Topic: How do you budget your money in a day - page 3. (Read 2078 times)
I do my daily budget base on my daily needs. My daily budget are categorized into transportation, food and others. In transportation, all my family and myself transport for the day are calculated and bring to a total sum. In same way, all the additional food we need for the day are all sum together. In the other category, airtime and miscellaneous expenses are put together.
I think rent and food usually take up the largest chunk of a person's paycheck. Rent costs usually can't be changed so food is the first thing most people focus on. Value meals at fast food restaurants are what many would resort to. There are recent health trends which claim fasting 16-18+ hours a day can have a healing/regenerative effect on a person's body. Fasting can also help reduce cost per day spent on food and have health benefits as well. There are a lot of little things a person could do to save money on food. Buying a 5 gallon jug and filling it with potable water at supremarkets rather than buying starbucks coffee or something else. I think they charge around 50 cents for more than a gallon of drinking water which is much cheaper than 50 cents for 12 fluid ounces of what you'd get in a can of soda.
Cost savings extend to entertainment. Doing things for fun that don't require money to be spent. I never took any of this seriously but I did save near to $10,000 inside 2-3 years, once. Just by being a boring person, not going out all the time, with my main source of entertainment being hanging out at a skatepark trying to learn new tricks on a skateboard.
I am actually a student studying in a public school and we are not actually rich enough to have money that why i have low money that i need to budget a day when im going to school. I actually budgeting my 100 pesos and saving the excess forthe things that i want ti buy. Cost savings extend to entertainment. Doing things for fun that don't require money to be spent. I never took any of this seriously but I did save near to $10,000 inside 2-3 years, once. Just by being a boring person, not going out all the time, with my main source of entertainment being hanging out at a skatepark trying to learn new tricks on a skateboard.
Well is just s simple strategy buy only the things you needed most, try to be very careful in holding your money make a list of what you do and what to buy in order to avoid over spending
For me budgeting money in a day leads to your success in wealth. As a student I budget money in which atleast 50% of my allowance will be part of my savings. So you how do you budget your money? I wanna know your strategy.
Budgeting your money was a wise decision towards a great future. I think it would be great if you can do it by dividing your money for every necessities. So just always think and be wise especially if money is involves.
I don’t see any sense in making lots of spending daily, it’s really bad. Before I normally I spend a lot, and even before I get money, I plan what I’m going to use the money and do when it has not yet arrived, which is a bad thing and when the money arrives, it ends up being spent entirely.
Budgetting is a very challenging task. It is wasy to say this and that in real life specially if you are the one looking or earning money and you have to budget eveything. Its kinda stressful because you have to try stretch the money just to fit in the budget. The worst thing when you already know that you gor nothing left extra even f the money is not yet there.
Having a family with 3 boys makes it a bit hard to budget your money on a daily basis. You just really have to watch out your budget and being aware on your purchases. That's the only way. Do not go beyond your limit but if it requires sometimes for the kids and wife happiness. Then go ahead once in a while.
What is meant by budget your money? If you mean how you allocate your daily income then it is like that I took all my pocket money with me for daily use as I am a student and the remaining money I kept with my mother or some time buying some delicious meal for my mother from outside like we have a excellent restaurants near to our home so I bought some nice dish for my mom thats all about my daily income use.
Most of my money goes in rent and food. I try to save as much as I can but sometimes I have to spend some to go out at the theatre or bar or nightclub.
I think it is very important to not waste money in useless ways like expensive phone/tv or any asset which depreciates as soon as you buy it.
It is especially important when you are poor if you ever want to rise in the social hierarchy :p
I think it is very important to not waste money in useless ways like expensive phone/tv or any asset which depreciates as soon as you buy it.
It is especially important when you are poor if you ever want to rise in the social hierarchy :p
For me budgeting money in a day leads to your success in wealth. As a student I budget money in which atleast 50% of my allowance will be part of my savings. So you how do you budget your money? I wanna know your strategy.
For me after the salary, I will get 10% for savings and the rest for the kids school obligations, for the food and other needs in the house. What I did is I do get an amount for saving first before spending.
