How good are you at managing your money - page 17.

icecube45

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Quote from: Omegasun on October 21, 2016, 11:43:36 PM

Quote from: mobilezz on October 21, 2016, 11:20:29 PM

To monitor your savings I always write down all my income and expenses. It helps to understand on what you can save. Some of the money I invest in cryptocurrency. And a small part invest in the purchase of gold

where do you purchase gold? it is physical or online gold currency. Gold is a good investment because it's price is strong on the market. It is better than investing on different alt coins, Atleast at gold, it have a real value and the probability for price inflation in the future is very high. I think Xaur is a good investment for gold because their currency is gold base, You gotta check it out.

Yes gold investment is very good for the price a very strong will to make a profit to be great. If I may prefer to invest in physical gold. We can save it and I think it is more practical.
Investing is a good way to manage some of the money in order to make a profit.

Omegasun

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Quote from: mobilezz on October 21, 2016, 11:20:29 PM

To monitor your savings I always write down all my income and expenses. It helps to understand on what you can save. Some of the money I invest in cryptocurrency. And a small part invest in the purchase of gold

where do you purchase gold? it is physical or online gold currency. Gold is a good investment because it's price is strong on the market. It is better than investing on different alt coins, Atleast at gold, it have a real value and the probability for price inflation in the future is very high. I think Xaur is a good investment for gold because their currency is gold base, You gotta check it out.

mobilezz

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To monitor your savings I always write down all my income and expenses. It helps to understand on what you can save. Some of the money I invest in cryptocurrency. And a small part invest in the purchase of gold

coynedterm

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Quote from: tommorisonwebdesign on May 19, 2016, 02:49:24 PM

While we are all here on this forum to earn one way or another, how well do you manage that money after you've earned it. Do you trade your Bitcoin as fast as you can spending it all in a day or do you save it? I recently got paid for a job I did in programming and i keep finding myself wanting to spend more of that money i made. I have a lot of credit card debt and that is not good. I have destroyed only two ofg my credit cards to which I owe thousands of dollars on.

how do you spend your money?

i am managing my Money in better way . i am using my earning for half in savings for fiat in bank and half of its amount is use by me to grow my bitcoin business . so i think my style to manage my money is good .

Ziskinberg

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Quote from: Milkduds on October 21, 2016, 06:40:56 PM

Feel like age has made me more in tune with my financial investing and having a lady in my life keeps me from going off the deep end and doing something stupid with my money. So I make a point of talking to a lot of older folks to tap in to their wisdom on how to make a decent life with what you got and its really made me respect money more than I used to.

Time will really come that you will be more responsible and will change because you want to give a good future for your wife and your family as a whole, in my experience when I was single, I still earn a decent income in my day job but due to lack of inspiration in life, I just spend most of my income in unnecessary things like going with friends on a night out and etc, but now I am more matured, I learn from my mistakes in the past.

Milkduds

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Feel like age has made me more in tune with my financial investing and having a lady in my life keeps me from going off the deep end and doing something stupid with my money. So I make a point of talking to a lot of older folks to tap in to their wisdom on how to make a decent life with what you got and its really made me respect money more than I used to.

betohell

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Quote from: Superbitzz on October 20, 2016, 08:49:03 AM

i am not too good in managing my money, and that is the reason that i always facing financial issues as i have no strategy for my money how to manage, but now i am thinking to make some strategy for managing my money.

I think everyone can do manage finances, you do not need to be confused, you just need to make note to spending less than income

wildworld

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Quote from: Superbitzz on October 20, 2016, 08:49:03 AM

i am not too good in managing my money, and that is the reason that i always facing financial issues as i have no strategy for my money how to manage, but now i am thinking to make some strategy for managing my money.

A budget planning can provide a solution here

extrabyte

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Quote from: tommorisonwebdesign on May 19, 2016, 02:49:24 PM

While we are all here on this forum to earn one way or another, how well do you manage that money after you've earned it. Do you trade your Bitcoin as fast as you can spending it all in a day or do you save it? I recently got paid for a job I did in programming and i keep finding myself wanting to spend more of that money i made. I have a lot of credit card debt and that is not good. I have destroyed only two ofg my credit cards to which I owe thousands of dollars on.

how do you spend your money?

I don't spend the same money on every month so it really depends on what season I live and how the weather is going to be each month, if it is more colder than I estimated then I spend more, so I keep saving as much as possible and spend as less as possible. The priority for online spending is the last one.

MONKEYJUNK

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Quote from: Superbitzz on October 20, 2016, 08:49:03 AM

i am not too good in managing my money, and that is the reason that i always facing financial issues as i have no strategy for my money how to manage, but now i am thinking to make some strategy for managing my money.

