Topic: What's is daily budgets or expenses as a bitcoiner? - page 7. (Read 851 times)
For expenditure problems of course, all of us have different classes, some are not in accordance with income to expenses that must be spent so large that it is difficult to manage our finances, especially those of us who already have families of course, there are many unexpected expenses so that when our income is not smooth, everything becomes difficult to meet our every need, So everything is arranged according to our respective circumstances.
The question is slightly wrong. What do you mean by this definition? A person who holds Bitcoin and a person who trades will also be called a Bitcoiner. Or not?
But where is the connection in daily spending? Don't people who make their budget, or vice versa, don't eat, don't drink, don't they live the life that ordinary people live?
But to say that if you want to reduce your daily expenses, then it can be advised to make a plan for buying those things that you need. By making a list, you will protect yourself from unnecessary purchases in the case of daily shopping trips. As a rule, a person who forgot to buy something, and who decides to go additionally for the missing thing, buys something else, which would not have happened if a list of necessary items had been compiled.
But where is the connection in daily spending? Don't people who make their budget, or vice versa, don't eat, don't drink, don't they live the life that ordinary people live?
But to say that if you want to reduce your daily expenses, then it can be advised to make a plan for buying those things that you need. By making a list, you will protect yourself from unnecessary purchases in the case of daily shopping trips. As a rule, a person who forgot to buy something, and who decides to go additionally for the missing thing, buys something else, which would not have happened if a list of necessary items had been compiled.
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?
Setting a daily budget is possible but most times it is hard to maintain especially because of unexpected bills which need to be attended to. For instance, after setting your daily budget as a person with family responsibilities and your child suddenly fall sick, you will have no option than to take him or her to the hospital. My daily budget sometimes as a bitcoiner may be $100 - $200 but most times, I spend more than that because of the said unexpected or unplanned emergencies and sometimes I spend below the budget. 
The daily spending of a Bitcoin player I know depends on many factors such as geographical location, lifestyle, income, visibility towards Bitcoin and others. Depending on local electricity prices, mining equipment power consumption, and Bitcoin mining rates, electricity costs can range from a few dollars to hundreds of dollars per month.
In some cases like Bitcoin transaction costs, when you send or receive Bitcoins, you will have to pay a transaction fee. This fee varies depending on the state of the Bitcoin network and can also range from a few coins to several hundred dollars.
In some cases like Bitcoin transaction costs, when you send or receive Bitcoins, you will have to pay a transaction fee. This fee varies depending on the state of the Bitcoin network and can also range from a few coins to several hundred dollars.
If the person use Bitcoin as an investment, there's no daily budgets or expenses because he's not buy Bitcoin everyday.
If the person use Bitcoin for trading or as a currency, the daily budgets or expenses are the fees he paid to the miner which is differ from day to day.
I think my answer is correct because if you meant the daily budgets or expenses are something like foods, self reward and other thing, that's a daily budgets or expenses as a human
If the person use Bitcoin for trading or as a currency, the daily budgets or expenses are the fees he paid to the miner which is differ from day to day.
I think my answer is correct because if you meant the daily budgets or expenses are something like foods, self reward and other thing, that's a daily budgets or expenses as a human
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?
What you say it is very important, whatever your salary or income, daily expenses are very important to calculate. In my country which incidentally is a developing country, $ 10 is enough to live alone but if you already have a wife or expenses for a family at home, $ 15 is enough. And it must be saved as much as possible there is still some left so it can be saving.
TBH, I spend less than 20$ per week, that's all I can say because I don't do the calculation on my daily spending, I feel that will be stressful somehow, I am from a country whereby the cost of living is very affordable, I can't imagine myself spending more than this because I don't make a lot per month from my job.
I do have a wine 🍇 store with my wife but we have plans for the income we are generating from this business, we need a house that we can call our own, and we have other investment plans that are been put to action already, so we limit our spending every week to the minimum, so far, things are going exactly like we plan it.
I do have a wine 🍇 store with my wife but we have plans for the income we are generating from this business, we need a house that we can call our own, and we have other investment plans that are been put to action already, so we limit our spending every week to the minimum, so far, things are going exactly like we plan 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?
