Quote from: Nyenyepogi on June 25, 2018, 05:09:28 AM

Quote from: goaldigger on March 11, 2018, 12:51:41 AM

I dont know if this where the right place to post but here it is. This is most applicable for those minimum wage earner who struggles in life and wanted to invest too.

* DONT SPEND BEYOND WHAT YOU EARN.

This is particular to those credit card addicts where swipping it is their life. They spend most of their needs on cards, groceries, gadgets installment etc. They spend beyond their limits and usually paying excess charges because of this. They often didnt get through this swipe pay cycle because of their limited fund capacity.

* SAVE FIRST BEFORE SPENDING

I think this is the hardest part of the financial budget if you are earning just right for paying your monthly bill and daily necessities. But what will you have to do ? . You dont need that high portion of savings everytime. For example , you have $50 on your hand in excess of your expenses, budget it for a week in a very cheap way , groceries would be better, then save what is remained. Take aside your weekly starbucks and put it on your bank.You can take coffe at home or on a cheap way. Small amounts will get big in a time and you can start investing after. You can always reward yourself after if you start investing and earned passively.

* SET SOME GOALS

This is the most effective way ive done so far. Being comitted on your goal is almost 100% sure. If you are setting a goal for example this year where you have to save $5 weekly and you will save $260 in the end of the year, if you always looking for the outcome, im sure you will do this without leaping or maybe advance save it up.

All three of this is what i do everytime ans it helps me save and gain some capitals for investment on cryptocurrency. I hope these three would help someone even on a little way.

That is a good advice and it is very helpful but in my case its hard to do because there are many temptation that can makes my feelings become satisfied, So the real problem is my self because I need to control my self and self discipline is needed to make things right. So I willing to follow this advice.

Yeah better to follow this advice as it will help you in a long run. Well, it's really hard to resist temptations especially if you're surrounded by it however you can still use this as motivation to control your eagerness. Better to think and analyze if that thing is really worthy and of course be contented from what you have. If you learn this then everything will follow through.