Best way to manage money? - page 35.

serjent05

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Quote from: GamingBro on August 21, 2016, 04:43:44 PM

The best way is find a guy who know how to do this and pay him for it, but you should know him or he must be trusted with many replys and other stuff.

Lol why look for a guy to manage your own money? Why not do it your own? This is very sensitive because anytime, this guy can run with your money or if something not good happen, you might be in a dispute state because of you lose your money while in his hand. As much as possible do not let other people manage your own money.

Herbert2020

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Quote from: GamingBro on August 21, 2016, 04:43:44 PM

The best way is find a guy who know how to do this and pay him for it, but you should know him or he must be trusted with many replys and other stuff.

this only works for those with a lot of money that needs managing like a huge business, so paying someone to do that for you becomes profitable.
but for regular people which is the topic of discussion here, you have to learn to do it yourself and since it is in a smaller scale, learning it is also easy and you can do it in a short time.

Fatanut

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I think the best way to manage money is to use the least amount as you can. You should keep a record of every single thing that you buy with your money. In this way, you can track if you're overspending already. People who don't keep track of their expenses are likely to have reactions like "I don't know where did all my money go." simply because all they do is buy this, buy that, pay for this, pay for that. Living with the least expenses doesn't necessarily mean that you have to starve yourself and whatnot. Remember, rich people stay rich by spending money as if they are broke.

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Having a financial advisor would be a good start then get to know where you stand with your budget. That has helped me alot in my finances and everyday living economically. Wink

soros017

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Quote from: ImHacked on August 22, 2016, 01:00:41 AM

Best way to manage money? Have a planner. It is a list of your expenditures for that month. List down all your expenses so that you know where does your money goes. You could write it anywhere in a notebook. You may want to also cut down your credit card usage. If you uses your credit card better to pay it in full as not to acquire extra payment because of the interest. May that help. I am sure that you have read everything in this thread.

And a good implementation of the plan, of course.

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Quote from: GamingBro on August 21, 2016, 04:43:44 PM

The best way is find a guy who know how to do this and pay him for it, but you should know him or he must be trusted with many replys and other stuff.

though i dont think that it is worth paying for something that you can do yourself, i would first try to read about it online and then use others help

Wowcoin

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There are many ways how to manage money . If you have a job and a great salary and have a family first thing is to give it all to your wife the money . Because women are just great rule when it comes to money , especially those needed in the home . Because men are working for the family and the wife was the meeting organizers in the house.

ImHacked

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Best way to manage money? Have a planner. It is a list of your expenditures for that month. List down all your expenses so that you know where does your money goes. You could write it anywhere in a notebook. You may want to also cut down your credit card usage. If you uses your credit card better to pay it in full as not to acquire extra payment because of the interest. May that help. I am sure that you have read everything in this thread.

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Quote from: Maslate on August 21, 2016, 10:51:28 PM

It is easy to manage your money if you have a goal, and your goal should be properly specified and must follow that all the time. You can minimize your expenses to manage your money very well and that would increase your income which would give you an advantage in the future since you can take opportunity to invest when there are good investments found.

Sometimes plans are not being followed, not all the time everything happens just like what you think it should...There are unavoidable happenings and spending in life, so planning alone on just one thing and focusing on it and not anticipating that there might be some things that could happen or a diversion before your plan happens could just make your plans delayed... So it is best to anticipate for worst case and allocating money on those would be the best and could save you a lot...

Schuyler

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If you suddenly find yourself with so much money, for instance if you win the lottery, the first thing you should do is hire a professional money manager. It might cost a little to hire someone but it would surely save you from splurging too much. I have read a lot of sad stories of people winning in lottery and because they are not used to that huge amount of money, they have no idea how to properly manage it and usually end up spending everything on luxuries and becoming poor once again.

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Quote from: arseaboy on August 21, 2016, 11:04:41 PM

Quote from: Xenophoto on August 21, 2016, 10:55:50 PM

Quote from: GamingBro on August 21, 2016, 04:43:44 PM

The best way is find a guy who know how to do this and pay him for it, but you should know him or he must be trusted with many replys and other stuff.

That's both ironic and unwise. You're trying to manage your money to save some, right? And then you're going to hire someone to manage your money and pay him for that? You basically just gave your money to someone else instead of spending it for yourself.

You should do some research by yourself. Only you can help yourself. If you're going to depend on somebody else, then how are you going to be disciplined? You should act now and do your research on managing your money, maybe even read an entire book about it for better mastery.

that's right dealing with someone to do the job for you will decrease the possibility of your profits but studying it and learn from it will be a great investment knowing all the ways will help you out and earn you more, I think this forum would be the great avenue for us to learn just keep moving around and we will find more answer on how to deal and manage our money properly.

It depends on what kind of amount of money you're talking about. Someone who makes massive amounts that number in the hundreds of thousands of US dollars might need a financial manager simply because the manager can just do everything for the person making the money, and the person making the money can, although he earns less money overall presumably, enjoy more free time and worry less about what is happening with his money, knowing that it (should) be well taken care of. Financial managers are typically there to work with bit numbers, and not smaller incomes.

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Quote from: Xenophoto on August 21, 2016, 10:55:50 PM

Quote from: GamingBro on August 21, 2016, 04:43:44 PM

The best way is find a guy who know how to do this and pay him for it, but you should know him or he must be trusted with many replys and other stuff.

That's both ironic and unwise. You're trying to manage your money to save some, right? And then you're going to hire someone to manage your money and pay him for that? You basically just gave your money to someone else instead of spending it for yourself.

You should do some research by yourself. Only you can help yourself. If you're going to depend on somebody else, then how are you going to be disciplined? You should act now and do your research on managing your money, maybe even read an entire book about it for better mastery.

that's right dealing with someone to do the job for you will decrease the possibility of your profits but studying it and learn from it will be a great investment knowing all the ways will help you out and earn you more, I think this forum would be the great avenue for us to learn just keep moving around and we will find more answer on how to deal and manage our money properly.

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Quote from: GamingBro on August 21, 2016, 04:43:44 PM

The best way is find a guy who know how to do this and pay him for it, but you should know him or he must be trusted with many replys and other stuff.

That's both ironic and unwise. You're trying to manage your money to save some, right? And then you're going to hire someone to manage your money and pay him for that? You basically just gave your money to someone else instead of spending it for yourself.

You should do some research by yourself. Only you can help yourself. If you're going to depend on somebody else, then how are you going to be disciplined? You should act now and do your research on managing your money, maybe even read an entire book about it for better mastery.

Maslate

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It is easy to manage your money if you have a goal, and your goal should be properly specified and must follow that all the time. You can minimize your expenses to manage your money very well and that would increase your income which would give you an advantage in the future since you can take opportunity to invest when there are good investments found.

denarian

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Quote from: tommorisonwebdesign on March 16, 2016, 12:16:10 PM

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 agree with your methods. We need to record how much money we spend each month, so we can save some extra money if we get more in the next month.

But in recording it, you need to count what you really need each month like foods, bills, etc.

beside those methods, I have one more method. It is "buy things you need only". just don't buy stuff you want if you don't need it. the rich said that they are rich because they prefer saving their money than buy things. so if you want to be one of them, do what they do.

PacePay

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Quote from: GamingBro on August 21, 2016, 04:43:44 PM

The best way is find a guy who know how to do this and pay him for it, but you should know him or he must be trusted with many replys and other stuff.

For money we should have to think ourselves as we cannot trust on any person in this age for our money, and it is only we who are sincere with our money, there is no any other person who will be sincere with our money and with our future , so only we ourselves can decide better for our money.

GamingBro

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The best way is find a guy who know how to do this and pay him for it, but you should know him or he must be trusted with many replys and other stuff.

Blitzboy

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I think many are best to manage money. not only one way.. savings is always the best and dont spend to nonesense and useless think this is i think the best way to manage money.. spend your money that you know you can multiply your money like invest in trading.. but there is low risk in trading if you dont know how to trade.. but most of the members here trading is their suggestion to invest..

crockoo

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Quote from: tommorisonwebdesign on March 16, 2016, 12:16:10 PM

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?

The main thing that the money was, and manage finances, this is the second case. I do not think it's an exciting question is very difficult.

vero

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Quote from: betohell on August 21, 2016, 02:50:03 PM

Quote from: Blackmet on August 19, 2016, 06:36:50 PM

The best way to manage money is saving, you just need save some money for yourself and you always will be without problems.

I think saving money is not as easy as you think. if the store is easy, many people who have worked would have become rich at the moment? but in reality they have trouble doing it

in fact it's easy to saving money if you have more funds, but if what you produce is not in accordance with the spending then you will never be able to save money. as easy as i said.

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