Best way to manage money? - page 55.

Mr. Big

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Quote from: MyBTT on April 04, 2016, 05:12:00 AM

The best way is to always have a budget set out before you go and buy something. If it is over your budget, then don't buy it, if it's in your budget, then buy it if you really need it.

IMO, it's better to have a simple lifestyle all thru out your life...If today your salary is very small and you eat one boiled potato, and the next time you have a job you have a higher salary, you should still eat a boiled potato, even if you get richer, your lifestyle should not come along with your salary..That's what I think the best way to manage money...

diodio5

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Quote from: lienfaye on April 03, 2016, 12:21:39 AM

i think the best way is to save in the bank. save atleast half of your income and use the other half for your other expenses. you can also try investing in bitcoin or gold. the value of gold increases as time goes by.

I thought it was a good idea considering the bank is safe enough to save. they are the centralization of course they will do their best for the user.
in addition you can also get the interest of the bank. so you can still make a profit from the deposit money in the bank

MyBTT

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The best way is to always have a budget set out before you go and buy something. If it is over your budget, then don't buy it, if it's in your budget, then buy it if you really need it.

harizen

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One part of managing our money well is to control our purchased products or goods at home. At least 30% of the whole of our money are used by purchasing goods. It does effect in our plan to manage our money.

What I mean here? Learn the factors of comparing quantity over quality or vice versa.

Lots of merchant competition are happening worldwide so you have different option and will not just engaged to a single or famous brand.

Iceborn

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Best way to manage money is to know how much money you have to pay. Now you have some money left or your self, a bit of this money you have to put in your savings.

West man

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Managing money in the right way is tricky and eludes most people as they can't decide where to put it into what at any given time. Whether that be into house repairs, entertainment or just into savings.
I prefer to say save as much as you can after all the bills have been paid off. That insures you have something left over at the end of the month so you can spend on the things that you need not want.

bamboylee

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Pay off your debts first especially those who earn interest. They will kill any plans you have to manage your money. Then you can divide your money to savings, daily expenses and other expenses. Whatever percentage you came up to, stick to it. Discipline yourself to strictly follow your plan. That's the only advice I can give.

plost24

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Quote from: BitcoinPaw on April 03, 2016, 02:41:06 PM

Quote from: lienfaye on April 03, 2016, 12:21:39 AM

i think the best way is to save in the bank. save atleast half of your income and use the other half for your other expenses. you can also try investing in bitcoin or gold. the value of gold increases as time goes by.

Many people using cards for shoping and they wasting more than puting on it. Bank it's not best way for maneging money i think.

in our country bank is the best place to maneging money or saving them those bank dan't have credit card and when you save money every year they add some % in you fund so you can say like a little investing but it is 5% or lower but your money is safe and you can withdraw anytime you like.
but you need to go to that bank and that will help you manege your money very well.

ronaldinho_07

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Well bitcoin can be one way as they offer plans around 1 year to 3 or 5 years of savings plans which you cant reverse,and if you do you will loose money instead getting more.The thing to save money has to be your concern to have something ready for an emergency otherwise you may face the worse moments at your life.

BitcoinPaw

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Quote from: lienfaye on April 03, 2016, 12:21:39 AM

i think the best way is to save in the bank. save atleast half of your income and use the other half for your other expenses. you can also try investing in bitcoin or gold. the value of gold increases as time goes by.

Many people using cards for shoping and they wasting more than puting on it. Bank it's not best way for maneging money i think.

Herbert2020

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Quote from: maxj57634 on April 03, 2016, 02:05:18 AM

Quote from: armansolis593 on April 03, 2016, 12:41:50 AM

Quote from: ronaldinho_07 on April 02, 2016, 07:49:31 PM

Well the way to save money comes from our education at home,usually we follow our fathers steps.One thing is sure you need to know how much you spend each month,and then you must balance and see where you can save .

Education from childhood will really help a person to save money,having a role model when you grow up teaching you the importance of saving will help a person to save.

It really helps if you have been educated by your parents to save money in your younger days,and as you grow up you will learn how important money is.

very good point.
thinking back i realize that i have leaned the value of money from my younger age when i was a kid. and now i really appreciate the money i have and i think that is why i have this much and never blow it off on stupid things.

maxj57634

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Quote from: armansolis593 on April 03, 2016, 12:41:50 AM

Quote from: ronaldinho_07 on April 02, 2016, 07:49:31 PM

Well the way to save money comes from our education at home,usually we follow our fathers steps.One thing is sure you need to know how much you spend each month,and then you must balance and see where you can save .

Education from childhood will really help a person to save money,having a role model when you grow up teaching you the importance of saving will help a person to save.

It really helps if you have been educated by your parents to save money in your younger days,and as you grow up you will learn how important money is.

joinal

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Quote from: lienfaye on April 03, 2016, 12:21:39 AM

i think the best way is to save in the bank. save atleast half of your income and use the other half for your other expenses. you can also try investing in bitcoin or gold. the value of gold increases as time goes by.

I think the depositary bank is quite nice, but that you keep your money in the bank, it will continue to decrease each month, because the administrative costs of the bank,
I prefer to save in bitcoin wallet no any admistrative cost

gilangIDR

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Quote from: lienfaye on April 03, 2016, 12:21:39 AM

i think the best way is to save in the bank. save atleast half of your income and use the other half for your other expenses. you can also try investing in bitcoin or gold. the value of gold increases as time goes by.

yes very much agree with you. save money in the bank is a very good thing. you will not easily lose your money. sesikit you will also get a bonus if you keep your money in a short time has been determined by the bank.

armansolis593

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Quote from: ronaldinho_07 on April 02, 2016, 07:49:31 PM

Well the way to save money comes from our education at home,usually we follow our fathers steps.One thing is sure you need to know how much you spend each month,and then you must balance and see where you can save .

Education from childhood will really help a person to save money,having a role model when you grow up teaching you the importance of saving will help a person to save.

lienfaye

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i think the best way is to save in the bank. save atleast half of your income and use the other half for your other expenses. you can also try investing in bitcoin or gold. the value of gold increases as time goes by.

Slark

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Quote from: joinal on April 02, 2016, 02:48:00 AM

Quote from: hendra147 on March 18, 2016, 08:54:44 PM

lastday i lose arround 0.4 at Etherum trade after this lose
i have plan to manage again my money/bitcoin

my plan i will withdraw 0.1 each week to my bank acc and save 0.1 each week to my Xapo vault

you should be able to divide your money appropriately, split between
1. investment money or the like and
2. the money to save
I usually share more in saving but it depends on your wish

Isn't it that people are usually use their saving money to invest? Most people has no comfort of saving good amount of money. It is either they invest 90% of money toprofit from investments.
Or earn very little. At least from my experience it seems like the case.

ronaldinho_07

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Well the way to save money comes from our education at home,usually we follow our fathers steps.One thing is sure you need to know how much you spend each month,and then you must balance and see where you can save .

gerXhonza

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Quote from: makingwin1 on April 02, 2016, 12:56:07 PM

i think the best way to manage your money would be to just put it all into bitcoin and have no other currencies at all

that would surely be a great investment option and you would make a lot of money in the future because the price of the bitcoin will surely grow in the future really fast

Putting all your money in a single product will be very risky as we are not sure about the future of bitcoin so its better that we invest our money in different products to reduce risk.

makingwin1

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i think the best way to manage your money would be to just put it all into bitcoin and have no other currencies at all

that would surely be a great investment option and you would make a lot of money in the future because the price of the bitcoin will surely grow in the future really fast

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