A man who can have a specific daily budget is either single or living with his parent, As a family man who is married and responsible there is no way you can have the budget, you will keep spending money unexpectedly, and it's not easy to be a married man.
If you are married you need an extra source of income, that's the only way you can keep investing money in Bitcoin and also keep your family happy too, gou could have a budget as a married man but unexpected expenses will make it less effective.
Topic: What's is daily budgets or expenses as a bitcoiner? (Read 815 times)
Everyone has different life responsibilities, someone who is married and has more than three children may have to budget more funds for daily expenses.
There's this we called expenses and budget, like for instance we may set a budget that contains all our expenses meaning if we carefully draw our budgets carefully we may not fall into unnecessary expenses because we are trying to leave within the weekly or monthly budgets to eliminate much expenses.
Originally family are of different sizes and so is there budget, a budget is a specific amount that is kept for use and whenever such amount is being exhausted the additional money that comes out of your budget are likely to be termed expenses. Therefore any family that maintain within their monthly budget will never ran into unnecessary expenditures, that is why some families are always do not welcomed much visitors and friends in other not to incurred unwanted expenses in the family.
With this you can amicably manage your monthly and weekly budgets without any additional money being spent.
Everyone has different life responsibilities, someone who is married and has more than three children may have to budget more funds for daily expenses. Need to manage finances wisely to avoid economic difficulties that result in debt, income and expenses need to be balanced in order to maintain financial stability.
Behind the money spent needing savings for unexpected expenses, I always use the spending formula that must be lower than income. I always try to live a simple life with stable expenses every day, I save the rest as a reserve fund.
Your money management looks grounded in the fundamentals. Living below your means and saving for a rainy day isn enough. Use your money wisely. Why leave additional money? Consider using your money to your advantage.Behind the money spent needing savings for unexpected expenses, I always use the spending formula that must be lower than income. I always try to live a simple life with stable expenses every day, I save the rest as a reserve fund.
Investing is important. If chosen wisely, it can help your money grow quickly, offering you financial security today and in the future. Every business has dangers and requires careful consideration. Well-balanced portfolios reduce the risk of loss. This could improve your process!
Everyone has different life responsibilities, someone who is married and has more than three children may have to budget more funds for daily expenses. Need to manage finances wisely to avoid economic difficulties that result in debt, income and expenses need to be balanced in order to maintain financial stability.
Behind the money spent needing savings for unexpected expenses, I always use the spending formula that must be lower than income. I always try to live a simple life with stable expenses every day, I save the rest as a reserve fund.
Behind the money spent needing savings for unexpected expenses, I always use the spending formula that must be lower than income. I always try to live a simple life with stable expenses every day, I save the rest as a reserve fund.
I don't think I can do a daily budget, it's very different day to day, some day I will need to buy something that is very expensive, and someday I don't even buy food, because some neighbor are cooking and they give some to me. However, I usually do monthly budget that limit my expense, I live in small city in Indonesia so my monthly budget is not that much, I limit my monthly expense so it's not more $300 excluding bills.
Agree, budgeting for each day is extremely difficult, and we will never keep up because there will be things we do not anticipate. There's nothing better than a plan for each month, it's more manageable and less stressful.
$300 per month, does that mean you're unmarried and you're living alone? As a married man with children, I think such spending will not be enough even though we are both from 3rd world countries. I had kids, and my budget was almost double yours, and it wasn't easy.
I am not single, actually I am married with two kids, I want to emphasize here that I live in a small town in 3rd world country, not like the capital city. The minimum wage in my region is only $200 so with $300 I already have the budget for Movie Theater and eat out once a week. An average price for a portion of restaurant meal is only less than $3. And as I said that those $300 is not including bills, only for food and expenses that is not fixed.
Well, I'm a single dad, earnings around 400 $ -500 $ a month, but I'm a very budget, with excess there is a small amount to buy bitcoin and other cryptocurrencies. The difficulty is also a real bite.
With so much fees we have to keep paying because I am affected and we are affected and it is a problem for sure. So it's not really a joke, so if for bitcoin depends on the situation as well.
Just because you have a lot of money to spend doesn't mean you waste it. Whether you have too much money or too little money, you should never waste it when you should only use as much as you need.
This is always mentioned in books or always advice to people when we talk to each other. But I wonder if we will save or still spend less when we have more money. I doubt it because once a human being, everyone will have a need to use branded goods and eat expensive dishes in restaurants...So once they earn money and become rich, they will spend money on things they previously dreamed of. People who say they will stay the same when they become rich are lying and have never experienced the feeling of having a lot of money. I've never seen anyone with money that hasn't changed.
