Best way to manage money? - page 56.

CryingMidget

sr. member

Activity: 434

Merit: 250

Quote from: faridkifly on April 02, 2016, 05:12:37 AM

in my opinion, managing money cannot be explained by the theory.
because in reality all run differently, not according to our expectations. Cool

Yeah you are right! but we can leave as it for this also because money is not stable thing to be with us only, You can have money in the form of bitcoin in paper or coldstorage.
In future you can use that money as retirement fund.

quentincole32

hero member

Activity: 518

Merit: 500

Quote from: faridkifly on April 02, 2016, 05:12:37 AM

in my opinion, managing money cannot be explained by the theory.
because in reality all run differently, not according to our expectations. Cool

i'm sure outhere so many books that teach us to manage money as well,but i dont know what book is that,just googling for it. in logical view,its maybe right,managing money is depending how much our need and life requirment for each person is totally different.

Sithara007

legendary

Activity: 3276

Merit: 1352

Leading Crypto Sports Betting & Casino Platform

I would like to suggest a good opinion that is the proper planning and create a diary for maintaining our accounts. Firstly, we should go through the note daily. Secondly, try to reduce the use of credit cards. Moreover, invest our money wisely in shares and mutual funds.

ronaldinho_07

sr. member

Activity: 476

Merit: 250

Well at my house we made something like the expenses we get montly soo we have a balance of what we spend all months,and sure some of those money will be invested and a part will go into savings.Soo you must know the expenses and balance your finances accordingly.

gtglener

hero member

Activity: 575

Merit: 500

the best thing is that calculate the total amount of incomes, spend half of them and save the remaining, when you achieve some amount invest about half of your saved money and keep the remaining for future financing of your business. So your wealth will grow up.

harizen

legendary

Activity: 3122

Merit: 1398

For support ➡️ help.bc.game

Managing one's money is to save and organized the money that are meant for saving purposes.

Just enhanced and improve your money saving strategies and method. In that way you will able to managed your money well for spendings.

greghansel89

member

Activity: 70

Merit: 10

Quote from: iqlimasyadiqa on April 02, 2016, 08:37:54 AM

the best way to manage money is to put it in the bank. you will not lose money. and your money will be safe. you just need to divide it according to your needs.

Yeah putting it in the bank will secure your future and will be able to save so much money with picking on the one you need the most before you use your money.

Daneric

full member

Activity: 224

Merit: 100

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?

Money management is fundamental in every persons's life. As long as you have any sort of income, you will definitely have expenses. It is good that one maintains a record of all the expenses expected Vs the income in order to effectively manage your money well. Therefore budgeting is key to any good money management system.

iqlimasyadiqa

legendary

Activity: 1596

Merit: 1011

the best way to manage money is to put it in the bank. you will not lose money. and your money will be safe. you just need to divide it according to your needs.

stromma44

hero member

Activity: 952

Merit: 1000

Quote from: bajing on April 02, 2016, 08:24:37 AM

best way to manage money is only keep your money on bank account if you like to get passive income you can invest on gold or bitcoin because is the best investment right now.

Investing money in bitcoin seems pretty good at a moment and you can expect quick profits from it, whereas getting returns from gold will be time consuming.

bajing

legendary

Activity: 1176

Merit: 1001

The most Professional Cryptocurrency Casino

best way to manage money is only keep your money on bank account if you like to get passive income you can invest on gold or bitcoin because is the best investment right now.

plost24

sr. member

Activity: 462

Merit: 250

if you try to make many wallet like i do in coinbase i have 4 wallet one for gambling one for investing and one for saving money and the last one for neteller.
every time i got an amount i divice by 4 and every wallet i put in it some btc and that will let me not lose all my money in gambling i will always have btc in my wallets.

blackmachinegun

hero member

Activity: 532

Merit: 500

Quote from: pocarime32 on April 02, 2016, 01:27:06 AM

the best way to manage money is seperate your money into some address or wallet. I mean like 1 wallet for gambling purpose, 1 wallet for your saving money and 1 wallet for emergency use.

Agree with you split multiple wallet by function will allow you to save bitcoin Cheesy

if you want to make it that way. Of course you need an online wallet such as blockchain or something else
because this can not be implemented in desktop wallet ?

faridkifly

sr. member

Activity: 294

Merit: 250

in my opinion, managing money cannot be explained by the theory.
because in reality all run differently, not according to our expectations. Cool

joinal

sr. member

Activity: 322

Merit: 250

Quote from: hendra147 on March 18, 2016, 09:54:44 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

DimensionZ

sr. member

Activity: 350

Merit: 250

Shit, did I leave the stove on?

My tips for managing money is to pay with a debit card instead of a credit card and to use a budget app on your phone or PC to help you track your expenses and what part of your salary goes to paying off which bill or for entertainment, groceries etc. It's a convenient way of knowing exactly how much money you will be left with at the end of the month. Also it's better to keep a secret fund for rainy days because there will always be emergency situations and you won't need to take out loans to cover such unexpected expenses in a hurry.

pocarime32

sr. member

Activity: 420

Merit: 250

the best way to manage money is seperate your money into some address or wallet. I mean like 1 wallet for gambling purpose, 1 wallet for your saving money and 1 wallet for emergency use.

kenot21

full member

Activity: 196

Merit: 100

For me, i think you need to Budget on what to buy. Maybe you can make a list to what is the items that's needed for everyday. Also it is best to keep some money for emergencies just in case. The best way is just to control your self, Don't buy what you don't need.

ajrah

sr. member

Activity: 350

Merit: 250

I think the best way to manage our money is to spend it smartly and make a 3 kind of savings ,like Expenses for everyday, savings , and the other one is for investments .

betohell

sr. member

Activity: 476

Merit: 250

Quote from: shane on March 18, 2016, 11:55:43 PM

i write each transaction of my daily spending, so i know how much i spend my money for fun, for learning, for drink, and for my family.

use clasic excel, i make General ledger of my money because im accounting Cheesy

agree with you make a note in excel and make a calculation of the cost of income and expenses
because the records is very helpful to control on your money

Topic: Best way to manage money? - page 56. (Read 61099 times)