How good are you at managing your money - page 26.

Schuyler

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Quote from: TastyChillySauce00 on September 15, 2016, 07:00:41 AM

Quote from: traderbit on September 15, 2016, 06:54:32 AM

Quote from: leakingnoseee on September 14, 2016, 01:00:53 PM

I never run out of money so i think i manage my money pretty well

well, I don't think if you are not ran out of money ever it means you are a good manager and managing your money well(may be you are.
you may have a lot of money thats why you are not run out of manager.
good manager is the person who manage his monthly needs in less amount of money. and still safe some of them.

haha that's true that never run out of money doesn't mean someone good at managing,i guess he's loaded with tons of money or he's actually a rich boy that every his needs already fulfilled,if you want to test whether you're good at managing money or not,try to live with 50% of your salary in 6 months

And it is not enough that you don't run out of money. What if one day an emergency happens? Maybe you have enough for your day to day living, but when unforeseen events that require you to use a huge amount of cash comes, you might find yourself with less than what you thought you have.

TastyChillySauce00

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Quote from: traderbit on September 15, 2016, 06:54:32 AM

Quote from: leakingnoseee on September 14, 2016, 01:00:53 PM

I never run out of money so i think i manage my money pretty well

well, I don't think if you are not ran out of money ever it means you are a good manager and managing your money well(may be you are.
you may have a lot of money thats why you are not run out of manager.
good manager is the person who manage his monthly needs in less amount of money. and still safe some of them.

haha that's true that never run out of money doesn't mean someone good at managing,i guess he's loaded with tons of money or he's actually a rich boy that every his needs already fulfilled,if you want to test whether you're good at managing money or not,try to live with 50% of your salary in 6 months

traderbit

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Quote from: leakingnoseee on September 14, 2016, 01:00:53 PM

I never run out of money so i think i manage my money pretty well

well, I don't think if you are not ran out of money ever it means you are a good manager and managing your money well(may be you are.
you may have a lot of money thats why you are not run out of manager.
good manager is the person who manage his monthly needs in less amount of money. and still safe some of them.

praprata

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Quote from: trickshot22 on August 17, 2016, 08:05:14 AM

Quote from: BlackPanda on August 17, 2016, 07:08:49 AM

honestly I was the one who was not good at managing finances. however I feel happy, because I can still manage the expenditure to be less than income. it helps me save a little money to save each month.

im not too good about it still, i sometimes dont manage to make enough money for the things i want to buy though im still learning

But money managing is not about making the money you want to buy stuff with it's about preserving money and managing the money you actually have. Which is quite easy if you make a budget and can oversee all your monthly costs trough 1 sheet.

bamboylee

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Quote from: subhiii on September 15, 2016, 04:19:50 AM

actually i'm not good at managing my money as a student i can't stop myself from making an expenses . and also when i get hungry i can't stop myself on spending for the food i wanted to eat Grin Grin i want to save money but i don't want to suffer from starvation and craving for foods . haha

Food is basic necessity and you cannot deprive yourself with it. But you can better manage your money by choosing the cheaper but healthy foods to eat. But if you eat expensive and unhealthy foods, then you are guilty of mismanaging your money.

hawkins

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honestly, I currently very difficult to organize my financial. if I think, I do not need much secondary purposes purposes, however, the money I get from bitcoin always exhausted because of it. Initially I always underestimate it, but I guess now I'll start thinking about how to set up a good financial

subhiii

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actually i'm not good at managing my money as a student i can't stop myself from making an expenses . and also when i get hungry i can't stop myself on spending for the food i wanted to eat Grin Grin i want to save money but i don't want to suffer from starvation and craving for foods . haha

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Quote from: 8Habits on September 15, 2016, 01:59:16 AM

Quote from: goinmerry on September 15, 2016, 01:13:48 AM

Quote from: leakingnoseee on September 14, 2016, 01:00:53 PM

I never run out of money so i think i manage my money pretty well

There are people who run out of money because of too much managing it. Dividing the money to different expenses makes you a good one. Investment, daily necessities, bills and more to pay, this thing should fall in the budget but will never get short. Sometimes they forget their own expense that is why they run out of money.

