1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

How Do You Save Up Money?

Discussion in 'Making Money' started by KostyDays, Mar 16, 2017.

  1. KostyDays

    KostyDays Registered Member

    Joined:
    Aug 13, 2013
    Messages:
    54
    Likes Received:
    7
    Hey guys,

    I happen to be a teen that has a little success in the internet marketing world.. although I'm not enjoying it optimally because of my spending habits. I always have enough but I just keep spending. It's because I rack disciprin when it comes to saving money.
    Everytime I start saving up a little I keep touching it.

    So my question is for me and maybe alot more people..
    How do you save up money other than a savings account?

    I hope you guys have some creative tips/tricks/advice :)
     
  2. mickyfu

    mickyfu Jr. VIP Jr. VIP

    Joined:
    Dec 14, 2011
    Messages:
    7,222
    Likes Received:
    20,806
    Occupation:
    King Of Crypto C
    Location:
    Solihull Young Offenders
    Make more than you can spend.
     
  3. KostyDays

    KostyDays Registered Member

    Joined:
    Aug 13, 2013
    Messages:
    54
    Likes Received:
    7
    Ofcourse, that's what I usually do or strive to do. But it's smart to do some small saving in the mean time.
     
  4. ExecutiveDude

    ExecutiveDude Power Member

    Joined:
    Jul 21, 2014
    Messages:
    547
    Likes Received:
    29
    The best way is to do automatic saving .
     
  5. KostyDays

    KostyDays Registered Member

    Joined:
    Aug 13, 2013
    Messages:
    54
    Likes Received:
    7
    Yeah but it's really attractive to touch it. And it's nice to be able to touch it in emergencies.

    I was thinking about investing in gold through an app like 'BUX' or bitcoins? What do you guys think? If the gold way would be decent to invest in.. would you advice another site/app?
     
  6. AceCanoe

    AceCanoe Junior Member

    Joined:
    Feb 1, 2016
    Messages:
    128
    Likes Received:
    29
    By saving up money.

    [​IMG]
     
    • Thanks Thanks x 2
  7. Peter Ngo

    Peter Ngo Jr. VIP Jr. VIP

    Joined:
    Apr 23, 2013
    Messages:
    2,108
    Likes Received:
    1,713
    Occupation:
    I browse BHW for a living
    Location:
    The Internet
    Well i think a simple trick is save before you spend, put 5$ into your bank doesn't matter what. You can easily save $1k3 per year.
     
  8. zionbar

    zionbar Jr. VIP Jr. VIP

    Joined:
    Apr 6, 2015
    Messages:
    421
    Likes Received:
    188
    Gender:
    Male
    Occupation:
    Entrepreneur
    Location:
    Sunny Florida
    Simple - PAY YOURSELF FIRST
    Same way the IRS will take money from your salary before it even gets to your account
    You can set up an account that takes X% of the money before it reaches your bank account and send it to a savings acc that you cant touch contact your bank for more info
     
  9. Mr Go Figure

    Mr Go Figure Regular Member

    Joined:
    Sep 17, 2016
    Messages:
    206
    Likes Received:
    68
    Reminds me of someone when I complain about money problemzz.
     
  10. cheva

    cheva Regular Member

    Joined:
    Aug 22, 2009
    Messages:
    349
    Likes Received:
    404
    Location:
    Aiur
    piggy bank
     
  11. Samwacgamchy

    Samwacgamchy Jr. VIP Jr. VIP

    Joined:
    Jan 11, 2017
    Messages:
    221
    Likes Received:
    45
    Gender:
    Female
    invest that money somewhere where it will be safe? People spend a lot when they have easy access to money. Credit cards, paypal balance etc. If you put that money elsewhere like in banks, funds etc. then you won't have access to that cash and then you won't have to worry about spending.
     
