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Author Topic: Best way to manage money?  (Read 61062 times)
BitcoinPaw
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September 05, 2016, 07:19:37 PM
 #561

Saving is the best way of managing money, i believe that people who saving money and know how to do it, will never be in situations without money.

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September 06, 2016, 07:41:30 AM
 #562

Best way to manage money is by knowing how much you have to spend on bills and food because that is the most important. Never spend more money then you can actually afford.
That is going to mess your financial life up if you do not manage your money well.
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September 06, 2016, 08:30:26 AM
 #563

this is my step how to manage my money :
-listing all source where you get the money
-listing what your needs in 1month
-prepare some budget for unforeseen circumstances
-saving some for future sudden need
-invest some for growing your money



Hey bro No need of listings at present because we have so many to manage a money in Android playstore and in iPhone apps. Better try to install any one that app and make your wallet management properly.

This is a very good suggestion in my opinion. In the time we live in now we don't have to manage everything ourselves anymore we have enough to remember already. So a budget app or something similar might be the perfect solution to figure out everything. Anyways I am just going to look up one now after reading this cause I never really thought about it woops.
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September 06, 2016, 08:44:09 AM
 #564

this is my step how to manage my money :
-listing all source where you get the money
-listing what your needs in 1month
-prepare some budget for unforeseen circumstances
-saving some for future sudden need
-invest some for growing your money



Hey bro No need of listings at present because we have so many to manage a money in Android playstore and in iPhone apps. Better try to install any one that app and make your wallet management properly.

This is a very good suggestion in my opinion. In the time we live in now we don't have to manage everything ourselves anymore we have enough to remember already. So a budget app or something similar might be the perfect solution to figure out everything. Anyways I am just going to look up one now after reading this cause I never really thought about it woops.
I agree, there are a lot of useful app online to ease in managing our money, however all will be useless if you do not have the discipline to do it, for a person that is a spender it will be hard for him to save but with the will and discipline it is possible.
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September 06, 2016, 08:58:36 AM
 #565

Best way to manage money is by knowing how much you have to spend on bills and food because that is the most important. Never spend more money then you can actually afford.
That is going to mess your financial life up if you do not manage your money well.

So true.  Do not spend more than what you can earn.  People are so foolish that they really want to look rich even if would mean that they do not have savings.  They just wanted to impress others for fear of saying poor.

They always say that when we receive our salary, we should take 10% to 20% of it and save.  Then what is left will go to the expenses.  If we do the other way it will always ended up into not saving anything at all. 
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September 06, 2016, 12:12:00 PM
 #566

Saving is the best way of managing money, i believe that people who saving money and know how to do it, will never be in situations without money.
well thats true, with saving you will never lose money and there will always be enough of it, thats what i do now because i will soon need a lot of money

 
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September 06, 2016, 01:15:56 PM
 #567

Saving is the best way of managing money, i believe that people who saving money and know how to do it, will never be in situations without money.
well thats true, with saving you will never lose money and there will always be enough of it, thats what i do now because i will soon need a lot of money

But then you will realize that somehow, a part of those savings need to go to an investment so that it wouldn't remain stagnant and it's working for you even if you don't put much of your time checking what happened to your investment. It is perfectly fine to put your money in a savings account and allocate some for investments so that you will gain something in the future and not just having the same amount of money as time goes by.

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September 06, 2016, 01:53:24 PM
 #568

The whole credit card thing is a double - edge sword.

It can work with you or against you depending on if you have some form of self control and whats actually needed.

For example if you are trying to get a advance to pay for something and you already have 80% of the cash being credited then it should be fine. But there are situations where people pull a cash advance and they cant pay in time which hurts them the most.

Also despite on credit cards - it just means that the user needs to re-negotiate the APR "annual per rate" adjusted to their customer service and see if the 20% can be dropped to 10% or something.

