Bitcoin Forum

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 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

You're right that personal circumstances such as relationship status and family responsibilities can greatly affect one's ability to stick to a daily budget. It's important to be flexible and adapt to unexpected expenses as they arise. However, setting a budget can still be a helpful tool for managing expenses and ensuring that one's financial resources are being used effectively. It's good to hear that you have found a daily budget that works for you

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.

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'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.

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.

wow, this is an interesting topic do you guys have some tool or app or even excel to share with me?  :D

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

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

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.

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.

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.  :P

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.

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.

My daily budget as someone that is invested in bitcoins is no different from when I had no knowledge of bitcoins.
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.
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.
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 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.

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. 

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.

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.

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 :D

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.

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 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.

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.

It’s impossible to program daily expenses because there’s always an extra expenses that will come up base on the actual condition on that particular day. You can allocate percentage of your money like what I’m doing but I always encounter a day that need an extra fund out of my budget due to my emergency expenses.

You can tabulate all your daily expenses within a month and get your average expenses. You can use the average expenses to determine how much percentage you are consuming out of your monthly budget.

In this age it is important that we know and do this practice in our daily lives. Because if we don't do this, our money will definitely end up being spent incorrectly.  But if we can correct it and use it according to our daily budget, we will also make sure that we can use our money properly and correctly.

from my own view of understanding I will say that somebody will have each level of expense or expenditure you told him only the person and monthly or weekly so you must expend according to what will help with in the month we should be based on individual method of any really explain how much you are to spend within the week or within the month

I do have a family composed of 7 including me and my wife.

So here's the breakdown on 24 hour period consumption.

1. Daily commute expense - $4
2. Gasoline - $6
3. Food- $20

Etc... others are montly in counting like electricity and waterbills.

This is why it is really that needed for you to have more income sources on which you cant really just fully rely with your 8-5 job.
There are really moments or times which it cant really be avoided for you to spend up your bitcoin holdings or even with altcoin bag.

Some expenses cannot be predicted but an average amount can be calculated if you sit down and start recalling the day over a month. Usually we tend to spend more than we can afford this should be limited and you should be budgeting fine. Spend as per your need and sell those which you dont need any more. Groceries and bills will take the maximum of them all but the internet bills can be cut down if you are willing to sacrifice your series watching demands which itself brings in more sedentary lifestyle, bad for you.

Impulsive spending is common among some people and these people need treatment of some underlying mental health issue which they brush aside on their own.

It's hard to say how much I spend per day, I think it's around $20. It happens that I don’t spend anything at all, and I always try to plan larger expenses in order to guess with the budget.I don’t have impulse purchases,I control my budget.

Because I am married and have one child who is more than 1 year old, my needs often exceed my monthly salary.
and I prefer to prepare a monthly budget rather than a daily budget because it only makes me dizzy because it can't be predicted, because preparing monthly needs is calmer if everything has been done even though sometimes it's minus.
and for my child's needs such as milk, vitamins and food I budget $30 a month.
and for food and gas etc like electricity it's about $260 gas and $50 incidentals and maybe for one month I can spend my monthly budget about $400 for one month, and that need already exceeds my monthly salary.
but with such circumstances I am required to have a job or side income and I am grateful to have it, namely side income from the signature campaign that I have been running so far and this is very helpful, and I also use it when I really need it.

Depends on the household, any unexpected expenses such as expiring car insurance, tax payments, maintenance, and so on. As a couple, on average we'd spend approximately €30–40 per supermarket trip, usually twice a week. Other expenses include fuel, approximately €30 per week depending on the occasion and the consumption, and going out once or twice a week. It's not easy to come up with an average, but generally, I'm avoiding going overboard, especially after the increasing inflation and the uncertainty it has caused.

Frankly Bitcoin is simply a side endeavor, it is just something that sits around in the portfolio with the hope that the price will increase and it could be sold on for a higher rate to someone else later on. That means that a day job with side hustling is still required to pay the mortgage because the bills stack up fast. I prefer to put money into assets that return money on a regular basis, like stocks which payout profits in the form of dividends to the owners. It's a bit silly asking how much people spend per day because even within different countries the disparities in living costs can be huge. It might cost you $5,000 a month to rent somewhere in California, but around a $1,000 in some other states.

I agree with you, everyone belongs from different class but weather individual belong from higher, middle or lower class everyone have their own budget. Everyone spend on sudden things. who don't spend on luxurious things at least they spend on basic needs to run their family. Yes it is possible to track our daily expenses. There are different options on market to track your daily expenses like budget apps, computer spreadsheets as an expenses tracking etc. For Individua its very important to track daily expenses, it will help to avoid unnecessary expenditure in future.

I work on the 80/20 principle, where I hoard 80% of the coins I buy and spending 20% of it on food and services. I convert a certain amount of my salary to Bitcoin and then I do the split.

We all set aside a specific amount of our budget for "food" and entertainment.... so I just convert that to Bitcoin and use it at food stalls near my work to buy lunch. (A few of them accepts Bitcoin Lightning payments, so I am lucky)   ;)

in that way you will have assets that are always increasing, and of course with 20% for food and entertainment makes us learn to make ends meet not life's desires which will never end. if I myself the results from cryptocurrency are not yet able to fulfill my daily needs, but from real work I make it to meet the needs of life and the results from cryptocurrency I only use 10% to reward myself for example taking a vacation, and others return to invest at the right time

I think it is proportional to the income of the person. It is a very good situation for you to be able to make such a rate. If I had done it this way, I could upset this balance with my occasional additional expenses. It is good news for your own economy to be able to progress at a rate of 20-80 in a regular manner and paying attention to expenditures. Being able to use bitcoin for some of your expenses also makes you advantageous.

I am not able to control my spending at such a rate as the economies have been in a bad state lately. Still, I made a good plan for myself and I'm moving forward. In today's economies, acting without a plan can put us in a difficult situation. We must pay attention to this.

