How good are you at managing your money - page 21.

Betwrong

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Quote from: goinmerry on October 09, 2016, 08:33:52 PM

With a lot of gambling that is taking place plus the sigs are almost all gambling sites it is really hard to control it when you know you have a bitcoin to use. It is good for bitcoin economy but not for people. I guess managing is really that hard when temptation is near you.

That's right but you should try harder. I'm sure you know already from your own experience that you can't make money with gambling. Gambling is a good distraction so I think it's nothing wrong with spending/losing around 1% of your earnings on that, but you will never earn with gambling.

8Habits

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Quote from: NetFreak199 on October 10, 2016, 06:50:35 AM

Quote from: ged00u on October 10, 2016, 05:08:16 AM

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?

To be honest, i am an expert in managing my money. I never spend all of my money at the same time. In my piggy bank there is always a large amount of money as well as my bitcoin wallet. The best way not spend money is to keep it in some places where you can not use it.

wow! expert! thats cool! You can be rich with that attitude dude! In the future you can save a lot of money through it! Keep it up! While me im not good in managing my money! Just buy and buy! I dont do savings! Just buy all the stuffs that i want.

At least you knew it. And once there is a real need for you to save, then you know the things that you need to develop and that is your tendency of buying and just buying what you really want. The moment that you need to save is when you already have a family of your own where you budget your money for the education of your own children, food for the table, bills, and the like.

NetFreak199

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Quote from: ged00u on October 10, 2016, 05:08:16 AM

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?

To be honest, i am an expert in managing my money. I never spend all of my money at the same time. In my piggy bank there is always a large amount of money as well as my bitcoin wallet. The best way not spend money is to keep it in some places where you can not use it.

wow! expert! thats cool! You can be rich with that attitude dude! In the future you can save a lot of money through it! Keep it up! While me im not good in managing my money! Just buy and buy! I dont do savings! Just buy all the stuffs that i want.

Doms

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Activity: 714

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I try as much as possible to be better at managing my finances. I am not getting any younger and I have a growing family. If everything was easier when I was single, being a family man is a completely different thing. I try set my priorities so I won't find myself lacking money when I need it most. Also, even if I get an annual raise, I try not to adjust my lifestyle.

thend1949

hero member

Activity: 798

Merit: 500

Quote from: maydna on October 09, 2016, 08:51:49 PM

Quote from: batang_bitcoin on October 09, 2016, 08:01:24 PM

Quote from: outatime1 on October 09, 2016, 01:46:10 PM

I'm pretty good at managing money now but I can't say I always have been. I think I do a good job of investing my bitcoin and controlling what I hold on to and what I use for trading and lending, etc.

Well even you are going to have a lot of investment in bitcoin still you need to be able to manage your money properly. And what I am going to do is when I have good enough money I will going to make a list for everything that I will going to spend my bitcoins and allocate them properly. Like some part for expenses and some for investment.

make a list is a good idea to help us to do one by one and don't get rush for wanted everything work together. and maybe i will make a list like you do and i hope that list will help me too to know what is the most important i should buy and what is less important for so i can saving my money for another purpose.

actually i am not good in managing my money but i am trying hard to do my best, its hard and i need to trying more.

We are the same im not also good in managing my money. If i just go to grocery to buy some foods i just pick and put it in the basket and i dont even mind the price thats why i forgot something important than the other things that i bought. Making list is nice idea! I should try it.

yndye

sr. member

Activity: 616

Merit: 262

I am slowly learning how to manage my money properly but I can say that before I discovered the right way to save money then I am really not good. For now, I still have some unpaid debts and it's not good because I earn only enough and my debt is already having its anniversary still unpaid. I will do my best to earn additional income to slowly pay my debts and then start to really manage my money properly because even if I earn big but I don't control myself then I can still not save. The way is to strictly follow my budget and spend only what I can afford to spend because what happen before is that I already spent unearned money that's why I am having that much debt.

ged00u

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Activity: 770

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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?

To be honest, i am an expert in managing my money. I never spend all of my money at the same time. In my piggy bank there is always a large amount of money as well as my bitcoin wallet. The best way not spend money is to keep it in some places where you can not use it.

BitcoinMarshal

hero member

Activity: 756

Merit: 504

Quote from: YTBitcoin on October 09, 2016, 08:42:13 PM

I am much better in managing my money, I have some amount of income from bitcoin and very little from other activities and I spend half of them in my neds while I keep to save the remaining and planning to start a business with that saving in the future.

You are very good that you can manage things very wisely I was very poor just because of this most of time I am in problems now trying to manage things for some better future hope I can do like this for myself

dunfida

legendary

Activity: 3122

Merit: 1140

Quote from: YTBitcoin on October 09, 2016, 08:42:13 PM

I am much better in managing my money, I have some amount of income from bitcoin and very little from other activities and I spend half of them in my neds while I keep to save the remaining and planning to start a business with that saving in the future.

You have a very good plan on regarding on your management on your money which these things or ways could able to make you succesful in the future or in the long run. Saving would really a good thing when you intend to make invesments on the future. Managing funds properly should be obliged on yourself.

maydna

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Activity: 2912

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Quote from: batang_bitcoin on October 09, 2016, 08:01:24 PM

Quote from: outatime1 on October 09, 2016, 01:46:10 PM

I'm pretty good at managing money now but I can't say I always have been. I think I do a good job of investing my bitcoin and controlling what I hold on to and what I use for trading and lending, etc.