Yes and it's very possible to plan a budget for daily expenses, as for me i don't do daily budget for my expenses but rather a plan on a monthly basis, this helps me to choose between the needs and wants have for the month and designated a particular amount of money for the whole needs on my to do list and am done for the entire month, though i do have extra additional funds as miscellaneous for daily unforeseen circumstances.
Daily budgeting is time-consuming, and you should always plan out first what you will do in half a month or a month, depending on your salary. When I get my monthly salary, I plan out how much I will spend for the entire month, including the budget for my daily expenses, which sets a daily limit. Also, don't forget to have extra money on hand in case you get sick and need to buy medicines, etc.
I can't see the connection between the daily budgets or expenses and me as a Bitcoin or Bitcoiner or whatever term it is TBH.
As for my daily expenses, TBH my daily expenses is kind of low, and the reason is that I'm living on a third world country. I guess my daily expenses is lower than 10$. That includes my breakfast, morning snack, lunch, dinner, and sometimes midnight snack. I don't know if 10$ per day is too high or too low, but I find it low because I can still invest a portion of my monthly income. I'm also not commuting so I excluded transportation expenses because I'm working from our home. There are times where I'm spending more than 10$ because of some unexpected expenses like going out with friends, or buying things that I need.
Our daily expenses depends on the country we are living in. A first world country has a higher income, but a higher expenses as well and vice-versa.
As for my daily expenses, TBH my daily expenses is kind of low, and the reason is that I'm living on a third world country. I guess my daily expenses is lower than 10$. That includes my breakfast, morning snack, lunch, dinner, and sometimes midnight snack. I don't know if 10$ per day is too high or too low, but I find it low because I can still invest a portion of my monthly income. I'm also not commuting so I excluded transportation expenses because I'm working from our home. There are times where I'm spending more than 10$ because of some unexpected expenses like going out with friends, or buying things that I need.
Our daily expenses depends on the country we are living in. A first world country has a higher income, but a higher expenses as well and vice-versa.
My daily budget as someone that is invested in bitcoins is no different from when I had no knowledge of bitcoins.
I know everybody is not in a same class but still we all do budgeting,
Everyone plans and makes some kind of budget within their financial class. Even if the budget is not written down, people always plan how to spend the money they have so it can be enough to sustain a while before another comes. How much do spend a day? Do you think is possible to program your daily expenses?
I spend mostly on food daily, the other things I need are usually put in my weekly budget where I buy things in bulk either for a week or two. Do you think is possible to program your daily expenses?
It is very possible to program and keep in check the amount you spend daily, the trick is to avoid buying things in small insufficient quantity. If you buy things in bulk, you will spend less than choosing to buy daily. You should also avoid buying things you did not plan for. Good financial discipline is an essential habit to building wealth. 
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 and it's very possible to plan a budget for daily expenses, as for me i don't do daily budget for my expenses but rather a plan on a monthly basis, this helps me to choose between the needs and wants have for the month and designated a particular amount of money for the whole needs on my to do list and am done for the entire month, though i do have extra additional funds as miscellaneous for daily unforeseen circumstances.
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?
Its important for one to have plans for daily to monthly expenses based on the person's income. This will help you to control your expenses that would have led to overspending. People that spends above their income become victims of the burden associated with loans and debts. Although you might not follow the plan judiciously because each day might come with unbudgeted expenses but a plan serves as a roadmap and control mechanism. While sometimes it is possible to program you expenses because you spend specifically what you budgeted for that day.
My country is suffering from hyperinflation making it difficult to state categorically what I spend in a day. I am spending double of the amount I spent last year on the same products. But $20 will be enough for my daily need as an individual but when I add the needs of other dependants is will increase based on the number I have in the house per time.
I follow a 80/20 strategy, where I convert 20% of my income to Bitcoin, so that I can "use" Bitcoin as a currency to buy food at local food vendors that are willing to accept Bitcoin as a payment option.
The other 80% are hoarded for speculative and investment options to profit in the long-term. We have to find ways to support Bitcoin as a payment option or it will not generate enough transactions in the future to sustain miners.
The other 80% are hoarded for speculative and investment options to profit in the long-term. We have to find ways to support Bitcoin as a payment option or it will not generate enough transactions in the future to sustain miners.
