Best way to manage money? - page 57.

uname

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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

so bad I think we should be able to make a plan and records what percentage is used to store or to conduct bitcoin growth. it should be noted. so that financial management can be orderly

hendra147

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Quote from: MingLee on March 18, 2016, 10:00:29 PM

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/uᴉoɔʇᴉq

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

I had a feeling that ETH was going to crash soon, looks like that day has passed and it'll be returning to it's proper value.

I'm sorry for your financial loss.

I personally try to spend as little as possible, unless it is my disposable income. That way there is typically enough for me to use on "typical" expenses.

last day i made 0.7 btc at $GMC $GAME (poloniex) buy at 9k then sold out at 12k Roll Eyes

i think trading altcoin is fun

we can growing our money, we can manage it

Akupuniard

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Start from your spending list and count all of your spendings per month try to make it accurate and then try to follow your list.

Mr.grin

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maybe you can split the money or bitcoin obtained in order to manage your money better. such as dividing the earnings of the 70% that you get to you to save and 30% for you to use.

jak3

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the best way to save money in my opinion is make a budget of every month and also save/invest some amount of your income for future needs (such as accident, disease etc) saving money for future is the best way to save your money

n0ne

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Quote from: Pursuer on March 24, 2016, 06:44:35 AM

money management is a hard skill to master. but it is an absolutely necessary one to learn for everybody, unless you are loaded and don't care about throwing money away.
what I do is that I put aside my expenses out of my income and what is left over I try to invest. mostly I invest in bitcoin these days since there is a halving on the way and the price may go way up. and also I invest in some other things just to diversify and spread the risk around.

Money management is highly required in everyone's life as mentioned by above mate. But at present it's not a big deal to learn it as various applications had made it easy and accessible with little computer knowledge.

Pursuer

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Where is my ring of blades...

money management is a hard skill to master. but it is an absolutely necessary one to learn for everybody, unless you are loaded and don't care about throwing money away.
what I do is that I put aside my expenses out of my income and what is left over I try to invest. mostly I invest in bitcoin these days since there is a halving on the way and the price may go way up. and also I invest in some other things just to diversify and spread the risk around.

NewInCryptoCurrency

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Best way to manage money is to save and know how to spend it. Do not just go all out when you have received money.
You can spend some money but try to save more then 50 pro-cent of it. When you do this for a couple of years I guarantee you it will make you happy.

n0ne

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Managing money has been made easy these days with the use of various types of applications for mobile which can be selected based on our requirements.

shane

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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

MingLee

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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

I had a feeling that ETH was going to crash soon, looks like that day has passed and it'll be returning to it's proper value.

I'm sorry for your financial loss.

I personally try to spend as little as possible, unless it is my disposable income. That way there is typically enough for me to use on "typical" expenses.

hendra147

hero member

Activity: 644

Merit: 509

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

rogie07

member

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Well currently at my home the income and outcome is balanced we are paying a loan that we made last year .It werent an expected thing to happen but since the payments had delay we had to be sure the childs wouldnt cross any problem related to that.But he have savings at the same time just dont wanna to move it ,as we know its easy to take out and hard to put back.

Nameless Coin

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Quote from: Piltover on March 18, 2016, 06:15:14 PM

Quote from: praprata on March 18, 2016, 05:38:57 PM

Quote from: arseaboy on March 18, 2016, 03:50:15 AM

managing money will be depend to its user, like me I'm a father of two so I use to think first of my kids and wife then making it sure that we always do have extra for emergency, instead of going out we manage to stay at home and watch movies together my wife is a good cook so no need to spend money eating out. just always remember to value your money stop wasting it from a non sense gadgets or gimmicks and start to invest.

That's what i like most of some people. They act like the heroes of society. Putting your children and wife first is exactly how you should.
Because yes, that's the job of a husband. Great job.

I personally make sure to safe most of my money for a rainy day.

That's exacty why i save and collect money. There is nothing certain in life. Nothing.
Having or saving money is the best a man can do. To make sure he can be happy and keep on smiling.

Indeed saving money is the best you can do these days and the fact is also, that the bitcoin future is of course unsure so that is why.
saving money is good before, the bitcoin collapse or something.

Piltover

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Quote from: praprata on March 18, 2016, 05:38:57 PM

Quote from: arseaboy on March 18, 2016, 03:50:15 AM

managing money will be depend to its user, like me I'm a father of two so I use to think first of my kids and wife then making it sure that we always do have extra for emergency, instead of going out we manage to stay at home and watch movies together my wife is a good cook so no need to spend money eating out. just always remember to value your money stop wasting it from a non sense gadgets or gimmicks and start to invest.

That's what i like most of some people. They act like the heroes of society. Putting your children and wife first is exactly how you should.
Because yes, that's the job of a husband. Great job.

I personally make sure to safe most of my money for a rainy day.

That's exacty why i save and collect money. There is nothing certain in life. Nothing.
Having or saving money is the best a man can do. To make sure he can be happy and keep on smiling.

praprata

sr. member

Activity: 420

Merit: 250

Quote from: arseaboy on March 18, 2016, 03:50:15 AM

managing money will be depend to its user, like me I'm a father of two so I use to think first of my kids and wife then making it sure that we always do have extra for emergency, instead of going out we manage to stay at home and watch movies together my wife is a good cook so no need to spend money eating out. just always remember to value your money stop wasting it from a non sense gadgets or gimmicks and start to invest.

That's what i like most of some people. They act like the heroes of society. Putting your children and wife first is exactly how you should.
Because yes, that's the job of a husband. Great job.

I personally make sure to safe most of my money for a rainy day.

arseaboy

hero member

Activity: 644

Merit: 500

managing money will be depend to its user, like me I'm a father of two so I use to think first of my kids and wife then making it sure that we always do have extra for emergency, instead of going out we manage to stay at home and watch movies together my wife is a good cook so no need to spend money eating out. just always remember to value your money stop wasting it from a non sense gadgets or gimmicks and start to invest.

DeDordtenaar

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Quote from: adibe on March 17, 2016, 07:46:15 AM

By creating multiple wallet for manage your money. I mean, you can seperate your money. Like wallet 1 for gambling stuff, wallet 2 for saving your money and wallet 3 for emergency use.

lol I think it uses a lot wallet will only make trouble in accessing and very complicated. You do not have to discriminate the difference was using one wallet enough

chiefraven

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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?

Taking the time to manage your money better can really pay off. It can help you stay on top of your bills.You can use these extra savings to pay off any debts you might have, put them towards your pension, or spend them on your next car or holiday. Read on for money management tips, including how to set up a budget, sticking to it and how to save.

n0ne

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SecureShift.io | Crypto-Exchange

Quote from: hawkins on March 17, 2016, 03:19:27 AM

the best way to manage money is to give it to your wife, or your mother, then they will do a management that does not even you thought, the way I do it, because if I were to manage my money, so the money will soon run out Grin

Agreed 100%, No one will manage money effectively as mother or wife. Even if you see in most of the corporates women will be handling financial managements.

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