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Topic: Best way to manage money? - page 18. (Read 61127 times)

sr. member
Activity: 448
Merit: 250
October 20, 2016, 03:22:58 AM
You always need to be aware of how much money you need to put on the side because of bills and things that you will need to pay, you also need to save a percentage of what you are earning.
If you manage to do only this and you are managing your money good enough.
sr. member
Activity: 364
Merit: 250
October 19, 2016, 03:27:08 PM
Plan your spending
This is one of the most important rules of management of financial flows. Write down what you definitely need to buy. It is advisable to write down potential purchases on paper or computer, not to scroll in the head, it will help you see and assess the list. Think whether you a thing or net.Ischite need new sources of revenue
This will help you feel more confident. You will not depend on wages. You can find some new sources of income, even if they will be much less than the sum of your salary, but it's better than nothing. At first, it seems that new sources can not be found, because the lion's share of free time absorbing job. But it is necessary to think well and the solution will come. Among the new sources of income can include:
your hobby (like sewing, repair computers or toilets) Do it for the money, even if the board is small, but over time it will grow;
sale of unnecessary things. Certainly on the balcony, kept a store of things in the garage or closets, you do not use. Surely, these things are necessary to others. Expose them for sale through the network;
help your relatives and friends to find new customers to provide them services. Let your loved ones will thank you a small percentage of the transaction.
legendary
Activity: 1008
Merit: 1060
October 04, 2016, 08:46:18 AM
The best way to manage the money higly depends on how good you are in saving your money because if you are the one who has the lot of expenses and less income then you never gonna manage your money,so first of all learn to save the money and then managing money would become alot easier.

It could also be the reverse, if you do not know how to mange your money, definitely you do not know how to save also... Smiley Basically those two should be done at the same time, if you have money, manage your finances then you'll have a savings... Managing money is hard, just look at your wife when he receive your salary, observe how her eyebrow looks like...  Grin

Lol, he should rather look if what his wife is buying with the money, because mostly females buy things what they actually don't need at that time but they just buy them because they like them, so if you know you have not enough money to afford these things then don't give your card to your wife to have some savings at the end Grin
In which part of that user's post have you concluded that that user has a "wife". Let alone that that user isn't a female? If that user you were referring to is a female, she'll be really offended with what you just said. You were generalizing females.

Not each and every female just carelessly spend all the money that they have or their partner has. There are also females that have been through a lot and knows that their partner isn't an ATM that she uses whenever she needs money.
hero member
Activity: 784
Merit: 500
October 04, 2016, 08:34:35 AM
The best way to manage the money higly depends on how good you are in saving your money because if you are the one who has the lot of expenses and less income then you never gonna manage your money,so first of all learn to save the money and then managing money would become alot easier.

don't forget to invest to, i think manage our money is not all about saving our money at fiat currency, we must ready to any case, so if fiat currency get highest inflation we still have money at other place Smiley
sr. member
Activity: 672
Merit: 250
October 04, 2016, 08:24:49 AM
The best way to manage the money higly depends on how good you are in saving your money because if you are the one who has the lot of expenses and less income then you never gonna manage your money,so first of all learn to save the money and then managing money would become alot easier.

It could also be the reverse, if you do not know how to mange your money, definitely you do not know how to save also... Smiley Basically those two should be done at the same time, if you have money, manage your finances then you'll have a savings... Managing money is hard, just look at your wife when he receive your salary, observe how her eyebrow looks like...  Grin

Lol, he should rather look if what his wife is buying with the money, because mostly females buy things what they actually don't need at that time but they just buy them because they like them, so if you know you have not enough money to afford these things then don't give your card to your wife to have some savings at the end Grin
hero member
Activity: 532
Merit: 500
October 04, 2016, 08:16:27 AM
https://bitcointalk.org/index.php?action=post;topic=1400684.800;num_replies=812
I think the best way to manage money is to really check where your money is going to write down every month how much you earn and what and where you spend it at then the month after that you can check what spendings you can cut and safe that.
true I think you have to do is record all your financial transactions in a paper and you can formulate how much money can you spend. Of course you have to compare it to the income coming in. with like that you can know how much money can you spend and how much money should you save
sr. member
Activity: 378
Merit: 250
BULL RUN until 2030
October 03, 2016, 09:37:19 PM
The best way to manage the money higly depends on how good you are in saving your money because if you are the one who has the lot of expenses and less income then you never gonna manage your money,so first of all learn to save the money and then managing money would become alot easier.

It could also be the reverse, if you do not know how to mange your money, definitely you do not know how to save also... Smiley Basically those two should be done at the same time, if you have money, manage your finances then you'll have a savings... Managing money is hard, just look at your wife when he receive your salary, observe how her eyebrow looks like...  Grin
Exactly, learning how to manage your money is the first thing to learn and everything will just follow. The thing is there are a lot of temptation out their that could really get our attention to spend our money, so with lack of discipline we will not be able to save successfully.
global moderator
Activity: 2324
Merit: 1179
While my guitar gently weeps!!!
October 03, 2016, 09:21:12 PM
The best way to manage the money higly depends on how good you are in saving your money because if you are the one who has the lot of expenses and less income then you never gonna manage your money,so first of all learn to save the money and then managing money would become alot easier.

It could also be the reverse, if you do not know how to mange your money, definitely you do not know how to save also... Smiley Basically those two should be done at the same time, if you have money, manage your finances then you'll have a savings... Managing money is hard, just look at your wife when he receive your salary, observe how her eyebrow looks like...  Grin
legendary
Activity: 2940
Merit: 1083
October 03, 2016, 08:07:55 PM
The best way to manage the money higly depends on how good you are in saving your money because if you are the one who has the lot of expenses and less income then you never gonna manage your money,so first of all learn to save the money and then managing money would become alot easier.

