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Re: When you find it hard to save.

Postby Semi » 22 Aug 2023, 03:33

When you find it hard to save as it is, you should try and avoid anything that would trigger you to spend impulsively. If it is drinks, don't go near a
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Re: When you find it hard to save.

Postby augusta » 31 Aug 2023, 03:02

Save first and not after expensing money. No one can go wrong with this one tip it can be done if one set the mind at it
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Re: When you find it hard to save.

Postby nela13 » 01 Sep 2023, 13:05

Pousinha wrote:The compulsory medicines one of my nieces uses costs 300 reais per box and she only gets a minimum pension for disabled from the government. Impossible to live if she would have to pay for a rent and bills instead of staying with her mother. She would have to choose between starving or suspend treatment and both options would lead her to dye soon. How to save a single penny in such conditions?

Some families are facing many financial problems due to inflation, many cannot even pay their home loans and end up losing their house. We see people trying to find ways to survive but for some that is truly difficult.
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The Easy Way to save.

Postby oldbuddy » 01 Sep 2023, 13:35

I just read all three pages of comments on this thread and did not see my savings method at all. What I do is work a few low-paying side-gigs (like Forum Coin and Survey Sites) and dedicate my earnings from them to savings. I don't see any impact on my household budget that way and it can surprise you how savings can grow if you invest them to accumulate Daily Compound Interest over a few years.
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Re: When you find it hard to save.

Postby Pousinha » 01 Sep 2023, 17:31

nela13 wrote:Some families are facing many financial problems due to inflation, many cannot even pay their home loans and end up losing their house. We see people trying to find ways to survive but for some that is truly difficult.

Poor people: where do they go to live? An acquaintance of mine ended to sleep into abandoned trains when he lost his job and consequently he couldn't pay for the rent any more. He received an eviction order from the tribunal and in addition, a thieve stole his bike, the only vehicle he owned.

oldbuddy wrote:I just read all three pages of comments on this thread and did not see my savings method at all. What I do is work a few low-paying side-gigs (like Forum Coin and Survey Sites) and dedicate my earnings from them to savings. I don't see any impact on my household budget that way and it can surprise you how savings can grow if you invest them to accumulate Daily Compound Interest over a few years.


Unfortunately, surveys don't fit at all most of users living in whatever country in the south of the world. Us living in tier 3 and tier4 countries are considered the worst target for companies. You are lucky to live in a top tier English speaking country, the best geographic area for gigs too, where a native English speaking fluency is often required. Among various of our southern countries, we also face tax laws matters (especially in south Europe and Latin America). Users performing gigs are considered freelancers tout court and as freelancers, we usually get compelled to a registration to the municipality/Major's House and Social Security too and depending on the country, it may cost half of a minimum salary per month. Not worth, as gigs use to pay 5 dollars per gig. If we don't register and a tax officer catch us, we take our toll cause huge penalties.
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Re: When you find it hard to save.

Postby NanaRiley » 01 Sep 2023, 17:59

Saving money can be challenging for many people. Whether saving money is hard or easy depends on individual circumstances, habits, and mindset. Some save. whether saving is easy or hard is highly individualized. It depends on various factors, including your financial situation, knowledge, habits, and goals. With the right strategies and mindset, most people can make saving a more manageable and successful part of their financial life.
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Re: When you find it hard to save.

Postby Recob » 02 Sep 2023, 02:47

I think one factor that makes people not able to save is the inability to forgo certain lifestyles. That lifestyle might be draining their finances but they can't adjust to start savings
.
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Re: When you find it hard to save.

Postby Yohanna » 02 Sep 2023, 03:09

You find it so hard to save certain amount of money if you do not have a very good savings plan on ground.
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Re: When you find it hard to save.

Postby Tendz » 13 Sep 2023, 07:02

Without a solid savings plan, it becomes challenging to saving money. A good savings plan establishes clear objectives.
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Re: When you find it hard to save.

Postby SHAHID987 » 13 Sep 2023, 07:09

Nowadays I find hard to save because I was saving money on regular basis, sometime the amount remain very low but I was doing it regularly on monthly basis but now due to high inflation I am not able to do so.
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Re: When you find it hard to save.

Postby nela13 » 13 Sep 2023, 09:13

Pousinha wrote:Unfortunately, surveys don't fit at all most of users living in whatever country in the south of the world. Us living in tier 3 and tier4 countries are considered the worst target for companies.

That is true, the same happens with me, despite I live in Europe, my country isn't considered a tier 1 or 2, so I don't have access to many sites that could give me a good side income.

Today I read that Europe is going into recession next year, this is scary, inflation will increase and consequently the difficulties of families. :( :(
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Re: When you find it hard to save.

Postby Nsikan » 13 Sep 2023, 15:40

I still try to force myself to save at least weekly. The amount might be like $1 but it's something that can add up at the end of the year.
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Re: When you find it hard to save.

Postby oldbuddy » 13 Sep 2023, 20:24

I find it simple to save daily, since I just save money I get for free that earns me more every day afterward.
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Re: When you find it hard to save.

Postby Pousinha » 14 Sep 2023, 03:45

nela13 wrote:
Pousinha wrote:Unfortunately, surveys don't fit at all most of users living in whatever country in the south of the world. Us living in tier 3 and tier4 countries are considered the worst target for companies.

