Best way to manage money? - page 33.

chaser15

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Quote from: BitFinnese on August 31, 2016, 12:01:35 PM

I think the best way to manage money is by setting up monthly budget. Giving first priority to the most important and needed stuff and then make the least the last in the least. Keep 10% for savings and avoid unnecessary expenses. Avoid gambling and if you have enough invest your capital to legit business venture.

Setting upo savings really part of best way to manage the money. So setting up some budget for weekly or monthly basis is a must.

Basic things first before anything else. It's not mistake to do some misc spendings e.g shopping for wants and doing gambling if you have some spare money to used but of course make it to the point not to abuse those extra money you have or you might end up tightening your budget much.

BitFinnese

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I think the best way to manage money is by setting up monthly budget. Giving first priority to the most important and needed stuff and then make the least the last in the least. Keep 10% for savings and avoid unnecessary expenses. Avoid gambling and if you have enough invest your capital to legit business venture.

angryswamp

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Quote from: Mr. Green on August 30, 2016, 10:12:36 AM

Just buy stuff if only you really need them and you will be fine. No need to get complex.

thats the thing i do in order not to spend too much money, in this way i manage to save up enough money for the stuff i want to buy in the future

yueno

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Yueno

This is my way to manage my money:
1. Invest my capital funds in trusted investment site.
2. Trade currency in trading site by buying stacks and sell it when the price is up.
3. And save my profit from my bank account.
Thats it. I wish I can help.

lavapits

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Quote from: Doamader on August 28, 2016, 08:06:43 PM

I had made a bad investment that forced me to take a loan, besides that bad moment and wrong investement i were able to manage my money without any issue. I had find some app that allows me to control what im spending and what i earn, soo im able to trace my costs all months and it requests a trasaction all days, even if you havent spent nothing.

i never take loans because i think it is too risky and i dont like to be dependent on anything

Ayers

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invest a bit of your money in something very profitable, like mining, and keep the other, when you reach roi on your equipment you can invest again, i'm doing this and it work, i'm onyl spending money right now for two things, making more money and buying things to survive

Dwelach

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Create a budget, don't spend alot on stuff you do not need, when you gamble etc only play with money you are ready to lose. These kind of tips can really make a difference

goinmerry

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Quote from: Barbut on August 29, 2016, 08:50:50 AM

Best way to manage money is to spent it and not thinking about it. Modern times brings us something very stupid, people think about money too fucking much, people forget about other people, about love cause of the money. I hope I will never become person that will have money like main goal in life. And my advise for you is to make money how you can, spend it on what you like and don't give it more power then that.
In moment's when you start to have money as main goal in your life, you will forget about close people and really important things.

You made me cry. But seriously, they made it like God so that made the problem. We loved thr money too much we didnt see the bigger picture. It is a thing so it must be used. Just not with non sense things.

Mr. Green

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Just buy stuff if only you really need them and you will be fine. No need to get complex.

trickshot22

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Quote from: virusasog on August 29, 2016, 09:40:31 AM

Quote from: trinaldao on August 28, 2016, 10:24:19 PM

this is my step how to manage my money :
-listing all source where you get the money
-listing what your needs in 1month
-prepare some budget for unforeseen circumstances
-saving some for future sudden need
-invest some for growing your money

Hey bro No need of listings at present because we have so many to manage a money in Android playstore and in iPhone apps. Better try to install any one that app and make your wallet management properly.

i have never used any of these apps and im good managing my money on my own, i doubt that they would help you a lot if you dont know how to do that

virusasog

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Quote from: trinaldao on August 28, 2016, 10:24:19 PM

this is my step how to manage my money :
-listing all source where you get the money
-listing what your needs in 1month
-prepare some budget for unforeseen circumstances
-saving some for future sudden need
-invest some for growing your money

Hey bro No need of listings at present because we have so many to manage a money in Android playstore and in iPhone apps. Better try to install any one that app and make your wallet management properly.

Barbut

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Best way to manage money is to spent it and not thinking about it. Modern times brings us something very stupid, people think about money too fucking much, people forget about other people, about love cause of the money. I hope I will never become person that will have money like main goal in life. And my advise for you is to make money how you can, spend it on what you like and don't give it more power then that.
In moment's when you start to have money as main goal in your life, you will forget about close people and really important things.

goldcoinminer

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Quote from: trinaldao on August 28, 2016, 10:24:19 PM

this is my step how to manage my money :
-listing all source where you get the money
-listing what your needs in 1month
-prepare some budget for unforeseen circumstances
-saving some for future sudden need
-invest some for growing your money

That is a very detailed listings, I am sure it could help someone who wants to save and to effectively manage his finances, actually that was easy but the problem for every individual now is, do they have the discipline to consistently follow all that is listed above.

trinaldao

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this is my step how to manage my money :
-listing all source where you get the money
-listing what your needs in 1month
-prepare some budget for unforeseen circumstances
-saving some for future sudden need
-invest some for growing your money

vero

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Quote from: MTBTT on August 28, 2016, 10:08:13 PM

Quote from: bluechipinvestor on August 27, 2016, 05:53:47 PM

I think you should get a list of the things where you will spend your money, and try to avoid wasting it on unnecessary expenses.

yeah if you have already written financial manage then every week you can see where the place that makes you to be extravagant. and you can fix it for the better

sometimes just with that way it isn't enough, try to take advantage of circumstances in which position you have to really put pressure on expenditure for something important in your life after that's works then you don't need financial records.

MTBTT

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Quote from: bluechipinvestor on August 27, 2016, 05:53:47 PM

I think you should get a list of the things where you will spend your money, and try to avoid wasting it on unnecessary expenses.

yeah if you have already written financial manage then every week you can see where the place that makes you to be extravagant. and you can fix it for the better

Doamader

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I had made a bad investment that forced me to take a loan, besides that bad moment and wrong investement i were able to manage my money without any issue. I had find some app that allows me to control what im spending and what i earn, soo im able to trace my costs all months and it requests a trasaction all days, even if you havent spent nothing.

utkarshm

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Well i am also not good in managing my money in a good way,i just not able to save my money because of my gambling habit so my first advice would be to stay away from gambling if you want to manage your money well and secondly keep record of every money you spent in written in a diary and that would surely help you.

Crazygreek

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At my opinion, the best way is saving actually, people who know how to save money right, never will be moneyless, cause he always have reserved money.

ontrackk

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Quote from: soros017 on August 25, 2016, 07:43:45 AM

Quote from: freedomgo on August 25, 2016, 05:04:54 AM

Quote from: chaser15 on August 25, 2016, 04:37:52 AM

Quote from: plpbtc1526 on August 24, 2016, 09:45:52 AM

Why not invest it or buy stock from a companies. You can also deposit it to banks so your money is secured. Why hire people to manage youroneybif you can do that? Thats unwise and risky. You cant just entrust it to anyone. Remember, money can make you blind. Money can make people do things like crimes.

Some people targets to buy some shares in a company or even opening such franchise of a demand service offered by the company. It's need a big amount as a capital but returns is really profitable.

Also about the hiring someone thing, it's a dumb thing to do as you can do it by yourself. An advice is a welcome but to the point you will do it actively with other person is a not wise thing to do.

You need to learn on how to manage your own money as not all the time you will rely to the third party or a specific person. Managing your money well is part of the ways to be successful in the future and managing your money can be learn if you are willing to learn, simple as that.

In fact, proper management and prevent waste of money is essential to obtain good results.

though sometimes it might be really hard to control your losses though in my opinion it might be really hard to hold all your bitcoins because there is gambling and stuff

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