Topic: Best way to manage money? - page 43. (Read 61127 times)
Best way to manage money, is to have a systematic breakdown on how money will be used, it could be with investments, spending's, savings, overhead expenses and etc.. You can always make or draft a chart to have a visualized details of it. Within that system you will be able to control or manage on how to allocate or address anything within a specific part. There are a lot of ways especially those written in best selling books or novels just google it.
Make some notes ,list all the activities you will do,,from buying to selling your coins.
Like me i list all the details of my transactions ,cause sometimes i forget one transaction and i thought some of my btc is missing.
Like me i list all the details of my transactions ,cause sometimes i forget one transaction and i thought some of my btc is missing.
Saving and investment is an integral part of wise money management.One should save at least 10% to 20% of his earnings for future and if possible invest 10% in some good business opportunity.Bitcoin is certainly one of them
The best way to manage money is create plan of wastings , and also your power of will is really needed to controll yourself. With this two simple steps i am managing my money.
I just don't get it. Pardon me, what do you mean on plan of wastings? Is that an amount set aside for leisure? Most people especially here in bitcoin community have only one thing known for plan of wastings is gambling.
Make some notes ,list all the activities you will do,,from buying to selling your coins.
Like me i list all the details of my transactions ,cause sometimes i forget one transaction and i thought some of my btc is missing.
I think that is the basic thing to do in managing your money and actually you can easily find that method anywhere but it still goes down to the ability of a person to implement the method. If we lack self discipline it's hard for use to follow that and we cannot manage our money properly. Like me i list all the details of my transactions ,cause sometimes i forget one transaction and i thought some of my btc is missing.
Make some notes ,list all the activities you will do,,from buying to selling your coins.
Like me i list all the details of my transactions ,cause sometimes i forget one transaction and i thought some of my btc is missing.
Like me i list all the details of my transactions ,cause sometimes i forget one transaction and i thought some of my btc is missing.
Making budget is a good idea as it keeps the record of money to be spent and using credit cards is something like losing your money. Banks make you pay more. One more thing that could be opted is investing money in parts that will help you to have secondary income without much risk.
Yeah, it is better if you throw away your credit cards. It will just destroy your budget and the interest it bills when you missed a payment is too big. As much as possible avoid bad debts, it will carve away money from your budget. Save and then invest so you can be financially liberated.
Credit card are just for us to get tempted to buy on unnecessary things in life, they are designed that if we default a payment we will pay a huge interest plus penalty, we should stay way using it. Let's use cash instead and if you can buy things in cash the better.
Well im also not good at that, but let me give you an advice. Don't buy things you don't need and don't invest in investment sites because they are riskier than gambling.
In terms of managing money im not that good but i can give you advice.First is go away from gambling,this will just drain your money your saving.Focus on your work not on any things and dont ever ever spend it to things that is not needed.And you can also put it on bitcoin wallets so you cannot spend it physically and you can save it up
i like to have always a certain amount ready to resolve big problem or emergency, like 10 euro
the other can be spent at will for your needs, a portion of this i like to use it for investment if there are good investments to be made
the other can be spent at will for your needs, a portion of this i like to use it for investment if there are good investments to be made
I prefer also doing this. It is hard to borrow money from people when you're in need. My mom saves 2$ everyday and puts it in a piggy bank. So when we run short from budget or emergency comes we have something to spend. Plus don't spend it at things you don't need necessarily. Everytime you receive your salary for the month separate all the bills that needs to be paid that month so your debts won't get bigger every month.
The best way to manage money is create plan of wastings , and also your power of will is really needed to controll yourself. With this two simple steps i am managing my money.
I just don't get it. Pardon me, what do you mean on plan of wastings? Is that an amount set aside for leisure? Most people especially here in bitcoin community have only one thing known for plan of wastings is gambling. 
i like to have always a certain amount ready to resolve big problem or emergency, like 10 euro
the other can be spent at will for your needs, a portion of this i like to use it for investment if there are good investments to be made
Best way to manage your money is to always put some money on the side if you can and do not spend money just because you have money at the time. the other can be spent at will for your needs, a portion of this i like to use it for investment if there are good investments to be made
Always be prepared for the future maybe something goes wrong and you have to pay for someting.