When you are good at managing and recording your budget and strictly following it for awhile already, I don't think so that you will still be short with your money. Unless that there is some big emergency that your emergency budget is not capable of shouldering that. Otherwise, your money flow will be smoother from time to time when you have that strict budget implementation.

I think that should go together because even how good is your plan but you lack on the implementation side you will not succeed in managing your money, regardless on how much money we are making we need to learn how to manage it properly.

8Habits

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Quote from: goinmerry on September 15, 2016, 01:13:48 AM

Quote from: leakingnoseee on September 14, 2016, 01:00:53 PM

I never run out of money so i think i manage my money pretty well

There are people who run out of money because of too much managing it. Dividing the money to different expenses makes you a good one. Investment, daily necessities, bills and more to pay, this thing should fall in the budget but will never get short. Sometimes they forget their own expense that is why they run out of money.

When you are good at managing and recording your budget and strictly following it for awhile already, I don't think so that you will still be short with your money. Unless that there is some big emergency that your emergency budget is not capable of shouldering that. Otherwise, your money flow will be smoother from time to time when you have that strict budget implementation.

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Quote from: Docnaster on September 15, 2016, 01:20:26 AM

Im good at managing my money when it comes in business because i don't want too , to become bankrupt my business and i dont' think that my company lives for long when there are no buyers and users who are buying with my product. I love saving money to use it when i need it in terms of needs.

That's a proof that you are good in managing your money, you have a business that never fade and never have a problem and at the same time you are working at a company and you have a perspective... In short you are prepared whatever happen to both source of your bread and butter... I think that's a good key for you to have an easy life...

Docnaster

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Im good at managing my money when it comes in business because i don't want too , to become bankrupt my business and i dont' think that my company lives for long when there are no buyers and users who are buying with my product. I love saving money to use it when i need it in terms of needs.

goinmerry

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Quote from: leakingnoseee on September 14, 2016, 01:00:53 PM

I never run out of money so i think i manage my money pretty well

There are people who run out of money because of too much managing it. Dividing the money to different expenses makes you a good one. Investment, daily necessities, bills and more to pay, this thing should fall in the budget but will never get short. Sometimes they forget their own expense that is why they run out of money.

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Quote from: socks435 on September 14, 2016, 01:18:19 PM

Quote from: serjent05 on September 14, 2016, 12:29:01 PM

Quote from: bamboylee on September 14, 2016, 11:52:36 AM

Quote from: traderbit on September 13, 2016, 07:09:43 PM

Don't know what to say about this because everyone should be a mini-economist about his own money and try to manage as well as he can, I try to manage the best I can and I always leave a small amount to help anyone and have tried also here in forum which was misused but this does not make me mad and bad to help others.

Not everyone can manage their finance well. Most of us are one day millionaires. Once we received our salary we immediately spend them on unnecessary things like cellphones and eating out on expensive restaurants or spend our money on clothes and partying. We should be mini economist in theory but in reality, we are mega spenders.

I agree i have problem with managing my finance too. I am the one that they say one day millionaire even if my salary is just enough for my monthly expenses. So for that i give my salary to my mum and let her manage it for me. I'll just ask for an allowance so i wont be overspending too much.

For now my mother is in province i just live here with my wife with 3 kids but the problem my wife is not good in managing our money we are always fighting because of her addiction in gambling online.. i am the only one who managing our money but still now i can not save more.. and my goal it takes a long time before i can reach it.

it was really bad a wife can be addicted to online gambling, it should be as a mother is more concerned with the money for the kids.
but probably only you that can change everything. I myself even still a little wasteful in managing finances, although I have not married. because you know that young people are very happy to play and spend money.