Of course everyday you budget your money buy foods and everything you need in that day only..and then the next day again and again and that's it..try to budget your money in a daily basis because you don't only eat once a day but for your whole life through 
more money to saving for the future purposse then very possible you will be retire with health of wealth and since several years ago i was only use 70% total amount of my salary in a month and saving 30% for my investment option separated it to bitcoin and altcoins
This is a very interesting topic, I will share my insights on this. Please look below regarding my allocation / budget of my salary from my work, kindly note that this is for monthly expenses only:
1. Food (20%) --- $200.00
2. Rent (10%) --- $100.00
3. Transpo (Gas) (10%) --- $100.00
4. Utilities (Electric, Water, Cable, Internet) (10%) --- $100.00
5. Clothing (10%) --- $200.00
6. Car Amort (30%) --- $300.00
7. Bank Account Savings (10%) --- $250.00
8. Local BTC Wallet Savings (10%) --- $250.00
Monthly Salary: $1,500.00 / month
I do live in the Philippines and the salary here is not that really well compared to other countries such as USA, Canada, Australia, UK or Middle East countries. But my monthly salary is being classified to a managerial position, and if you will convert it into Philippine Peso, this is enough to survive with the kind of lifestyle that I have. I'm not that social kind of person nor live in lavish, so I guess that really helps to allocate my salary very well. Also, as you can see, I have a savings to my local BTC wallet. I don't do trading, what matters me most is just hold the coins until I'm tired of saving (which I guess will never end though,
).
1. Food (20%) --- $200.00
2. Rent (10%) --- $100.00
3. Transpo (Gas) (10%) --- $100.00
4. Utilities (Electric, Water, Cable, Internet) (10%) --- $100.00
5. Clothing (10%) --- $200.00
6. Car Amort (30%) --- $300.00
7. Bank Account Savings (10%) --- $250.00
8. Local BTC Wallet Savings (10%) --- $250.00
Monthly Salary: $1,500.00 / month
I do live in the Philippines and the salary here is not that really well compared to other countries such as USA, Canada, Australia, UK or Middle East countries. But my monthly salary is being classified to a managerial position, and if you will convert it into Philippine Peso, this is enough to survive with the kind of lifestyle that I have. I'm not that social kind of person nor live in lavish, so I guess that really helps to allocate my salary very well. Also, as you can see, I have a savings to my local BTC wallet. I don't do trading, what matters me most is just hold the coins until I'm tired of saving (which I guess will never end though,
). My mother gives me exact money everyday enough for me to go to school. So whatever amount left in my wallet, that would be my savings for that day. As college student, I learned to restrict myself from buying things that I really don't need even on buying food whenever I'm hungry. I keep telling myself that someday, I can reward myself. Budgeting is a matter of discipline and to what environment you've grown has something to do with it.
Budgeting is not an easy task and even experts gain headaches when it comes to financial allocations. I personally is not good at budgeting but I make it sure that I spend my to what is necessary. In a day for example, I allocate my money for my food, fuel and allowance for my kids. Sometimes you can experience budget constraints but it's a daily challenge I have to overcome.
My mother gives me exact money everyday enough for me to go to school. So whatever amount left in my wallet, that would be my savings for that day. As college student, I learned to restrict myself from buying things that I really don't need even on buying food whenever I'm hungry. I keep telling myself that someday, I can reward myself. Budgeting is a matter of discipline and to what environment you've grown has something to do with it.
For me budgeting money in a day leads to your success in wealth. As a student I budget money in which atleast 50% of my allowance will be part of my savings. So you how do you budget your money? I wanna know your strategy.
And you are sure that your investments in the future will give you a profit that will be necessary for you for the first time of self-imposed life. Or is it simply following the trend, it may be better to reduce the investment percentage and postpone more. For me budgeting money in a day leads to your success in wealth. As a student I budget money in which atleast 50% of my allowance will be part of my savings. So you how do you budget your money? I wanna know your strategy.
Im also a student but i save 60% of my allowance because i dont need to buy more things that i dont need. Now im graduating i have only 4days in a week in school i increase the percentage of my saving now its 70% .For me budgeting money in a day leads to your success in wealth. As a student I budget money in which atleast 50% of my allowance will be part of my savings. So you how do you budget your money? I wanna know your strategy.
If i have allowance i don`t actually spend it all for just one day because money is really important. You must know how to manage your money for in case of emergency you have enough money to be used and if you know how to thrifty your money you will have a further future for sure. For me budgeting money in a day leads to your success in wealth. As a student I budget money in which atleast 50% of my allowance will be part of my savings. So you how do you budget your money? I wanna know your strategy.
When I was a student, as far as my allowance is concern. Especially during college years, I'm lucky enough to save atleast 20% of allowance because there's a lot of stuff that's going on those days like projects and other school related finances.
For me budgeting money in a day leads to your success in wealth. As a student I budget money in which atleast 50% of my allowance will be part of my savings. So you how do you budget your money? I wanna know your strategy.
ًWhat are you trying to say ? I couldn't figure it even one meaningful phrase out of this.
Try again. Or learn english first.
For me budgeting money in a day leads to your success in wealth. As a student I budget money in which atleast 50% of my allowance will be part of my savings. So you how do you budget your money? I wanna know your strategy.
I am not good into budgeting my money for one day. Most of the times I will alot an allowance for that week and just before the week ends, I need to patch up my allowance because I am already short of money. I will just buy things that I like and I think I am always hungry. Well, thatbis because all the earnings I made with bitcoin is just in my wallet. All are saved.Jump to: