket.

i only spend 20-40% of my monthly income and the 60 must be keep saved.

If everyone like you can only spend 20%-40% of monthly income, then the rest can be saved, it should be able to reduce poverty.
Because most people may only be able to save about 20%-30%, because there are so many human desires that want to be fulfilled.
Even some of my friends have minus their finances every month, because the amount spent is more than the amount of income.

actually we only need focus and dedication and also looking forward for the future and we will attain such dreams.

i have a big dream ahead for my family specially for my children that is why me and my wife keep tightening our belts just to save enough monthly .

in this we are able to make our dreams come true the sooner we can get.

[DeathAngel]

The only worthwhile investment in the current climate is bitcoin & mainstream alts. Gold is down like 15% this year, bitcoin is up over 200%.

The only fiat investment I consider is the S&P500.

[Gases]

Gold is stable, but it cannot be used as a long-term investment. Bitcoin has more storage value. Most of my assets are invested in cryptocurrencies. Also I  got a better return. I don't need to think about saving money, but about how to combine the investment assets.

[kenskie]

We all have different opinions. But for me, I think i would invest my money in some tokens, also ICO's. Better have it than nothing.

[peter0425]

The only worthwhile investment in the current climate is bitcoin & mainstream alts. Gold is down like 15% this year, bitcoin is up over 200%.

The only fiat investment I consider is the S&P500.

indeed gold has not doing great this year while crypto is pushing the limit , maybe we must consider crypto than any other investing face now.

We all have different opinions. But for me, I think i would invest my money in some tokens, also ICO's. Better have it than nothing.

Don't fool your self , why ICO when you can directly invest in bitcoin in more safer way? than ICO as being scammed as we knew.

[Melignya]

As soon as I have free money in my hands, I immediately exchange it for another currency and keep it in cash. A good solution against compulsive buying

[Jolankaa]

I always set aside 45% and divide them into categories. It helps a lot, I learned it in a financial literacy course.

[Saif33]

I think money is very important in the life of every human being so of course everyone needs to save it in his own way as well as all the work so every human being should save his own money at his own risk because you must save money for your next life  You have to keep and save money so that the next time you don't do anything, you can continue with your money.

[FourTHshoT]

I also keep my money in gold, that way it doesnt get affected that much with inflattion

[DrWho42]

i buy used books

[marbet85]

Gold is not bad idea, on crypto too and I bought too old things from 90' like Pokemon, Pegasus, Nitnendo.