How to save successfully?

[junder]

Saving does not necessarily require us an instant big amount. Whether it's big or small, it does not actually matter. What's most important is how you often save regardless of its amount. So if you have only few bucks left from your salary, then continue saving it because once the value compounded, it will gradually become a significant amount. And frankly speaking, even the poorest of the poor can definitely save if he really aims to, it only depends on the kind of mindset you chose to adopt.

Now my question is, why do a lot of people complain that saving is too hard for them? Well reality hits that inflation is inevitable, but does it mean that people can only save if there is no longer inflation? Or is it that people actually adopt the wrong mindset towards saving their money?

Considering that people's incomes vary, you know that some people only earn enough to cover their daily needs, and perhaps even that isn't enough. I agree that with intention, anything can be done, but this won't completely change the reality. I believe every country has its own communities experiencing economic hardship. And while some people say saving is difficult, the problem actually lies with themselves, sometimes lacking consistency or discipline.

[Wincob]

Saving does not necessarily require us an instant big amount. Whether it's big or small, it does not actually matter. What's most important is how you often save regardless of its amount. So if you have only few bucks left from your salary, then continue saving it because once the value compounded, it will gradually become a significant amount. And frankly speaking, even the poorest of the poor can definitely save if he really aims to, it only depends on the kind of mindset you chose to adopt.

Now my question is, why do a lot of people complain that saving is too hard for them? Well reality hits that inflation is inevitable, but does it mean that people can only save if there is no longer inflation? Or is it that people actually adopt the wrong mindset towards saving their money?

People who can't save money because they feel it is too hard can't invest their money, their mind will always be on the money as if they just throw the money away, also it is likely that they are raised by parents who don't believe in savings as well.

Life problems can also be a plus, someone people are not just hard working but are used to saving money for future purposes but the responsibility on them alone is overwhelming.

If one can't save up for investment reasons or for future purpose how will they happy in the future? It is clear that future always get harder than the present, it is better to avoid responsibility when you are not ready yet, find solutions to money problem before you get caught in full responsibility.

[Dr.Bitcoin_Strange]

Well, the economy system have changed so bad that so many people in some countries are earning just very small amount of money monthly (not even weekly or daily) but they wait for an entire 30 days to get their paycheck and the amount received is not even enough to save all their needs and that of their family. So, I actually understand how bad it is for some people, that's why they complain about saving. The way in which one can save successfully is if they are earning well, then they can get the most important needs and save the rest.

[YOSHIE]

Now my question is, why do a lot of people complain that saving is too hard for them? Well reality hits that inflation is inevitable, but does it mean that people can only save if there is no longer inflation? Or is it that people actually adopt the wrong mindset towards saving their money?

The community is currently in inflation and the economy, it happens globally, no matter those who work in government, private sector and so on, complaints can be seen every day in the media, News and so on, but with a bad economy today does not mean we cannot save, there are a thousand ways of someone if there is a desire to save.

Example:
If you have a monthly $ 1000 income you can invest $ 30 in any form, money in banks, gold, property or bitcoin.
If you do it at the bank try not to use an ATM every month you transfer $ 30 to your bank account, and
If you invest in bitcoin use a safe wallet/wallet, you need to store keys and passwords in a safe place, don't use it on the exchange.

You need to understand your investment must have a long term 5-10 years.

[Roseline492]

Saving does not necessarily require us an instant big amount. Whether it's big or small, it does not actually matter. What's most important is how you often save regardless of its amount. So if you have only few bucks left from your salary, then continue saving it because once the value compounded, it will gradually become a significant amount. And frankly speaking, even the poorest of the poor can definitely save if he really aims to, it only depends on the kind of mindset you chose to adopt.

People who understand the Bitcoin DCA strategy will definitely understand how they can save from small to unexpectedly big because they have a realistic conviction on that. Although if there was a way a savings could be place were someone will keep it were is not going to be tampered will be most preferred because saving and investing at the same time is different from just savings although because for investment is hard for it to be touched but in ordinary savings is easier to use it because is always there so actually this is why people use investment instead because savings takes a lot of determination to resist the usage.

