How good are you at managing your money - page 30.

8Habits

sr. member

Activity: 756

Merit: 294

Quote from: Yakamoto on August 21, 2016, 11:26:15 PM

I personally think that I am pretty good at managing my money, based on my knowledge of what I have in the bank and what I have been bringing in over the past few months. I'm not financially dependent on anything or anyone, and I have some money in the bank that I can play around with a bit on top of my savings, although I'm not sure if I have any interest in doing anything like that. I'm always trying to earn a bit more on the side because I don't have that much, but so far the budgeting and everything that I've been doing has seemingly gone well.

I'm happy to hear that. knowing how to control cashflow is the key to good money management. The cashflow must flow towards assets and not towards liabilities and unnecessary expenses. Expenses on bills, foods, shelter, and other basic needs are necessary. When most of our cashflow are towards assets column, we will reap a good harvest in the future.

ImHacked

full member

Activity: 231

Merit: 100

Before I was like anybody that did not see the value of hard earned money. I would buy things that are not really necessary. I would buy a lot of foods to feed my family every weekend which is not really a good idea. I have worked for almost ten years now but I do not have any savings account. I am really bad at it. But thankfully, now I may say that I am ready to earn more money and manage it very well. I now know ho to handle and use it.

Yakamoto

legendary

Activity: 1218

Merit: 1007

I personally think that I am pretty good at managing my money, based on my knowledge of what I have in the bank and what I have been bringing in over the past few months. I'm not financially dependent on anything or anyone, and I have some money in the bank that I can play around with a bit on top of my savings, although I'm not sure if I have any interest in doing anything like that. I'm always trying to earn a bit more on the side because I don't have that much, but so far the budgeting and everything that I've been doing has seemingly gone well.

Maslate

hero member

Activity: 2954

Merit: 672

Message @Hhampuz if you are looking for a CM!

Quote from: Indrawan77 on August 21, 2016, 10:16:45 PM

Not really good my financial management, when i earn or gor more money then i tend to spend it on more xepensive stuff, that is why everytime i got my salary i always separate 10% of my salary and then save it for the emergency usage and i make commitment that not going to touch it unless its really emergency

Actually, the amount you are saving from your salary is not really that big so I think you can still manage to save but once you can minimize your expenses you will be able to save more and that is good so you can prepare for the future.

Mr. Big

global moderator

Activity: 2324

Merit: 1179

While my guitar gently weeps!!!

Quote from: Betwrong on August 21, 2016, 02:00:55 PM

Since I don't have much money I'm pretty good at managing what I have. Around a half goes for paying bills and the other half for buying food, clothes etc. I don't have any debts and that's what I'm happy about.

I am doing the same way, I also have just enough money but most of the time I divided it to all my expenses and just left a few for savings, but I too is happy because I don't want to have a debt, I really don't like to borrow money, it's easy to sleep at night if you don't have to think about those debts that you have.. Just be contented of what you have...

Quote from: bitbunnny on August 21, 2016, 03:04:35 PM

Before I was much more successful with managing my money. At the moment I'm not very goodw with it due to some unhappy circumstances that have happened in my life. Hope I will soon get back on the track.

It's alright, it really happens and you cannot avoid that...With that, you can test your ability on how good you are at managing your money...

Quote from: Indrawan77 on August 21, 2016, 10:16:45 PM

Not really good my financial management, when i earn or gor more money then i tend to spend it on more xepensive stuff, that is why everytime i got my salary i always separate 10% of my salary and then save it for the emergency usage and i make commitment that not going to touch it unless its really emergency

You can work it out... I myself, as much as possible I don't buy new stuffs, my shoes if it is still repairable I still use it, in short, it is your lifestyle that you have to change if you can't save or your salary just pass by your hand... Cheesy

Indrawan77

hero member

Activity: 1274

Merit: 516

Not really good my financial management, when i earn or gor more money then i tend to spend it on more xepensive stuff, that is why everytime i got my salary i always separate 10% of my salary and then save it for the emergency usage and i make commitment that not going to touch it unless its really emergency

Ziskinberg

hero member

Activity: 3010

Merit: 666

Quote from: GamingBro on August 21, 2016, 04:42:39 PM

I'm good on it and also i'm very attentive and have good experience on it, i can easily avoid scammers and other illegal stuff and also can make good investments.

I am glad you belong to the people who can manage their finances well, I know some are big spenders and in the end they cannot save a good amount of money and will resort to borrowing money in times of desperate situation.

denarian

newbie

Activity: 43

Merit: 0

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?

when I get bitcoin, I convert it to fiat first, then I save it because I'm buying books that I have to pay each month. but if I have paid all those books, probably I would save my bitcoin without converting it.

recently I'm trying to be economical. I'm trying to buy stuff I need only, and don't buy stuff I want but I don't need. beside that, I also walk to some place rather than using transportation. then I will save extra money I have.

