#11. Posted:
Katsumi
  • Christmas!
Status: Offline
Joined: Jan 23, 20118 Year Member
Posts: 17,131
Reputation Power: 2002
thestaticstreetwear wroteThe best way to save money is by cutting out most of the LIABILITIES.

(A Liability is something that takes money out of your pocket OR something that you DO NOT need that much) e.g a new designer jacket, fancy shoes, snacks etc.

Doing so, replace the LIABILITIES with ASSETS (An asset is something that puts money into your pocket OR things that you NEED) e.g
The most common asset is investing either being long term or short term. Putting money away/into something hoping that the value will appreciate over time.

A lot of people don't know this but a mortgage is actually a liability. As long as you have a roof over your head, you are fine.

Hope this helped mate.


thank you Robert Kiyosaki
#12. Posted:
iamtammi
  • New Member
Status: Offline
Joined: Feb 27, 2019
Posts: 1
Reputation Power: 0
Once all of your bills are paid for the pay period (or you've mentally subtracted what will be auto-paid later in the pay period), EVERY DAY, check your bank balance and then divide the amount by how many days are left in the pay period to get a daily "available for spending" balance, and don't spend a penny over that. This TechBrighter get some inspiration on money management.
#13. Posted:
Zema
  • Rigged Luck
Status: Offline
Joined: Oct 11, 20181 Year Member
Posts: 2,036
Reputation Power: 5551
Motto: Lowest Tenure to Achieve Rigged Luck ! Ez Clap ! Obtained at 5 Months !
just dont spend money and only buy what you need
#14. Posted:
Gavin-
  • TTG Fanatic
Status: Offline
Joined: Nov 02, 20135 Year Member
Posts: 4,333
Reputation Power: 1849
I saved a lot of money by prepping my own meals and coffee. Spent around 10 euros per day for all my food and drank water. I was able to buy my own gaming pc and buy tickets to an expensive enough festival and still have money left over. Also you will develop a healthy eating habit.
#15. Posted:
Human
  • E3 2016
Status: Offline
Joined: May 01, 20109 Year Member
Posts: 5,817
Reputation Power: 247
i suck at budgeting too. i have one but i never follow it, rip
#16. Posted:
Eli
  • Summer 2019
Status: Offline
Joined: Jun 12, 20136 Year Member
Posts: 793
Reputation Power: 130
What I usually do (I'm still in high school) If I have above $50 in my wallet or in my account whatever money my dad gives me I put it in my dresser and save it it'll eventually accumulate to nice amount.
Users browsing this topic: None
Jump to:


RECENT POSTS

HOT TOPICS