Is there any possibility of saving money when handling a project?

[GiftedMAN]

I have just been thinking how can a man save money and equally embanking on a project?

Adequate preparation is the key to achieve anything you want to achieve in life so if you want to start up any project as a man you need to make good plans have some money reserved before you begin the project so that when you begin you will not find it difficult to complete your project. If you have a well paying job the best thing is to take your savings seriously then you can use the remaining to be doing your project and also feeding.

[Hamza2424]

I have just been thinking how can a man save money and equally embanking on a project? This has been a serious issues among men, I am of the opinion that it is not possible building and saving money at the same time, because if you are building it becomes a priority to you all your thinking and thought should definitely be there, if you have money anywhere you can not think of saving while your building, at least one thing to another.

Building or handling a project is not making much sense here haha, because if you are handling a project then it can be as a developer in terms of software development, and if you are talking about construction then of course investment is needed, or maybe something else. You have to be more specific here.

But I will assume you are talking about building projects that require investment and not only skills. In that case, if you are handling such projects and you are spending money but also want to save money, then that is not possible. Your job is to build, and it requires some early investment, but once it is recovered then the profit is yours already and you can save it afterwards.

Or if you mean building with your own money with no rewards, and then asking how can we save, that is really a good question. Because if we are building a house for ourselves, we simply have to use our savings, and at that time we can't really increase them haha.

[sunsilk]

I have just been thinking how can a man save money and equally embanking on a project? This has been a serious issues among men, I am of the opinion that it is not possible building and saving money at the same time, because if you are building it becomes a priority to you all your thinking and thought should definitely be there, if you have money anywhere you can not think of saving while your building, at least one thing to another.

It's all about management. Small or big savings, all you have to do is to be disciplined on how you're going to do it. We understand that there's a huge expense to be used for projects that we're doing or something that we want to buy or achieve.

But don't settle that you will not be able to save anything for yourself. A buck or two is still a progress and forget about those late night parties that makes you spend all of your money as you build any project.

As they say, "if there is a will, there is a way".

[AmoreJaz]

I have just been thinking how can a man save money and equally embanking on a project?

Adequate preparation is the key to achieve anything you want to achieve in life so if you want to start up any project as a man you need to make good plans have some money reserved before you begin the project so that when you begin you will not find it difficult to complete your project. If you have a well paying job the best thing is to take your savings seriously then you can use the remaining to be doing your project and also feeding.

Also, you need contingency plans so if one option didn't work, you have other options to fall back onto. You should not rely on only one source of income as well because that would be catastrophic if that won't work. So you should have other income streams that you can get in case something goes wrong with your plans.
Contingencies/alternatives will give you a fighting chance to survive with your business. Otherwise, would be easy to fall without the chance of going back. So before you embark a project, you should already have diversified your portfolio, as an assurance that if worst comes, you have other routes to go to.

[Josefjix]

I have just been thinking how can a man save money and equally embanking on a project? This has been a serious issues among men, I am of the opinion that it is not possible building and saving money at the same time, because if you are building it becomes a priority to you all your thinking and thought should definitely be there, if you have money anywhere you can not think of saving while your building, at least one thing to another.

What are you building, a house or a business?
These different projects needs a different perception and mindset towards it, if you are building a house then it's best to use the funding from a business that generates the funds for building a house, if you are earning a salary, then saving some parts of the salary for 10 years while starting to building a house is not smart for m.

Actually, money brings more money, it's best to use the total money to build a system that generates more money, where the profits can then be used to build a house. Imo

[Pi-network314159]

I have just been thinking how can a man save money and equally embanking on a project? This has been a serious issues among men, I am of the opinion that it is not possible building and saving money at the same time, because if you are building it becomes a priority to you all your thinking and thought should definitely be there, if you have money anywhere you can not think of saving while your building, at least one thing to another.

