Ryu_Ar1
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 17, 2022, 10:22:48 PM |
|
I think what you say is quite inspiring if you really see it from a glance. But when contemplating a little longer with the realities of life clearly this will be very difficult. $3000 is definitely a lot of money but I'm pretty sure only 1 in many people make this kind of salary and not everyone can make that kind of salary. The division is quite real when indeed with a salary of that size so that we are still able to save after meeting our daily needs but we also have to be aware of the reality that sometimes the basic salary that we have is different. On the other hand, I realize one thing in this case, because usually the bigger the salary, the more needs, so regardless of how much your salary is, your desires will actually be bigger. Even though it's a good thing to do, I don't think everyone can do this to save money from their salary for several reasons.
|
| . .Duelbits. | │ | | │ | ▄▄█▄▄░░▄▄█▄▄░░▄▄█▄▄ ███░░░░███░░░░███ ▀░░░▀░░▀░░░▀░░▀░░░▀ ▄░░░░░░░░░░░░ ▀██████████ ░░░░░███░░░░▀ ░░█░░░███▄█░░░█ ░░██▌░░███░▀░░██▌ ░█░██░░███░░░█░██ ░█▀▀▀█▌░███░░█▀▀▀█▌ ▄█▄░░░██▄███▄█▄░░▄██▄ ▄███▄ ░░░░▀██▄▀ | . REGIONAL SPONSOR | | ███▀██▀███▀█▀▀▀▀██▀▀▀██ ██░▀░██░█░███░▀██░███▄█ █▄███▄██▄████▄████▄▄▄██ ██▀ ▀███▀▀░▀██▀▀▀██████ ███▄███░▄▀██████▀█▀█▀▀█ ████▀▀██▄▀█████▄█▀███▄█ ███▄▄▄████████▄█▄▀█████ ███▀▀▀████████████▄▀███ ███▄░▄█▀▀▀██████▀▀▀▄███ ███████▄██▄▌████▀▀█████ ▀██▄███▀██▄█▄▄▄██▄████▀ ▀▀██████████▄▄███▀▀ ▀▀▀▀█▀▀▀▀ | . EUROPEAN BETTING PARTNER | |
|
|
|
LastKiss
Sr. Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 2184
Merit: 251
SOL.BIOKRIPT.COM
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 17, 2022, 10:45:02 PM |
|
If you are in twenties or early thirties and remain single, earn $3,000 after tax per month, you will probably save $1,000 if you, let's say, spend $500 to $800 on rental, a guest bedroom in a shared house/apartment, $500 on food, $50 on utilities, $150 on phone/internet bills, $400 on commuting costs or gas/maintainance if you have a used car, $200 on occasional entertainment or others. This $1,000 savings will allow you to invest or place a house down payment when time is ripe. Is this possible based on where you live ?
Well, personally it's impossible for me to save one per third out of my salary. Since in my place most people didn't have that much salary and the cost of our goods is somewhat high then it's hard to save one per third. But every month I tried to save one per five or one per six as long as there were no emergency needs. It's really important to keep saving our money for emergencies and for investment since investment can give us passive income then we must struggle to get that.
|
|
|
|
Iroh
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 18, 2022, 02:24:23 AM |
|
Unfortunately, not everyone has that much income from work, the average resident in my area earns $ 256 from work, this is still somewhat difficult or not comparable to what you describe, $ 3000 income is usually obtained by government officials with incentives and incentives and entrepreneurs who have has a sizeable market capitulation, of course, this is not easy for every resident in my area who relies on his job. but it's not impossible that I can save a third of my income, if from $ 256 I can save $ 85.3 of the needs that are minimized as investment funds.
In my opinion, it doesn't matter how much your income is, when you can minimize expenses and only prioritize basic needs, there must be money that you can save.
