Topic: Best way to manage money? - page 27. (Read 61099 times)
The best way to manage money is to focus on your needs, make sure you have a savings on a regular for future plans and emergencies, do not be a big spender, it is okay to spend sometimes but learn how to control yourself and you need to risk in investing as that will give you a potential income in the future.
I think the best way to manage your money is having power of will,you must be like a rock and spend your money only if you need, the money must to be managed in a way that useless wasting never happens. For this you need, of course, a good plan.
That means you have to be discipline in managing your money, you will have to control yourself and do not spend on things that you really do not need, it is a matter of focusing your plan to reach your goal in the future, it should be a step by step process and first is focus on having a savings. 
I think the best way to manage your money is having power of will,you must be like a rock and spend your money only if you need, the money must to be managed in a way that useless wasting never happens. For this you need, of course, a good plan.
Yes the biggest mistake people make is make ALOT of super small transactions if you buy for example a coffee every morning that could stack up to like what 90$ a month already!!! so cut off on the mini transactions and also stop buying expensive junkfood etc and cook yourself can save you lots of money each month just try it.
Buying in bulk is a good practice for every family.
While looking in our daily budget, small products like coffee, breads, and every breakfast foods will cost you more if you will purchase it in daily basis or weekly basis only.
We know that products in bulk is much cheaper compare when you buy those on small quantity. So it's a good practice to buy some bulk items that you really need in everyday life.
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.
That is obviously the way of saving but the problems comes if you are not patient and spend your money everywhere without thinking about saving something and later on you realize you have spent all and has nothing to save now.
Yes the biggest mistake people make is make ALOT of super small transactions if you buy for example a coffee every morning that could stack up to like what 90$ a month already!!! so cut off on the mini transactions and also stop buying expensive junkfood etc and cook yourself can save you lots of money each month just try it.
My money is being managed by my brother in law which is in the financiel branch. So I would suck at managing money myself but luckily I have help.
I would try to give tips anways. Most common one is don't buy shit you dont need and put money aside every month if you can for emergencies!
I would try to give tips anways. Most common one is don't buy shit you dont need and put money aside every month if you can for emergencies!
'Paying yourself first' is a great concept for saving for a goal - every time you receive your income, set aside the amount you want to save and then only spend what is left. If you spend what you want and then try to save what is left you will find that you often won't have enough left to meet your goals.
I also recommend avoiding credit. With the exception of a home mortgage, avoid debt where possible. If you can't afford to fund a purchase now, then you probably can't afford to fund the purchase plus the cost of interest later. I still use a credit card to gain reward points, however I pay it off in full each month.
I also recommend avoiding credit. With the exception of a home mortgage, avoid debt where possible. If you can't afford to fund a purchase now, then you probably can't afford to fund the purchase plus the cost of interest later. I still use a credit card to gain reward points, however I pay it off in full each month.
Keep a journal about it and write your expenses and the profit you are making and after some time you will be able to see some patterns which will be really easy to see.All you need to do from there is change your habits and cut your expenses so you can save more and be more organized.
That's a proven way for sure.
That's a proven way for sure.
You can manage money in alot of different ways. You can hire somebody to do it but this will obviously cost you alot of money too.
If it's about small amounts of money then make your own budget file and see your earnings and costs so your always up to date and never for surprises money wise.
If it's about small amounts of money then make your own budget file and see your earnings and costs so your always up to date and never for surprises money wise.
In easy way of you want to manage your money try to deposit your money to bank to hold your money so that you gonna not to spens it for nothing because i believe that someday you gonna need cash for some reason i love saving money for purposes or in my future.
im do it and i get some interest permonth, it's not only save our money, i think save money at bank can called as invest at fiat currency too.
the problem is inflation of fiat usually stable at rise in each year.
