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Interested in finance and money-saving techniques

 
 
Reply Mon 28 Jul, 2014 10:10 am
I'm always interested in learning new tips on finance especially on how to save money.
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Type: Discussion • Score: 4 • Views: 417 • Replies: 8
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chai2
 
  1  
Reply Mon 28 Jul, 2014 11:36 am
@noahwilson88,
Buy low, sell high.
roger
 
  1  
Reply Mon 28 Jul, 2014 11:47 am
@chai2,
Buy it when it's cheap; sell it when it goes up. If it don't go up; don't buy it.

(approximate) Will Rogers quote.
engineer
 
  1  
Reply Mon 28 Jul, 2014 12:03 pm
@noahwilson88,
For the vast majority of your life, the growth in your net worth is a lot more dependent on how little you spend than how much your savings grow. Use common sense when you are spending money. Don't buy that expensive car for an additional $5k when you can get a perfectly good car for less. Get that cheaper cellular plan, consider if you really need that cable TV package or that very large TV. Look at what you are spending money on day to day, month to month. Save hard when you are young and you can enjoy yourself later. It is really hard to catch up if you start slow.
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tsarstepan
 
  2  
Reply Mon 28 Jul, 2014 12:06 pm
@noahwilson88,
1. Buy 1/8th ply toilet paper.
2. Instead of a dog, buy a pet rock. No need to feed it. No vet bills. When you get bored of it, you can chuck it into a river and no one can charge you with animal cruelty.
3. Invest in aluminum foil. Cases and cases of aluminum foil that is. Currency, gold, and silver are far too volatile.
roger
 
  1  
Reply Mon 28 Jul, 2014 12:08 pm
@tsarstepan,
Save dollar bills for the paper content?
tsarstepan
 
  1  
Reply Mon 28 Jul, 2014 12:17 pm
@roger,
Use dollar bills as home insulation. Fill the spaces in between ones walls to stop drafty windows, etc....
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ossobuco
 
  2  
Reply Mon 28 Jul, 2014 12:19 pm
@tsarstepan,
Nods knowingly.
Also, re use aluminum foil until it finally tears.
0 Replies
 
chai2
 
  1  
Reply Mon 28 Jul, 2014 01:53 pm
@roger,
roger wrote:

Buy it when it's cheap; sell it when it goes up. If it don't go up; don't buy it.

(approximate) Will Rogers quote.


Rule #1, Never lose money.
Rule #2, Never forget rule #1.
~Warren Buffett


Buy land. They're not making any more.
~Will Rogers
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