It in fact, matters a whole lot on how much your income is in order to have some savings kept aside. With some extremely low income earners, they just can’t afford to save as they earn so little and would be obviously living hand to mouth. If you could save some funds from your income after tax and expenses, that’s great for you. There are folks that, after working long hours, barely have enough fulfill their basic needs. How then could they put aside money to save when there isn’t any?
|
|
|
|
█▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ████████▄▄████▄▄░▄ █████▄████▀▀▀▀█░███▄ ███▄███▀████████▀████▄ █░▄███████████████████▄ █░█████████████████████ █░█████████████████████ █░█████████████████████ █░▀███████████████▄▄▀▀ ███▀███▄████████▄███▀ █████▀████▄▄▄▄████▀ ████████▀▀████▀▀ █▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀BitList▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄█ | | █▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . REAL-TIME DATA TRACKING CURATED BY THE COMMUNITY . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄█ | | █▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀List #kycfree Websites▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄█ |
|
|
|
Minecache
Legendary
Offline
Activity: 2296
Merit: 1024
Vave.com - Crypto Casino
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 18, 2022, 02:41:43 AM |
|
Unfortunately, not everyone has that much income from work, the average resident in my area earns $ 256 from work, this is still somewhat difficult or not comparable to what you describe, $ 3000 income is usually obtained by government officials with incentives and incentives and entrepreneurs who have has a sizeable market capitulation, of course, this is not easy for every resident in my area who relies on his job. but it's not impossible that I can save a third of my income, if from $ 256 I can save $ 85.3 of the needs that are minimized as investment funds.
In my opinion, it doesn't matter how much your income is, when you can minimize expenses and only prioritize basic needs, there must be money that you can save.
It in fact, matters a whole lot on how much your income is in order to have some savings kept aside. With some extremely low income earners, they just can’t afford to save as they earn so little and would be obviously living hand to mouth. If you could save some funds from your income after tax and expenses, that’s great for you. There are folks that, after working long hours, barely have enough fulfill their basic needs. How then could they put aside money to save when there isn’t any? What you say is also true, there are many people who do not even meet their living needs, so it is difficult to think about saving, but if we are determined, I believe nothing is impossible. We don't need to save exactly 1/3 of our earnings each month, this amount should be adjusted to suit our circumstances. If you can't save 1/3 of your salary, saving 1/4 or 1/5 is also saving, stop spending on the most unnecessary things to save.
|
|
|
|
Smack That Ace
Legendary
Offline
Activity: 1890
Merit: 1102
Free Free Palestine
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 18, 2022, 03:11:51 AM |
|
Yes, I don't know if in developed countries like Europe or the US, an income of 3k$ is called a lot but it is true that for 3rd world countries like my country, it is a huge income. If it was me, in this case, I could save 1k$ to 1.5k$ per month after deducting all daily living expenses, and I am a married person. In the case of unmarried people, if they have a sensible spending plan and have savings goals, they can save a lot more than that.
I have reviewed that many opinions of $3k income include high monthly income and the average person can save for the range of $1-1.5k after deducting all monthly expenses, but if my position is earning $3k monthly then $1k would be very worth to invest to Bitcoin for current prices for each month and we'll look at long term profits for the big news in 2024. Definitely, I too will invest 1k dollars per month in all bitcoin, and only in bitcoin, if I have such a big income. Because in this case, with such a huge income, I will not have to worry too much about the risks I face. If things don't go as expected, such as bitcoin crashing, I can also afford to start over with my earnings. The biggest limitation of people when investing in bitcoin is capital, if this problem is solved, I believe more people will invest in bitcoin.
|
|
|
|
Wong Goblog
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 310
Merit: 10
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 18, 2022, 04:29:45 AM |
|
Many people complain because investing is very difficult, most people think that investments such as property, gold and so on require large capital, but we must be smart that currently there are many choices for investment even starting with a small value, cryptocurrencies are the best solution for us which is difficult to invest because we can start with a small value and also we can withdraw at any time.
|
|
|
|
reagansimms
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 18, 2022, 04:56:05 AM |
|
If you are in twenties or early thirties and remain single, earn $3,000 after tax per month, you will probably save $1,000 if you, let's say, spend $500 to $800 on rental, a guest bedroom in a shared house/apartment, $500 on food, $50 on utilities, $150 on phone/internet bills, $400 on commuting costs or gas/maintainance if you have a used car, $200 on occasional entertainment or others. This $1,000 savings will allow you to invest or place a house down payment when time is ripe. Is this possible based on where you live ?
