Best way to manage money? - page 19.

Mr. Big

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Quote from: diodio5 on October 02, 2016, 06:17:15 PM

Quote from: th3nolo on October 02, 2016, 04:00:17 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

yeah maybe the rules will make you better. make a rule that you should limit your desire to shop. because the habit of many people is to shop with a very wasteful and it's very detrimental to them honestly.
so make some sort of rules or a plan to get you to follow and run

It would take time before you could practice all of those, but for sure it will have a great effect in you specially saving... The more you save, the more you could practice your other rules... In shopping, I think if you are working online, avoid checking everyday on online shops and deals which are sometimes tempting coz it's just a click away... In real life, just visit the supermarket atleast once a week and as much as possible roam only on groceries...

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Quote from: praprata on September 29, 2016, 04:22:03 AM

Quote from: dandroid on September 23, 2016, 02:16:37 PM

I think that you should save your money, cutting your spendings by only buying what you need. I think that's a better way to manage your money.

Managing money is difficult to do either way even cutting your spending is difficult because usually when you don't save it means you either dont earn enough to save or you live too luxury and to give up that luxury is kind of difficult to do I can imagine.

well yeah, it is really hard to be honest, though i think the best way is to actually save it all

diodio5

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Quote from: th3nolo on October 02, 2016, 04:00:17 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

yeah maybe the rules will make you better. make a rule that you should limit your desire to shop. because the habit of many people is to shop with a very wasteful and it's very detrimental to them honestly.
so make some sort of rules or a plan to get you to follow and run

th3nolo

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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

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Quote from: vero on October 02, 2016, 01:25:41 PM

Quote from: praprata on September 29, 2016, 04:22:03 AM

Quote from: dandroid on September 23, 2016, 02:16:37 PM

I think that you should save your money, cutting your spendings by only buying what you need. I think that's a better way to manage your money.

Managing money is difficult to do either way even cutting your spending is difficult because usually when you don't save it means you either dont earn enough to save or you live too luxury and to give up that luxury is kind of difficult to do I can imagine.

the desire to live in luxury will make us have a problem in terms of managing money because of the lifestyle will never run out if you want to follow it and of course the dream of having a better life in the future will be only futile.

Well if you are high dreaming person you can be reach your goal in your life for your future.. you should sacrifice and be a hard worker is the solution until you get your goal in the future.. if you can be a hard worker you can be rich in the future..

vero

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Quote from: praprata on September 29, 2016, 04:22:03 AM

Quote from: dandroid on September 23, 2016, 02:16:37 PM

I think that you should save your money, cutting your spendings by only buying what you need. I think that's a better way to manage your money.

Managing money is difficult to do either way even cutting your spending is difficult because usually when you don't save it means you either dont earn enough to save or you live too luxury and to give up that luxury is kind of difficult to do I can imagine.

the desire to live in luxury will make us have a problem in terms of managing money because of the lifestyle will never run out if you want to follow it and of course the dream of having a better life in the future will be only futile.

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Quote from: bamboylee on September 29, 2016, 10:01:39 AM

Quote from: Natalim on September 28, 2016, 11:33:25 PM

Minimize your spending and maximize your savings, that'st the only way to manage your money and you do not need to make other method as that is just very simple.

Even the simplest thing can fail if you do not have the discipline to regularly do it. And this method works for those who have large enough salary but not to those who have merely enough salary for food.

These tips are correct. And there's one piece of advice - you need to look for additional passive income. For example invest part of the funds in which realties projects

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Quote from: Natalim on September 28, 2016, 11:33:25 PM

Minimize your spending and maximize your savings, that'st the only way to manage your money and you do not need to make other method as that is just very simple.

Even the simplest thing can fail if you do not have the discipline to regularly do it. And this method works for those who have large enough salary but not to those who have merely enough salary for food.

Noctis Connor

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Quote from: sishendaoye on September 27, 2016, 09:38:14 AM

Making a budget is a very nice way of managing your money I don't know any other way actually so I might not be the best to ask.
But so far it's been working out great for me I know how much i NEED every month and how much i have left.

Very true now i am managing my budget every week so that i can manage how much money i will going to put on my bank for my future career and other purposes for me i am going to make a list every thing that i need in 1 week then check the price if that is really a cheap that you could use that and it will never use .

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Quote from: phreaky on September 29, 2016, 04:22:04 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.

I think I have a problem with that. Even if I do write down every single bill and every item that I buy for my groceries I cant seem to follow it. There is this items sometimes that you have seen for the first time or you like and that will make the budget disordered. Grin

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Quote from: SilverPunk on September 29, 2016, 06:54:37 AM

Quote from: TastyChillySauce00 on September 29, 2016, 06:35:07 AM

Quote from: chaser15 on September 29, 2016, 12:25:52 AM

Quote from: Natalim on September 28, 2016, 11:33:25 PM

Minimize your spending and maximize your savings, that'st the only way to manage your money and you do not need to make other method as that is just very simple.