GamingBro

sr. member

Activity: 434

Merit: 251

I'm good on it and also i'm very attentive and have good experience on it, i can easily avoid scammers and other illegal stuff and also can make good investments.

bitbunnny

legendary

Activity: 2912

Merit: 1068

WOLF.BET - Provably Fair Crypto Casino

Before I was much more successful with managing my money. At the moment I'm not very goodw with it due to some unhappy circumstances that have happened in my life. Hope I will soon get back on the track.

Betwrong

legendary

Activity: 3374

Merit: 2198

I stand with Ukraine.

Since I don't have much money I'm pretty good at managing what I have. Around a half goes for paying bills and the other half for buying food, clothes etc. I don't have any debts and that's what I'm happy about.

lexuz

hero member

Activity: 714

Merit: 500

Me, myself and I

Quote from: Mastsetad on August 21, 2016, 02:43:14 AM

Quote from: RobFre on August 20, 2016, 05:59:57 AM

I am really, really, really bad. I tend to spend money for EVERYTHING I like so I adopted this strategy: I keep only a tiny bit of the money I get and i keep the other part in a safe box. My self control is good enough to don't use them lol.

If someone has self-control then it wont be a problem for him because if he keeps an amount in a safe place and if he has self-control then he wont take them out for spending them as well without any emergency or such a situation.

I think self-control are really hard to be applied in life, desire with something stuff/pleasure has made us spent a lot of money in the form of bitcoin or fiat.

coin_gambler

sr. member

Activity: 462

Merit: 250

CryptoTalk.Org - Get Paid for every Post!

Quote from: SmartIphone on August 20, 2016, 09:37:10 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?

The human spends money as much as he has and if he can so basically I don't spend too much money so I can mange them better.
Don't spend on things that you don't need, on things that are luxury, save more bitcoin.

i dont spend as much money as i have or i can because i like saving money up at the moment as it allows me to buy anything i want

BitMaxz

legendary

Activity: 3374

Merit: 3095

Playbet.io - Crypto Casino and Sportsbook

Quote from: SmartIphone on August 20, 2016, 09:37:10 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?

The human spends money as much as he has and if he can so basically I don't spend too much money so I can mange them better.
Don't spend on things that you don't need, on things that are luxury, save more bitcoin.

Yeah right its always the best to save if you receive your salary for your job or here in bitcoin if you have a plan for your future savings is the best to do.
Spend it wise if you want to increase the amount of your bitcoin find a way to increase. Note don't invest in investment site all of them are full of promises and they are all scam no free money in online it needs hard work..

Mastsetad

sr. member

Activity: 672

Merit: 250

Quote from: RobFre on August 20, 2016, 05:59:57 AM

I am really, really, really bad. I tend to spend money for EVERYTHING I like so I adopted this strategy: I keep only a tiny bit of the money I get and i keep the other part in a safe box. My self control is good enough to don't use them lol.

If someone has self-control then it wont be a problem for him because if he keeps an amount in a safe place and if he has self-control then he wont take them out for spending them as well without any emergency or such a situation.

SmartIphone

legendary

Activity: 1204

Merit: 1000

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?

The human spends money as much as he has and if he can so basically I don't spend too much money so I can mange them better.
Don't spend on things that you don't need, on things that are luxury, save more bitcoin.

bamboylee

hero member

Activity: 1148

Merit: 504

Quote from: ?? on ??

Quote from: BlackPanda on August 17, 2016, 06:08:49 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.

well im still not too good at it, to be honest i often lose my money on gambling games, though i get a lot of entertainment playing that

Not good priorities. You should learn how to manage your finances. It is a very important aspect of life. Even if you are earning big, or you find gambling very amusing, do not squander all your money in it. Learn to save for your future while you are still strong and can work. If time comes you cannot work anymore, you have some savings to help you get thru life.

Ziskinberg

hero member

Activity: 3010

Merit: 666

Quote from: RobFre on August 20, 2016, 05:59:57 AM

I am really, really, really bad. I tend to spend money for EVERYTHING I like so I adopted this strategy: I keep only a tiny bit of the money I get and i keep the other part in a safe box. My self control is good enough to don't use them lol.

Just put enough in the safe box, an amount that you can use in the future for you investment or your plans to spend for leisure and most importantly is the money for emergencies.

RobFre

full member

Activity: 172

Merit: 100

I am really, really, really bad. I tend to spend money for EVERYTHING I like so I adopted this strategy: I keep only a tiny bit of the money I get and i keep the other part in a safe box. My self control is good enough to don't use them lol.

Zooplus

legendary

Activity: 1106

Merit: 1000

Quote from: fireball4 on August 19, 2016, 11:40:13 AM

Quote from: ?? on ??

Quote from: BlackPanda on August 17, 2016, 06:08:49 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.

well im still not too good at it, to be honest i often lose my money on gambling games, though i get a lot of entertainment playing that

yeah im not good at it at all either, though i never experience any bigger issues because of that, i hope that i will get better in the future

Learning is very important as savings is the first key to your success, without savings you will have no chance to invest and that saving would prove if you can discipline your self to save base on the amount of your desired, if you can do that, you have a good chance to succeed.

Topic: How good are you at managing your money - page 30. (Read 51575 times)