[CageMabok]

By planning properly, we can save successfully. We can save even with a small or low income if we want to. If we save a little at the beginning of the month, then at the end of the month, we will see that a very large amount of money has been saved. If we avoid buying unnecessary things, then a lot of money will start to be saving. Sometimes small expenses such as: using private vehicles where local vehicles can be used are nothing but a waste of money. I think this saving will be very useful for future happiness or if we are in danger.

The problem for some people with small incomes is the constant amount of routine expenses they must always have in their lives. Therefore, no matter how hard they try to save, it's still difficult for some of them because they can't resist going hungry just to save every day from the beginning of the month. Furthermore, for some people who work as laborers or daily-paid workers, their income will not always be consistent because their income is highly dependent on whether or not they work each day.

[Z-tight]

Saving or investing becomes harder when you save or invest what is left after expenses (such as paying bills, shopping, etc). If you take the approach of saving or investing what is left, you would be unable to save anything, because there would most likely be nothing or very little left. And you would end up living from paycheck to paycheck.

In order to save or invest successfully, you must learn the habit of saving or investing first. Once that check comes, you take what you have budgeted for savings/investment and put it there, then you spend the rest. Do this while improving and investing in yourself too and you are on your way to success.

[Just Say]

To my knowledge those who don't have enough income to meet their basic needs are the ones who complain about creating savings and find it difficult. Moreover it's correct that the high cost of living and unexpected expenses, as well as the urge to meet the needs of a family, can be a major obstacle to saving for many. But perhaps you need to know how to overcome these obstacles because if you spend it properly and keep track of it, even it is  possible to overcome this obstacle by depositing small amounts of money instead of depositing a large amount. Even I think that the economic situation may play a good role in saving because it is often seen that this task can be more challenging when inflation increases and the prices of daily goods increase.

[lizarder]

Well, the economy system have changed so bad that so many people in some countries are earning just very small amount of money monthly (not even weekly or daily) but they wait for an entire 30 days to get their paycheck and the amount received is not even enough to save all their needs and that of their family. So, I actually understand how bad it is for some people, that's why they complain about saving. The way in which one can save successfully is if they are earning well, then they can get the most important needs and save the rest.  

Expectations may not be as easy as imagined, but there are always ways for those willing to strive to achieve a better life through increasing financial capabilities. Saving becomes more difficult if someone doesn't have a source of income that exceeds expenses, so ultimately their salary is only enough to meet the basic needs of their family. This doesn't even mention the effectiveness of saving in the long term, given that fiat currencies will continue to depreciate in value.

The most important part of this problem is finding a solution and how someone with a low income can continue to increase their steady income sources through various jobs. Generally, we will try to find a way to get out of bad economic pressure to make life better and that is the most important portion if someone wants to get out of a difficult life line.

[Oluwa-btc]

We really don't have to do too much when it comes to saving, it's just that people lack discipline and many persons only save only when something is left after spending a lot.They usually treat saving optional instead of making it a priority.Saving feels hard,but it requires planning, discipline and sacrifice.

[Fiatless]

To my knowledge those who don't have enough income to meet their basic needs are the ones who complain about creating savings and find it difficult. Moreover it's correct that the high cost of living and unexpected expenses, as well as the urge to meet the needs of a family, can be a major obstacle to saving for many. But perhaps you need to know how to overcome these obstacles because if you spend it properly and keep track of it, even it is  possible to overcome this obstacle by depositing small amounts of money instead of depositing a large amount. Even I think that the economic situation may play a good role in saving because it is often seen that this task can be more challenging when inflation increases and the prices of daily goods increase.

Some people will want to have enough before they save. They are expecting that when they make make it big, they would start saving. But they should have a mindset that with that little they are earning, they can save and make a financial impact. Consistently saving small amount could cumulate to an amount that will be reasonable for a profitable investment. 

[abaeze]

Now my question is, why do a lot of people complain that saving is too hard for them? Well reality hits that inflation is inevitable, but does it mean that people can only save if there is no longer inflation? Or is it that people actually adopt the wrong mindset towards saving their money?

What I think is that many people cannot save as much as they hope due to proper planning and mindset and habits. However, yes, inflation makes saving more challenging, but this is not the only reason. Many people think that saving is possible only when there is enough money in hand. But the reality is that saving does not have to start with a large amount of money, rather it is important to start, it can be done in small steps. Those who start saving as a habit from a young age can adapt even during inflation. Those who think that they cannot start saving until they have more money. I would say that this is their biggest excuse for not saving and the worst mindset. So finally, I will say one thing that proper planning, patient mindset and the desire and habit of saving help in saving in the long run and successfully.