  12. KostyDays

    KostyDays Registered Member

    Joined:
    Aug 13, 2013
    Messages:
    54
    Likes Received:
    7
    I think I'm just gonna invest in gold/silver coins. Since I'm not really looking to make big profits.
     
  13. arlamelk

    arlamelk Junior Member

    Joined:
    Sep 6, 2015
    Messages:
    110
    Likes Received:
    22
    Location:
    Denmark
    Cryptocurrencies, like Bitcoin could be a wise choice. They don't have a lot of appliances right now, so it would be hard to spend them fast and they could serve you as a saving account/risky investment.
     
  14. RoyDanino

    RoyDanino Junior Member

    Joined:
    Dec 17, 2013
    Messages:
    123
    Likes Received:
    38
    Gender:
    Male
    Occupation:
    AdWords Specialist
    Location:
    Israel
    Home Page:
    It will serve you better to teach yourself self disipline instead of trying to find ways around it. There will be times where you'll need to save off the money you live from (salary, IM, whatever) in order to pay bills, rent, mortgage etc.
    you better learn it while it's still easy and you have a safety net.
     
    • Thanks Thanks x 1
  15. Azcension

    Azcension Newbie

    Joined:
    Mar 12, 2017
    Messages:
    42
    Likes Received:
    130
    Gender:
    Male
    Control your impulses and grow up -- adult-ing means saving.
     
  16. BassTrackerBoats

    BassTrackerBoats Super Moderator Staff Member Moderator Jr. VIP

    Joined:
    Mar 10, 2010
    Messages:
    16,775
    Likes Received:
    30,796
    Occupation:
    Selling CPA Sites
    Location:
    Not England
    Home Page:
    Part of everything you earn is yours to keep.

    Get a copy of "The Richest Man in Babylon" and follow those principles.
     
    • Thanks Thanks x 2
  17. datsunguy

    datsunguy Supreme Member

    Joined:
    Sep 30, 2016
    Messages:
    1,468
    Likes Received:
    1,072
    Occupation:
    professional duck
    Location:
    a pond near you
    Home Page:
    simple tip: Dont buy shit you dont need.

    Round down your income and round up your expenses, was you salery for example $550 this month? then just think you've made 500.
    do your bills add up to $340 this month? then just think of it as $400 in bills, simple shit and has helped me save tons.


    get rid of unnecessary expenses, like a phone or sim contract that offers more then you need, get cheaper insurance etc etc. even if it's just a bit it still adds up.

    At my previous job whenever i got my tips I used to take all bills above 10 Euros and put it away to save up, the rest I put in my pocket to spend, i managed to save up about 500ish euros in 6 months from only those tips (I had other savings too). and i didnt miss the money while i was saving it.
     
    • Thanks Thanks x 1
  18. John Escalona

    John Escalona Regular Member

    Joined:
    Nov 22, 2016
    Messages:
    283
    Likes Received:
    33
    Gender:
    Male
    Occupation:
    Affiliate Manager
    Well I have an account that can only be withdrawn thru the counter with a bank teller. Restricted to ATMs so I won't be touching that easily anytime soon.
    Make a monthly challenge also to yourself to keep a specific amount and try to check it at the end of the year how much you've made.
     
  19. Craig Davison

    Craig Davison Newbie

    Joined:
    Mar 12, 2017
    Messages:
    22
    Likes Received:
    2
    Gender:
    Male
    Location:
    Hampshire, UK
    Home Page:
    Have an emergency fund and just save a little bit every day. Everyone starts somewhere
     
  20. Greengolegend

    Greengolegend BANNED BANNED

    Joined:
    Feb 11, 2017
    Messages:
    377
    Likes Received:
    90
    Gender:
    Male
    1. You don't need to have expensive clothes.
    2. Don't give money towards online games.
    3. Don't buy junk food or food at all outside of home.
    4. Remind yourself why you want to save money.
    5. Keep in mind that once money is spend you can't spend it anymore.
    6. Instead of spending dollars, make them work for you.