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Topic: Best way to manage money? - page 14. (Read 61127 times)

sr. member
Activity: 700
Merit: 251
November 08, 2016, 12:29:06 PM
it is impossible to learn how to manage money theory. And it is impossible to guess how I'll manage them tomorrow. It depends on many factors. But the overall plan is - part of the revenue to invest in something
You are right but still many peoples can manage this because they need to manage this for some long term purpose its works and give good benefit investing is also best managing and give good dividend
jr. member
Activity: 56
Merit: 10
November 08, 2016, 12:19:05 PM
Probably work with a financial advisor, depending on how much we're talking here.
hero member
Activity: 826
Merit: 502
November 08, 2016, 11:33:54 AM
We're actually pretty good at managing money. We can calculate every single dollar that we spend. We can track where are all those money going. We know how we can save as much money as we can. We know which is the cheapest food in the restaurant that you're eating at every night. We can literally make a fixed budget every single day for our transportation, food, and all those stuff but the problem is despite of being well-aware, we don't follow our plans. So I guess the best way to manage your money is through discipline.
newbie
Activity: 28
Merit: 0
November 08, 2016, 11:27:33 AM
it is impossible to learn how to manage money theory. And it is impossible to guess how I'll manage them tomorrow. It depends on many factors. But the overall plan is - part of the revenue to invest in something
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
November 08, 2016, 02:50:32 AM
management of money is not an easy task with all temptations flying around like black friday, xmas nearing and the alike discipline really has to be at its best. the best way would be use money on this that have important value to you
Therefore you need to resist the temptation, that is your only chance to be able to manage your money very well. Though you have good plans in managing your money but failure to implement it will result to nothing. Still you have no savings in the end.
hero member
Activity: 952
Merit: 500
November 08, 2016, 02:28:22 AM
management of money is not an easy task with all temptations flying around like black friday, xmas nearing and the alike discipline really has to be at its best. the best way would be use money on this that have important value to you
Not an easy task I agree, but if there's a will there's a way. Just be focus on your goal because what you are doing is definitely something for you. If you do not manage your money well, you will be suffering in the future as in the future there are emergencies that will come and you might not be able to address it.
sr. member
Activity: 644
Merit: 250
November 08, 2016, 02:25:43 AM
I am aware of my needs so I buy things that only needed with my income. I have a limited income so I managed it strictly. I even don’t have any savings right now but that is the next thing for me for the coming months. I am not that good to be honest but I am aware of the changes I have to apply. So if you want also to save your money it depends on your source of income if you could save any. Based on your source of income, the salary you receive less the amount that will go for your necessity and 20% for your savings. You can leave it into your account or have a new account to enter the money. One should be properly oriented with managing their money and continue doing it until it grows.



Everyone has a need daily and buying is not wrong when you are saving money and if you really need that item then go for it it's really worth working when you are saving money for that item. And that's what im doing sometimes saving money to buy some of my needs i strickly manage my money too where i opened personal bank where i save my 20% of income monthly.
hero member
Activity: 1834
Merit: 879
Rollbit.com ⚔️Crypto Futures
November 08, 2016, 01:57:44 AM
management of money is not an easy task with all temptations flying around like black friday, xmas nearing and the alike discipline really has to be at its best. the best way would be use money on this that have important value to you
hero member
Activity: 798
Merit: 500
★YoBit.Net★ 350+ Coins Exchange & Dice
November 08, 2016, 01:43:27 AM
Traditional women knows how to save money very well and we cannot expect same from the modern women as most of them are addicted to shopping so if give them to manage our money then I am sure they will keep on spending money behind our back and at the end of the month we will be left nothing in  our hands.
what is traditional women and what is it with the women of this generation ,shopaholics does not have a gender and there are men and women addicted to shopping,its nothing to do with traditional or modernism,either you are living in a different world of myth or just delusional 
Correct, these things really doesnt matter   at all  even  you said that   theres a traditional and a  modern   kind of women. It really does  depend   on  what  kind  of wife do you  have  or  girlfriend theres  no  connection between those  traditional and other  things. Lets  just  say theres a traditional  kind  of  girl  but  her spendings  is  just   like  the  modern  ones  and  not all  modern ones  doesnt spend too much  and  wise  regarding  on  her/our money.