I'll give a tip to you, just put everything on a paper
Make priorities, for example bills are priority 1
good food are priority 2
games are priority 3

And try to save some money, maybe tomorrow you will need it for something

Babayega31

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Cryptocurrency Wallet - Denaro.io

Quote from: lexuz on October 20, 2016, 02:36:39 AM

Quote from: marcuslong on October 20, 2016, 02:13:07 AM

Managing money is not that hard to do if you know how to not spend to much then you will know on how to save money if you are earning it and you will do hard work from it you will realize that money is very important to us if we are going to just to spend and spend we will need money in future for sure that keep that.

Easy when speaking but in reality always is not easy as words, managing money is the hardest thing that is faced by many people as possible you are right not to spend a lot of money but then again a lot of unexpected things happen in life.

As a married man budgeting is very important that's why a make sure to spend money wisely to things that i need for my family most importantly food, transportation, electrical bills and health care. I make sure to it that the extra money in my wallet goes to my saving at my cooperative which i am a member 10 years until present. Managing money is a struggle you need to have a patience not to buy those things that you wouldn't need, like those gadgets, appliances and even going to malls is limited.

Bestwishes745

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Quote from: ronaldo40 on October 20, 2016, 11:11:17 AM

Quote from: BiTZeD on October 20, 2016, 10:24:00 AM

I think I'm good. I simply accumulate and forbid me to spend any cent out of it until price will be at least 10 000$ Grin

!

it is good that you will be waiting for the price reaches $10,000 that will never happen. so you will wait a very long time. but it could be good that you really do not spend any cent and you will have a lot of money in the future to continue to grow without spending.

But I can say that it is not hard for bitcoin to reach to that value. currently the number of bitcoin users is not very high and with each adopter who come to the bitcoin community and invest in bitcoin the price get a good effect and when all of the people from all te world will adopt bitcoin then the price will be much higher.

Bitcoinsummoner

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Maintain Social Distance, Stay safe.

I am not good in managing my money but i always prefer to save money since i have a dream to become a business man to have a good savings and to have a good future.. this is my own way and now im here in bitcoin to collect and save and to have a future dream..

ekoice

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I spend money to buy only essential goods.I save 20 percent of my earnings every month.I reinvest bitcoins earned from signature campaign into trading.

agustina2

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Quote from: Mr.grin on October 20, 2016, 08:00:39 PM

I feel that at this time I am not good in managing my finances. I always spend the money that I collected, even though I've set it up so that I can raise money little by little, but it needs to come suddenly I could not stop. I guess I had to rearrange this matter. maybe I'll just use 30% I get from my earnings

Depend on the spendings. If the person spends it on important things then it's just fine especially if the left money can keep up until the next payday.

For me, Im proudly thinks that I can managed my money properly since I will not have those things that I want if I can't able to managed my funds properly.

hakanbalta577

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I am very bad in managing my money,and yesterday again i made new plans for the management of my money,firstly i taken a strong decision that i will not gamble atleast for some time,and secondly all my savings will be collected in form of bitcoin,and after two months i will see where i stand now.

Doms

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Quote from: Superbitzz on October 20, 2016, 08:49:03 AM

i am not too good in managing my money, and that is the reason that i always facing financial issues as i have no strategy for my money how to manage, but now i am thinking to make some strategy for managing my money.

It is never too late to start wisely managing your finances. You just have to have the discipline to follow your strategy, if you have one already. Also, do not force yourself to start big right away. Develop first the habit of setting aside a small amount and just try to improve on it as you feel comfortable with what you are doing.

Mr. Big

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While my guitar gently weeps!!!

Quote from: Mr.grin on October 20, 2016, 08:00:39 PM

I feel that at this time I am not good in managing my finances. I always spend the money that I collected, even though I've set it up so that I can raise money little by little, but it needs to come suddenly I could not stop. I guess I had to rearrange this matter. maybe I'll just use 30% I get from my earnings

I think it has something to do with your lifestyle, maybe you made a lot extra spending on things that are needed or you spend a lot on things that you don't usually use or do...If you want to see that you are earning, you should never change the old lifestyle that you have before whenever you earn higher this days...

Mr.grin

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I feel that at this time I am not good in managing my finances. I always spend the money that I collected, even though I've set it up so that I can raise money little by little, but it needs to come suddenly I could not stop. I guess I had to rearrange this matter. maybe I'll just use 30% I get from my earnings

Galer

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Quote from: Ryananda on October 20, 2016, 10:22:20 AM

Yes it is very difficult to manage money. There is definitely a need that forces us to spend money to make ends meet. Really like you said, it is very difficult to implement in reality. But we can try to split which ones to need and which ones to save, it'll work. I also implemented that way.

Yeah its very difficult to implement it but we can try to manage a simple way by make a list or some budget plan for the day its help to manage your money.

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