Probably the best thing, before you're going to make an investment, is to also save some money, otherwise that may not be good for later, and this can also be risky for yourself..
that's a good way ti manage your money, i think we can manage ourmoney with using acounting aplication, like general ledger etc. we can calculate our profit each month, that's very good for long term management.
Listing your monthly salary- expenses= savings which i believe it would really help you to save up more and we must limit unwise spendings on our money its better to save for future purposes than to spend at all. Prioritize all things first like needs and bills no other than that.
You're right, to set a limit for spending but you need set how much you want for savings.
I do believe that you have to spend what left after savings your salary. Create an investment for your future like purchase some land.
But the most important thing is to manage ourselves whichever to spend our earning.
Even if you have huge salary and much savings but if you can't control yourself and being extravagant, it will vanish.
Remember, buy what you need not what you want.
Probably the best thing, before you're going to make an investment, is to also save some money, otherwise that may not be good for later, and this can also be risky for yourself..
that's a good way ti manage your money, i think we can manage ourmoney with using acounting aplication, like general ledger etc. we can calculate our profit each month, that's very good for long term management.
Listing your monthly salary- expenses= savings which i believe it would really help you to save up more and we must limit unwise spendings on our money its better to save for future purposes than to spend at all. Prioritize all things first like needs and bills no other than that.
If one can follow the method he will be successful.
Probably the best thing, before you're going to make an investment, is to also save some money, otherwise that may not be good for later, and this can also be risky for yourself..
that's a good way ti manage your money, i think we can manage ourmoney with using acounting aplication, like general ledger etc. we can calculate our profit each month, that's very good for long term management.
Listing your monthly salary- expenses= savings which i believe it would really help you to save up more and we must limit unwise spendings on our money its better to save for future purposes than to spend at all. Prioritize all things first like needs and bills no other than that.
Probably the best thing, before you're going to make an investment, is to also save some money, otherwise that may not be good for later, and this can also be risky for yourself..
that's a good way ti manage your money, i think we can manage ourmoney with using acounting aplication, like general ledger etc. we can calculate our profit each month, that's very good for long term management.
Probably the best thing, before you're going to make an investment, is to also save some money, otherwise that may not be good for later, and this can also be risky for yourself..
There are alot of ideas came from google or internet you just search for it sometimes we are just too lazy to search or use lur browser and will letting themselves to spoon feed this is not a good idea if you want to save money give it to me just kidding dont spend thats it
quite a lot of members in this forum, so it is always a good look for answers here, although we have searched in google.because here you can get a lot of experience of the good people in managing money.
do not spend money is not a good suggestion, because we will always spend money. simple life will help you to manage money.
Personal experience from others is just a tip or advice to us on how we would manage our money. It is still up to us if we are really determine to save and manage our money properly. I think each of us have different technique or way to manage our money based on our salary. So it's up to that person how he/she really can manage his/her money.
Always save a part of your income, even if it is a small percentage. Pay all your bills, so you don't have to worry about that.Then split your money and see how much you can spend per week and do not go over that..
There are alot of ideas came from google or internet you just search for it sometimes we are just too lazy to search or use lur browser and will letting themselves to spoon feed this is not a good idea if you want to save money give it to me just kidding dont spend thats it
quite a lot of members in this forum, so it is always a good look for answers here, although we have searched in google.because here you can get a lot of experience of the good people in managing money.
do not spend money is not a good suggestion, because we will always spend money. simple life will help you to manage money.
There are alot of ideas came from google or internet you just search for it sometimes we are just too lazy to search or use lur browser and will letting themselves to spoon feed this is not a good idea if you want to save money give it to me just kidding dont spend thats it
what i do is that i always keep an emergency money in the bank with my bank card so it is always at hand for cases of emergency and each month i deduct my expenses and spend that money and if by any chance there is anything left over i would invest it , most probably in bitcoin.
Great, you must be saving quite a good amount every month then and that amount would probably be of work in coming time for you as we can never know when we face some situations where we need immediate money.
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