This is included in the financial management that we usually do. divided into daily, weekly and monthly expenses. plus incidentals. But I won't go into that in detail. I just want to answer that I am used to setting a budget that I spend for a month's needs is only around 15-25% of my total income a month. and the rest I save and I invest. But this also depends on the number of family members you are responsible for. the more family members you have. then the percentage of spending must also be different.

Budgeting is very important in our lives because if we don't do that at the end of the year we see we can't lay claims to anything tangible. Budgeting starts from our daily activities, that is how we can break it down to know our expected expenditure and deduct it with our income. So with the daily calculation, we sum it up for the month and know what range of expenditure we can be running in a month and the yearly expected income and expenditure will be known.

There is another aspect of this budgeting that needs to be taking care of but this depends on the earning capacity. This is miscellaneous. Miscellaneous is other expenses that may not be covered from the known and identified expenses. So you can have expenses that will involve the extended families, friends asking for support, emergencies also. We need to have an economic balancing of income and expenditure.

Financial management needs to be done to manage finances properly, expenses and income need to be adjusted so that you have savings at the end of the month. Daily expenses depend on each individual, people with economic limitations will be more careful in spending money so as not to cause economic pressure when needed.
Daily expenses are unavoidable, everyone must spend their money to make ends meet. Regarding how much money to spend a day depends on the needs of each individual.

Crypto earnings aren't fixed, if we're looking for fixed income then we have to look for a job that has a fixed salary so we can have fixed income coming in often. I don't have a fixed income anyone as I'm not working at the moment but I'm working on getting a job soon. I have already submitted application in multiple places and I believe one of them will call me for an interview very soon. It's easier to plan your expenses with fixed income.

When I do get the job, I'll spending about 3% of my earnings daily, my new job earnings will be strictly for my wellbeing as I'll be using my other earnings for my investment and savings. For now I'm saving some of my signature payment but when I get a job I'll be saving a 100%.

I just make a plan for the whole month. Everything I earn I divide it into 2 parts. 75% and 25% to be exact. 75% I use for savings, investments, emergencies, etc. The other 25% I use it for the whole month. I can easily cover the whole month with that. If any emergency situation occurs, I still have the backup funds. So the budget is quite strict. I try to avoid unnecessary expenses so that my budget won't get affected that much.

I don't think being a bitcoiner has anything to do with this. It depends on your income, your lifestyle, your expenses, and the price of goods. But if your life is dependent on Bitcoin investment or trading then it might vary. Price fluctuation could heavily affect your daily or monthly budget. If you choose Bitcoin as your main source of income, then making a budget according to it could be tough. But if we make a plan and save, then we can avoid such problems to some extent. Keep what you need and want to save. After that, invest the rest of what you can afford to lose. This is the first thing we need to keep in our mind. So, it won't have any effect on our daily life. So in the end, bitcoiner has nothing to do with it if you know what you are doing.

It depends on how much money you can afford because the budgeting or spending we do to invest or trade will be different. By knowing how much money you can afford, you can note your budget for each day to trade or invest.

To invest, you don't need to buy Bitcoin every day but make it once a week or once a month. So you just have to buy Bitcoin regularly based on the period that you have specified. And it will be different if you want to trade because in trading, maybe you need to provide more money. After all, there is a possibility that you will face a different situation.

You can keep a record of daily expenses so you will know how much you are using to trade or invest. This will make it easier for you to track how much your profits and losses will be.

It all depends on our income, the more income, the more expenses, that's a common thing I think, when someone earns a lot of money, he will spend a lot for his needs, while if people with low income will adjust.
Everyone's level will be different from income, personally I have experienced it myself when I have a lot of income it will be used up for needs but when my income is small then it will also be enough.

If you came from a really low class society its too hard to get expenses to your wants its all about your needs, you need to survive at the end of the day. For food, shelter, clothes, and etc. as part of the basic needs of the people the reason why its so glad if you are part of the middle into high class society you can save at least. Well back on track I came from a normal life having a small amount to spend for food and all the needs I always manage my money with the ratio of 50:30:20. 50 percent for the savings, 30 percent for the daily needs, and 20 for my wants, seems too high for the savings but at the end of the day its a good situation for me to have emergency funds. We don't need to buy and expensive things all the time there's a cheaper version of it and have the same quality so you are just buying because of the brand. Be wise today.

If you are very disciplined financially, you will be able to keep track of how you spend your money daily and weekly. It is possible to program your expenses by strict budgeting, but it is not very easy with how quickly the price of things are changing and how often we meet more people who we cannot ignore that need our financial assistance. If things were much better economically, more stable and less people who are needing financial help, maintaining a budget will be easier than how it is right now.

Maybe for many people it is a small amount of money to them, but for me it is about balancing life and not always being comfortable and having profits from the investment market. So the ability to work is only in such a range, I also witnessed some friends who used to be in debt a lot when mortgaging properties to invest with crypto, there are people who are lucky and earn money. Although there are large amounts of money, there are also people who owe more, so there is a lesson that I have learned not to take risks when investing.

Let's just say I spend a total of 10 bucks per day (I live in a third-world country so this is more than enough for me to get by actually). Every now and again I go to trips with my significant partner where I usually have to fork around 200 to 300 bucks in one go, that would cover for everything including our food, travel expenses, and if we ever wanted to go someplace else or buy souvenirs. This doesn't happen that often so I could still stand to budget things out and not spend too much in one go which is great.

In the Philippines I live as a lower-middle income class which accounts for the majority of people in the country. I could stand to afford stuff if I want to and I have a sizable amount of savings in my bag that I could use if push comes to shove and things start to sour down.

Very weird to specify "bitcoiner" in the title of the thread, when we all share very common needs every day - depending on where you live in the world. Most people pay rent or a mortgage, have to pay energy & water costs, then allowing a certain amount for food & clothing, you have to keep your method of transport maintained unless you are walking everywhere. Everyone is capable of sticking this sort of information into a spreadsheet to help them plan every month and make sure they have enough money coming in to cover their expenses. You need to cut back back or earn more otherwise.