Although it depends on the type of project you want to Handle . Most project are those  ones that you wouldn't need to save money to start, but you can be doing it little by little and be feeding your family. But if you want save your money complete before starting up such project, am afraid you could spend all the money you have saved so far. Let's say you want to build house from the business you do or you want to buy car, if you already have land, you may be molding blocks little by little as you can afford when ever money comes. And it should be done in a way that the fund you spend for the building project will not affect your feeding money. Like wise to buy a car, if you want to buy a car and family responsibility is weighing you down, you could meet a car vendor and promise to be depositing money every month or Every week, by the end of 6 months to 1year you could be able to have gradually deposited an amount thatbis equal to a car. But if you decide to save it in the bank you may use it for other purposes. Like me the project I am doing now I didn't save the money as a family man but I do it gradually when I receive money because waiting to add up is a risk which I can not afford. Family consumption is one of the most expenses men do unknowingly.

[MarjorieZimmermanGinger]

I have just been thinking how can a man save money and equally embanking on a project? This has been a serious issues among men, I am of the opinion that it is not possible building and saving money at the same time, because if you are building it becomes a priority to you all your thinking and thought should definitely be there, if you have money anywhere you can not think of saving while your building, at least one thing to another.

You must find the best concept for achieving financial success, and people often think they can't if they don't have capital. The most important thing isn't how much capital you have to distribute your investments properly, but rather how consistently you maintain it to achieve measurable investments. It's impossible to develop your savings potential while building financial strength because saving won't give us the opportunity to achieve better financial success in the long term. The priority lies in a well-developed concept where you understand how to consistently generate money, even if it's sometimes small.

[Mate2237]

Saving without investing the money is actually not a productive thing that do any day. Having a project that you wants to finish is an investment and you can't prioritize saving over an investment, people should think of how they can finish their projects which they are embarking on before thinking about saving money.


People should always give attention to what adds value to them over what will not have much meaningful impact on them, because saving will play little impact in terms of the economic uplifting of an individual.

[r_victory]

Often, they can use the money they've saved only as collateral. Depending on the project, it's possible to raise funds from investors, or specific loans for the industrial or business sector (in Brazil, we have a bank dedicated to this purpose). If someone wants to use their own resources, they should spend wisely, with maximum objectivity to maintain enough to complete the project. Saving at this point isn't a priority; otherwise, it would be better not to start.

[SUPERSAIAN]

If you have a project and it's truly successful, you might be able to find an external investor. Start looking for investors, work with them, and build your project. Your investors will already provide you with sufficient resources during this process. This will allow you to save money. Thorough research is essential before starting a project, including cost calculations and roadmaps.

Planning every detail in advance will give you more peace of mind. If you assume you'll solve problems as soon as you start, problems will multiply along the way, and costs will increase, making it harder to save.

[Solosanz]

Why do you force yourself to build a project?

It's better to learn something that you can sell your service without need to build a project, which mean become a freelancer. Technically the cost of freelance is low and you don't have to waste your money because you didn't build or stock a product.

It's like you're at stairs, you have reach the second step and then want to jump to sixth step, of course it's either you fall down or struggle to achieve it.

[Z-tight]

You save and invest, then you use the returns on investment to run your projects. Take note that it takes time and you may not be able to run more than one project at a time, but this is the right way to do it. You have to be patient, do your research on the right things to invest, then you work on your source of income. If your source of incomes increases, then you can afford to have more investments and be patient while the interest compounds.

The problem is a lot of people want to become rich overnight. They are not patient with their investments and they often spend their principal, instead of the returns on investments. If you fix these things, you are learning what is important in wealth building.

[junder]

Adequate preparation is the key to achieve anything you want to achieve in life so if you want to start up any project as a man you need to make good plans have some money reserved before you begin the project so that when you begin you will not find it difficult to complete your project. If you have a well paying job the best thing is to take your savings seriously then you can use the remaining to be doing your project and also feeding.

That's right, even though we know that what we're going to do could be profitable quickly and potentially significantly, we still have to prepare everything well, as you said. We also have to prepare an emergency fund because unexpected things can happen, considering that everything has risks. Even if we've done our best, we don't know when bad luck will happen. What you said is one of the best ways to manage money, because using income for various things is not easy and not everyone can do it.

[Salahmu]

I have just been thinking how can a man save money and equally embanking on a project? This has been a serious issues among men, I am of the opinion that it is not possible building and saving money at the same time, because if you are building it becomes a priority to you all your thinking and thought should definitely be there, if you have money anywhere you can not think of saving while your building, at least one thing to another.

