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Author Topic: Best way to manage money?  (Read 61062 times)
Mr.grin
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April 28, 2016, 03:47:57 PM
 #241

Investing with your money is always good because than you can also earn some more money later and that would be perfect.
But you have to also save some money if the investing is not doing well so please have always backup money otherwise you become poor.
so true. investing is the only way the safest and relaxed as I know to earn money. because by investing you can make money without worrying money you invest
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Ulloa
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May 04, 2016, 08:35:31 AM
 #242

The best way to manage money is by always keeping track of how much money you have left and how much you can afford to spend. Make rules and give your self a certain amount of money that you can spend while at the same time saving money on the side.
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May 04, 2016, 08:54:32 AM
 #243

The best way to manage money is by always keeping track of how much money you have left and how much you can afford to spend. Make rules and give your self a certain amount of money that you can spend while at the same time saving money on the side.

Monitoring your expenses is a good way to manage your money...Proper allocation of budget could save you a lot of money and that's the easiest way..Unnecessary expenditures such as buying something that has no practical purpose should always be avoided..
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May 04, 2016, 09:02:16 AM
 #244

I always track my investments in an excel file and see which of the investments doing good and which are doing bad. Keeping those records good because whenever you forget how you fucked up a trade then you see those records and remember how you fucked it up. You build a history about your fuck ups and successes.

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NewInCryptoCurrency
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May 04, 2016, 09:10:31 AM
 #245

Investing with your money is always good because than you can also earn some more money later and that would be perfect.
But you have to also save some money if the investing is not doing well so please have always backup money otherwise you become poor.
so true. investing is the only way the safest and relaxed as I know to earn money. because by investing you can make money without worrying money you invest
The best way to manage your money you have to make an investment and also save some money and that is nice because so you have to make more money also.
And of course it can takes a long time until the value will be more and you should have to accept that.
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May 04, 2016, 09:19:41 AM
 #246

The best way to manage money is by always keeping track of how much money you have left and how much you can afford to spend. Make rules and give your self a certain amount of money that you can spend while at the same time saving money on the side.

That's good and my rules I always 30% investing, 10% for spend and 60% for trading because in trading giving good benefit and main point I have better knowledge about it and I have got too reward in this side. 
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May 04, 2016, 11:35:54 AM
 #247

The best way to manage money is by always keeping track of how much money you have left and how much you can afford to spend. Make rules and give your self a certain amount of money that you can spend while at the same time saving money on the side.

Monitoring your expenses is a good way to manage your money...Proper allocation of budget could save you a lot of money and that's the easiest way..Unnecessary expenditures such as buying something that has no practical purpose should always be avoided..
This is pretty good advice, but I have yet to find a good application to do this, I'm currently using an excell spreadsheet to keep track of my spendings, but like to switch over to an application which allows my do do thing somewhat automatically.

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May 04, 2016, 05:48:38 PM
 #248

The best way to manage money is by always keeping track of how much money you have left and how much you can afford to spend. Make rules and give your self a certain amount of money that you can spend while at the same time saving money on the side.

Keeping track of the expenses is a good option, but while tracking you need to limit yourself the expenses. Only then managing will be effective with increased saving.
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May 04, 2016, 08:30:11 PM
 #249

Try to dodge usless money spendings also you need learn how to control yourself and manage your time cause everybody know that time is money.

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May 05, 2016, 05:52:10 AM
 #250

The best way to manage your money is don't spend on useless things or you lavish wants. You have to know how to save in the future, divide you savings into emergency funds, for leisure, and investment. In investment I can recommend you to buy bitcoin now as the price is probably appreciate its value in the future.
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May 08, 2016, 12:29:00 PM
 #251

The best way to manage your money is don't spend on useless things or you lavish wants. You have to know how to save in the future, divide you savings into emergency funds, for leisure, and investment. In investment I can recommend you to buy bitcoin now as the price is probably appreciate its value in the future.

