Best way to manage money?

[Vaskiy]

i think the best way is to save in the bank. save atleast half of your income and use the other half for your other expenses. you can also try investing in bitcoin or gold. the value of gold increases as time goes by.

yes very much agree with you. save money in the bank is a very good thing. you will not easily lose your money. sesikit you will also get a bonus if you keep your money in a short time has been determined by the bank.

Yeah, saving money in bank is a good option to manage as mentioned. But saving will give you very small profit as interest.

If saving your money gives you very small profit, then go for investment. You can invest in gold or bitcoin. If you invest in gold, price will increase in few years. If you invest in bitcoin trading or mining, you can obtain a very large profit.

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[ajun96]

Best way to manage money is to know how much money you have to pay. Now you have some money left or your self, a bit of this money you have to put in your savings.

therefore plan to save and methods should you be formulated at the earliest dude. how much salary or income you get each week then how much would you spend it
make sure the expenditure is not greater than income. if you have formulated it then you've made a great money management

[NewInCryptoCurrency]

Best way to manage money is to know how much money you have to pay. Now you have some money left or your self, a bit of this money you have to put in your savings.

therefore plan to save and methods should you be formulated at the earliest dude. how much salary or income you get each week then how much would you spend it
make sure the expenditure is not greater than income. if you have formulated it then you've made a great money management

You should have also to save money and that you also make an investment, otherwise you cant make some money and you will also not save money, so saving is very good.
Also dont spend to much money out to some wasted stuff, and dont gamble that much because the chance there is really high to lose some money with it.

[ronaldinho_07]

Well one thing is sure some people need and must learn to manage their incomes,this can easy change your life in the short time,i believe there isnt a best way but several goods ways ,each person must find one and use it.

[rizkyhiw]

have you try to googling about this?
this is just my plan to be better to manage my money,i just bought what i need,not what i want,its hard to do it along day,but i keep try it,i know what i want not always what i need.

[blackmachinegun]

The best way is to always have a budget set out before you go and buy something. If it is over your budget, then don't buy it, if it's in your budget, then buy it if you really need it.

My problem is i can't stop buying something new arrival, im buying new smartphone each 5month or sometimes 3month.. it's make me feel very bad.

I think you have to distinguish between wants and needs mate ? whether phone it is your desire or your needs ?
if you always obey and buy all you want. then you're hard to become rich because You would be very wasteful. different if you buy things that are needed only. He would not give any effect on you

[romero121]

Well one thing is sure some people need and must learn to manage their incomes,this can easy change your life in the short time,i believe there isnt a best way but several goods ways ,each person must find one and use it.

Yeah money management is highly needed for every people. The reason is people earn lot but as they don't know to manage effectively, people waste in unwanted needs.

[eternalgloom]

Managing your money in a correct way requires discipline, I really struggle to not spend more than I want to spend, but it helps to keep money in Bitcoin cold storage.
The hassle of getting that money out prevents me from spending those bitcoins.

[bamboylee]

The best way is to always have a budget set out before you go and buy something. If it is over your budget, then don't buy it, if it's in your budget, then buy it if you really need it.

and if you are going out shopping, leave your credit card behind. This will save you from unnecessary expenses due to compulsive buying. Sometimes, there is a big sale and you will buy things even if you have no use of it. That will ruin your budget.

[tyz]

My personal strategy is to save 50% of my monthly income in fiat money and 75% of my monthly income in Bitcoin. 40% of it for long-term savings. 10% of it for unexpected spendings like new car parts etc.

Indeed, it is not easy because you need a lot of self-discipline over a long time frame to do this.

[Pattart]

Well one thing is sure some people need and must learn to manage their incomes,this can easy change your life in the short time,i believe there isnt a best way but several goods ways ,each person must find one and use it.

yeah Financial management is very important to do. because with this strategy you can become easier to become rich. if you do not have good financial management. then you're like no purpose in getting income dude

[plost24]

My personal strategy is to save 50% of my monthly income in fiat money and 75% of my monthly income in Bitcoin. 40% of it for long-term savings. 10% of it for unexpected spendings like new car parts etc.

Indeed, it is not easy because you need a lot of self-discipline over a long time frame to do this.

you have 125 % of your income dude :p anyway it seems a nice strategi but i think 50% in fiat and the other for bitcoin is the best you will make pay for your needs and make money with bitcoin but for long time saving for me is a bad idea i put all of my bitcoin in trade it will be better than make them wait in the wallet doing anythink it can give you so much money so why holding just use them and make them grow.

[ronaldinho_07]

Well you have your own strategy to manage ,soo you are willing to take a bigger risk,at bitcoin,and be able to let some balance for emergencies that may happen during those investments options.

[quentincole32]

Well you have your own strategy to manage ,soo you are willing to take a bigger risk,at bitcoin,and be able to let some balance for emergencies that may happen during those investments options.

correct,i think everybody have their own money management,invest strategy and they should learn to get the best management for their money,everypeople ahve different habit.

[Olaf]

Well you have your own strategy to manage ,soo you are willing to take a bigger risk,at bitcoin,and be able to let some balance for emergencies that may happen during those investments options.

correct,i think everybody have their own money management,invest strategy and they should learn to get the best management for their money,everypeople ahve different habit.

Everyone has their own take on it a investment strategy.

But its better to clear the air, by just looking at their house lol. If their house is worth $4.3 million dollars its a good indication you should just take advice of people are up there then people just trying to buy a "condo".

[Wapinter]

Saving and investment is an integral part of wise money management.One should save at least 20% of his earnings for future and if possible invest 10% in some good business opportunity.Bitcoin is certainly one of them

[ronaldinho_07]

Well you have your own strategy to manage ,soo you are willing to take a bigger risk,at bitcoin,and be able to let some balance for emergencies that may happen during those investments options.

correct,i think everybody have their own money management,invest strategy and they should learn to get the best management for their money,everypeople ahve different habit.

Everyone has their own take on it a investment strategy.

But its better to clear the air, by just looking at their house lol. If their house is worth $4.3 million dollars its a good indication you should just take advice of people are up there then people just trying to buy a "condo".

Well the advice from people with less power economic able to buy a condo against the house milions may have a better strategy them the rich one,the thing here isnt the material thing and yes the way they handle and care their money.Those richie person can had  the house from the family soo admnistration isnt with him or her,several people hires the middle men to handle that or companies to do that work.

[bamboylee]

My personal strategy is to save 50% of my monthly income in fiat money and 75% of my monthly income in Bitcoin. 40% of it for long-term savings. 10% of it for unexpected spendings like new car parts etc.

Indeed, it is not easy because you need a lot of self-discipline over a long time frame to do this.

That is too much i think. Your taking more than 50% of your total income to savings. Are you sure you can keep that up? Don't you have any other expenses? BUt if you can do it, you'll be set in no time to make large investments.

[adibe]

My personal strategy is to save 50% of my monthly income in fiat money and 75% of my monthly income in Bitcoin. 40% of it for long-term savings. 10% of it for unexpected spendings like new car parts etc.

Indeed, it is not easy because you need a lot of self-discipline over a long time frame to do this.

That is too much i think. Your taking more than 50% of your total income to savings. Are you sure you can keep that up? Don't you have any other expenses? BUt if you can do it, you'll be set in no time to make large investments.

Well, it's depend which country is he live. For me 50% of my total income to savings is too much, because it can't covered my daily things, like eating. But i always motivate my self to manage money.

[Lokfar]

Best way to manage your money is to make a list of what you have to pay. So pay all your bills and see what you have left. Save a part of the money you have left for your self and the rest is yours to spend. This is how I do it.