To be honest I don't do budgeting. I don't do the regular budgeting whereas you list the things that you buy and stuff. Like debit credit kind of thing. What I'm doing is that I try to be a smart buyer instead of doing all these calculations. When I see something on sale and I think I need it or I might need it in the future, then I'm going to buy it. Most groceries when bought in bulk are a lot cheaper as well as other materials that are needed in the house. For food, I just eat whatever I find both healthy and delicious. I don't really mind spending a little more than to eat like a rat and end up having some terminal disease in the future. Both decisions will cost money, the only difference is that getting a terminal disease from eating lower quality foods will have the expense in the future while eating healthy and delicious will cost you money right away.
I don't really put up a tight budget. The reason behind this is I used to work day and night and I think that if there's somebody that I know that deserves the best things (like material things) then it's me because I worked really hard to be where I am at right now.
Topic: How do you budget your money in a day - page 6. (Read 2078 times)
I track my spending closely using Mint.com. Then I have an idea where it is going and can make a decision on how much I really want to spend on a doodad. When I get close to my cap on a discretionary expense it makes me really ask myself if I need it now or can I wait. I also try and donate some money to charity, and pay myself. I put away at least 10% of everything i make and more when I can.
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 money is easy if you are a person who is used to buying not so expensive things but useful ones. I think you are asking this question because you want to know how to save money from the money that you also have. Actually budgeting money could be hard if your money is really enough for your food, transportation fee and etc. because in that case, you need to reduce the amount of food you eat or instead of riding you will walk.
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.
Well thats a good one, but foe mw its kinda hard when you dont have enough money to consume for the rest of the day given the fact that you are not born with a silver nor gold spoon in your mouth. I usually save based on what has been left with me, I have to eat and pay for try transportation and this is a sad truth in my life.
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.
50% is too much because there are lots of unexpected expenses when you are still a student specially if you are just self sustaining on your studies and not completely being supported by your family then it would be hard but if not then saving up even on 70% is possible and I agree on the thing that saving up would really lead up on success and we should not make some unwise spendings. Save and save as long you can able to do such thing.
in my opinion, you must to calculate how much do you need in one day or one week and make list the priority.. if there's some money left, you can saving it..
Budgeting money is so hard first you must have a list to buy in order to avoid buying things that is not necessary at all then pay all the bills and the remaining save it
Save first a percentage, depends on how much you prefer, of your money and save what is left. Not the other way around. Not in a way that you spend your money and save what is left.
Take a time budgetting all expenses and look at your money and try to separate everything from your bills down to household needs and your own expenses for the whole week.Try to minimize the things that you won't be needing allowing you to have something to keep.
Minimizing the things that are not really necessary will honestly always help and one cannot achieve that without budgeting. I used to be in the position of spending money as they come, and luckily for me after working for a firm and understanding what budgeting can help you achieve, I put it into my personal life and since then, I have ended up noticing there are just some bucks I end up wasting and having a monthly budget with a list of priorities and even giving little to some of the unnecessary things I like, I still always end up saving a lot. It takes a whole lot of discipline though. 
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 sure you will be rich someday considering that you know how to value your money even at the early age. Well in day to day basis I just constantly buy the same thing. Same breakfast, a piece of fruit, lunch and some dinner. I am working so my thinking is I have to eat well so I can work well.
Well since we don't know what's up ahead on us, we do really need to save money, as for a student like OP as he said, his 50% of his allowance goes to his savings, well its good and could benefit from it someday, but for us who have families and responsibilities, its really hard to balance and budget how much do we really need, because when we say responsibilities you don't have to be selfish anymore or save for your own good, but for your family which is why, so many bread winners here tries to find a way on alternate source of income to sustain our daily needs.
It is really hard to do a fixed budget especially when you are a college students there will always be expenses that you need to buy which you don't know the amount yet. 50% is really a big amount its either you have a big allowance or you have less expenses as a student. I myself cannot follow my own division of my allowance as there are many factors affecting it from school books to your friends asking you to join them for a drink. So it is really hard to follow especially if your allowance is really not that big.
I budget my allowance. I'm only given enough amount of money for a day. For transportation, lunch and school stuffs. It is really enough for all my expenses for a day, so i have no chance for saving so I'm always carrying packed lunch to save money. Thanks for bitcoin for giving me extra money.
Take a time budgetting all expenses and look at your money and try to separate everything from your bills down to household needs and your own expenses for the whole week.Try to minimize the things that you won't be needing allowing you to have something to keep.
Limit your Credit card or limit the amount of money in your account for the week/month. If you hit your cap that's it. I like to keep any extra to compound over to the next month as a mini bonus to myself.
Just putting aside my monthly bills like electric, water and monthly groceries and 20% for my savings and the rest will for daily expenses. Prioritizing my needs before my wants.
Needs are the compulsory without which you cannot live and desires and wants are something which add the luxury to your life. So you have planned quite properly by placing the right things first and with the rest saving you keep investing a certain % in the btc where after some years you will definitely get a good amount as a return on this investment.
I budget my money by listing all the things that only i need for a day and i just always bring that list or put it on my phone using an app so i can stick with that list so if there is something that caught my eyes in a mall then i will not buy it because i know that i have a list that is all about the things that i only needed.
For me, budgeting my money is the easiest part for a student. I'll make sure that i spend my money to all my needs rather than all my wants. First thing before i'll go , i will get my money exactly for a day to spend. And take part for food, transport fee and necessary things or i rather save the remaining for the next day.
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.
There is a budgeting strategy for millenials by a Singaporean billionaire. Google and read, it might help ya.
Regarding to OPs question i think we have the same thing eventhough im not a student and having my own family now,and my wife is who budgeting our daily expences she make sure that 20-30% of our daily income goes to savings and my earning here in crypto remains in crypto for our childrens future
Just putting aside my monthly bills like electric, water and monthly groceries and 20% for my savings and the rest will for daily expenses. Prioritizing my needs before my wants.
This is the commonly error of the middle type and poor people to rich people. Middle man and poor tends to spend their money on their needs, and even things that they need but not really useful, they also buy. While the rich people, spends it on investments which make them more richer.
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