Best way to manage money? - page 42.

Supercrypt

legendary

Activity: 1554

Merit: 1054

Quote from: john2231 on June 11, 2016, 10:09:46 AM

Is not easy to mange the expenses mostly if you have a family.. but for me i have my own way to manage it..
I set my expenses every day if how much for foods and other expenses and calculate it for a week.. then if you already a record just use set and maintain it as your expenses every week or monthly if you have a some extra money just save it for future and don't spend it and hold it as bitcoin too and dream and believe that the price o bitcoin will be high and you will be a chance to be a millionaire someday with bitcoin..

You know what's harder? Trying to manage your money, when in fact you actually don't have any money to manage.

I've been at that point and believe me, it sucks and I felt what it feels to be poor to beg. I'm just glad that I have friends that lent me money and I was able to start it out with a small amount of bitcoins and able to get profits slowly.

CryptoBjorn

hero member

Activity: 714

Merit: 500

Quote from: expert4knowledge on June 11, 2016, 11:17:18 AM

Quote from: tommorisonwebdesign on March 16, 2016, 01:16:10 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 that recording our spending or at least high amount spending is the first step of managing money, however a plan would make our spending more reasonable.

Recording or monitoring your expenses are very important. By doing this you know how much you have and perhaps can make a plan to save money.
A lot of people just live from day to day and can't cope up when a financial disaster happens. That's a shame if you ask me.

marcuslong

legendary

Activity: 1036

Merit: 1002

Quote from: tommorisonwebdesign on March 16, 2016, 01:16:10 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?

Mine my budgeting strategy was dont buy anything that i dont need just waste my money in my needs and forgetting my wants. Because if you want to earn more money dong buy the same want and needs because it too cost just buy the needs so that you can continue your earning and dont invest in many hyips site and dont gamble your money in gambling site becasue there are possibilities that if you gamble you can bet all of your money and how about you loose? Cry ry cry and earned again back to zero so dont gamble.

expert4knowledge

hero member

Activity: 826

Merit: 1000

The All-in-One Cryptocurrency Exchange

Quote from: tommorisonwebdesign on March 16, 2016, 01:16:10 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 that recording our spending or at least high amount spending is the first step of managing money, however a plan would make our spending more reasonable.

shane

hero member

Activity: 756

Merit: 503

Quote from: coin_gambler on June 11, 2016, 11:09:57 AM

in my opinion if you want to manage your money in a really good way then you should hire finance manager or something like that to help you

Nice idea, but hire financial manager it may be quite expensive, so you better save your money, and you must learn to manage your finances. or there are many that can help you, as a parent or your sister/brother.

coin_gambler

sr. member

Activity: 462

Merit: 250

CryptoTalk.Org - Get Paid for every Post!

in my opinion if you want to manage your money in a really good way then you should hire finance manager or something like that to help you

wikenpp

hero member

Activity: 672

Merit: 500

A spreadsheet is very handy. If you look online there are plenty of models you can use to set up your own.
Getting your income structured is mandatory for a good life. Without any understanding of your financial situation, life is very insecure.

john2231

hero member

Activity: 924

Merit: 1001

Is not easy to mange the expenses mostly if you have a family.. but for me i have my own way to manage it..
I set my expenses every day if how much for foods and other expenses and calculate it for a week.. then if you already a record just use set and maintain it as your expenses every week or monthly if you have a some extra money just save it for future and don't spend it and hold it as bitcoin too and dream and believe that the price o bitcoin will be high and you will be a chance to be a millionaire someday with bitcoin..

23dzmaz

sr. member

Activity: 420

Merit: 250

The best way to manage money is calculate your income and your expense. Don't buy something useless and always have a saving for emergency use.

Maslate

hero member

Activity: 2954

Merit: 672

Message @Hhampuz if you are looking for a CM!

Quote from: sobsitesearch on June 11, 2016, 08:19:40 AM

For me the best way is to seperate all you expenses and saving, set a percentage of your net income for your saving this is for all people who looking for best recommendation

You are right, we need to keep track of our expenses by maintaining a record of it, in that way we can easily identify which expenses we are overspending and we can cutoff that on time. Also, we need to avoid temptation on buying our wants as sometimes it could be necessary that would result to ruining our budgeting.

sobsitesearch

sr. member

Activity: 406

Merit: 250

For me the best way is to seperate all you expenses and saving, set a percentage of your net income for your saving this is for all people who looking for best recommendation

DeDordtenaar

hero member

Activity: 518

Merit: 500

Quote from: boyptc on June 11, 2016, 04:06:37 AM

Quote from: justspare on June 11, 2016, 03:53:47 AM

The best way to manage your money is to have a plan on what you are going to buy, and only buy what you need. It may seem simple, but it works.