I know everybody is not in a same class but still we all do budgeting, expenses and impulse. How much do spend a day? Do you think is possible to program your daily expenses?
Yes, how much one can afford to invest depends on their income. But I don't think a daily budget is necessary for Bitcoin. But everyone can make a weekly or monthly budget according to their ability. Bitcoin is a digital currency that is a possible currency of the future so it would be our best to save it. It is a good strategy that if we keep a budget it will help us in our savings. otherwise we cannot afford to invest large amounts at once
The daily cost depends on the income of each person, the higher the income, the higher the cost per day. But there is a big difference between spending and wasting. Just because you have a lot of money to spend doesn't mean you waste it. Whether you have too much money or too little money, you should never waste it when you should only use as much as you need. I think one person's daily expenses will never match another person's daily expenses because everyone tries to go according to their own wishes. The cost of each day is not determined again, it may be seen that the amount of cost becomes much higher on some days because on other days, if you sit in a restaurant with friends or for any other need, more money may be spent than on normal days. Everyone's daily spending is different, but everyone should stick to spending limits.
I am living in a family of two honestly. So my daily expenses are general things like food, regular needs, bills and other things. Second person of home generally takes care of inner issues at home. As bitcoiner I tend to spend much less than average person to invest more money into Bitcoin for our future. I believe most bitcoiners are better at saving than average people. My only issue is with electronics, I tend to waste money on bitcoin related gadgets. I feel like my ledger nano x was pretty much unneccesary after their drama with ledger connect service.
It seems that you have little in common with me in managing finances to make ends meet. But the difference is that I am not only heavily invested in Bitcoin but also in other things. But lately I've also been putting more and more of my money into bitcoin investments. But I don't like to spend a lot of money on electronics. I like to use any item until the item is no longer suitable for use. 
I am living in a family of two honestly. So my daily expenses are general things like food, regular needs, bills and other things. Second person of home generally takes care of inner issues at home. As bitcoiner I tend to spend much less than average person to invest more money into Bitcoin for our future. I believe most bitcoiners are better at saving than average people. My only issue is with electronics, I tend to waste money on bitcoin related gadgets. I feel like my ledger nano x was pretty much unneccesary after their drama with ledger connect service.
Because this is about daily expenses and I only spend about $ 10 a day for 3x food needs, especially for side dishes because I budget 1 month for rice, sugar, coffee, milk and other needs including monthly costs that I have to pay such as electricity and others - other.
and $ 10 for a day's expenses, sometimes I can use it to buy snacks and also gasoline which actually goes into the weekly cost, but sometimes I use it from the daily fee if there is more.
I have implemented daily, weekly and monthly budgets since getting married and I have calculated everything according to my income including incidentals after which I prioritize less saving and more investing. And save for a reserve fund when I really need it without compromising my investment.
and $ 10 for a day's expenses, sometimes I can use it to buy snacks and also gasoline which actually goes into the weekly cost, but sometimes I use it from the daily fee if there is more.
I have implemented daily, weekly and monthly budgets since getting married and I have calculated everything according to my income including incidentals after which I prioritize less saving and more investing. And save for a reserve fund when I really need it without compromising my investment.
On average, I spend around $8 per day, considering my earnings and the economic conditions of my country.
Are you single? That amount is too small for a family person but I think if you're a single guy and doesn't have any obligation, that's sufficient.However, this question solely depends on individual’s lifestyle, responsibility amongst others and priorities differ greatly. As for programming daily expenses, it is possible to develop systems or tools to help track and manage finances effectively.
There are apps in the playstore or app store where you can download to help you track with your expenses and budgeting. These daily expenses doesn't need to define whether you're a bitcoiner or a trader or anyone in the market that's not so popular.With proper planning and disciplined execution, such programs can contribute to more efficient financial management and help achieve long term goals.
Despite that, there are still people that are living in countries with high inflation rate and that's why they're having hard time to budget their needs. Because a $10 worth of goods today, could be $11 or $12 or more by tomorrow.
each person will have their own daily expenses depending on their habits and needs, and I think each class will be different, such as poor, middle class, or rich. Personally, I spend maybe $10 to $13 a day on necessities that I have. however, sometimes I can still use it the next day. Some people I know can spend above that, maybe even over $30 in one day. However, this can change depending on the habits and needs that we have.
