Thread: Best ways to save money

Agreed... Real Estate is a solid investment regarding of course that you look for the right ones. Take some advice and feel the location of a property. Be careful about it, all will be fine, hopefully...

cheers,

Very interesting and motivating question"Ways to save money" No doubt all suggested ways are good, but here I wanna to say that "money makes money" If you have already base money you can develop your business, investment, in any field, However it may be real estate(property investment) travel, transportation, hotels, guest houses, plots, agriculture fields, industrialize area......It's sure business provide best revert than saving in banks...

Saving money is simply a matter of making sure your expenses do not exceed your income.

The problem most people have is that as they increase their income (through better jobs, pay increases, etc.), they tend to spend more. Now, fundamentally, their life situation probably has not changed all that much in terms of expenses, but they figure they have more therefore they spend more.

Therefore, if you want to save money, control your expenses first. This means paying off debt. Think about this for a moment...debt has a cost and that cost is interest. That $1000 couch you bought with a loan is going to actually cost you more than $1000 after you finish paying it off. It may not be the deal you thought it was once you factor in interest and payments. Meanwhile, the value of the couch will continue to decline over time. Therefore, if you really want a $1000 couch, perhaps you should try and save up instead of buying it on credit.

By reducing your debt, you will be able to save money much more effectively becuase you will have less of your income going to interest payments. Now that money can instead be used to increase your savings.

So, stop buying cars, TVs, couches, on credit. Stop using your credit card for misc. items. In fact, only keep 1 credit card around for emergencies only.

Get rid of that expensive car and car payment. Get something affordable even if it is a few years old. If it is paid off, it's cheaper than a $350 a month car payment.

Changing your view on money, incomes and expenses will be the greatest thing you can do to change your finacial outlook.

Originally Posted by petermark23

Cities often give away free trees, mulch and compost. In Seattle, for example, groups of neighbors can request 10-40 trees from the city in exchange for planting and maintaining them.Better yet, get married so you have dual incomes. The wonderful thing about having dual incomes is that even with two people in the household, your income may double, but your expenses typically don’t.

The tree request thing is a great idea! We're here in Vancouver and I'm guessing we probably have something similar like this that we can do with the city. I'm going to look into this and if its viable, let my other contact know. Imagine the savings from the landscapers...

TransPacific Realty
Property Management Vancouver

Originally Posted by pencilpusher

Investments on Commercial Property are a huge move that can make a turn around for the better overnight. Just remember to pick your location wisely, and invest more wisely.
Buy cheap and sell good.

cheers

i am agree with you investing in a commercial property is good sign you don't have any risk in this field to loose anything....

If you want to best ways for save money is investment on real estate. In real estate investment very low chances to create loss. So It is the best way for save money.

In my point of view, invest your money in property is the best way to save money.