Yes it is the best way to manage money, have a plan on what you are going to buy and to spend for your money.
And creating a list of it can help you and putting an amount for each expenses you are going to do.

I think it is not as simple as that. each person must have a sense of desire you certainly have something you like. surely you have a desire to buy the item you want. and it will be very difficult to resist not to buy the item.
I'm sure many people often do this and this is something that is difficult to remove

clickerz

hero member

Activity: 1414

Merit: 505

Backed.Finance

For me, one of the best way to manage your money is to maintain a record of your expenses.Sometimes we have to check where our money was spent.Some expenses may sounds small or minimal but when you sums up it is huge enough. Some of our expenses are also unnecessary that when we manage correctly,we can eliminate those redundant expenses.

boyptc

hero member

Activity: 3024

Merit: 680

★Bitvest.io★ Play Plinko or Invest!

Quote from: justspare on June 11, 2016, 03:53:47 AM

The best way to manage your money is to have a plan on what you are going to buy, and only buy what you need. It may seem simple, but it works.

Yes it is the best way to manage money, have a plan on what you are going to buy and to spend for your money.
And creating a list of it can help you and putting an amount for each expenses you are going to do.

justspare

hero member

Activity: 1022

Merit: 538

The best way to manage your money is to have a plan on what you are going to buy, and only buy what you need. It may seem simple, but it works.

Maslate

hero member

Activity: 2954

Merit: 672

Message @Hhampuz if you are looking for a CM!

Quote from: Cyaren on June 11, 2016, 01:28:11 AM

I believe that the best way to manage your money is to willing to take some risks instead of hiding all your money under your mattress and do nothing about it. That is the dumbest thing you can do.

I guess another important part is to never gamble with your money, if you cannot afford to lose it. I've seen people gambling away their life savings, which is dumb as well.

Exactly, gambling will only destroy your money management method, if you are not a strong person never try gambling as it is very risky for you. To be able to manage your money properly you need to be a discipline person able to follow your budget list.

Cyaren

sr. member

Activity: 294

Merit: 250

I believe that the best way to manage your money is to willing to take some risks instead of hiding all your money under your mattress and do nothing about it. That is the dumbest thing you can do.

I guess another important part is to never gamble with your money, if you cannot afford to lose it. I've seen people gambling away their life savings, which is dumb as well.

goldcoinminer

hero member

Activity: 952

Merit: 500

Quote from: redsun114 on June 10, 2016, 01:39:11 PM

Quote from: GermanFoobla on June 10, 2016, 10:13:02 AM

The way to manage your money is that you have to know that you must save also some money and that would be nice so you will not lose any money and that is nice.
But to earn some money you have to make an investment and that can be bad if you are selling it on the wrong moment.

In practical for managing your money in best way is by keeping all your records of your expenses, earnings, saving all in one file like .docx or any similar file so you can easily move for your daily works more efficiently

That's are vital in money management, you need to treat it like you have a business and keep track of your expenses and income on a daily basis, in that way you can analyze through the data what expenses to minimize and eliminate.

redsun114

hero member

Activity: 2674

Merit: 585

Leading Crypto Sports Betting & Casino Platform

Quote from: GermanFoobla on June 10, 2016, 10:13:02 AM

The way to manage your money is that you have to know that you must save also some money and that would be nice so you will not lose any money and that is nice.
But to earn some money you have to make an investment and that can be bad if you are selling it on the wrong moment.

In practical for managing your money in best way is by keeping all your records of your expenses, earnings, saving all in one file like .docx or any similar file so you can easily move for your daily works more efficiently

GermanFoobla

sr. member

Activity: 322

Merit: 250

The way to manage your money is that you have to know that you must save also some money and that would be nice so you will not lose any money and that is nice.
But to earn some money you have to make an investment and that can be bad if you are selling it on the wrong moment.

Topic: Best way to manage money? - page 42. (Read 61099 times)