Some people just buy anything without even thinking about it. When we are in a mall somehow ae are tempted by good stuffs though it will not really help us or have nothing to do for our needs. This expenses should be stopped to say that you are a good manager of your money.
hero member
Activity: 532
Merit: 500
October 03, 2016, 06:55:54 PM
I think the best way to manage money is to really check where your money is going to write down every month how much you earn and what and where you spend it at then the month after that you can check what spendings you can cut and safe that.
yeah you could do that, use a paper and write about how much money have you use each month and write down the income you get each month,
then you will see which place you have to fix. plan is the best thing to manage finances.
full member
Activity: 238
Merit: 100
October 03, 2016, 12:59:10 PM
The best way to manage the money higly depends on how good you are in saving your money because if you are the one who has the lot of expenses and less income then you never gonna manage your money,so first of all learn to save the money and then managing money would become alot easier.
full member
Activity: 126
Merit: 100
October 03, 2016, 10:47:34 AM
Yeah I observed that too.  I was surprised how my  bestfriend always have reserved money while i'm always broke.  Whenever we were to hangout, she is always the one who paid for expenses.  And I realized, we are spending our money in too many littlle nonsense things.  From not needed snacks to stuff  that is not worth spending.  Anyway To manage your money you must learn financial management first.  Basic will do and that is, keep saving money. Don't buy things that is not needed nor important.
sr. member
Activity: 672
Merit: 250
October 03, 2016, 10:39:08 AM
You always need to save money even if it is not much because in the long run it can end up as much. what I do is keep track of the things that I need to pay and calculate how much money will be left.
A percentage of that I will save and the rest is for me to spend.

That's a great way of managing the money you earn to just calculate the expenditures and do them accordingly without spending the money on something unnecessary and at the end whatever remains just save a part of it to be used in future for an emergency or something.
hero member
Activity: 1148
Merit: 504
October 03, 2016, 10:30:46 AM
The best way to manage your money is to know your goal, start always with savings because that is the most important thing to do when you are earning, without savings you cannot pursue for your future dreams like entering into investments opportunity.

Further, I just want to emphasize here that you cannot save if you do not know hot to manage your emotion, staying away from temptation is important for you not to buy useless things.

One good example of this is when we are stress shopping. Do not go the mall when you are stressed or emotional because we are easily tempted to spend more and purchase useless items. And if you are bringing your credit card with you, you will have more purchasing power and more likely to overspend. That will ruin your budget for the month or even for a year.
hero member
Activity: 658
Merit: 500
October 03, 2016, 08:41:59 AM
I think the best way to manage money is to really check where your money is going to write down every month how much you earn and what and where you spend it at then the month after that you can check what spendings you can cut and safe that.
true I think you have to do is record all your financial transactions in a paper and you can formulate how much money can you spend. Of course you have to compare it to the income coming in. with like that you can know how much money can you spend and how much money should you save
sr. member
Activity: 462
Merit: 250
October 03, 2016, 02:40:39 AM
You always need to save money even if it is not much because in the long run it can end up as much. what I do is keep track of the things that I need to pay and calculate how much money will be left.
A percentage of that I will save and the rest is for me to spend.
hero member
Activity: 1428
Merit: 506
October 03, 2016, 12:08:10 AM
Best way to manage money is set a goal's in life.
If you want to achieve something big in your life, set
a goals what do you want to have. Set aside things that
does not matter. Make priority on what to buy things,
make an savings funds in case of emergency. Even though
your income is low and your debts are high, establishing
good habits when you're young can make all the difference.
hero member
Activity: 2954
Merit: 672
Message @Hhampuz if you are looking for a CM!
October 02, 2016, 11:36:38 PM
The best way to manage your money is to know your goal, start always with savings because that is the most important thing to do when you are earning, without savings you cannot pursue for your future dreams like entering into investments opportunity.

Further, I just want to emphasize here that you cannot save if you do not know hot to manage your emotion, staying away from temptation is important for you not to buy useless things.
legendary
Activity: 2688
Merit: 1065
Undeads.com - P2E Runner Game
October 02, 2016, 10:20:40 PM
You need to have rules.
1. Do not spend money you need (Pay bills,tax, ect)
2.- Investigate what you want to invest your money and spend (sometimes you will find scam, or better choices)
3.- If you can save some money just do it, more in this cryptoworld when sometimes coins can get better value over time
4.- always keep in mind what your priority before spending

Maybe these rules are not perfect but.. this could be few good tips in order to be a better manager

1. You can't do that easily for those earners who just have enough sources.

2. Better forget this for those average joe. Think of maximizing their source of income too even without investment.

3. Not applicable for other crypto. Only for bitcoin.

4. A must and definitely a smarter way.
hero member
Activity: 644
Merit: 500
October 02, 2016, 09:44:40 PM
You need to have rules.
1. Do not spend money you need (Pay bills,tax, ect)
2.- Investigate what you want to invest your money and spend (sometimes you will find scam, or better choices)
3.- If you can save some money just do it, more in this cryptoworld when sometimes coins can get better value over time
4.- always keep in mind what your priority before spending

Maybe these rules are not perfect but.. this could be few good tips in order to be a better manager
if we can elaborate in our self the meaning of priority that can help us to save a lot because knowing how to say no in terms of physical luxury is the first thing that keeping us away from saving hahaha. so better to know it deeply and control in sense of saying saving a lot.
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