There is a difference I think, if I am not mistaken that guy we quoted means the  "wife quality" woman. Which I think are really good at budgeting money and running the whole transactions the family has. They are definitely much better than woman that are always doing their shopping and have a lifestyle that is very much expensive.
hero member
Activity: 2996
Merit: 609
November 08, 2016, 01:38:52 AM
Traditional women knows how to save money very well and we cannot expect same from the modern women as most of them are addicted to shopping so if give them to manage our money then I am sure they will keep on spending money behind our back and at the end of the month we will be left nothing in  our hands.
what is traditional women and what is it with the women of this generation ,shopaholics does not have a gender and there are men and women addicted to shopping,its nothing to do with traditional or modernism,either you are living in a different world of myth or just delusional 
Correct, these things really doesnt matter   at all  even  you said that   theres a traditional and a  modern   kind of women. It really does  depend   on  what  kind  of wife do you  have  or  girlfriend theres  no  connection between those  traditional and other  things. Lets  just  say theres a traditional  kind  of  girl  but  her spendings  is  just   like  the  modern  ones  and  not all  modern ones  doesnt spend too much  and  wise  regarding  on  her/our money.
sr. member
Activity: 246
Merit: 250
November 07, 2016, 09:14:31 PM
Traditional women knows how to save money very well and we cannot expect same from the modern women as most of them are addicted to shopping so if give them to manage our money then I am sure they will keep on spending money behind our back and at the end of the month we will be left nothing in  our hands.
what is traditional women and what is it with the women of this generation ,shopaholics does not have a gender and there are men and women addicted to shopping,its nothing to do with traditional or modernism,either you are living in a different world of myth or just delusional 
member
Activity: 66
Merit: 10
November 07, 2016, 08:39:59 PM
I am aware of my needs so I buy things that only needed with my income. I have a limited income so I managed it strictly. I even don’t have any savings right now but that is the next thing for me for the coming months. I am not that good to be honest but I am aware of the changes I have to apply. So if you want also to save your money it depends on your source of income if you could save any. Based on your source of income, the salary you receive less the amount that will go for your necessity and 20% for your savings. You can leave it into your account or have a new account to enter the money. One should be properly oriented with managing their money and continue doing it until it grows.

legendary
Activity: 1386
Merit: 1020
DGbet.fun - Crypto Sportsbook
November 05, 2016, 04:10:00 AM
It is difficult to find a set formula, but there are things that can be done and that can help you to save money... As for example, make a list of things you buy, and remove items that are unnecessary... planning is everything.

For the bitcoin investment, it is better to just buy and hold for the long term as the price will rise.
i agree with you its really very good idea that buy bitcoin in huge amount and then hold it and wait until for increase its price to huge value and i am sure you will get a good profit in the future from bitcoin because bitcoin increasing its price to higher value quickly.
I think it's a good idea to use most of your fiat money to buy bitcoin and then hold it, I think it would be very bereisko bitcoin investments due to fluctuations. I think not a good idea to save a lot of your money in bitcoin because of the risk it

It  would be  very risky to  put up all your money  into bitcoin  and  its  not ideal even  bitcoin has the  potential  to rise  even   more on the  future. The risk is always there but  its  up  to your decision though  if you decide hence  its still your  money  but   you  must  be  wise  on making such  investments with bitcoin. Managin money would be very good  thing  in able to save  up  money for the future.
sr. member
Activity: 420
Merit: 250
November 05, 2016, 03:55:32 AM
It is difficult to find a set formula, but there are things that can be done and that can help you to save money... As for example, make a list of things you buy, and remove items that are unnecessary... planning is everything.

For the bitcoin investment, it is better to just buy and hold for the long term as the price will rise.
i agree with you its really very good idea that buy bitcoin in huge amount and then hold it and wait until for increase its price to huge value and i am sure you will get a good profit in the future from bitcoin because bitcoin increasing its price to higher value quickly.
I think it's a good idea to use most of your fiat money to buy bitcoin and then hold it, I think it would be very bereisko bitcoin investments due to fluctuations. I think not a good idea to save a lot of your money in bitcoin because of the risk it
legendary
Activity: 3248
Merit: 1160
Playbet.io - Crypto Casino and Sportsbook
November 05, 2016, 01:18:15 AM
It is difficult to find a set formula, but there are things that can be done and that can help you to save money... As for example, make a list of things you buy, and remove items that are unnecessary... planning is everything.