Doesnt hurt to ask? why not?
This actually does work. Most people don't think of doing this and are just assuming that it does not work.
The media is actually telling people to call up their credit card company to ask for a better rate because the market is so competitive right now, they usually don't say no.. unless you are at your maximum limit on your card in the first place.
The best thing is that you also must save some money. I think that is the most important to do that.
So you will have later some money and that is very good. And you dont must spend a lot of money to gamble. Because that is very bad.
Best way to manage your bitcoins or your money is having a guy that is professional into this shit. You need at all the time to save money because saving money is the best thing you can do for your future for sure!
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September 06, 2016, 02:52:49 PM
 #569

Saving is the best way of managing money, i believe that people who saving money and know how to do it, will never be in situations without money.
well thats true, with saving you will never lose money and there will always be enough of it, thats what i do now because i will soon need a lot of money

But then you will realize that somehow, a part of those savings need to go to an investment so that it wouldn't remain stagnant and it's working for you even if you don't put much of your time checking what happened to your investment. It is perfectly fine to put your money in a savings account and allocate some for investments so that you will gain something in the future and not just having the same amount of money as time goes by.

A great explanation indeed. If it will the same money as time flies then what is the real purpose for that. You just saved it and nothing even happened. As of banks it is annually before it moves. It would be better of with some investments than just saving it without even a single penny of profit.

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September 06, 2016, 03:42:24 PM
 #570

I think the best way for you to manage your funds is to have a good plan on what you're going to buy and, of course, only buy what you really need. It may be seen as something simple, but it works and can save you a considerable amount of money.
The best way is dont spend and always save your earnings for your future..
Or invest to your business like start your own blogging that you can manage it for a long time and if your site is well know you will earn a lots of  earnings..

Don't spend? Well it's impossible you don't have to spend as we all have daily spendings.

Also it depends on the salary or income that we receiving in regular basis. We can make lots of success on managing our money if our source of income is fixed and stable.

oh, that is the main problem that simple humans don't have stable earnings. When you find your job there is chanse to get kicked out and you have to wait months and years to find a new job, your wage is also different and if you have small wage than you simply can't to save money because your family and family members needs that.

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September 06, 2016, 04:21:36 PM
 #571

The whole credit card thing is a double - edge sword.

It can work with you or against you depending on if you have some form of self control and whats actually needed.

For example if you are trying to get a advance to pay for something and you already have 80% of the cash being credited then it should be fine. But there are situations where people pull a cash advance and they cant pay in time which hurts them the most.

Also despite on credit cards - it just means that the user needs to re-negotiate the APR "annual per rate" adjusted to their customer service and see if the 20% can be dropped to 10% or something.

Doesnt hurt to ask? why not?
This actually does work. Most people don't think of doing this and are just assuming that it does not work.
The media is actually telling people to call up their credit card company to ask for a better rate because the market is so competitive right now, they usually don't say no.. unless you are at your maximum limit on your card in the first place.
The best thing is that you also must save some money. I think that is the most important to do that.
So you will have later some money and that is very good. And you dont must spend a lot of money to gamble. Because that is very bad.
Best way to manage your bitcoins or your money is having a guy that is professional into this shit. You need at all the time to save money because saving money is the best thing you can do for your future for sure!

Having a professional to manage ones hard earnings is not a good decision, because this makes him stick to someone's idea and losing his own self identity. For this reason similar to earning one needs to have a good learning of how to manage his own hard earned money.
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September 06, 2016, 06:08:22 PM
 #572

The whole credit card thing is a double - edge sword.

It can work with you or against you depending on if you have some form of self control and whats actually needed.

For example if you are trying to get a advance to pay for something and you already have 80% of the cash being credited then it should be fine. But there are situations where people pull a cash advance and they cant pay in time which hurts them the most.

Also despite on credit cards - it just means that the user needs to re-negotiate the APR "annual per rate" adjusted to their customer service and see if the 20% can be dropped to 10% or something.

Doesnt hurt to ask? why not?
This actually does work. Most people don't think of doing this and are just assuming that it does not work.
The media is actually telling people to call up their credit card company to ask for a better rate because the market is so competitive right now, they usually don't say no.. unless you are at your maximum limit on your card in the first place.
The best thing is that you also must save some money. I think that is the most important to do that.
So you will have later some money and that is very good. And you dont must spend a lot of money to gamble. Because that is very bad.
Best way to manage your bitcoins or your money is having a guy that is professional into this shit. You need at all the time to save money because saving money is the best thing you can do for your future for sure!