Everyone must have different expenses and it depends on how many dependents they have for their daily living needs, the more dependents, the greater the expenditure needed. The three types of people you mentioned must have different expenses because each of them has responsibilities according to their needs. When talking about the economic difficulties we are facing now, there are priority scales that must be met. For example, as primary and when this need is not met properly it will affect the productivity of life.This need is considered important because it relates to the needs of human life, therefore it is necessary to make a scale of needs that are appropriate and not impose other needs that are not really needed. Because the most important thing is when the source of income is unstable, someone has to find a way to meet those needs because we can't postpone it.
I know everybody is not in a same class but still we all do budgeting, expenses and impulse. How much do spend a day? Do you think is possible to program your daily expenses?
I mean are you asking in general? Short answer is- yes it is possible to program your daily expenses.
This kind of activity involves proper financial planning in order to keep track of your income and expenses for your investments. As a general rule, you should always spend less than what you earn and avoid applying for credits on unnecessary items. Focus on prioritizing activities that provide various benefits to your health, as well as to your entertainment as well.
If you have any excess money, then consider investing a portion of your income in various investment mechanisms (e.g. stocks, crypto, etc.) to diversify your portfolio.
At the end of the day, proper planning on your financials is the key in order to maintain a work-life balance without having to stress on unnecessary expenses while maintaining a proper investment pool.
I know everybody is not in a same class but still we all do budgeting, expenses and impulse. How much do spend a day? Do you think is possible to program your daily expenses?
On average, I spend around $8 per day, considering my earnings and the economic conditions of my country. However, this question solely depends on individual’s lifestyle, responsibility amongst others and priorities differ greatly. As for programming daily expenses, it is possible to develop systems or tools to help track and manage finances effectively. With proper planning and disciplined execution, such programs can contribute to more efficient financial management and help achieve long term goals. 
I know everybody is not in a same class but still we all do budgeting, expenses and impulse. How much do spend a day? Do you think is possible to program your daily expenses?
Making a daily budget for our expenses is very important and easy to learn and achieve if we so determined to see it come true, the first advise i will give on this is to ensure having a steady income source that will be able to pay off your bills, secondly don't make your expenses plan or burget exceeds what you receives as income, you also need to learn how to categorize our budgets base on needs and wants, which means there are approaches we could adopt to help us avoids wasting money and time in some other things we shouldn't have.
I know everybody is not in a same class but still we all do budgeting, expenses and impulse. How much do spend a day? Do you think is possible to program your daily expenses?
Making a daily budget for our expenses is very important and easy to learn and achieve if we so determined to see it come true, the first advise i will give on this is to ensure having a steady income source that will be able to pay off your bills, secondly don't make your expenses plan or burget exceeds what you receives as income, you also need to learn how to categorize our budgets base on needs and wants, which means there are approaches we could adopt to help us avoids wasting money and time in some other things we shouldn't have.
I know everybody is not in a same class but still we all do budgeting, expenses and impulse. How much do spend a day? Do you think is possible to program your daily expenses?
It all depends on how financially stable you are, that's if you spend more in a day without it touching you that you're over spending. Some that don't have much can decide to spend less to enable them have what they'd use the next day.
It all depends on how much you get in return (when you invest) that can make you decide how much you flush out in a day, because if your investing on something and you not getting profit like more of what you invested on, it might make you start thinking twice on how you plan your day just to survive the next day.
I know everybody is not in a same class but still we all do budgeting, expenses and impulse. How much do spend a day? Do you think is possible to program your daily expenses?
Yes, how much one can afford to invest depends on their income. But I don't think a daily budget is necessary for Bitcoin. But everyone can make a weekly or monthly budget according to their ability. Bitcoin is a digital currency that is a possible currency of the future so it would be our best to save it. It is a good strategy that if we keep a budget it will help us in our savings. otherwise we cannot afford to invest large amounts at onceIt truly depends on ones class but another could be relationship status of someone, a family person could find it hard to set a specific daily budget because emergency expenses could spring up at any time. But as a single fellow one can set this up. Most of my subscriptions, bills are paid mostly at the end of the month. With all foodstuffs taken care of I could be on $15 daily and it will sustain me without any emergency
Yes. varies, of course, for the needs of singles with the needs of people with families. If you per month from your data above more or less $ 450 and it is already very comfortable with a daily expenditure of $ 15. If I am already married and have 5 family members, of course above you. However, by getting around one of them with short-term trading, it can more or less cover my family's daily expenses. for example, getting a profit of $ 10-$ 20 has been very helpful.
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