Why not, someone who can organize good financial management is very likely to leave $ 1,000 of a real income of $ 3,000 every month. The $3,000 can be split in three parts, 1. $1,000 for savings/investment as cold money. 2. $ 1,500 for personal needs in a month. 3. $500 for other contingencies. With an income of $3,000 you can already enjoy a decent life and can still be saved as detailed above. Never improve your lifestyle because it will drain the money that has been allocated for savings/investments. Managing financial management properly can make life better and far from debt.
|
R |
▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | │ | CRYPTO FUTURES | | | | | | | │ | 1,000x LEVERAGE | │ | COMPETITIVE FEES | │ | INSTANT EXECUTION | │ | . TRADE NOW |
|
|
|
leonair
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 18, 2022, 05:07:28 AM |
|
Is this possible based on where you live ?
This of course depends on where you live and what the inflation rate is in your country. There are many countries where a top executive's salary is between $200 to $300 per month. And the cost of goods in that country is so high that all the money is exhausted to provide him with food and clothing. There is how a person will comply with your calculations. And how he can save some of his one third money
|
|
|
|
BigBos
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 18, 2022, 05:35:35 AM |
|
Unfortunately, not everyone has that much income from work, the average resident in my area earns $ 256 from work, this is still somewhat difficult or not comparable to what you describe, $ 3000 income is usually obtained by government officials with incentives and incentives and entrepreneurs who have has a sizeable market capitulation, of course, this is not easy for every resident in my area who relies on his job. but it's not impossible that I can save a third of my income, if from $ 256 I can save $ 85.3 of the needs that are minimized as investment funds.
In my opinion, it doesn't matter how much your income is, when you can minimize expenses and only prioritize basic needs, there must be money that you can save.
It in fact, matters a whole lot on how much your income is in order to have some savings kept aside. With some extremely low income earners, they just can’t afford to save as they earn so little and would be obviously living hand to mouth. If you could save some funds from your income after tax and expenses, that’s great for you. There are folks that, after working long hours, barely have enough fulfill their basic needs. How then could they put aside money to save when there isn’t any? Of course, when you don't have money to save, it's not recommended that you save and don't think about investing. Just being able to survive is enough to live. I know that investing is important to diversify your income, but when your income is only enough for your daily needs should not force yourself to invest, but when you are a worker you will get bonuses when you work overtime and celebration bonuses on certain days, I think you can set aside your money little by little to invest even if it takes a long time.
|
|
|
|
Paul Pogba
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 1232
Merit: 12
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 18, 2022, 07:12:07 AM |
|
Once we know that the economy is getting more difficult in the future, then it's time for us to change our mindset, if previously we left 10% of our salary for investment then from now on we should be able to leave 10% for needs and the rest for investment, because with investment we can hope to get a large profit so that when it is not productive then we have no regrets.
|
|
|
|
Mpamaegbu
Legendary
Offline
Activity: 2800
Merit: 1226
Crypto Casino and Sportsbook
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 18, 2022, 08:01:59 AM |
|
~snipped~
Our expenses should also be aligned to our monthly income and if the expenses are too much it will be hard for you to save some money. Yes, we should take important note of that, regarding expenses often surpassing income. This is where proper planning comes in. Those expenses that we don't have control of like food and healthcare should be made priority while those which are luxurious in nature should be jettisoned or reduced to the bearest minimum. That was why I talked about rentals not exceeding 10% of whatever one earns. Some people earn less but won't like living in environments they can easily pay rents. They want to be reminded or chased around by property owners before they renew their rents.
|
| | | | | | FIRST NO WAGERING BONUS CASINO & SPORTSBOOK SLOTS │ LIVE CASINO │ LIVE GAMES │ SPORTS | | | ► | WELCOME BONUS ─── UP TO ─── [ $500 ] | | ► | MULTI BET BONUS ─── UP TO ─── [ 200% ] | █████████████▄██▄ ████████████▐█████ ███▄██▄█████▐██████▄ ████████▄▄██████████▄ ███▐██▀██▀███████████ ██████████████████████▄ ███▐▄█████▄████████████▄ ▄▀▀███████████▄███████░█▌ ▀███████████████████████ ░███████████████████████ ░░▀▀▀▄██▄███████████████▄ ░░████▀█▀█████████████████▄▄ ██████▀███████████████████████▄ | PLAY NOW |
|
|
|
S A KHAIR
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 952
Merit: 108
1xBit recovered their reputation
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 18, 2022, 11:50:01 AM |
|
If I can earn that level of income, I will be more likely to save as you suggest. That's a huge amount of money in my country, very few people can achieve, and that's also the level of income I aim for. I hope I will get it soon next year and I will have a better investment plan when the income is 3k$ per month. I will focus on bitcoin as much as I can.