Simple? It just sounds easy but you can't applied to that to every person here since we all have different earnings and status of living in our life.

Learn all those things first around the money status of a person or family to be able to know how uch they will save because only themselves will know the appropriate answer.

LOL that's right,advising is easy but doing is kind of hard thing,every person have various and different life and not everyone can do that thing easily,if a person is already doing minimize the spending but still can't saving then it's will become a problem for that logic that he's saying simple

Agree ! Implementing it is the biggest problem you encounter. It is easy to say that you do it but if you are in actual you cant seem that you can do it or you are lazy to do it. But if you are really eager to do that thing then you could do that. Just thing they can do that thing so why not i cant do that thing?

That's really the reality mate, sometimes we are easily tempted to buy things that we see because we though that we need those things and just when we realize that it is not really our needs when we are in desperate need of money.

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Quote from: TastyChillySauce00 on September 29, 2016, 06:35:07 AM

Quote from: chaser15 on September 29, 2016, 12:25:52 AM

Quote from: Natalim on September 28, 2016, 11:33:25 PM

Minimize your spending and maximize your savings, that'st the only way to manage your money and you do not need to make other method as that is just very simple.

Simple? It just sounds easy but you can't applied to that to every person here since we all have different earnings and status of living in our life.

Learn all those things first around the money status of a person or family to be able to know how uch they will save because only themselves will know the appropriate answer.

LOL that's right,advising is easy but doing is kind of hard thing,every person have various and different life and not everyone can do that thing easily,if a person is already doing minimize the spending but still can't saving then it's will become a problem for that logic that he's saying simple

Agree ! Implementing it is the biggest problem you encounter. It is easy to say that you do it but if you are in actual you cant seem that you can do it or you are lazy to do it. But if you are really eager to do that thing then you could do that. Just thing they can do that thing so why not i cant do that thing?

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Quote from: chaser15 on September 29, 2016, 12:25:52 AM

Quote from: Natalim on September 28, 2016, 11:33:25 PM

Minimize your spending and maximize your savings, that'st the only way to manage your money and you do not need to make other method as that is just very simple.

Simple? It just sounds easy but you can't applied to that to every person here since we all have different earnings and status of living in our life.

Learn all those things first around the money status of a person or family to be able to know how uch they will save because only themselves will know the appropriate answer.

LOL that's right,advising is easy but doing is kind of hard thing,every person have various and different life and not everyone can do that thing easily,if a person is already doing minimize the spending but still can't saving then it's will become a problem for that logic that he's saying simple

phreaky

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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.

praprata

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Quote from: dandroid on September 23, 2016, 02:16:37 PM

I think that you should save your money, cutting your spendings by only buying what you need. I think that's a better way to manage your money.

Managing money is difficult to do either way even cutting your spending is difficult because usually when you don't save it means you either dont earn enough to save or you live too luxury and to give up that luxury is kind of difficult to do I can imagine.

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Quote from: Natalim on September 28, 2016, 11:33:25 PM

Minimize your spending and maximize your savings, that'st the only way to manage your money and you do not need to make other method as that is just very simple.

Exactly, and for minimizing the spendings someone would have to keep control on himself because mostly people spend their money on useless things when they have the money in hands and later on they realize they shouldn't do it, so the trick would be not to buy anything that is not necessary for you at that moment and you will minimize your spendings in that way, and if you minimize your spendings your savings will automatically be maximized.

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Quote from: arseaboy on September 29, 2016, 03:52:10 AM

Quote from: Positid on September 29, 2016, 02:52:50 AM

Quote from: chaser15 on September 29, 2016, 01:52:28 AM

Quote from: Mr. Big on September 29, 2016, 01:18:20 AM

Quote from: Natalim on September 28, 2016, 11:33:25 PM

Minimize your spending and maximize your savings, that'st the only way to manage your money and you do not need to make other method as that is just very simple.

No, it's not that simple... Every one of us has his own lifestyle, including the practices that we inherit from our parents, now, if our parents has a difficulty in managing money or receive only enough for a living, for sure, that's the first thing that we will adopt, and it's only you who can make a difference when you can already feel that there is something wrong with the way your family manages your money... But it takes time and sometimes never happen if when the same situation as your parents is happening to you, for sure, their way will be the easiest... To make it short, "lifestyle" and "status" that's where we all differ when it comes to managing our money..

Definitely right. And one important factor is how much people saved or getting income in a fixed basis.