Well even you are going to have a lot of investment in bitcoin still you need to be able to manage your money properly. And what I am going to do is when I have good enough money I will going to make a list for everything that I will going to spend my bitcoins and allocate them properly. Like some part for expenses and some for investment.

make a list is a good idea to help us to do one by one and don't get rush for wanted everything work together. and maybe i will make a list like you do and i hope that list will help me too to know what is the most important i should buy and what is less important for so i can saving my money for another purpose.

actually i am not good in managing my money but i am trying hard to do my best, its hard and i need to trying more.

YTBitcoin

hero member

Activity: 686

Merit: 500

I am much better in managing my money, I have some amount of income from bitcoin and very little from other activities and I spend half of them in my neds while I keep to save the remaining and planning to start a business with that saving in the future.

Ziskinberg

hero member

Activity: 3010

Merit: 666

Quote from: batang_bitcoin on October 09, 2016, 08:01:24 PM

Quote from: outatime1 on October 09, 2016, 01:46:10 PM

I'm pretty good at managing money now but I can't say I always have been. I think I do a good job of investing my bitcoin and controlling what I hold on to and what I use for trading and lending, etc.

Well even you are going to have a lot of investment in bitcoin still you need to be able to manage your money properly. And what I am going to do is when I have good enough money I will going to make a list for everything that I will going to spend my bitcoins and allocate them properly. Like some part for expenses and some for investment.

That's certainly true, besides you cannot invest when you are not good in managing your money, it always starts with managing your expenses and if you can do it well you will be able to save money as your savings for future opportunity of investment.

When you are on your way to investment, you need to take care of your investment as that is your future and it depends on your decision on the outcome of your investment.

Mr. Big

global moderator

Activity: 2324

Merit: 1179

While my guitar gently weeps!!!

Quote from: goinmerry on October 09, 2016, 08:33:52 PM

With a lot of gambling that is taking place plus the sigs are almost all gambling sites it is really hard to control it when you know you have a bitcoin to use. It is good for bitcoin economy but not for people. I guess managing is really that hard when temptation is near you.

You would only be tempted if you let temptations tempt you... But if you don't entertain them, then you are just fine, what I think would really make your managing skills difficult is when an unexpected event happen and you have no choice but to spend money...You can refuse spending money on gambling but never on emergencies...

goinmerry

legendary

Activity: 2940

Merit: 1083

With a lot of gambling that is taking place plus the sigs are almost all gambling sites it is really hard to control it when you know you have a bitcoin to use. It is good for bitcoin economy but not for people. I guess managing is really that hard when temptation is near you.

batang_bitcoin

hero member

Activity: 3080

Merit: 603

Quote from: outatime1 on October 09, 2016, 01:46:10 PM

I'm pretty good at managing money now but I can't say I always have been. I think I do a good job of investing my bitcoin and controlling what I hold on to and what I use for trading and lending, etc.

Well even you are going to have a lot of investment in bitcoin still you need to be able to manage your money properly. And what I am going to do is when I have good enough money I will going to make a list for everything that I will going to spend my bitcoins and allocate them properly. Like some part for expenses and some for investment.

Superzpay

hero member

Activity: 672

Merit: 500

Quote from: mastica on October 08, 2016, 12:00:16 PM

Something i had learned with problems that others people has is about the credit cards, sure they might help anybody but without control the most of people spend their salary into those, my lesson is if i wanna something i will collect money to buy it, if i havent money i wont dream with it.

if we will not have money then we do not need to buy it but dreaming for it is better for us as if we dream for a thing hen we will try to work hard to earn more money to buy that thing and we will save our money wholeheartedly.

vero

hero member

Activity: 518

Merit: 500

Quote from: mastica on October 08, 2016, 12:00:16 PM

Something i had learned with problems that others people has is about the credit cards, sure they might help anybody but without control the most of people spend their salary into those, my lesson is if i wanna something i will collect money to buy it, if i havent money i wont dream with it.

Yap because credit cards are not a tools in managing finances, with the convenience provided by credit card will make you get an trouble.

outatime1

sr. member

Activity: 364

Merit: 254

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I'm pretty good at managing money now but I can't say I always have been. I think I do a good job of investing my bitcoin and controlling what I hold on to and what I use for trading and lending, etc.

bitdumper

sr. member

Activity: 266

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One world One currency, Bitcoin.

i am not the professional but i can say that i am one of the best in my country because i am pritty fast learner at every field i do not study books but i like tp know about topics sp it makes me a little bit diffrent from pther around me and a bit of internet boosts my learning skills a lot

socks435

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Quote from: Chennai on October 09, 2016, 12:23:44 PM

When i receive my salary, i prioritize which are must to be taken care and how much to allocate for it. I usually keep 25% of my salary for an emergency expenses, it can be for medicals or can be for purchasing unexpected things. My wife supports in planning for saving a percentage of my salary. Though i plan to manage, i am still learning it.

Well we are not all the same for me i just use all my salary from my job and i am expecting in bitcoin to save more for future. that i can use to my business in the future this is my plan and i think i will be the boss in my own business that i dont need to work with other boss.. this is one of my plan until i start online business if i am success ful in my own business locally..

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