#11. Posted:
Katsumi
  • Supporter
Status: Offline
Joined: Jan 23, 201113Year Member
Posts: 17,175
Reputation Power: 2037
Status: Offline
Joined: Jan 23, 201113Year Member
Posts: 17,175
Reputation Power: 2037
thestaticstreetwear wrote The 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:
Zema
Status: Offline
Joined: Oct 11, 20186Year Member
Posts: 2,705
Reputation Power: 7478
Status: Offline
Joined: Oct 11, 20186Year Member
Posts: 2,705
Reputation Power: 7478
just dont spend money and only buy what you need
#13. Posted:
Gavin-
  • Blind Luck
Status: Offline
Joined: Nov 02, 201311Year Member
Posts: 4,340
Reputation Power: 1865
Status: Offline
Joined: Nov 02, 201311Year Member
Posts: 4,340
Reputation Power: 1865
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.
#14. Posted:
Human
  • E3 2016
Status: Offline
Joined: May 01, 201014Year Member
Posts: 5,834
Reputation Power: 249
Status: Offline
Joined: May 01, 201014Year Member
Posts: 5,834
Reputation Power: 249
i suck at budgeting too. i have one but i never follow it, rip
#15. Posted:
Eli
  • Summer 2021
Status: Offline
Joined: Jun 12, 201311Year Member
Posts: 1,191
Reputation Power: 205
Status: Offline
Joined: Jun 12, 201311Year Member
Posts: 1,191
Reputation Power: 205
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