Sure, each person may be in different class and it is difficult to determine how much to spend daily. I also often use different amount of money everyday, it depends on how many urgent needs in the day. However, I usually won't spend more than $50 for my own needs in week days. It can be $100 on the weekend. So, no fixed amount of money to spend daily.

Yep. It is a good idea to program our daily expense/spending. It can minimize the amount of money to spend and we can allocate bigger amount of money for savings or investments. For example, we can limit the maximum amount of money to spend daily is $50. When it is programmed, whatever the reason we aren't allowed to spend more than $50. But it won't be easy. It is a hard thing is to commit with the program, most people are difficult to run the program constantly. When we break the program 1 day, we probably break it again and again.

Agree. It is nothing to do with Bitcoin or being a Bitcoiner.
It is a common question about our daily expenses. And the answers must be varied.  ;D

Since the beginning of 2023 I have spent more money with this market, maybe a day spending about $50 doing different trades or leveraged games, but it's like a loop. invest because according to my assessment, maybe a whole month the amount of money I earn can be up to nearly $1000 but there are days when I have to add more money to continue. Actually spending is very common, as for the story of short-term investment, I always extract monthly amounts from different jobs to accumulate bitcoin, although not too much but I am quite satisfied with the amount. money can spend to invest and especially this is a long term investment for me.

Keeping track of outgoing budgets and incoming budgets is important for anyone, not necessarily reserved for bitcoiners.

I might say that in one day it can reach $25. This number may decrease or increase depending on the needs of my family (wife and children), myself and my parents.
For other people living in my country it may not be the same number either. For those who live in other countries with different currency exchange rates, the numbers can also be different.
There are those who live their daily lives alone because they do not have other dependents such as a wife and children.

I record financial records in Microsoft Excel with a description format, expenses (cash out) and income (cash in).

We don't break our expense program if we stay focused on our commitment to record every daily expense to save in an excel layout or other application, even though we have set a daily spending limit of $50 but there are still high expenses for certain needs every month but those expenses are categorized under other needs because it's not part of the daily expenses. However, we need to determine daily spending limits to make it easier to calculate monthly expenses, the use of all daily expenses is more effective below 75% compared to monthly income salaries.

This is complicated question because many facts are missing here. In what sense are you talking about? You mean to say how much we spend in the bitcoin or do you want to ask up to what level we are buying it? Further more is this associated with the investment or expenses that are being done in the bitcoin form? 

Now you getting what I’m asking as counter question.

If it is about buying, then I’m not buying on daily basis. Secondly if I’m buying then it’s gonna be lowest of that week or month which is based on last weeks trend. Gives clear idea if I’m buying at lower prices or not in comparative sense. This ranges from ten dollars to fifty of something. That’s what I can afford really.

I would extend my budget of buying in case I’m earning good money from art sells or bonuses from other earning sources. Otherwise it’s fifty max that too occasionally.

There is nothing wrong with low spending, and I also spend less than $20 most of the weeks, only few weeks I may spend more than that for my needs. Just like you I also don't do any kind of calculation of what I spend per day because I don't think that I have enough time for such activity. Although, there might be few weeks where I spend more than $50, but mostly I'm okay with $20 or less. However, I must say that I spend most of my money on my family members, and that's why I can't spend more than $20 per week on myself.

I think that spending more money on the things that you use once or twice after purchasing is the waste of money. And, that's why it's always better to spend money on those things that you might use for a long time. I usually spend most of my money on food items because I'm very nutrition centric person, and that's why I always purchase different types of nutritious foods that could be very helpful to organically fulfill my daily nutrition needs.

Everyone needs to budget. Whether it is a salaried employee or earning his own income. But in order to plan a budget that works and allows you to live a comfortable life, you need to seriously consider how much you're spending right now, how much of your income can cover your expenses and what your priorities are. My priority is always to increase my Bitcoin amount. When preparing a budget for myself at the beginning of each month, i first set aside the investment i will make in Bitcoin and act as if that amount does not exist.

I have determined the amount that i should spend for my expenses. I always adjust my expenses according to my Bitcoin savings, unless there are mandatory things. I would be very careful not to show any flexibility in this matter. Saving requires full discipline. Having dreams that you can realize while making your savings allows you to make your savings more disciplined and self sacrificing.

I firstly don't assume that everyone bitcoiner who has some funds to keep aside at the end of the day, must have a day job. Some good entrepreneurs and skilled persons can meet this standard too.

It is discipline that should be considered, because with different scenarios, only those who can prioritize thier schedules, use a scale of preference, delay instant gratification, can really maintain a good credit score even after paying necessary bills.

The discipline to learn how to safe guard the little set aside is also a plus. Else what's the point of managing to save up and it gets stolen by hackers or you loose the keys?
After converting to my local fiat, I simply stock up on food, sort the little bills I can and HoDL for a rainy day. I limit my movement this period so I don't spend much daily as a bitcoiner.

Each person spends money differently for each day and is also related to responsibility for daily needs that must be spent regularly to meet the needs of his family. Everyone must have a plan in terms of spending both daily and monthly, the more dependents, the greater the expenditure needed and if it is not programmed properly and on target, then whatever income will not be able to be balanced with expenses.

For me making a program that balances expenses and income is very important because it relates to a regular lifestyle to meet needs and if the planning is done wrong, the impact will affect our economy in living our daily lives. It's even worse when we have loans that must be budgeted for repayment every month and this will also affect our financial resources.

The bitcoiner is not from same class,Some rich people also earning from the crypto currency using the trading and investment.When the poor people earning from the crypto currency will use this money for their emergency purposes.They also use the full funds for their livelihood expenses.The poor traders mostly do random sell after he received the money from the crypto currency.The expenses also depend on the family size of the bitcoiner.