[Hamza2424]

Saving does not necessarily require us an instant big amount. Whether it's big or small, it does not actually matter. What's most important is how you often save regardless of its amount. So if you have only few bucks left from your salary, then continue saving it because once the value compounded, it will gradually become a significant amount. And frankly speaking, even the poorest of the poor can definitely save if he really aims to, it only depends on the kind of mindset you chose to adopt.

Now my question is, why do a lot of people complain that saving is too hard for them? Well reality hits that inflation is inevitable, but does it mean that people can only save if there is no longer inflation? Or is it that people actually adopt the wrong mindset towards saving their money?

Haha you used the word he here, the feminist might not like it haha, just kidding.

Anyway you are right, it really does not matter how much we are saving, the action of saving itself is more important. Either we are saving or not, that's the main question. If we have $10 left in our pocket and we think, let's buy something with it that we absolutely don't need, and then we say, what's the point of saving $10, haha, let's just spend it.

But if we would have saved, even a small penny adds up and later it can become a lot of money. At the end, we might end up with a big amount without even realizing it. Therefore we must save, no matter how much it is.

[Out of mind]

It is very easy to be successful if there is money and an environment to save, and if there is no environment to save, then it is very difficult to be successful. I mean, there are many middle-class families who, while living their lives and meeting the daily needs of their family, have no money to save, it is difficult for them to be successful. However, those who can save a little money by running a family are the only ones who can move towards success in the future. It is true that those who save more frequently will improve their financial position and will continue to move towards success, and those who are not in a good financial position and cannot save will move towards success slowly. Those who are poor have to work very hard to move towards success, but still do not see success, basically their poverty is an obstacle to them reaching the place of success. Still, people try hard enough, save a small amount from the amount of income they have for the future and dream of success in the future.

[DiMarxist]

Now my question is, why do a lot of people complain that saving is too hard for them? Well reality hits that inflation is inevitable, but does it mean that people can only save if there is no longer inflation? Or is it that people actually adopt the wrong mindset towards saving their money?

What I think is that many people cannot save as much as they hope due to proper planning and mindset and habits. However, yes, inflation makes saving more challenging, but this is not the only reason. Many people think that saving is possible only when there is enough money in hand. But the reality is that saving does not have to start with a large amount of money, rather it is important to start, it can be done in small steps. Those who start saving as a habit from a young age can adapt even during inflation. Those who think that they cannot start saving until they have more money. I would say that this is their biggest excuse for not saving and the worst mindset. So finally, I will say one thing that proper planning, patient mindset and the desire and habit of saving help in saving in the long run and successfully.

So many people mistakenly believe that saving is only for those who have extra or huge amount of money,and that belief becomes a trap. To me the truth here is just that saving is a habit, not a luxury. It’s more about self discipline and mindset, than the amount itself. I would also say you are right proper planning, and a patient mindset are key. Those who start small and stay consistent often end up saving far more over time than those who wait for the perfect moment or till they are now having a full truck of money of they are now financially stable that never comes. It’s the small, regular steps that lead to financial growth.
People  actually need to build financial reliance they can actually rely on when things are hard because all days are not actually friendly and that starts with setting clear priorities, budgeting wisely, and sticking to saving goals even if it’s little by little. So saving is actually very very important.

[B-BossMan]

Saving does not necessarily require us an instant big amount. Whether it's big or small, it does not actually matter. What's most important is how you often save regardless of its amount. So if you have only few bucks left from your salary, then continue saving it because once the value compounded, it will gradually become a significant amount. And frankly speaking, even the poorest of the poor can definitely save if he really aims to, it only depends on the kind of mindset you chose to adopt.

Now my question is, why do a lot of people complain that saving is too hard for them? Well reality hits that inflation is inevitable, but does it mean that people can only save if there is no longer inflation? Or is it that people actually adopt the wrong mindset towards saving their money?

