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Topic: How good are you at managing your money - page 42. (Read 51575 times)

hero member
Activity: 994
Merit: 1000
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I am very poor in money management, and always find myself spending my coins right after I get them.
I have brought a few books about money management and currently understanding what's written in them and how can I apply that in my life. Cheesy
legendary
Activity: 1106
Merit: 1000
Let's say that managing in & out funds well is the first golden rule. Not to spend more than one's have is the first step.
Then planning a budget is also useful.
Next step is to set up goals, like saving $ 50 this week, $ 75 the next one.

I mean then it really depends upon anyone's circumstances but this is a pretty good start IMHO
I think that is a great plan in savings, very conservative and I am pretty sure anyone who is earning here in a daily basis would be able to follow managing plan.
legendary
Activity: 2310
Merit: 1422
Let's say that managing in & out funds well is the first golden rule. Not to spend more than one's have is the first step.
Then planning a budget is also useful.
Next step is to set up goals, like saving $ 50 this week, $ 75 the next one.

I mean then it really depends upon anyone's circumstances but this is a pretty good start IMHO
legendary
Activity: 3248
Merit: 1160
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For the bitcoin, there is no need to manage it. I just buy, hold and use it. I have done this for a few years.
That is the simplest way to make money in bitcoins, simple as buy and hold. The more you hold the more chances you will earn as long as the price will favor on us investors.
full member
Activity: 214
Merit: 100
For the bitcoin, there is no need to manage it. I just buy, hold and use it. I have done this for a few years.
hero member
Activity: 770
Merit: 500
Bazinga!
i haven't been so good at managing my money so far but i have been trying so hard for a while now in order to get better at it. i am taking notes and monitoring all my expenses and earnings to have a better management on my money so i hope i am more successful in the future.
legendary
Activity: 3374
Merit: 2198
I stand with Ukraine.
I feel like im pretty good at managing at my money. i save alot and only spend on my needs and barely any on my wants. the money i keep in btc is the money i dont rely on for the quality of my living.  Cool

Good for you! I can't say the same thing about myself. Sometimes I spend more than I should on things which are not necessary to buy. I still don't know how plan my budget and I have a feeling that I will never be able to do it properly.
legendary
Activity: 1218
Merit: 1000
I feel like im pretty good at managing at my money. i save alot and only spend on my needs and barely any on my wants. the money i keep in btc is the money i dont rely on for the quality of my living.  Cool
Well, I guess it was a pretty good way. I guess I also managing my money like that, but I also made in the form of bitcoin, because it may be the price of bitcoin will increase with height and made me add my money   Grin
hero member
Activity: 756
Merit: 500
I feel like im pretty good at managing at my money. i save alot and only spend on my needs and barely any on my wants. the money i keep in btc is the money i dont rely on for the quality of my living.  Cool
full member
Activity: 214
Merit: 100
For the fiat, I just buy some bonds and save them for the long term. It is more secure than buying stocks.
legendary
Activity: 3318
Merit: 1133
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I am very bad when it comes to keeping what more in managing.  Grin When I have money in my hands it is easy for me to spend it or gamble it. That is why whenever I get big amounts I would rather change it to fiat than for it to go to something else.
hero member
Activity: 3010
Merit: 666
I'm bad with mine  Cry Cry Cry (cars, girls & restaurants).

But very good with other's money (because i earn from mamaging money Smiley Smiley Smiley )
I think that I am pretty decent in managing money but I have had some trouble I the past with it because every time I would get paid I was spending my money.
You always need to save a percentage of every earning that you get, that is the best to save money.

If you are a spender you will never gonna be rich, we need to instill discipline in our mind to be able to succeed in managing our money properly, surely there are many tempting things to buy outside but if you are discipline enough you can conquer the temptation.
sr. member
Activity: 462
Merit: 250
I'm bad with mine  Cry Cry Cry (cars, girls & restaurants).

But very good with other's money (because i earn from mamaging money Smiley Smiley Smiley )
I think that I am pretty decent in managing money but I have had some trouble I the past with it because every time I would get paid I was spending my money.
You always need to save a percentage of every earning that you get, that is the best to save money.
sr. member
Activity: 364
Merit: 250
I'm not good at managing my money, but I must say its lately going well with managing my money all the time.
I think that its nice to manage your money on a right now, you really have to do it on a good and safe way.
hero member
Activity: 658
Merit: 500
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 not that good in spending money because I like to spend it and buy new things for my self, I know that that is not good but that is who I am.
I need to manage my money a little bit better.
well i guess all the people like to spend their bitcoins and buy a lot of stuff, i manage my money pretty good even though im buying some things for me from time to time so i dont need anyone to help me
hero member
Activity: 994
Merit: 502
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 not that good in spending money because I like to spend it and buy new things for my self, I know that that is not good but that is who I am.
I need to manage my money a little bit better.
I will manage my money in a good manner, I keep saving certain amount every month and the rest I will spend for my family.
full member
Activity: 210
Merit: 100
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I'm pretty bad at it and I don't make as much as I used to.   But I don't have credit cards so I don't live beyond my means.  I guess I'm not as bad as I used to be.
I am pretty good at managing money even if I have to say it my self. They way I manage money is by putting a cap on how much I can spend per week. If I manage do to this I fur sure will save money.

I am also good at managing my money and i dont spend extra or on things which are not absolutely necessary. but sometimes spending money cannot be controlled. you never know when you need money in emergency situation like you become ill and need to pay high doctors fee. We never put such expenses while preparing our budget and hence all our saving and plans can be ruin by unexpected spendings.
I too may say that I am not really good at managing my own money I also have some times that I need to borrow due to some emergency which it makes it hard for me to handle. The only thing that comes to me whenever my payday is coming up is to plan them make a list of what are the things that I have to consider to spend. On that list will also include my budget for the whole 2 weeks of work expenses up to where the upcoming next salary will be reach. This actually helps and think only of the things that I need to buy to survive.
sr. member
Activity: 434
Merit: 250
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 not that good in spending money because I like to spend it and buy new things for my self, I know that that is not good but that is who I am.
I need to manage my money a little bit better.
sr. member
Activity: 275
Merit: 250
I am also not good in managing money and I am not ashamed to admit this. I can also be like others that spend all the way the money that I earned from here. Well what I am doing from the money that I earned from bitcoin is I used this for me to come to work and it is always been like that. Bitcoin actually help me a lot during short times before my next period of salary comes. It is always been my rescuing money during shortage of salary. Well as all of you can imagine how bitcoin inspires me a lot to continue posting while I am doing work and it is always been a blessing.
If i am saying it by my self i am very good in managing with my money and off course also with my bitcoins i am in the bitcoin now for 2 years
does not mean that i want to quit now becasue i have allot of bitcoins but i want to sell them/.
sr. member
Activity: 420
Merit: 250
I guess the best way of managing the money you have is to split 60-40. the point is you save 60% of the money you get and 40% gunaka you for your need, it's probably a very good way
good strategy for saving money  Grin if he can't save his whole money maybe he can spend 60 or 40% of his money and save the other ones for his family and relatives or for his study.
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