It's a very difficult question because I don't have a daily budget. I do everything on a monthly basis.

So, my expenses depend on the whole family, since my wife earns less than me and we have a child.
During the Winter my expenses are much smaller because I rarely go anywhere. In Summer we have parties in the garden, I drink more beer and fizzy drinks, we eat out more, we travel more, so one month in Summer we can spend up to 3 times what we spend in Winter.

It's possible to budget and make a program for my daily expenses with my family. But it doesn't matter whether I am a bitcoin person or not because expenses are just the same unless you're a single person and it differs from being a family man.

Taking groceries should be every week and that's saving us more money and effort going to the grocery store. And the amount of budget differs from country to country where cost of living aren't the same.

A $50-$100 worth of grocery for a week is enough but with inflation, that's making less of what we're able to buy and then the increase of the price of formula milk is also another factor.

Daily expenses isn’t something you could easily put a tag on as, it varies so much due to the day. In fact for some, you’re more likely to spend more money on a weekend than you would do on regular days. Even still, some days of the week might turn out to be more demanding than others.
Should you put your considerations on a monthly base, that could be tagged but, t doesn’t feel so cool declaring what my expenses through a month might be like. It’s something I consider private and should stay that way.
Don’t know what it is to you though @OP.

That is true, not only where you are living but what kind of lifestyle are you practicing.
If you are a frugal family, you won't buy things that are just a luxury for you.
You stick to the basics to survive and save as much as you can. Hard to give the approximate amount as it depends on where you are at now.
As you mentioned, bitcoiner or not, you have the same basic needs, so being a crypto enthusiast doesn't change a thing when it comes to your expenses.

Yes, lots of things which could really happen on point on which it would really be adding up on overall expenses but if we do make out some estimation then we could really be able to give out those numbers.

For me then i would really be spending that $30 per day at least when it comes to meal and gas and it would really be keeping on adding up if ever there would be some additional on which it is true that
not all would really be able to make final numbers because of different factors on which it would really be just that normal on having that kind of adding up on those numbers.

The important thing on here is that we do able to make budgeting according into our income because if you arent really that good on budgeting then you would really overdropped.
This is why you should really be that mindful about your spending on which it should really be that just right basing on what you do earn.

I think every expenditure will definitely be counted every month, they must have a different budget to be allocated for family needs. Because we are the head of the family, we must be able to allocate every month from our income, including sometimes the uncertainty of the budget that has been set but with what has been determined, it becomes known how our expenses are every month.

Honestly, I don't know how much is spent every day with my family because I didn't count this because it will be a job every day by tracking what we spend, but with months it has been determined, for example $ 500 for monthly and other needs, then it has to be it's enough if it's less than that it's good because we don't spend more.

Do daily budgets vary depending on whether you're a Bitcoiner or not?

Anyway, as for me, normal days only require a few dollars. I only need food normally. Monthly, however, there are bills to pay; rent, electricity, water, internet, and so on. Add to them some spending on impulses, gambling, some luxuries like travel and beer and the like, and some other miscellaneous. 

Yeah, it's very possible to program your daily expenses. As a matter of fact, I believe it is better to do that.

I think the comparison is not too far with household expenses in general, depending on the country of residence and lifestyle. Unless you are an active bitcoiner, I mean there are special cost requirements from prominent bitcoin activities such as electricity, internet, device maintenance, and other ancillary needs.
I don't know what the ideal spending plan is, what I do is budget as much as possible for vital household needs for at least the next 3 months (without details) based on the average expenditure history of the previous months.

At the moment it is difficult to program daily expenses because things change on a daily basis, due to inflation here in my country prices change on a daily basis and for this reason it is difficult to prepare a list of the budget and daily expenses.

In general, at the beginning of each month, I always buy the large items that I need for the entire month. This is how I will ensure that I buy my items at a cheaper price because they are at the wholesale price on the one hand, and on the other hand, the price increases every day.

Also, due to the deteriorating economic conditions, I have to get rid of some recreational luxuries, which are not basic materials.

Yes of course, budgeting will help limit my spending levels. Moreover, every person should be aware about budget and expenses. Otherwise he will not be able to control his expenditure. I support this strategy of reducing your budget. If I write down the daily expenses in a ledger manually it sometimes becomes negligible. But when I save that expense list in the mobile app it will be convenient for me to retain and at the end of the month I can get my exact expenses amount. Also, if I want, I will be able to collect the previous few months of expenses by using this app.

It's all about the routine, really. Are you consistent in creating reports or not? The more diligent you are in generating reports, the better the quality of data you possess. This, in turn, facilitates the budgeting process and makes it easier to accomplish.

By analyzing the data you have and rectifying unnecessary expenditures, you can improve your financial condition.

Personally, my life isn't much different from those who aren't Bitcoiners. In my country, living on $10 USD is sufficient to purchase food three times a day (breakfast, lunch, and dinner).

Maybe for OP and for the others, it depends that the budget of a Bitcoiner is different from being not. In third-world countries, $10 is enough but being a breadwinner and having all the obligations goes to your shoulder that means that the budget should be bigger. While in first-world countries, it's more than that obviously and I think the factor of why the expenses of a Bitcoiner differs for some is because. It could have been separated from the cash expenditures and to the bitcoin base payments. Dunno.

There's no daily budget as a Bitcoiner because non custodial wallet will not charge any fee, it's not like bank where they will charge monthly fee and any other charges which you wouldn't know.

A Bitcoiner just need to spend one time money to buy a hardware wallet, then your coins will be safe even though you not move it for a decade or more.

Someone spending isn't because of he's a Bitcoiner, Stocker, Golder, Silverer, Banker etc, but it depends on his own character and the way he would spend.

Your revenue source determines how much you spend each day. Not only bitcoiners, but everyone, there are those people who budget exactly what they will spend regardless of what they make daily, weekly, or even monthly, while others simply spend as they see fit.
I personally have a daily budget, however there are occasions when the plan doesn't work because of unforeseen circumstances.