That's not wrong, however first and foremost you have to get an overview on your funds: How much do I earn and what are my regularly occurring expenses? What is really needed and what is optional?
I think to successfully manage your money you should have some spending discipline. For me that's easy, since I do not feel much satisfaction from buying things. Other people I know are more emotionally attached to spending, feeling joy after buying something they desire. However this feeling of joy tends to be short-lived.
To sum it up: Know your means. Avoid the dangers of overspending. Avoid debt, since it leads to further expenses.
ya.ya.yo!
The best way to manage money is create plan of wastings , and also your power of will is really needed to controll yourself. With this two simple steps i am managing my money.
i like to have always a certain amount ready to resolve big problem or emergency, like 10 euro
the other can be spent at will for your needs, a portion of this i like to use it for investment if there are good investments to be made
Best way to manage your money is to always put some money on the side if you can and do not spend money just because you have money at the time. the other can be spent at will for your needs, a portion of this i like to use it for investment if there are good investments to be made
Always be prepared for the future maybe something goes wrong and you have to pay for someting.
Making budget is a good idea as it keeps the record of money to be spent and using credit cards is something like losing your money. Banks make you pay more. One more thing that could be opted is investing money in parts that will help you to have secondary income without much risk.
Yeah, it is better if you throw away your credit cards. It will just destroy your budget and the interest it bills when you missed a payment is too big. As much as possible avoid bad debts, it will carve away money from your budget. Save and then invest so you can be financially liberated.
Credit card are just for us to get tempted to buy on unnecessary things in life, they are designed that if we default a payment we will pay a huge interest plus penalty, we should stay way using it. Let's use cash instead and if you can buy things in cash the better.
Making budget is a good idea as it keeps the record of money to be spent and using credit cards is something like losing your money. Banks make you pay more. One more thing that could be opted is investing money in parts that will help you to have secondary income without much risk.
Yeah, it is better if you throw away your credit cards. It will just destroy your budget and the interest it bills when you missed a payment is too big. As much as possible avoid bad debts, it will carve away money from your budget. Save and then invest so you can be financially liberated.
Credit card are just for us to get tempted to buy on unnecessary things in life, they are designed that if we default a payment we will pay a huge interest plus penalty, we should stay way using it. Let's use cash instead and if you can buy things in cash the better.
Making budget is a good idea as it keeps the record of money to be spent and using credit cards is something like losing your money. Banks make you pay more. One more thing that could be opted is investing money in parts that will help you to have secondary income without much risk.
Yeah, it is better if you throw away your credit cards. It will just destroy your budget and the interest it bills when you missed a payment is too big. As much as possible avoid bad debts, it will carve away money from your budget. Save and then invest so you can be financially liberated.
Credit card are just for us to get tempted to buy on unnecessary things in life, they are designed that if we default a payment we will pay a huge interest plus penalty, we should stay way using it. Let's use cash instead and if you can buy things in cash the better.
Making budget is a good idea as it keeps the record of money to be spent and using credit cards is something like losing your money. Banks make you pay more. One more thing that could be opted is investing money in parts that will help you to have secondary income without much risk.
Yeah, it is better if you throw away your credit cards. It will just destroy your budget and the interest it bills when you missed a payment is too big. As much as possible avoid bad debts, it will carve away money from your budget. Save and then invest so you can be financially liberated.
Making budget is a good idea as it keeps the record of money to be spent and using credit cards is something like losing your money. Banks make you pay more. One more thing that could be opted is investing money in parts that will help you to have secondary income without much risk.
Get a list of the things that you will spend your money, and after creating it just simply follow it. If you can obey the simple list of to spend your money. Then you will become responsible and you can manage your money properly.
I will add to make some fund reserves too for miscellaneous things.
Also note that all money managing techniques can't be easily follow if people doesn't have any financial source of income to make their money saving possible.
So that would be perfect for them of course but the bad thing is that we cant predict it and is bad but saving money will also be nice.
In my opinion the best thing to manage money is separate the money for bills so it was intended only for bills,your daily use so you will not exceed to your limit by that you can control your money, and separate also the savings or make a graph so you would know where your money goes and also you can monitor that you are excess or not to your daily budget so you can have still money save in the future.
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