It will be the one to consider so that people can managed their money well. Spendings is part of daily life so that people must have a fixed income in order to support all the spendings.

No matter how we resist to spend because we want to save more money but it would not happen because we have our daily needs that we need to take care, the basic needs are very important if you want to survive in this world, our family matters to us so we will have to provide them the best and that entails money, I guess we just to control and learn to prioritize our needs than wants.

same here mate i was always telling myself that i will save everything i earned from my btc investment and use only the money that i earned from my day job but all along the way we will encounter emergency things that will force us to spend the money that we save in most cases many of us really wanted to manage our money in a correct ways but situation forces us to use it again.

Maybe the real problem is not our ability to save but the amount we are earning, if we are only earning a little amount even not enough to pay our daily expenses then we will really cannot save money, so the solution now would be to increase our income.

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Quote from: Positid on September 29, 2016, 02:52:50 AM

Quote from: chaser15 on September 29, 2016, 01:52:28 AM

Quote from: Mr. Big on September 29, 2016, 01:18:20 AM

Quote from: Natalim on September 28, 2016, 11:33:25 PM

Minimize your spending and maximize your savings, that'st the only way to manage your money and you do not need to make other method as that is just very simple.

No, it's not that simple... Every one of us has his own lifestyle, including the practices that we inherit from our parents, now, if our parents has a difficulty in managing money or receive only enough for a living, for sure, that's the first thing that we will adopt, and it's only you who can make a difference when you can already feel that there is something wrong with the way your family manages your money... But it takes time and sometimes never happen if when the same situation as your parents is happening to you, for sure, their way will be the easiest... To make it short, "lifestyle" and "status" that's where we all differ when it comes to managing our money..

Definitely right. And one important factor is how much people saved or getting income in a fixed basis.

It will be the one to consider so that people can managed their money well. Spendings is part of daily life so that people must have a fixed income in order to support all the spendings.

No matter how we resist to spend because we want to save more money but it would not happen because we have our daily needs that we need to take care, the basic needs are very important if you want to survive in this world, our family matters to us so we will have to provide them the best and that entails money, I guess we just to control and learn to prioritize our needs than wants.

same here mate i was always telling myself that i will save everything i earned from my btc investment and use only the money that i earned from my day job but all along the way we will encounter emergency things that will force us to spend the money that we save in most cases many of us really wanted to manage our money in a correct ways but situation forces us to use it again.

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Quote from: chaser15 on September 29, 2016, 01:52:28 AM

Quote from: Mr. Big on September 29, 2016, 01:18:20 AM

Quote from: Natalim on September 28, 2016, 11:33:25 PM

Minimize your spending and maximize your savings, that'st the only way to manage your money and you do not need to make other method as that is just very simple.

No, it's not that simple... Every one of us has his own lifestyle, including the practices that we inherit from our parents, now, if our parents has a difficulty in managing money or receive only enough for a living, for sure, that's the first thing that we will adopt, and it's only you who can make a difference when you can already feel that there is something wrong with the way your family manages your money... But it takes time and sometimes never happen if when the same situation as your parents is happening to you, for sure, their way will be the easiest... To make it short, "lifestyle" and "status" that's where we all differ when it comes to managing our money..

Definitely right. And one important factor is how much people saved or getting income in a fixed basis.

It will be the one to consider so that people can managed their money well. Spendings is part of daily life so that people must have a fixed income in order to support all the spendings.

No matter how we resist to spend because we want to save more money but it would not happen because we have our daily needs that we need to take care, the basic needs are very important if you want to survive in this world, our family matters to us so we will have to provide them the best and that entails money, I guess we just to control and learn to prioritize our needs than wants.

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Quote from: Mr. Big on September 29, 2016, 01:18:20 AM

Quote from: Natalim on September 28, 2016, 11:33:25 PM

Minimize your spending and maximize your savings, that'st the only way to manage your money and you do not need to make other method as that is just very simple.

No, it's not that simple... Every one of us has his own lifestyle, including the practices that we inherit from our parents, now, if our parents has a difficulty in managing money or receive only enough for a living, for sure, that's the first thing that we will adopt, and it's only you who can make a difference when you can already feel that there is something wrong with the way your family manages your money... But it takes time and sometimes never happen if when the same situation as your parents is happening to you, for sure, their way will be the easiest... To make it short, "lifestyle" and "status" that's where we all differ when it comes to managing our money..

Definitely right. And one important factor is how much people saved or getting income in a fixed basis.

It will be the one to consider so that people can managed their money well. Spendings is part of daily life so that people must have a fixed income in order to support all the spendings.

Topic: Best way to manage money? - page 19. (Read 61127 times)