Right, if you're living frugally then that's easy to cope up with inflation. But I know that many do still struggles even if living frugally, they need to adjust a little bit more with their lifestyle and has to sacrifice other wants that they do like food.

We all do have basic needs and what's hard is that you have to check what's happening in the local market so that you're aware on what you'll have to do with the adjustments regarding your budget.

Do I have to make a report or draft of my monthly budget here, maybe I will give some of them.
If I calculate I eat 3 times a day, and it costs $ 3 every time you eat, 3 packs of cigarettes on an average of approximately $ 5, snacks approximately $ 7 every day, it is not always like that sometimes less than that and sometimes too Exceeding it, if accumulated within one day I spend $ 21 for active needs, and if accumulated within one week $ 147 has become a definite count for my consumptive expenditure.
It's beyond other needs such as electricity, water, internet quota, etc., too much if I write everything, but a small picture of expenditure is enough.

And indeed this depends on where you live and what your condition is like, we cannot see in this case objectively.

But hey, can bitcoiners spend their money too? Or is that not the case?

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You seem to be quite the smoker! By the way, where I live, $5 will only get you a single pack of cigarettes. Depending on the brand, some are even pricier than that!

First thing that comes to my mind when I read your title thread is the Bitcoin mining. Since some people have a lot of cpu which contains a high class brand of supplies plus the cooling system for them to not overheat. And the electricity which cost a lot depends on how many mining devices you have.

But for me, when it comes to expenses I just always have a spare money that always goes to savings and investing. Those spare money would be split into 50/50 so in case in emergemcy I have a savings while having an investment. But this is only when after I meet my requirements of spending my money to my needs everyday, if there's a spare one even a small amount, it always be saved or invest. I don't usually use my funds in crypto since I am holding, that's why I have an alternative savings for me to used for what I want.

Obviously, it is because a budget or expense is still related to financial and if we want to possibly grow our wealth, we will do a financial management to be able to track our spending and not to over spend. Almost all people do a shopping which can last for a week or two so we rarely spend daily. This is great. Not only we can save money but we can also save time. Monthly expenses most be mainly for the bills.

There are also practices that we can do to be able to lessen our bills but I think they are still under the financial management. I see that your allocated percent per month on your spending is only small. I guess you are still single? That's a good choice. Many of us regret that we get into a married life early and now we are struggling in terms of finances.

preparing for a life of financial problems from an early age is very necessary. of course we have to manage finances well so that life in the future will be better. for me, who have a family, my salary is used up for daily needs, while for investing, I use the additional income that I get. now you can imagine the income of an ordinary employee which is very limited. if we don't get used to investing as early as possible, then our old age will regret, because we didn't make the best of the opportunity

I lose no less than $10/day for trading acts  ::) However, to sum up, there are different failures and successes for day-to-day spending, in the other side of investing I don't build a daily spending table with such a portfolio. It can be weekly or monthly to deduct an income to buy btc, these are quite a long investment that I think is suitable for the current market context, but maybe in the future it will another change in strategy.

To be honest, for my personal needs in a day I only spend around $ 3-$ 5 (enough), whereas if combined with the needs of my wife and children's family in general, a maximum of $ 15 x 30 days = $ 450 (a month). But keep in mind that I don't classify in the bitcoiner category or not, because I think everyone's needs will vary depending on the cost of living for each region including the price of basic necessities. For the daily spending program that you mentioned, of course, it is very important to review, as a family living in difficult conditions you must be good at managing finances.

All of the above expenses that I mentioned do not include investment funds, because monthly investment is something that I have to separate from my main needs.

You either earn way more than you need in your life or you are single and don't have a family to take care of, because when you have a family to take care of, even 1% of your salary a day wouldn't be enough every day, and even if you spend 1% per day, it will still take 30% of your total salary, not including all the extra expenses such as bills, check-ups if needed, monthly grocery, school/college fees for children, and a lot of other expenses that you need to take care of.

Even if you have a separate savings fund for emergency situations, you will still need to spend more than 50% of your salary on the general expenses for the whole month if you are a family man and if you don't earn a very high income, this obviously doesn't apply to those who earn a fortune every month.

When i am still single i don't really plan out my spending it is just let it be so i do always come out short because i do spend much but now I do plan out my day like I only need to spend this for food and having extra then that is the time i will buy my wants . Without planning right now is very difficult because you'll caught of short and then you cant buy anything mostly now i do have family to feed.

We should always have an estimated budget so as to watch our spending. If we spend as we see fit we might end up running out of cash very soon and for those individual with emergency funds they'll have to touch them and they will have nothing left. I don't think we should based our spending on how much we make instead we should have a budget so when we make more money we can save more and increase our investment funds.

Obviously we can't spend more than we make unless we want to spend on borrowed money which is a very dangerous lifestyle. Budgeting helps alot and all Bitcoiner should development a happy of budgeting, it could be daily, weekly or monthly, we should budget anyways.

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.

If you are a full time bitcoiner, budgeting really depends on the market. Depending on bitcoin as the main source of income should track their budget because of the volatility of it. Set some limits, know how to control; maybe you earn big in one trading this day but tomorrow might give you another sad situation.

That depends whether I am earning good amount of money for that week or not. It’s simple if I have achieved targeted wager for that week then hell yeah I am buying more bitcoin for sure. Usually I’m driven with the class of managing the accounts. I do not wish to overburden my life with unwanted expenses. Basically if I’m getting decent money which surpasses my expenses and savings calculations then Yup, that is good week to buy the bitcoin.

I hardly think I have bought bitcoins every other day because that is simply not possible. This also applies to selling or spending my bitcoins over the counter. I have paid with bitcoin for gift cards and for cash but it does not happen every day or week. Only on few occasions when I have to celebrate someone’s birthday or anniversary etc.

