The Future Is Here!
Digital Global℠ Forum

Register
Join
+ 108 more

Best way to save money

Status
Not open for further replies.

ahmedo24

Well-known member
3,727
255
Credits
9,640
#1
We all love comfort and fulfillment and most times to achieve these desires, then we need money and savings because some dreams take a long time. I prefer to save my money for future use by investing in stocks. Do you save yours in the bank to yield interest or what?
 
1,276
523
Credits
11,985
#2
We all love comfort and fulfillment and most times to achieve these desires, then we need money and savings because some dreams take a long time. I prefer to save my money for future use by investing in stocks. Do you save yours in the bank to yield interest or what?
I save money by not spending money on things I do not need. Investing in stocks is not saving, it is investing hoping you make a return on your invest, and savings account do not yield that much interest, almost nothing, however, if you are a millionaire, then I am sure you will earn interest, but you will need a lot of money in your savings account, and I am fairly certain that people with lots of money will put their money into accounts that will pay better interest than that of a normal savings account.
 

Kei

Well-known member
696
123
Credits
3,340
#3
I simply do not buy useless things when I wish to save. Matter of fact, I'm always saving since I only buy just about the things I need. Some people wait for freebies, bonuses, vouchers, promo etc so they won't have to spend their money. That way, they'd have extra to put away.
 
1,276
523
Credits
11,985
#4
I simply do not buy useless things when I wish to save. Matter of fact, I'm always saving since I only buy just about the things I need. Some people wait for freebies, bonuses, vouchers, promo etc so they won't have to spend their money. That way, they'd have extra to put away.
Some people buy things they need, and others go beyond that. I would like to have a brand new TV, however, the TV I have is 5 years old, and still working fine, and therefore, I can not really justify buying a TV if I really do not need too. I certainly would like to buy a new car, however, my old car runs just fine, but one day, I may need to buy a car as they rarely run forever, and if I am not buying, then I am saving until a day comes that I may have to buy that TV, Car, or dishwasher that broke only after a year, ROFL.
 

ahmedo24

Well-known member
3,727
255
Credits
9,640
#5
I simply do not buy useless things when I wish to save. Matter of fact, I'm always saving since I only buy just about the things I need. Some people wait for freebies, bonuses, vouchers, promo etc so they won't have to spend their money. That way, they'd have extra to put away.
You are right but i wouldn't know if you also experience this!!! You go to a mall for shopping with excess money with the intention to spend certain amount but on getting there you find somethings attracting and you get them, which ordinarily if you were not with excess cash you will only admired them and live but the excess cash push or prompt to buy them
 
1,276
523
Credits
11,985
#6
You are right but i wouldn't know if you also experience this!!! You go to a mall for shopping with excess money with the intention to spend certain amount but on getting there you find somethings attracting and you get them, which ordinarily if you were not with excess cash you will only admired them and live but the excess cash push or prompt to buy them
If I have extra money, then normally that will go into my savings account, and to be honest, I do not do a lot of online shopping, and when I do buy something online it is probably because I need it, and every now and then, I may buy a DVD from eBay. My phone has been acting up since I got it, so when I go get a new phone, it is not because I just want to get a new phone, it will be because I need to get a new phone because my old phone is giving me problems, and that is what I will have to do, not because I want too.
 

Kei

Well-known member
696
123
Credits
3,340
#7
You are right but i wouldn't know if you also experience this!!! You go to a mall for shopping with excess money with the intention to spend certain amount but on getting there you find somethings attracting and you get them, which ordinarily if you were not with excess cash you will only admired them and live but the excess cash push or prompt to buy them
When you have personal discipline and the intention of saving, you'd know better than to go out with excess money. Even when you have that much, you'll never spend it if you don't intend to.
 

ahmedo24

Well-known member
3,727
255
Credits
9,640
#8
When you have personal discipline and the intention of saving, you'd know better than to go out with excess money. Even when you have that much, you'll never spend it if you don't intend to.
I agree with you reasonably cos this now depends on individual level of financial discipline and avoidance of excesses.
 

Gabbar

Well-known member
11,713
1,246
Credits
26,715
#9
I love to save money and when we can save money from spending that's the most awesome feeling. To achieve that I like to pay most of my bills online and that helps me earn some cash back and that helps a lot.

Also, I am investing in forex and Binary trading through a friend and it's a great feeling to earn from my investment.
 
D

Deleted member 62

Guest
#10
I save my money by not buying unnecessary things,nothing one junks of money like unnecessary stuff,I only spend my money on things that are very important and valuable, that way I will have saved tons of money.
 

Gabbar

Well-known member
11,713
1,246
Credits
26,715
#11
I like to delay my buy decisions and with that I am able to save money, Like if I need to buy a product and I can delay it than most of the times I delay my purchase and this also helps.
 

moh254

Well-known member
1,692
138
Credits
2,915
#12
I find PayPal as a good way of saving cash especially if you come from a country which allows you to keep money in your accounts. Also,saving cash in bank account can be good as well although the charges will be a great hindrance.
 

Gabbar

Well-known member
11,713
1,246
Credits
26,715
#13
I find PayPal as a good way of saving cash especially if you come from a country which allows you to keep money in your accounts. Also,saving cash in bank account can be good as well although the charges will be a great hindrance.
I cannot save in PayPal but all my earnings go into my linked bank account and thereby I am saving and sometimes earn a minimal rate of Interest on my savings as well.
 

chameli

Well-known member
4,121
529
Credits
4,965
#14
A large percent of my income goes to pay entertainment bills Cable TV bills, DVDs, Movie streaming, movie tickets. If I want to make a saving, I need to cut these expenses. The best way to save is cut the expenses on something that you are doing too much.
 

ahmedo24

Well-known member
3,727
255
Credits
9,640
#15
A large percent of my income goes to pay entertainment bills Cable TV bills, DVDs, Movie streaming, movie tickets. If I want to make a saving, I need to cut these expenses. The best way to save is cut the expenses on something that you are doing too much.
Probably you have other offline incomes that can be save, cos it is possible that you subscribed to most of these services online and PayPal may be part of payment options. Online earnings may take care of them while offline goes for savings
 

Gabbar

Well-known member
11,713
1,246
Credits
26,715
#16
Buy when it's absolutely necessary and try to compare the prices between different stores and websites before purchasing. This may take some time but will help us to save money.
 
Status
Not open for further replies.
Top