It is very possible to save money while conducting huge project because not all will build from all the money they have but instead they built from what they're getting from there income, I can only use all the money I have to enback on a project when I already have some existing investment so that by the time I will successfully complete the projects with all the money I will need other money to buy something the initial one didn't complete and by doing this, it will come from the investment I had in mind so actually from the profit those things will start putting in place. So actually is important not to only think about how the money could complete the project but is also good to think about the circumstances after then.

[goldkingcoiner]

I have just been thinking how can a man save money and equally embanking on a project? This has been a serious issues among men, I am of the opinion that it is not possible building and saving money at the same time, because if you are building it becomes a priority to you all your thinking and thought should definitely be there, if you have money anywhere you can not think of saving while your building, at least one thing to another.

I have worked with a lot of projects, especially crypto in marketing. And one thing that always pissed me off is that project leaders would rather save a penny than invest into their own business. Of course you should be careful and think thrice and even four times, before spending money... But saving money is just going to lead to destruction of quality and lower user retention.

[Judith87403]

I have just been thinking how can a man save money and equally embanking on a project? This has been a serious issues among men, I am of the opinion that it is not possible building and saving money at the same time, because if you are building it becomes a priority to you all your thinking and thought should definitely be there, if you have money anywhere you can not think of saving while your building, at least one thing to another.

Everything is planning if you plan well of course you can save money while you handle your project unless you don't plan well before embarking on the journey, though you may be right when you said that is not possible to save and also make a building at the same time. But if you have a good cash flow you won't find it difficult to make savings while building your project, because you can decide either to use your monthly income for the project and then use the profit you're going to make in your business or Investment for expenses and also for savings. So therefore I think the answer is yes"  is possible to save money when handling a project that's for those that have a good Cash flow.

[Muba20]

I have just been thinking how can a man save money and equally embanking on a project? This has been a serious issues among men, I am of the opinion that it is not possible building and saving money at the same time, because if you are building it becomes a priority to you all your thinking and thought should definitely be there, if you have money anywhere you can not think of saving while your building, at least one thing to another.

Every work requires money. So we should give priority to money first. If you want to start working on a project, you should first know how much the estimated cost of that project can be and accordingly you should provide money. If in the future more money is needed, then you should also have knowledge about how you will manage your project at that time. That is why I think that there must be sufficient money before starting a project. So it is necessary to save money first and then spend it on the project. It is difficult to save money while working on a new project because there will be expenses and if someone focuses on saving without increasing it, then his project will have a negative impact.

[SmartGold01]

You must have to save up money before venturing any projects out there and again when there are no good sources of income you could find it very hard to continue your project including saving money. In fact, you must first have something doing before you could think about having savings otherwise you can't carry out project when there is no source of income. Even though you saved money when there is no work where the money is coming from it would take long time for that project to be completed.

[Oluwa-btc]

That'll be possible, depending on your sources of income too.it’s definitely possible to save money when handling a project.The major thing is smart planning,cost control,and resource management.However, it's not even everyone that can execute such goal

[bitzizzix]

I have just been thinking how can a man save money and equally embanking on a project?

Adequate preparation is the key to achieve anything you want to achieve in life so if you want to start up any project as a man you need to make good plans have some money reserved before you begin the project so that when you begin you will not find it difficult to complete your project. If you have a well paying job the best thing is to take your savings seriously then you can use the remaining to be doing your project and also feeding.

Also, you need contingency plans so if one option didn't work, you have other options to fall back onto. You should not rely on only one source of income as well because that would be catastrophic if that won't work. So you should have other income streams that you can get.

Of course, to achieve the desired success, we must work hard, and income is the main source. If we don't have enough money, or to achieve it, we must focus on prioritizing setting aside a large portion of our money for desired project goals. Finding or having other sources of income is a solution to solve everything, but we must struggle and work hard consistently to find sources of income so that the income generated is substantial. And planning or setting aside money for an emergency fund is also important because we will never know what will happen on the way to our goals, and set aside money in case the unexpected happens and we don't use the money that has been set aside for projects and other things because it will confuse you later.