For a single person keeping to a programmed daily or weekly expenses as the case may be is very possible as your needs can be numbered while some could be easily avoided to serve the set budget. But not for a family man with kids and a wife, there will always be an elastic budget as the demands are not coming from one angle only.  Being a family man isn't an easy responsibility to cater for and that's why it's expedient to source out for streams of income so to be able to meet up with the numerous family needs ranging from the children needs, wife and that of extended families.

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 like this thread, because the point of this thread is that we have to record expenses and income, no matter how small the expenses are. because from there we can know which posts are unnecessary. I used to take records of expenses for granted, but after living in the last few months it's very useful. for example, to eat 1 day where I live an average of $ 10 per day, it's not big, but try to multiply it by 30 days. pretty big right? IMHO

You could say the concept is similar to the Eisenhower Matrix. Where there are 4 priority scales discussed, namely important-urgent, important-not urgent, not important-urgent, and not important-not urgent. The main ones are considered important-urgent and those that are omitted are not important-not urgent. So I think it is very important to program our daily expenses, even though the income as a trader is not certain every month.

If you multiply your daily expenses by the average amount in one month it does look big (in terms of currency) in your own country. But $300 in a month may still be very low and super economical for those who live in different countries with you, because each country has a different currency value so for those who directly use dollars for their needs on a daily basis, maybe that number is as much as it's still cheap and quite economical because the portion is for a month.

Speaking of priority scales, I think not everyone applies to the four scales that you say. Because I only run three scales out of the four scales that you said, and those are things that are important but not urgent, as well as things that are important but there must be pressure and the last thing is something that is unexpected but it could come in everyone's life. So I think things about everyday expenses are always different for everyone and how they are managed will never be the same even if they live in the same country.

You are right about that. I do live alone and have been living on my own for a long time now. So I can stick to my plans on money spending and the budget is quite sufficient to live day-to-day life. I get your point. When there's more mouth to feed, the budget will vary based on that. Also, it depends on your income. You can do what I do too. You will just have to do some tweaking in order to match it to your lifestyle. Let's say you need more than 50% in order to live your daily life. So let's reverse the budget. Can you not save 25% of your income and use the rest 75%? The percentage doesn't matter when you have a strong will. Your savings should be what you wish to save and what you can separate from your daily expenses. For me, it's 75% and 25%. Based on situations, it could change. But I try not to affect it too much. So what's the amount you wish to save? That totally depends on you. So just create a plan and make changes to suit your own lifestyle.

Country one lives in highly affects one's expenses irrespective of being bitcoiner or not, I see Stalker22's response here mentioning $40 a day, in developing nation you could live for 2 weeks that, excluding rent ;D

I feel when the daily cost program can be in accordance with the budget and accurate when I am alone or not married, when married and having children will certainly be difficult to provide a limit or budget according to the target, of course there is a successful with the daily expenditure program, but in my opinion this will be Makes our time and our minds only focus on the control of expenses and better find a source of income.

Yes, our daily budget or expenses are different because those who lives in a developed country will be spending higher than those who live in undeveloped country which food stuff and other things are very cheap for their investors or bitcoiners to experience in the country. I spend $10 daily as a single guy because my company have some roles to play in the life of all the staff working in that organization that minimize our spending in the country, which is also helping me to save some money I will use to buy Bitcoin when the price is low again. Since this global inflation occurred in the world economy, many people are finding it difficult to maintain their daily budget of last year in the country because the price of things has increased higher double compared to last year price.

I also lived in a 3rd world country, but I only budget $200 or less for food; bills and transportation like gas are excluded. It is already sort of enough if we only cook at home and do not eat at restaurants, because if we do, then that is short. I'm not sure how many are in your family, but double $300 is already huge, mostly because you are in a third-world country or you just consist of a big family with six or more family members.

Also, I do plan out both monthly and daily, like for buying some stocks like foods and canned goods, I do buy them for a month, but for raw foods, I sometimes buy them daily or weekly depending on my mood, like what I want to eat this week. It gives you freedom or makes it easy to change your plan if you like to cook other foods.

That's the hardest part about being married that nobody ever warned me about. If I was a single person I could have always set a budget and avoid doing anything that would be crazy, because I am married, sometimes I literally postpone my own medical needs in order to fit our budget, not set budget, literally all of our money, just so I could spend it on something we have to.

I am not saying that it's common, of course we always take care of our medical needs before anything else, but sometimes unexpected stuff happens and we have to pay for them, it's just how it is at this moment. Which is why I believe that we need to make sure things are getting confusing when you are married, both sides makes short end of the stick at times.

Planning is of the essence but sometimes when I don't go to work, I stay indoors, and do the cooking as everything I need is at home. However, is this topic actually necessary, I thought the initial plan of a Bitcoin holder is to buy and hold and go out and enjoy life outside there, I can hold Bitcoin but that doesn't limit my budget on how I spend and how it affects my life style, I think when you begin to confine yourself as Bitcoin this, Bitcoin that, you may even find it difficult to enjoy the only one life we hard.

The question should have been straight up without adding Bitcoiner, I mean look at Microstrategy for example, as Bitcoin holder he still enjoy his life and share time with his family, have fund and of course spend money but it doesn't affect his Bitcoin position, it should have been budget on how to spend wisely and daily expenses as an individual or married person

My daily budgets is making income on the daily basis at the same time spending carefully not to exceed/exhaust my income and  the cautiousness of not tempering my capital as this leads to crashing of investment.

So therefore, the cautiousness of considering your capital and your income should be determined by your expenses.

When I was living in the downtown of a metro city, I was well aware of my daily expenses. I always eat outside so it was pretty easy to track and make regular daily budgets.

Now that I am living a little far, I cannot follow a daily budget. I need to cook my own food which means I also need to buy groceries. But I have lesser expenses when it comes to food and I am not paying monthly rent anymore. At the moment, $300 should be enough for my monthly cost of living but this does not include personal insurance for health, pension fund, and other necessities.