For the bitcoin investment, it is better to just buy and hold for the long term as the price will rise.
i agree with you its really very good idea that buy bitcoin in huge amount and then hold it and wait until for increase its price to huge value and i am sure you will get a good profit in the future from bitcoin because bitcoin increasing its price to higher value quickly.
But there's a limitation as you cannot put all your investment in one basket, holding is better but only up to the amount that you can afford to lose. You will buy now and you can hold for a longer term. Not only that action alone, you can still make additional investment from time to time.
hero member
Activity: 980
Merit: 523
November 04, 2016, 01:54:55 PM
It is difficult to find a set formula, but there are things that can be done and that can help you to save money... As for example, make a list of things you buy, and remove items that are unnecessary... planning is everything.

For the bitcoin investment, it is better to just buy and hold for the long term as the price will rise.
i agree with you its really very good idea that buy bitcoin in huge amount and then hold it and wait until for increase its price to huge value and i am sure you will get a good profit in the future from bitcoin because bitcoin increasing its price to higher value quickly.
sr. member
Activity: 518
Merit: 254
★YoBit.Net★ 350+ Coins Exchange & Dice
November 04, 2016, 10:19:07 AM
Best way to manage money is to keep a spreadsheet of all your incomes and expenses, this way you can keep a tab and control over how much you spend, then you tend to waste less money. My Dad is an accountant and he taught me that.

Yes, it's a good way to manage your finances. But not everyone can do it. Some people just do not have the patience and skill to do it systematically. This is a good way to manage money

It takes a whole lot of disciplinen to do this but this is worth it.
Once you are able to see and keep track of the incoming and outgoing expenses you realize the expenses that you can live without  ( Starbucks, cigarettes, beers (maybe lessen the bottles), movies etc  and start looking at the column where the savings are.

Financial discipline could be very overwhelming so I suggest have a plan.
If you are a christian.. save 10% as your tithe.
Others say pay yourself first.
It is like exercise.. it gets easier as you go along.
sr. member
Activity: 644
Merit: 250
November 04, 2016, 10:10:42 AM
So I have seen a lot of topics relating to different methods of managing money ("How to earn Bitcoin, "How to save money") and the likes. Now I would like to see what are the best ways people can come up with in regards to managing their money. I find creating a budget is one of the fundamentals of managing money. If you have no records, you can't know exactly how much money you have to spend each month. Another piece of advice I would like to give to people is to not use your credit card unless you're able to pay it off in full at the end of the week.

Any input?
I earn only from signature campaign and same as trading everytime betcoin.ag management paid me with my salary in betcoin campaign i always go to exchange site and buy some good alt coins where i can make some good profits and then save the profit to use in emergency cases. And i would like to try in gambling also but im not that good like my friends always best on gambling im good at managing money only not playing money save it through bank and bitcoin wallet hold them till the price up again.
hero member
Activity: 3052
Merit: 685
November 04, 2016, 09:20:42 AM
Best way to manage money is to keep a spreadsheet of all your incomes and expenses, this way you can keep a tab and control over how much you spend, then you tend to waste less money. My Dad is an accountant and he taught me that.

Yes, it's a good way to manage your finances. But not everyone can do it. Some people just do not have the patience and skill to do it systematically. This is a good way to manage money
That's a very detailed one, you are like managing your own business. If it's possible have some kind of report like income statement, balance sheet, and cash flow statement, it would be more comprehensive.
sr. member
Activity: 504
Merit: 250
November 04, 2016, 08:50:19 AM
Best way to manage money is to keep a spreadsheet of all your incomes and expenses, this way you can keep a tab and control over how much you spend, then you tend to waste less money. My Dad is an accountant and he taught me that.

Yes, it's a good way to manage your finances. But not everyone can do it. Some people just do not have the patience and skill to do it systematically. This is a good way to manage money
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