Expenses for a bitcoiners can vary widely depending on their personal their income, expenses, and lifestyle and also depending to what is the "bitcoiner" refers to.
For example, a bitcoin miner may have different expenses than someone who simply uses bitcoin for purchases. Additionally, the value of bitcoin can fluctuate greatly, which could affect a bitcoiner's spending power from day to day.
There are many budgeting tools available, both free and paid, that can help you track your spending and stick to a budget. These tools can be especially helpful for bitcoiners who are looking to manage their cryptocurrency investments alongside their traditional finances.
For example, a bitcoin miner may have different expenses than someone who simply uses bitcoin for purchases. Additionally, the value of bitcoin can fluctuate greatly, which could affect a bitcoiner's spending power from day to day.
There are many budgeting tools available, both free and paid, that can help you track your spending and stick to a budget. These tools can be especially helpful for bitcoiners who are looking to manage their cryptocurrency investments alongside their traditional finances.
I don't have a daily budget, I drive myself down to my office every day and I use 100$ to restock food back in the house, this has lasted me and my family for good six months, and the others are lesser expenses, I think the most important expenses is food if you can get this out of the way, the rest will be comfortable.
I learned this from my deceased father, he said this move makes things easier for him, he won't have to worry about no food in the house every month end, with this move I have also been able to save money for other specialties.
I learned this from my deceased father, he said this move makes things easier for him, he won't have to worry about no food in the house every month end, with this move I have also been able to save money for other specialties.
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?
Bitcoin prices are primarily presented to us relative to the dollar. And the money of my country is very low compared to the dollar and a person in my country earns a maximum of $300. But it is possible to earn huge amount of money every month through Bitcoin. I myself earn at least $800-$1000 per month which is about the salary of 4 top employees in my country. So in that case I have very little illusion of money. From the person of an employee. Whereas a person earning $200-$300 a month would think twice to spend money anywhere but Bitcoin users would not think to spend money anywhere because they earn comparatively more money than them with less effort. And I can say that those who use Bitcoin have a lot of unnecessary expenses. So I can't specify the daily spending amount of a bitcoin user. But it sure is a lot more than a Bitcoin non-user 
wow, this is an interesting topic do you guys have some tool or app or even excel to share with me?
I don't have a daily budget but on a monthly basis bill only is around $100, add with snack and coffee and some saving 200$ will do the job
I don't have a daily budget but on a monthly basis bill only is around $100, add with snack and coffee and some saving 200$ will do the job
How much do spend a day?
I'm not tracking how much I'm spending a day but I do budget it on a daily basis and if there's an excess, I'm keeping it and still adds it to the next day budget.Do you think is possible to program your daily expenses?
Yes, you can. You may use those saving and spending tracking apps if you're having a hard time managing it. Those apps will help you to manage everything that you want to related to finances, budgeting, and expenses. But for me, I know my spending habits and that's why I don't get to track all of it. It's like a typical day and the budget is set so whether it goes on full or not, that's already good enough for me and will look forward to 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?
This is not about bitcoin or bitcoiners. The numbers differ greatly on one's "class", country he lives in, family (some are helped by their families, some have smaller or bigger family to support) some have better jobs and afford this or that, some not, some are even affected by war(s). Even more.. no offense, but why would anybody give you this kind of .. rather personal information? I mean not only a number which alone doesn't mean much, instead the whole situation/story... no.
About the daily expenses, I do keep an excel file, not only to get an idea on the expenses but also to keep an eye on errors or other "surprises" on the credit card too.
I think we all can agree that budgeting and expense tracking is important, regardless of our income or social class. Tracking our expenses helps us ensure we are not overspending and enables us to make informed financial decisions.
I spend about $40 a day on average. That includes my daily commute, meals, and other miscellaneous expenses. I use a budgeting app to track my expenses, and I try to stick to a daily spending limit. It is not always easy, but it helps me to avoid overspending.
I spend about $40 a day on average. That includes my daily commute, meals, and other miscellaneous expenses. I use a budgeting app to track my expenses, and I try to stick to a daily spending limit. It is not always easy, but it helps me to avoid overspending.
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