Budget is crucial specially we do know that we arent really that wealthy for us to spend like a mad man.Everything should really be on moderation and you should really be wise on taking up decisions because if you

dont then you would really be ending up on getting overdropped with the budget you do have.Its not really that necessary for you to spend up your crypto and would be converted to fiat or cash specially if you are really that longing or planning to hold up for long term. Expenses and budgeting should really be done and this could really be able to be done on using up your fiat as much as possible.
Doesnt matter though whether you do have bitcoin/crypto or fiat because daily life or living expenses is really there.

This is why it would really be t hat so important that you should really be looking and minding that much on how you would really be spending up things wisely and properly, because if
you dont then you would really be definitely be having those headaches later on.

Why save matters more than how much. Saving is a means to an end. Saving 25% of one's income is admirable, but is it serving its goal if it leads to a monastic lifestyle without joy or comfort? If it meets your present and future demands, a 75/25 split may be ideal. Your dreams, aspirations, and needs should determine how much you save. Whether it's 75%, 50%, or 10%, it should help you achieve balance. It's about the life your money can buy

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.

Everyone must have spending and financial management in a different way. Because everyone's financial situation and life needs will definitely be different. Because a bitcoin investor, there must be someone who is already married and there is also someone who is single or alone. So, from these factors alone, you can already see the difference in terms of managing and spending money. Not to mention the factor of where to live and the cost of living in that place, surely every place has a slightly different cost of living.

I am currently married, but I do not have a child yet. So my expenses every month are still practically not too big. So every month the expenses that I spend for the necessities of life together, are in the range of $ 200. That includes my basic needs and pocket money with my wife every day. As for the rice and vegetables, I didn't buy them, because I have my own paddy field and it's more than enough for the two of me. But for emergency costs, it's different again.

And for the matter of money management, I manage it for a month, that way, my small family and I can save more on expenses. Because the ration prepared for the month must be just right and may not run out before the month's term.

Usually full-time Bitcoiners don't just do one job like trading, because trading is a very common thing and can also be done by many other people whose profession is not Bitcoiner. Well, in this case if someone is a full-time Bitcoiner, of course he will do more work that can make him profitable (besides trading). For example, he can also learn how to mine, how to participate in campaigns and airdrops and how to enter competitions on several exchanges which are all part of the job he can explore as he has more time to do research.

Meanwhile, Bitcoiners who work part-time only do not make the profession their main job, maybe they will rely more on using income from their main job rather than earning via Bitcoin. So they might be more likely to keep their income via Bitcoin for a long time because they can still live on income from their main job and this will certainly really help them to keep growing in any situation. That's why I think it would be much better if everyone has a different job in life even though the income level is also not the same.

right, like me where work from bitcoin is not my main income, considering I don't trade every day and get consistent profits, but I do it more for airdrops, campaigns, and others. therefore I prefer investment from the coins that I hold, the rest I work real to meet my daily needs. and if it's a bull run, then I can have savings and allocate it to other investments and leave it to buy crypto assets when the bearish season comes

If we live in a small town area then a monthly income of $350 is sufficient for all expenses and monthly bills, I assume from the statements you mentioned that food costs less than $3 and maybe a mid-level restaurant category has $5-7 food costs. However, the level of expenditure of each individual is relatively different even though he lives in the same area but the main factor of spending depends on the needs and desires of each individual, but we need to apply financial management to maximize the use of funds for monthly needs and suggest some of your funds for savings.

It is also the same with us; that is the average cost if you are eating in a restaurant, but that is not the most expensive restaurant, which makes me also satisfied with it, but again, that cost is still too huge if you keep eating in the same restaurant on a daily basis. It is really indeed about how we control our spending and money because even if you live in a small town in a third world country and you are still unable to control your spending, it still doesn't matter where you live.

Everyone must have different expenses and living in different places will also result in different expenses from one person to another. When it comes to the life we live and our responsibility to our family, it will cost a lot because we already have much bigger responsibilities than the life we lead alone. Managing finances well is not an easy matter, especially if our income is not in balance with expenses.

Your condition is still relatively easy because the dependents are not too big and you also have enough land to grow vegetables for your daily needs. But some people who have large dependents on their families will not be enough if compared to your expenses and that's why someone's expenses can vary. When the source of income is not run properly, the condition of large dependents will affect a person's condition and this is where intelligence is needed to manage finances properly and more strategically.

You are one of the many people who is able to maintain a stable cash flow and everyone should also have a strategy for saving money and daily, monthly and yearly allowances. At least to reach policies against recession and inflation problems and these conditions will not make our finances more problematic.

Yep control is the key, We don't eat out everyday, only like once a week. Other days I just buy food at the market and cook it. Some of my friend prefer went to cafe and hangout, but I rarely do that. And I avoid buying something that I don't really need.

Changes in a person sometimes will indeed occur when he is married and has a family that he must support. A great sense of responsibility can bring someone on a better path. Whether it's in financial settings or in the world of work. When Single the majority of people are accustomed to a fairly free life. we are not afraid to spend money to go out and buy things we want even though we don't really need it.

So when we are married, that's when we will change, even when shopping, we think and make plans in advance. like only buying what you really need. and put off the less important things for another time. everyone must have been in such a situation.

Of course it is very possible to make a daily budget because we can easily budget daily expenses, without a good plan it will be difficult to save, there are many temptations to spend or wasteful so we must always make daily, weekly and monthly financial planning.

Some people can easily manage their daily expenses and can easily save a good part of their money and on other hand there are also some people who even cannot manage their expenses and saving is most difficult work for them. Government servant get income which is very low and they hardly spend a month with that sum.

I think life will become easy if everything is done according to planning because without planning one is not able to maintain a healthy wealthy life. Those individuals who save money in Bitcoin can easily manage their activities but if they known how and when to take profit so saving and investment can also make one's life sustainable.