|
|
|
|
xSkylarx
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 18, 2022, 01:07:11 PM |
|
If you are in twenties or early thirties and remain single, earn $3,000 after tax per month, you will probably save $1,000 if you, let's say, spend $500 to $800 on rental, a guest bedroom in a shared house/apartment, $500 on food, $50 on utilities, $150 on phone/internet bills, $400 on commuting costs or gas/maintainance if you have a used car, $200 on occasional entertainment or others. This $1,000 savings will allow you to invest or place a house down payment when time is ripe. Is this possible based on where you live ?
It is possible where I live since we are in a third-world country and the cost of living here is too low. That $3K is already huge. Even if you have a family and have one child, you can save much more if you are single as long as you have discipline and have to save first before you spend. You can live your life to the fullest and buy things you want with that monthly income. Also, it would help if you had friends that are not a bad influence on you because that could influence you into bad habits and you will lose your income.
|
|
|
|
Ngemmeng
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 1134
Merit: 100
SOL.BIOKRIPT.COM
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 18, 2022, 03:09:01 PM |
|
very possible where I live, you can even save more than $ 1k because the cost of living in my place is very low. but unfortunately i can't make $3k a month because my income from gardening in a month is only around $250. but even so I can still save and set aside at least $ 50 for savings and investment. because I am a farmer besides investing in crypto I also invest in land.
|
|
|
|
Jemzx00
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 18, 2022, 03:45:04 PM |
|
Is this possible based on where you live ?
This of course depends on where you live and what the inflation rate is in your country. There are many countries where a top executive's salary is between $200 to $300 per month. And the cost of goods in that country is so high that all the money is exhausted to provide him with food and clothing. There is how a person will comply with your calculations. And how he can save some of his one third money I'm not sure if that's a typo or not but I don't think there's any executive that has a salary range with that amount. As for the OP's question, yes, it will vary depending on which country you live in as the cost of living differs for each country. In some countries, you might not be able to save anything with just the amount you've mentioned as the rent is too much to almost cover half of your salary and you will need to pay bills, food, and clothing which will just be enough for you to live in. However, if you're living on most Asian country, I guess that half of your salary will be more than enough to cover any bills and things you need to buy and/or support your leisure activities.
|
| | Peach BTC bitcoin | │ | Buy and Sell Bitcoin P2P | │ | . .
▄▄███████▄▄ ▄██████████████▄ ▄███████████████████▄ ▄█████████████████████▄ ▄███████████████████████▄ █████████████████████████ █████████████████████████ █████████████████████████ ▀███████████████████████▀ ▀█████████████████████▀ ▀███████████████████▀ ▀███████████████▀ ▀▀███████▀▀
▀▀▀▀███████▀▀▀▀ | | EUROPE | AFRICA LATIN AMERICA | | | ▄▀▀▀ █ █ █ █ █ █ █ █ █ █ █ ▀▄▄▄ |
███████▄█ ███████▀ ██▄▄▄▄▄░▄▄▄▄▄ █████████████▀ ▐███████████▌ ▐███████████▌ █████████████▄ ██████████████ ███▀███▀▀███▀ | . Download on the App Store | ▀▀▀▄ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▀ | ▄▀▀▀ █ █ █ █ █ █ █ █ █ █ █ ▀▄▄▄ |
▄██▄ ██████▄ █████████▄ ████████████▄ ███████████████ ████████████▀ █████████▀ ██████▀ ▀██▀ | . GET IT ON Google Play | ▀▀▀▄ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▀ |
|
|
|
mvdheuvel1983
Sr. Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 1134
Merit: 384
Vave.com - Crypto Casino
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 18, 2022, 05:10:43 PM |
|
Here are a couple of things I do to really save one third what I earn monthly 1. I cancelled my gym membership and I now work out at home and as for a personal trainer. 2.I plan my meals ahead of time. So, know what I am eating day to day and week to week and so on. 3.I ensure that my pantry and freezer are properly stocked. 4. I practice buying things in bulk. 5. I cut down on eating out.
|
|
|
|
Fesatmas
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 18, 2022, 07:01:07 PM |
|
Once we know that the economy is getting more difficult in the future, then it's time for us to change our mindset, if previously we left 10% of our salary for investment then from now on we should be able to leave 10% for needs and the rest for investment, because with investment we can hope to get a large profit so that when it is not productive then we have no regrets.
