How do you try to come up with a working plan based on your budget to save money

[Bigron]

Buying a certain kind of profitable commodity could be really risky investment. For example, investing in bitcoin is risky and many people have lost money when they invested in such kind of commodities that might not be performing well.

Risky investments are quite possible, more so in the online space. However, it is really essential to conduct as much research as you can into how the business is operated, among other things.

 

[Good-Person]

Risky investments are quite possible, more so in the online space. However, it is really essential to conduct as much research as you can into how the business is operated, among other things.

There are many companies that tend to invest in a risky asset like stocks of other companies. This is because companies have to rely on the performances of other companies as well. This goes true for fund management companies.

 

[tyrim88]

I think it is always a good idea to have a great back up plan. However, I think you must try to make a good plan in order to deal with your expenses in the first place. This is what I do. I try my best to reduce my expenses a lot and then try to manage my budget in a proper way.

There is no wy any person that want to grow and be stable financially that would not employ the art of prudent savings and be discipline with his finances,it is the key to wealth.

 

[Good-Person]

There is no wy any person that want to grow and be stable financially that would not employ the art of prudent savings and be discipline with his finances,it is the key to wealth.

Saving money is indeed important, however, making more and more money is the key to creating a successful life. This is why I think that a person must work hard and save money as well.

 

[tyrim88]

Saving money is indeed important, however, making more and more money is the key to creating a successful life. This is why I think that a person must work hard and save money as well.

One thing you will take to know a successful man or business financially is that they never run out of funds when they want to invest in most of their projects,and that is a function of their discipline saving culture.

 

[Georgeadawara]

I think it is always a good idea to have a great back up plan. However, I think you must try to make a good plan in order to deal with your expenses in the first place. This is what I do. I try my best to reduce my expenses a lot and then try to manage my budget in a proper way.

Yes you're absolutely right by saying this, in order to achieve the best in everything you do it is very important for one to plan, and make sure you bring what you planned into reality.

 

[eenya00]

One of the easiest ways to save your budget money is by learning skills so that you do not have to hire an employer for that skill. For instance, you need marketer for your business, what if you learn the marketing technique so that you do not have to hire a marketer.

Hiring someone to do a job saves a lot of time which can prove precious to you if you do not have such amount of time and you should not see it as a waste of time or resources.

 

[Good-Person]

Hiring someone to do a job saves a lot of time which can prove precious to you if you do not have such amount of time and you should not see it as a waste of time or resources.

Before developing any kind of budget plan, you must make sure that you have enough willpower to not to spend money unnecessarily. This is the first thing you must do.

 

[Shigobad2020]

Whenever I make my business plan , it give on with the particular amount of the money i think I can afford to use as my business capital and I normally follows my working plan .

 

[Good-Person]

Whenever I make my business plan , it give on with the particular amount of the money i think I can afford to use as my business capital and I normally follows my working plan .

Not all the business plans usually end up good. This is why you must reconsider your plans again and again. Some plans may work under certain circumstances, but not all the time.

 

[Nomad]

I try to make priorities. I make alit of things that I need to buy and spend money on, and also a list of things that I can easily do without. I eliminate things from the list that are not very important.

 

[GIFTMICHAEL]

Developing a proper Saving plan and sticking with it takes determination.

You can start by saving any percentage of your income depending on your goals.

Start by making a good plan of your expenditure and avoid spending on things that are of no priority.

Start with saving 10% of your income and also invest your savings.