A simple method but seems to be the hardest to follow. Maybe most of us are guilty in this. And often we justify this by making alibi that what we buy is important. Though in reality it is not.
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May 08, 2016, 12:32:43 PM
 #252

Learn how to use Excel.

Write down every penny you spend. Write down every investment you make. Track down your incomes and outcomes. Then make decisions, cut the unnecessary expenses off.

You will become a better investor in time.

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Cantoner
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May 08, 2016, 02:17:54 PM
 #253

Learn how to use Excel.

Write down every penny you spend. Write down every investment you make. Track down your incomes and outcomes. Then make decisions, cut the unnecessary expenses off.

You will become a better investor in time.

Well i had tryed to use that example to try to control and know my outcomes ,my income i know but as i have a business the income hasnt any value safe,anyway the thing is i try to control but being a family is hard since i spend 5 dollars and my wife spends 20 then more 4 more 6 dollars and i missed the control thing,anyway every one should know they cant spend all they earn must save for emergency.
thejaytiesto
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May 08, 2016, 04:17:08 PM
 #254

Investing with your money is always good because than you can also earn some more money later and that would be perfect.
But you have to also save some money if the investing is not doing well so please have always backup money otherwise you become poor.
so true. investing is the only way the safest and relaxed as I know to earn money. because by investing you can make money without worrying money you invest

Well are you fucking kidding me lol. You invest without worrying about the money you invest? This is nonsense. Investing is pretty stressful, you do the wrong move and you lose all of your money, and don't get me started if you do leveraging, then you can end up in severe debt.

There's no way make money without stress, unless you are born with a trust fund and real state where you just simply live without doing anything but rent your stuff and get the money monthly. The rest, either working, or investing, will have levels of stress.
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May 08, 2016, 05:02:46 PM
 #255

Learn how to use Excel.

Write down every penny you spend. Write down every investment you make. Track down your incomes and outcomes. Then make decisions, cut the unnecessary expenses off.

You will become a better investor in time.

Yeah you need to reduce unwanted expenses and that will surely help you in saving more money which can be more profitable in long run, saving is the key to success.
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May 08, 2016, 05:36:59 PM
 #256

Learn how to use Excel.

Write down every penny you spend. Write down every investment you make. Track down your incomes and outcomes. Then make decisions, cut the unnecessary expenses off.

You will become a better investor in time.
Not only you become a better investor, you also become a better person in general. Simply learning how to use excel is enjoyable and you will find yourself using excel as a hobby, which is a good thing because you can always keep track of your expenses.
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May 08, 2016, 05:42:15 PM
 #257

Learn how to use Excel.

Write down every penny you spend. Write down every investment you make. Track down your incomes and outcomes. Then make decisions, cut the unnecessary expenses off.

You will become a better investor in time.
Not only you become a better investor, you also become a better person in general. Simply learning how to use excel is enjoyable and you will find yourself using excel as a hobby, which is a good thing because you can always keep track of your expenses.

Yes that is the best way to keep track of your expenses as you will have a clear picture where you are spending more so that you can reduce it in future.

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May 08, 2016, 06:51:12 PM
 #258

The best way to manage money is by saving some amount of our money and don't spend it, and also studying well before investing or making trades and deals so we can minimize the losing
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May 08, 2016, 07:02:47 PM
 #259

The best way to manage money is by saving some amount of our money and don't spend it, and also studying well before investing or making trades and deals so we can minimize the losing
managing money does not mean that you will be managing it right as you will surely have to spend it somewhere so it depends more on such stuff as calculating more on how much you can spend

in my opinion the best way to manage your money is to hire something like a fund organizer who would help you make a good strategy on how much money you should spend
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May 08, 2016, 11:12:15 PM
 #260

I make a detailed excel spreadsheet with categories of spending each month.  I take an average of spending and average income and compare over a 12 month period and a 5 year period.  This helps make sure that over the short term and long term I am not spending too much relative to my income.

 
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