Although saving may work for you and me, it might not work for someone due to a lack of financial planning. Quite alright, some people are finding it difficult to keep saving due to their schedules or due to their lower earning income. Indeed, saving even with the small amounts or the little funds can make a significant accumulations over time, however. It seems very challenging to some people because of the current economy depends on where you are, there is no any possible way for some people to begin saving based on their basic needs and some unexpected financial challenges,  but saving is something that requires a financial mindset.

Moreover, when someone hasn't discovered or become aware of how beneficial saving may be or its profits and financial rewards, there would not be a motive, but when all these benefits are known, both the savings, budgeting and financial management would become easier irrespective of their financial stability.

[HONDACD125]

Well, the economy system have changed so bad that so many people in some countries are earning just very small amount of money monthly (not even weekly or daily) but they wait for an entire 30 days to get their paycheck and the amount received is not even enough to save all their needs and that of their family. So, I actually understand how bad it is for some people, that's why they complain about saving. The way in which one can save successfully is if they are earning well, then they can get the most important needs and save the rest.

Yes, especially in countries where inflation is so high that a product you buy this month for $1 will cost $3 in the next couple of months. How can one save money this way? If your salary isn't increasing but the expenses are, you are only going to need more money which makes it impossible for you to save money, but on a contrary, you will keep getting debts because when you run out of money, you will need to borrow from someone, or take loans only to cover the basic expenses, and then you have to repay that over time, making it even more impossible to save anything.

So, it's all so complex when we live through it, but it might not sound so complex when we talk about it. I know it is because I'm living a practical life with family and everything, and I know how it is to try and cope with everything, your expenses will always outrun your dreams for saving money and building a better future.

[Japinat]

Saving or investing becomes harder when you save or invest what is left after expenses (such as paying bills, shopping, etc). If you take the approach of saving or investing what is left, you would be unable to save anything, because there would most likely be nothing or very little left. And you would end up living from paycheck to paycheck.

In order to save or invest successfully, you must learn the habit of saving or investing first. Once that check comes, you take what you have budgeted for savings/investment and put it there, then you spend the rest. Do this while improving and investing in yourself too and you are on your way to success.

You know, this is really ideal for those who are earning quite well, but for those who only earn enough to sustain the daily needs and pay the necessary bills, still saving is quite hard to be done. However, no problem with saving with very little amount like less than of a hundred bucks, but based on my personal experience, that amount will still be used later on once you already used up all your funds and yet your salary is still few weeks to go.

Saving is really hard, regardless of its amount, as long as you are still in the state of living from paycheck to paycheck.

[coolcoinz]

From my experience, saving is hard for people who cannot adjust to the situation.

Let's say a woman likes to party, spend money on clothes, parties, expensive makeup and perfumes, then she gets into a relationship and has a child. Now she needs to spend some of that money on diapers, doctors, toys and all that, which she does, but she also keeps buying all the things she's used to. Obviously she doesn't have enough money, so she goes into debt, gets depressed, complaints that she doesn't have money to live a normal life, but what is normal? For one girl normal will be buying 2 pairs of shoes a year, while you might need 10.

A smart person will decide whether the needs can be met based on the current income and expenses and adjust habits if needed. If you can't do it, you'll eventually get in trouble with the law because you'll try to have things you can't afford.

[Cheema02]

Consistency is definitely a difficult task, not many people can do that and because of that I believe many fail. The "quickness" part is also another part, too many people want to be rich right away but that is not possible, not in bitcoin nor in anything else. That is why I believe we are going to end up with much better results if we wait for it and that is why it should be very crucial period for all of us.

If we do this then we are going to get returns that are better if we can wait for it and not make a rushed decision. When you rush and try to get rich right away, the returns will not be that crazy and the returns will be volatile and there is a high chance that it will not end up with a good price at the moment.

You are right, consistency and patience are the key of success in the world of investing. Many people imagin to be rich in short time especially in bitcoin but the truth is it takes time and discipline to be successfull. But digital currencies like Bitcoin can really make us wealthy in short time no dought. It may look exciting to be richer in shorter time but it comes with high risk and emotional decision making. We should be consistent alongwith strategy in order to ride out vitality and took advantage of real growth over time. More the struggle we do, more will be the fun enjoying our rewards. Those people will get rewards who are willing to be patient and think beyond short term. This time period allow us to not only grow our wealth but also make our mindset strong. Stay focused snd avoid rushing the results will speak louder than words.