Having a professional to manage ones hard earnings is not a good decision, because this makes him stick to someone's idea and losing his own self identity. For this reason similar to earning one needs to have a good learning of how to manage his own hard earned money.
that will not working well in managing the money at least when you spend money on something it same like you spoil yourself but when you earn money hard sometimes you will feel tired and when you tired you need something to make you comfortable so the way has you think for manage money will not working at least just a desire to have something valuable to halt spending money on a large scale.

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September 06, 2016, 06:14:29 PM
 #573

Saving is the best way of managing money, i believe that people who saving money and know how to do it, will never be in situations without money.

I have savings, but it does make me good at managing money. because I easily get money from bitcoin, so sometimes I spend the money in savings. because I think I can get the money back.

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September 06, 2016, 06:22:21 PM
 #574

Saving is the best way of managing money, i believe that people who saving money and know how to do it, will never be in situations without money.

I have savings, but it does make me good at managing money. because I easily get money from bitcoin, so sometimes I spend the money in savings. because I think I can get the money back.
If you just spend your savings it is not a savings because you are still spending it savings is a good thing that you can only receive it like you buy cheap milk in the market which it has save $1 just like that.. saving your earnings and never spend it can help you to have a good future..



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Rainbot
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September 06, 2016, 06:31:44 PM
 #575

The best way would be to make plans about investing your money first of all.Plan how much you want to save and how much you need to spend and where and then go according to that only.Limit your desires in the start and try to avoid unnecessary expensed,then you would be in a right track.
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September 06, 2016, 08:13:09 PM
 #576

I think the best way for you to manage your funds is to have a good plan on what you're going to buy and, of course, only buy what you really need. It may be seen as something simple, but it works and can save you a considerable amount of money.
The best way is dont spend and always save your earnings for your future..
Or invest to your business like start your own blogging that you can manage it for a long time and if your site is well know you will earn a lots of  earnings..

Don't spend? Well it's impossible you don't have to spend as we all have daily spendings.

Also it depends on the salary or income that we receiving in regular basis. We can make lots of success on managing our money if our source of income is fixed and stable.

oh, that is the main problem that simple humans don't have stable earnings. When you find your job there is chanse to get kicked out and you have to wait months and years to find a new job, your wage is also different and if you have small wage than you simply can't to save money because your family and family members needs that.

That is why it is better to have your own business. Having a good job should not be your end goal. Take your job as a stepping stone. Do your work, save and invest. If you just work for others, you are just making them rich. But if you have your own business, then you are making yourself rich. But you need to have good financial management. So having a small salary is tough, but it could be a good training ground to have a solid foundation in managing your finances.
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September 06, 2016, 08:24:53 PM
 #577

It depends on if you're talking month-to-month surviving, or long-term saving.

If you're trying to just make it paycheck to paycheck, budget on paper and use software like Mint to make sure you follow it.  Try to cut corners on luxuries and save on things you need when you can.


As for long term saving, put aside a certain amount to be automatically saved out of each check.  Divide it up between different types of investments according go however you see fit, just don't make it easy to access.  Have an emergency fund put aside of a few thousand along with long-term savings.

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September 06, 2016, 10:47:17 PM
 #578

What you certainly will need is a very well defined plan, research and self-control, of course. If you have it, surely you will not have big problems in the future and you certainly will increase your chances of being rewarded.
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September 06, 2016, 11:33:36 PM
 #579

Saving is the best way of managing money, i believe that people who saving money and know how to do it, will never be in situations without money.
yes, saving can earn you a lot of money to be honest and besides that you can buy the stuff you want when you want so thats great
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September 07, 2016, 04:20:02 AM
 #580

Saving is the best way of managing money, i believe that people who saving money and know how to do it, will never be in situations without money.
yes, saving can earn you a lot of money to be honest and besides that you can buy the stuff you want when you want so thats great
Exactly, saving alone cannot be called as managing money because it real life we also spend money to take care of our daily needs, in managing money it is like you are managing the business which the income and expenses are present, in a business in order to maximize your income you need to minimize your expenses.

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