Sure, it's possible for some people, but it could also not be possible for other person because there's a saying that "all fingers are not equal." For someone who is earning a huge monthly salary, there is every possibility that they can decide to buy household provisions and food items with a Budgeted amount from their salary. After they have spent their budget amount on provisions, food stuffs, and a few other important things, they could have the privilege to set out a daily limit of what they can only spend until another month's end, when they will receive their salary. But for some people who are earning a small salary, it would be a bit difficult to have a daily spending limit. Although this doesn't mean it can't be possible, it all depends on the individual because there are people who cannot manage their money conservatively.

One of the best ways for you to be able to save up on which you shouldn't really be having the behavior on spending up on unnecessary things if you could be able to cook and do it on your own but its not really that bad to go out sometimes but everything should really be in moderation since we know that each person does have different capability when it comes to finances which for those who do able to afford on doing those outside spending even if its already unwise but they could be able to sustain it just because they have neither other source of income or someone they do rely on and this is why they are really that able to spend up that way.
Budgeting is something that you wouldn't really mind specially if you dont have your own family but there are still ones who are still single that really make savings as much as they could on where they are really that tending to save up for the future and plans that he/she mold up into mind. Spending is inevitable but always put up into your brain that its not really that ideal on spending something which it isnt that good anymore
or really that too much. You are really that putting yourself on great disadvantage.

It's a wise step if they manage to budget their daily expenses, so they can predict how much money they are going to have in the end of the month or predicting accurately if they will have money by the end of the month. People can do this by calculating how much they need to spend with basic expenses such as food, rent and bills (water and electricity). That is the basis of a monthly budget.

The rest of the money can be added to savings or can be spent with things we need to replace from times to times such as clothes, but also to have some fun and to break the routine, what is really healthy and necessary sometimes thinking on our welfare and mental health.

How much I spend a day varies from day to day as well as a lot of other contributing factors. If I have family and friends over, I spend more. If I go outside of my apartment, I spend more. If I have a date, I spend more. So my daily expenses is not fix and is hard to program no matter how hard I try.what I do right now is just to find more sources of income. I do not want to have to worry about my daily expenses. I just want to rest assured that no matter what comes up unexpectedly, I can easily handle it .

Fixing a price on ones daily expensives may not really work. Each day come with its own expensives. Not thesame money you spend on rice and stew today that you will spend on pounded yam and vegetables tomorrow. A weekly budget is a key to help you out here. And it's always a good practice to plan ones weekly plans on ones income.

It's easy to budget your income for example you have an income of 100$ and divide that into investment, savings, expenses, wants, needs, etc. But if you really want to be different just make your saving and investment higher than your expenses, I mean just don't buy what you can afford its actually that easy if you have a million dollars and then just use it to spend on to wants your just gonna end up broke again after a few months, but if you know how to handle your money you have the knowledge and know your limitation you're not going to spend your money onto something that you can't afford.

What I do on my salary is 40% savings and investment, 10% wants, 20% daily expenses, 20% on bills/groceries, and 10% on tithes. It might not work for you but in my experience is a good method since I'm saving more I can easily see how my money grows over the months of doing it. The trick is to always save more than your spending, with that you could easily make up your emergency funds, savings, insurance, etc. after that you could then save for potential businesses or buy assets that could generate passive income.

It is true that we need to find an additional source of income to cover our daily expenses, but besides that, do not forget to save for a better life in the future because our work is not always convenient and always brings a stable income.  especially in the current inflationary era, spending needs to be calculated more carefully.  daily budgeting is tricky, and I think we should make a monthly or weekly budget which is easier to control.

You're right. Full-time Bitcoiners must work on some crypto jobs, not only trading. They can join signature campaigns/bounties and offer professional services (translation, content writing, social media management, or etc). There are many crypto jobs that Bitcoiners can do, but it depends on their skills. However, it means there are varied sources to earn money.

Of course, the main job in real life should be the first source for the income. The money got from Bitcoin or other crypto job will be the additional income only. Bitcoiners can save the money or use some of the money for the urgent needs. Since it is not the main income, Bitcoiners never relies on Bitcoin for regular income.

Well, I agree that it is very recommended to have a job in real life. So whatever happens in Bitcoin, it won't bother our life.

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.

Of course, I also cannot say for sure how much I can spend on my daily budget. There are times when I buy very few things and other times I buy expensive things that I don't keep track of. But if I add up my spending budget at the end of the month, it becomes a much larger budget. When you have more money, you spend more and when you have less money, you spend less. In that case if I can make my daily regular budget then maybe it is possible to put in a daily budget. But I find myself spending over $200 at the end of the month which seems like a lot to me and it goes way beyond my budget.

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

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.

I think if someone can't invest every week then he can invest every month because those who work get salary at the end of the month. Some of this salary can be invested in Bitcoin and the rest can be used for his family. And if he  It would be very stupid to invest all his salary in bitcoins. I invest small amount in bitcoins every month. I think I can use my invested money after few years. I am very optimistic about it. Let's see what happens after few years.

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.

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 agree. Stable income is essential. It's like a rock amid a financial storm, right? You're right about budgeting within your pay. It's like packing an elephant. It fails! I'll expand on your spending categories for needs and wants. Why not go further? Give yourself a challenge! Needs and wants in separate jars. Put daily spending records in the right jar. Thus, you can track and adjust your spending. It's amusing and beneficial.

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 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.

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.

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.

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.

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.

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.

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.

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.

A person can do this because everyone who has a fixed job gets salary at the end of the month, but those who do business can invest in bitcoins at any time. but that should be a personal matter for everyone so I won't advise anyone to use my techniques here. but for investing in Bitcoin or other cryptocurrencies it is better to follow DCA as it will minimize losses. otherwise if one invests all his money at once then he will have a high chance of big losses

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.

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.

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.

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!

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.

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.