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Topic: How good are you at managing your money - page 52. (Read 51575 times)

hero member
Activity: 3010
Merit: 666
pretty bad because i'm not discipline and have bad habit during managing my money because everytime i get money i had always spend it for things that are not necessary but i wish in the future i can learn and committed will never use my money to buy unecessary things
It all starts with you, you must have a proper budgeting so you can manage your money properly, the budgeting method can be search and found in the internet in terms of your preference. The most important thing to do that is you need to be discipline by sticking to your budget no matter what happen.
legendary
Activity: 980
Merit: 1000
pretty bad because i'm not discipline and have bad habit during managing my money because everytime i get money i had always spend it for things that are not necessary but i wish in the future i can learn and committed will never use my money to buy unecessary things
legendary
Activity: 1806
Merit: 1024
I'd say (claim) that I'm pretty good at managing my money. I consider myself a rather thrifty person. I know what my basic necessities are and after fulfilling them I generally feel satisfied without feeling a crave for consumerism.

I don't earn / own much (neither fiat nor Bitcoin). But I'm happy the way it is. I'm free of any debt. That's a lot better than many people I know.

Money can't buy happiness. But holding on to Bitcoin for a few years will not make you sad either... Smiley

ya.ya.yo!
sr. member
Activity: 336
Merit: 250
Bravity is beautiful.
i am decent at managing my money and i have started learning the money management from my early age so that helps a lot too. and it is not so hard either. just spend on things that are required in your life for a while and try to pay your debts first. you can also keep a track of what you spend and what you earn.
it is a good thing if you're used to save your money from you were young surely you will be easier to save money and not too extravagant as you've been trained to save from the young.
yeah not to be wasteful of course you have to buy the items you need only distinguish between goods desires with items that you need
The most important to manage your money is that you have also to save some money for later and that is important otherwise you will not have money later.
And that is really bad if that happens but to earn money than you need to make an investment I think.
hero member
Activity: 3010
Merit: 666
With me it really depends, sometimes I can just live pretty cheap and save up a bunch of funds, but during vacations I usually end up spending more than I originally planned to spend.

I think it might be an option to put your savings into an account to which you don't have access for, say, a year or so.
You must be referring to a time deposit savings, that is good because with that putting your money in the bank will give you a good interest. Let's not talk about bitcoins because I will feel guilty not recommending it as it gives us more interest than putting your money in the bank, the difference is the bank has an insurance to cover our deposits while putting our money in the bitcoin wallet has none. It's up to you, but please be discipline when it comes to money management.
legendary
Activity: 1792
Merit: 1283
With me it really depends, sometimes I can just live pretty cheap and save up a bunch of funds, but during vacations I usually end up spending more than I originally planned to spend.

I think it might be an option to put your savings into an account to which you don't have access for, say, a year or so.
sr. member
Activity: 364
Merit: 250
I am not that good in managing money and I need to be way better at it so I can save more money. Managing money is a pretty hard job especially when you do not make that much money but I try to do my best as much a possible. 
hero member
Activity: 3010
Merit: 666
In managing your money properly, you need to treat yourself as you are having a business. Keep track of your receipts and disbursements, follow always you budgeting. Set aside for emergency funds, leisure, and the most important thing is set for savings.

Agree and will like just to add that also treats your money managing goal seriously.

Even with proper strategy if people are not serious doing this kind of thing, it will be totally useless.

Also found multiple source of income to make it more effective like doing business, investment or finding a real life job with decent salary.
Having a goal with your money earned it good, that's the best way to treat you money. With that you need to devise a plan on how to manage it properly, you money must be divided into different budgeting, set up a portion for you savings (future investments and emergencies), and for leisure ( travel to have a good time, buy for gadgets ). This budgeting plan should be followed no matter what to reach you goal.
legendary
Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
In managing your money properly, you need to treat yourself as you are having a business. Keep track of your receipts and disbursements, follow always you budgeting. Set aside for emergency funds, leisure, and the most important thing is set for savings.

Agree and will like just to add that also treats your money managing goal seriously.

Even with proper strategy if people are not serious doing this kind of thing, it will be totally useless.

Also found multiple source of income to make it more effective like doing business, investment or finding a real life job with decent salary.
legendary
Activity: 1106
Merit: 1000
In managing your money properly, you need to treat yourself as you are having a business. Keep track of your receipts and disbursements, follow always you budgeting. Set aside for emergency funds, leisure, and the most important thing is set for savings.
legendary
Activity: 966
Merit: 1042
I'm great at money management. Pay yourself first. Invest while you're young. Invest $25 a paycheck and never touch it until retirement. People don't seem to grasp it, but this is how you become well off in your 'golden years'.
hero member
Activity: 518
Merit: 500
i am decent at managing my money and i have started learning the money management from my early age so that helps a lot too. and it is not so hard either. just spend on things that are required in your life for a while and try to pay your debts first. you can also keep a track of what you spend and what you earn.
it is a good thing if you're used to save your money from you were young surely you will be easier to save money and not too extravagant as you've been trained to save from the young.
yeah not to be wasteful of course you have to buy the items you need only distinguish between goods desires with items that you need
sr. member
Activity: 313
Merit: 250
I'm pretty good with keeping money in a bank account that I don't really want to touch.
My checking I am not as good since I need to cut back on eating out lol
hero member
Activity: 966
Merit: 507
At this precise moment I am not interested in spending my coins. I am aware that there are some risks  of eventual falls in the current price of bitcoin, but I prefer to rely on the optimistic predictions positioning the bitcoin price around $10000, so I think I would be a fool spending my coins too cheap.
legendary
Activity: 1526
Merit: 1001
I'm not an economisst to manage well the money but i try to do my best, i spend money on what i need and save the rest. Since i'm not a married person it is not hard to mange the finances but things change when a person get married.
hero member
Activity: 518
Merit: 500
i confess honestly not very good in managing money because I am always tempted to buy something at the sight of the new stuff, so i need help to managing my money.
hero member
Activity: 950
Merit: 510
I try not to spend. I collect money and then collect the money. When more money, the better for me. I'm not a spender Grin
sr. member
Activity: 434
Merit: 251
I am terrible manager, i am wasting a lot of money everyday and don't think about tomorrow, i can't control myself and it's a pity.
legendary
Activity: 2968
Merit: 3406
Crypto Swap Exchange
Well it always depends on markets reaction to an extent. Usually when there's a down trend to BTCitcoin trend, I try to trade my earned BTCitcoins the soonest (to not risk further losing it's value) and when it's on a up trend, I do hold for longer period before I start to trade them. Since your with few thousand dollars in debt then you have to change your spending behavior drastically so you could keep on lessening the debt, in which requires proper planning. I would advise to acquire a financial adviser (I know you'll be ending up with a bit of added expenditure but it will be worth it since clearly, your doing something wrong with your money). What most people have in their nature, is to spend much more on luxuries rather than necessities, therefor they tend to end up on the debt side.
hero member
Activity: 658
Merit: 500
I am good when in terms of managing my money ,i spend and save it wisely ,i usually spend especially when i needed to buy something ,when in terms of saving i save my money as much as i can .and on investing i sually invest when i think that my money can grow on it.
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