Actually, we have to do this from the start, even before we know the economy will get more difficult in the future. If we do that, when we know the economy will be difficult, I'm afraid this won't become a habit, you know, in other words, if the economy starts to recover, we will return to old habits that are not good at managing finances. Saving and investing is not a difficult thing to do as long as we know how to manage our needs. But the fact is that we are human beings who sometimes forget that circumstances will not always be on our side. This is what makes it difficult for some people.
|
| | | . Duelbits│SPORTS | | | | ▄▄▄███████▄▄▄ ▄▄█████████████████▄▄ ▄███████████████████████▄ ███████████████████████████ █████████████████████████████ ███████████████████████████████ ███████████████████████████████ ███████████████████████████████ █████████████████████████████ ███████████████████████████ ▀████████████████████████ ▀▀███████████████████ ██████████████████████████████ | | | | ██ ██ ██ ██
██ ██ ██ ██
██ ██ ██ | | | | ███▄██▄███▄█▄▄▄▄██▄▄▄██ ███▄██▀▄█▄▀███▄██████▄█ █▀███▀██▀████▀████▀▀▀██ ██▀ ▀██████████████████ ███▄███████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ▀█████████████████████▀ ▀▀███████████████▀▀ ▀▀▀▀█▀▀▀▀ | | OFFICIAL EUROPEAN BETTING PARTNER OF ASTON VILLA FC | | | | ██ ██ ██ ██
██ ██ ██ ██
██ ██ ██ | | | | 10% CASHBACK 100% MULTICHARGER | | │ | | | | │ |
|
|
|
odunybiz
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 686
Merit: 122
SOL.BIOKRIPT.COM
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 19, 2022, 03:49:54 AM |
|
If you are in twenties or early thirties and remain single, earn $3,000 after tax per month, you will probably save $1,000 if you, let's say, spend $500 to $800 on rental, a guest bedroom in a shared house/apartment, $500 on food, $50 on utilities, $150 on phone/internet bills, $400 on commuting costs or gas/maintainance if you have a used car, $200 on occasional entertainment or others. This $1,000 savings will allow you to invest or place a house down payment when time is ripe. Is this possible based on where you live ?
This is highly depend on which country you live. Saving one- third of your earning here in Nigeria may be difficult. Most Nigerians earn below $100 per month and this in most cases may not be enough for their monthly. expenses.
|
|
|
|
odunybiz
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 686
Merit: 122
SOL.BIOKRIPT.COM
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 19, 2022, 03:57:31 AM |
|
Once we know that the economy is getting more difficult in the future, then it's time for us to change our mindset, if previously we left 10% of our salary for investment then from now on we should be able to leave 10% for needs and the rest for investment, because with investment we can hope to get a large profit so that when it is not productive then we have no regrets.
No matter how much one is collecting as salary. 10% savings should still be encouraged. I don't think this is too much. Although it may look too small but may go a long way in the future.
|
|
|
|
xSkylarx
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 19, 2022, 10:39:43 AM |
|
Once we know that the economy is getting more difficult in the future, then it's time for us to change our mindset, if previously we left 10% of our salary for investment then from now on we should be able to leave 10% for needs and the rest for investment, because with investment we can hope to get a large profit so that when it is not productive then we have no regrets.
No matter how much one is collecting as salary. 10% savings should still be encouraged. I don't think this is too much. Although it may look too small but may go a long way in the future. It is still not applicable to others because that 10% of their salary is too big, and the remaining 90% is not enough for daily needs. It is mostly debated that no matter what your salary is, you can still save, but again I've been into trying to save, but my salary is enough for our basic needs, and I can't purchase my wants. So all will go to the items for my children, bills, and rent. The only solution for this is to add a source of income. Then that is the time you can start saving.
|
|
|
|
|