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Quote from: leakingnoseee on September 14, 2016, 01:00:53 PM

I never run out of money so i think i manage my money pretty well

that does not mean that you manage your money that well i guess, because you might just have a lot of money i think so you would never run out of it even in a longer run if you spend your money on the things you do not need so that is not the thing that shows your skills at managing money

i think that you can manage your money if you have a limited supply of it and you still manage to live a decent life even in the situations when you need a lot of money, that would mean that you know what to do with the money

im neither good nor bad at it, i have never had a situation in which i would be in desperate need for money, so i think it is hard to predict what would be the outcome for that, i think that i wouldnt have too much problems though hopefully

socks435

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Quote from: serjent05 on September 14, 2016, 12:29:01 PM

Quote from: bamboylee on September 14, 2016, 11:52:36 AM

Quote from: traderbit on September 13, 2016, 07:09:43 PM

Don't know what to say about this because everyone should be a mini-economist about his own money and try to manage as well as he can, I try to manage the best I can and I always leave a small amount to help anyone and have tried also here in forum which was misused but this does not make me mad and bad to help others.

Not everyone can manage their finance well. Most of us are one day millionaires. Once we received our salary we immediately spend them on unnecessary things like cellphones and eating out on expensive restaurants or spend our money on clothes and partying. We should be mini economist in theory but in reality, we are mega spenders.

I agree i have problem with managing my finance too. I am the one that they say one day millionaire even if my salary is just enough for my monthly expenses. So for that i give my salary to my mum and let her manage it for me. I'll just ask for an allowance so i wont be overspending too much.

For now my mother is in province i just live here with my wife with 3 kids but the problem my wife is not good in managing our money we are always fighting because of her addiction in gambling online.. i am the only one who managing our money but still now i can not save more.. and my goal it takes a long time before i can reach it.

Ayers

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Quote from: leakingnoseee on September 14, 2016, 01:00:53 PM

I never run out of money so i think i manage my money pretty well

maybe you just have a tons of money, and this do not mean at all that you are good at managing it lol, it just mean that you are rich as fuck

leakingnoseee

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I never run out of money so i think i manage my money pretty well

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Quote from: bamboylee on September 14, 2016, 11:52:36 AM

Quote from: traderbit on September 13, 2016, 07:09:43 PM

Don't know what to say about this because everyone should be a mini-economist about his own money and try to manage as well as he can, I try to manage the best I can and I always leave a small amount to help anyone and have tried also here in forum which was misused but this does not make me mad and bad to help others.

Not everyone can manage their finance well. Most of us are one day millionaires. Once we received our salary we immediately spend them on unnecessary things like cellphones and eating out on expensive restaurants or spend our money on clothes and partying. We should be mini economist in theory but in reality, we are mega spenders.

I agree i have problem with managing my finance too. I am the one that they say one day millionaire even if my salary is just enough for my monthly expenses. So for that i give my salary to my mum and let her manage it for me. I'll just ask for an allowance so i wont be overspending too much.

bamboylee

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Quote from: traderbit on September 13, 2016, 07:09:43 PM

Don't know what to say about this because everyone should be a mini-economist about his own money and try to manage as well as he can, I try to manage the best I can and I always leave a small amount to help anyone and have tried also here in forum which was misused but this does not make me mad and bad to help others.

Not everyone can manage their finance well. Most of us are one day millionaires. Once we received our salary we immediately spend them on unnecessary things like cellphones and eating out on expensive restaurants or spend our money on clothes and partying. We should be mini economist in theory but in reality, we are mega spenders.

traderbit

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Don't know what to say about this because everyone should be a mini-economist about his own money and try to manage as well as he can, I try to manage the best I can and I always leave a small amount to help anyone and have tried also here in forum which was misused but this does not make me mad and bad to help others.

Topic: How good are you at managing your money - page 26. (Read 51545 times)