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Do you save money?

Discussion in 'BlackHat Lounge' started by jasonac2, Apr 25, 2009.

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  1. jasonac2

    jasonac2 Junior Member

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    Most of us pretty young adults and probably aren't thinking about retirement or purchasing a house. I'm curious how many people here save money. Do you spent all your money? Do you save a % of it for cool toys and gadgets? Do you put all of it back into BH methods?


    Personally I've been saving 99% of my month to buy a new car in september. I've spent less that $150 per month since last summer mostly on a bus pass to university. It's hard not to buy things but I hope it will be worth it in the end.:)
     
  2. dschill

    dschill Newbie

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    Hmm well right now im just trying to get enough money to pay for all my bills and then ill be saving for stuff such as a car and new apartment where i wanna move. Im sure once i start making more tho a lot of my money will also be re-invested.
     
  3. wowhaxor

    wowhaxor Elite Member

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    Most of the time I save very little besides from what I know my bills are. Its time to move though so I am saving like 90% right now. My girl and I move to a new state every 8 months to a year, love it.
     
  4. yeti_racer

    yeti_racer Junior Member Premium Member

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    Not saving as much as I should be. Putting in the max match + a couple % in the wifes 401k and about 5% in other places. The rest is going to get rid of our CC debts.
     
  5. Gadi and Deborah Slade

    Gadi and Deborah Slade Newbie

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    No doubt, The saving is a good habit but it is all about willpower of less or no spending. After that, you can enjoy anything. I highly appreciate.
     
  6. ilovetobun69

    ilovetobun69 Supreme Member

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    I like to invest my saving money .
     
  7. TheVigilante

    TheVigilante Jr. VIP Jr. VIP

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    What rubbish stop bumping 9 year old thread
     
  8. Loxo

    Loxo Regular Member

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    You found 9 yo old thread, gj man. :D
     
  9. Sc4r3cr0w

    Sc4r3cr0w Newbie

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    Thread Start Date 2009
     
  10. Andzej

    Andzej Junior Member

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    I am trying to save at least 10% of my money for a "Black day" and also I am trying to save another part of my money for something I want to buy.
     
  11. loggerhead

    loggerhead Newbie

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    i would rather invest all of my savings, although having a little savings is good but def not more than 5-10k
     
  12. MisterF

    MisterF Moderator Staff Member Moderator Jr. VIP

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    Like membership upgrade to advertise a service, perhaps?
     
  13. El Duque

    El Duque Regular Member

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    Occupation:
    I swear I'm not hacker
    real job > save
    internet money > pay bills, car stuff, some gift to my gf..
     
  14. pofigy

    pofigy Senior Member

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    wow 9 year old thread got bumped ,someone find thread which is not active since 2007 and bump it )) ha ha
     
  15. cxrtx

    cxrtx Newbie

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    I'm 21, no college education, self employed online, and i try to save every penny.
     
  16. magicjones

    magicjones Regular Member

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    You wouldn't not save in a video game so why wouldn't you not save in real life?
     
  17. John4life2017

    John4life2017 Elite Member

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    Earn more + Save more = Path to financial freedom!
     
  18. t2van

    t2van Power Member

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    I've been buying bullion for the last 18 years. I assign around 20% of my income to buying bullion that's my pension. I buy every month and it sits in a safe. I can't spend it or withdraw it that easily so removes the temptation.

    The other 30% goes into a split ISA for my kids.
     
  19. SeoProMatt

    SeoProMatt Regular Member

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    Right now I make about $6,500/month after taxes with my online income and my full time job.

    I spend $300 a month (living with my parents). Most of that $300 is on gas, eating out 1-2 times a week, and my car payment.

    I spend another $200 for the hosting for my site and PBN.

    The other $6,000 is to pay off my student loans. Those banks are animals and I need to get them off my back.

    After I finish paying off my loans (9-12 months). I'm going to move out and try to live on 20%-30% of my income and throw the rest in investments (Stocks, Real Estate, Mutual funds).

    I'm 21 right now and I'm trying to retire at 35-40 so I need to constantly be investing and increasing my income.

    Trying to get my online passive income to at least $5,000/month so I can quit my full time job and focus on making money online and real estate investing. Wish me luck fellas!
     
    • Thanks Thanks x 2
  20. John4life2017

    John4life2017 Elite Member

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    Good luck bro :)
     
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