That is true, the same happens with me, despite I live in Europe, my country isn't considered a tier 1 or 2, so I don't have access to many sites that could give me a good side income.

Today I read that Europe is going into recession next year, this is scary, inflation will increase and consequently the difficulties of families. :( :(


Inflation will be thevillain in many country. In south America we still face covid consequences :shock:

oldbuddy wrote:I find it simple to save daily, since I just save money I get for free that earns me more every day afterward.


Dear friend, it's easy if you have a good salary and in addition you are not compelled to support a good number of unemployed and/or disabled member families (and their friends, as it happens in Latin environments). In such cases, especially if only counting on a minimum salary, it's simply pretty impossible.
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Re: When you find it hard to save.

Postby Uty Theo » 14 Sep 2023, 04:19

Even with the economic challenges, people who are serious with savings still save money. You just need to tweak your lifestyle by taking measures like meal planning, tracking expenses and other money control measures and you would have something to save.
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Re: When you find it hard to save.

Postby Pousinha » 14 Sep 2023, 04:38

It's very hard if you only have a small salary and 40 people per day to feed (it seriously happened to my mother-in-law and I'm not kidding). My mother-in-law was even forced to neglect her own health cause an entire host of people to feed on a daily basis (sons, daughters, in-laws, grandchildren and their friends too). Her pension went away in a time frame less than a week.
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Re: When you find it hard to save.

Postby nela13 » 14 Sep 2023, 09:13

Pousinha wrote:It's very hard if you only have a small salary and 40 people per day to feed (it seriously happened to my mother-in-law and I'm not kidding). My mother-in-law was even forced to neglect her own health cause an entire host of people to feed on a daily basis (sons, daughters, in-laws, grandchildren and their friends too). Her pension went away in a time frame less than a week.

That is insane :o Are all those people unemployed? Your mother-in-law surely needs her pension to survive, how does she survive the rest of the month?
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Re: When you find it hard to save.

Postby Sojourn » 14 Sep 2023, 09:20

nela13 wrote:
Pousinha wrote:It's very hard if you only have a small salary and 40 people per day to feed (it seriously happened to my mother-in-law and I'm not kidding). My mother-in-law was even forced to neglect her own health cause an entire host of people to feed on a daily basis (sons, daughters, in-laws, grandchildren and their friends too). Her pension went away in a time frame less than a week.

That is insane :o Are all those people unemployed? Your mother-in-law surely needs her pension to survive, how does she survive the rest of the month?


Why would any sane and rational person feed so many mouths and more so when she/he depends on a pension? It is embarrassing to even think of living off an old lady's pension. This is a highly disgraceful attitude of her benefactors :thumbdown:
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Re: When you find it hard to save.

Postby Pousinha » 15 Sep 2023, 04:52

nela13 wrote:
Pousinha wrote:It's very hard if you only have a small salary and 40 people per day to feed (it seriously happened to my mother-in-law and I'm not kidding). My mother-in-law was even forced to neglect her own health cause an entire host of people to feed on a daily basis (sons, daughters, in-laws, grandchildren and their friends too). Her pension went away in a time frame less than a week.

That is insane :o Are all those people unemployed? Your mother-in-law surely needs her pension to survive, how does she survive the rest of the month?


Yes, all those people were unemployed. They lived in a very disfavoured geographic area. Lack of education did the rest. My poor mother-in-law died in 2021 cause diabetic issues, but in that time she wasn't facing the previous matter, because some of the family members worked hard to get High School and even university degrees to change their life to better and stop depending on third aged people. Unfortunately, the oldest and disabled ones couldn't.

Sojourn wrote:
nela13 wrote:
Pousinha wrote:It's very hard if you only have a small salary and 40 people per day to feed (it seriously happened to my mother-in-law and I'm not kidding). My mother-in-law was even forced to neglect her own health cause an entire host of people to feed on a daily basis (sons, daughters, in-laws, grandchildren and their friends too). Her pension went away in a time frame less than a week.

That is insane :o Are all those people unemployed? Your mother-in-law surely needs her pension to survive, how does she survive the rest of the month?


Why would any sane and rational person feed so many mouths and more so when she/he depends on a pension? It is embarrassing to even think of living off an old lady's pension. This is a highly disgraceful attitude of her benefactors :thumbdown:


This is the culture of my current country, unfortunately. In the north of my former country, any sane and rational people won't even dream to feed 40 people per day when depending on a single pension, but that's Latin America! It's a different culture. I understand, even if I can't conceive and support such a habits.
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Re: When you find it hard to save.

Postby nela13 » 15 Sep 2023, 09:49

Pousinha wrote:Yes, all those people were unemployed. They lived in a very disfavoured geographic area. Lack of education did the rest. My poor mother-in-law died in 2021 cause diabetic issues, but in that time she wasn't facing the previous matter, because some of the family members worked hard to get High School and even university degrees to change their life to better and stop depending on third aged people. Unfortunately, the oldest and disabled ones couldn't.

I understand, people who are born in a very difficult economic situation often do what they can, not what they want. Surely those who depended on your mother in law wanted to have a job and their own money but unfortunately they didn't. Your mother in law had a big warm heart to help all of them.
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