Topic: How good are you at managing your money - page 22. (Read 51545 times)
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.
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.
i spend my money mostly on things i need...try as much as possible to draft a scale of preferences,because there are many wants,and trying to get those wants might result to me mismanaging my money..so i'll pick the important wants i.e,needs and deal with the rest later and i always follow my scale/list...
You have a good future mate, learning what is more important to us in managing our money is good. Prioritize only our needs and only buy our wants sometimes, in that way we will be able to save money for our future and we have a good chance to invest if we can find an opportunity.
i spend my money mostly on things i need...try as much as possible to draft a scale of preferences,because there are many wants,and trying to get those wants might result to me mismanaging my money..so i'll pick the important wants i.e,needs and deal with the rest later and i always follow my scale/list...
i think i am still learning and do not have such a good experience in managing my money, i think it need some good time to think about and manage that how to spend my money and not to waste it.
I divide any money that I have. I set the portion of each requirement. with it we can more wisely where things are important.
with the division we can see any expenses that we do. frugality is the best thing.
were the same thing i divided my monet too in trading and investing but sometimes the profit i earn is im going to save it thru bank to save it from gambling and i always set a goal whenever i earn bitcoins from signature campaign i always use my bitcoin in wisely way because this is so much important with the division we can see any expenses that we do. frugality is the best thing.
I have always been thought from a young age how to handle and manage money cause in our world that's a very essential life skill.
So i'd like to think I am doing alright managing my own money always.
So i'd like to think I am doing alright managing my own money always.
I am pretty good at managing my money if I have to say it myself, the thing is that you just have to save money every time you earn even if it is not much.
believe me in the long run you can end up with a huge amount of money if you keep saving.
basically if you want to manage your money should be able to adjust your expenses and your income. manages the problem of bitcoin. you do not need to join a site if it were risky / will reduce the amount of your bitcoin. focus on what you want to get bitcoin, and what you do after receiving bitcoin believe me in the long run you can end up with a huge amount of money if you keep saving.
I am pretty good at managing my money if I have to say it myself, the thing is that you just have to save money every time you earn even if it is not much.
believe me in the long run you can end up with a huge amount of money if you keep saving.
believe me in the long run you can end up with a huge amount of money if you keep saving.
I always try my best to do my best in managing my money but since I am always a bit behind on my goals regarding amount of money I want to have, i get frustrated and I have got the feeling that i am not really doing a good job at managing it. and this is actually a very important part of life.
I always split my money mainly revenue from bitcoin. I use it mostly for trade and partly for my hold until prices rise. It will be able to make the money I save into more. Sometimes I also use it to gamble, but it was not often.
Well, managing my money is not something I am only good at but also great at and I take pleasure in it. Without even reading any major book or famous author quote about money. I only keep to basic rule I design for myself which is whatever will happen, to go broke, and the second one which is your expenses in relation to your income will make you broke soon then look for other means to increase your income as soon as possible so as not to fail rule 1.
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 very bad in managing my money. I always spend my money unwisely and because of that, most of my money drain away in about a week after i receive my salary. So right now i am learning bout how to keep my money in my pocket unchanged.how do you spend your money?
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 very bad in managing my money. I always spend my money unwisely and because of that, most of my money drain away in about a week after i receive my salary. So right now i am learning bout how to keep my money in my pocket unchanged. how do you spend your money?
As much as possible, I don't adjust my spending whenever I receive an annual merit increase in my salary. I try to maintain what I spend on so that I could allot a bigger part for savings and investments. With the bonuses just around the corner, I make it a point to save as much as half of those bonuses and the rest I'll spend to buy gifts and new stuff as reward for the year that I worked hard.
I always split my money mainly revenue from bitcoin. I use it mostly for trade and partly for my hold until prices rise. It will be able to make the money I save into more. Sometimes I also use it to gamble, but it was not often.
It is just fine to gamble but for the sake of entertainment only, it is a good way to enjoy for a while after a tiring day of working here online and in our day job, really hard to reach your goal of a comfortable life if we do not learn how to manage our income properly.
I always split my money mainly revenue from bitcoin. I use it mostly for trade and partly for my hold until prices rise. It will be able to make the money I save into more. Sometimes I also use it to gamble, but it was not often.
Managing money is really a tough work for anybody who earn limited amount just enough for their normal living. And ocassional parting, tour, aniversery, gifts add up more expenses which will empty all bank deposits which you are trying to save. I am under this category so i am not good or i haven't done any significant saving till now.
So I want to advice you that before you are going to spend your money make sure that you are going to use that for your priorities. And don't ever buy the things that you don't need and don't buy the things that you only want. Because if you are going to do that possibly is that you are going to have problem with you financially.
That is very general advice. When you have some bitcoin, it is better to save most of the coins.
It is general advice but some could not do it. Saving a lot of it gave me the chills of what ifs and some questions that makes me scared to the fact that it might gone wrong any minute. Then what? Everything will just be regrets.
Yes don't forget to keep on saving if you have bitcoins and besides if you are going to keep on saving in bitcoins you are also investing with it.
And when the price increases what is happening is that you are able to get good profit so saving is also required to be a good manager of your money because that is going to help you in the future.
I've downloaded a lot of free ebooks about money management. I read them but, I should always get reminded about spending it's like before you wake up in the morning you need to be reminded. We need it in our lives but I have to admit that I'm not really good at money management, but I'm learning my lesson, it's not too late for me at all. To be able to reach our goals and dreams we need a good money management.
Exactly, without a proper management plan your money will just finish in a way that you will feel like they were gone without doing anything for you, just because you have not spent them with discipline, and financial management is good for your savings as well.
I've downloaded a lot of free ebooks about money management. I read them but, I should always get reminded about spending it's like before you wake up in the morning you need to be reminded. We need it in our lives but I have to admit that I'm not really good at money management, but I'm learning my lesson, it's not too late for me at all. To be able to reach our goals and dreams we need a good money management.
I also sometimes difficult to manage finances, sometimes can be too extravagant. This is probably because of the effects I can get a lot of money from bitcoin, so think it's easy to make so it is easy also to spend. I realize this is bad, but I still did it and maybe I should really learn about managing finances well.
I've downloaded a lot of free ebooks about money management. I read them but, I should always get reminded about spending it's like before you wake up in the morning you need to be reminded. We need it in our lives but I have to admit that I'm not really good at money management, but I'm learning my lesson, it's not too late for me at all. To be able to reach our goals and dreams we need a good money management.
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