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Author Topic: Best way to manage money?  (Read 61059 times)
blackmachinegun
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September 07, 2016, 04:55:24 AM
 #581

the problem is we never want to manage it, we have plan to manage but we never do it.
in my pocket i installed android aplication called moneylover, im use it for manage each transaction of my daily needs.
thats right dude. the problem is that we are very difficult to adhere to the plan we have created? we always inconsistent and said that plans to manage money is too hard? I think it is a problem that is often done by humans? yeah manage money is difficult. but if you want to be rich you have to be disciplined with it

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September 07, 2016, 05:55:19 AM
 #582

the problem is we never want to manage it, we have plan to manage but we never do it.
in my pocket i installed android aplication called moneylover, im use it for manage each transaction of my daily needs.
thats right dude. the problem is that we are very difficult to adhere to the plan we have created? we always inconsistent and said that plans to manage money is too hard? I think it is a problem that is often done by humans? yeah manage money is difficult. but if you want to be rich you have to be disciplined with it


It is too hard for you if you do not have the discipline to do it, you should be focusing more in your goal and your future so you will be encourage to save. I know only few can do manage their money very well that is why only few became rich but we need to understand that we are going to have a serious problem in the future if we will not learn how to manage our money.
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September 07, 2016, 08:03:03 AM
 #583

Best way to manage money is to spend as little as possible so you keep as much as possible then you put most of your savings in a safe investment. it will have low interest but atleast your money is safe and you make as much as possible in a safe way.
Also make budget and see what you have to spend and then keep that money safe so you always have enough to get trough the month.
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September 07, 2016, 08:35:24 AM
 #584

Best way to manage money is to spend as little as possible so you keep as much as possible then you put most of your savings in a safe investment. it will have low interest but atleast your money is safe and you make as much as possible in a safe way.
Also make budget and see what you have to spend and then keep that money safe so you always have enough to get trough the month.
Managing your expense effectively would help you to have more savings  and with more saving you can invest when you see some good opportunity knocking on your door, it is the way to manage properly our money because our income is just limited so we also need to limit our spending.

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blackmachinegun
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September 07, 2016, 08:49:55 AM
 #585

First of all a budget is number 1, write down everything you NEED to pay per month like groceries bills etc, after that you can see much you'll have left after basics needs. Whats left of the money you can decide how much to save and how much to spend on extra's
use this as your principle :

1 . buy what you need
2 . give what is right
3 . save what you can

and enjoy what is left , usually people buying something not really needed , giving away in wrong time and finally can not save money even a cent!
yeah one's habits is to buy stuff they do not need but buy goods with what they want when they are not so in need of it? and they do waste and waste money unnecessarily because of it. I think you have to make improvements to this section dude
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September 07, 2016, 11:17:10 AM
 #586

Best way to manage money is to spend as little as possible so you keep as much as possible then you put most of your savings in a safe investment. it will have low interest but atleast your money is safe and you make as much as possible in a safe way.
Also make budget and see what you have to spend and then keep that money safe so you always have enough to get trough the month.
Managing your expense effectively would help you to have more savings  and with more saving you can invest when you see some good opportunity knocking on your door, it is the way to manage properly our money because our income is just limited so we also need to limit our spending.

Managing funds would  be the best way in able for you to save some of your salary  so that you  could  use it in future purposes.  Unwise spendings  is a really factor that could effect your budget and might you get overdroped in the end of the month so that you wont able to save which is a bad thing.

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September 07, 2016, 12:01:17 PM
 #587

I am not too good in managing money but the things i know we need to separate the portion of our money in savings (10% or 5% )that we will never spend and the portion of money for our all expenses.
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September 07, 2016, 12:14:49 PM
 #588

I am managing my money since childhood.  I am good for that aspect. Everything my parents gave to me, I was able to kept it in my piggy bank before. And until now I am able to keep a portion of what I have earned.

Keeping a money is very an ideal characteristics of every individual. 

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September 07, 2016, 01:19:16 PM
 #589


yeah one's habits is to buy stuff they do not need but buy goods with what they want when they are not so in need of it? and they do waste and waste money unnecessarily because of it. I think you have to make improvements to this section dude


Actually it's not mistake to make such purchase of those things and stuffs you don't really need if you have some extra money on your pocket.

It will become a mistake if you are forcing myself to buy some extra stuffs you don't need even your budget is just enough to cover your daily needs.

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groll
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September 07, 2016, 02:02:43 PM
 #590


yeah one's habits is to buy stuff they do not need but buy goods with what they want when they are not so in need of it? and they do waste and waste money unnecessarily because of it. I think you have to make improvements to this section dude


Actually it's not mistake to make such purchase of those things and stuffs you don't really need if you have some extra money on your pocket.

It will become a mistake if you are forcing myself to buy some extra stuffs you don't need even your budget is just enough to cover your daily needs.

Yes I agree with you.  It is not really a problem if you have money for those things but sometimes we become impulsive buyer.  We tend to buy things that we do not really need out of feelings.  We just get excited when we saw that it is 3 pieces for 100 or it os on 50%-70% sale.  And that is the mistake almost everyone make.
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September 07, 2016, 02:03:26 PM
 #591

Just buy stuff if only you really need them and you will be fine. No need to get complex.

Saving money is complex if you like it or not. Yes you can do it in your way but you will not have most possible money because if you have alot of money saved its best to now safe it on a bank but invest in safe shares which give higher interest rate then the bank even if its not by much. This will give you max. amount of saving money
Noctis Connor
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September 07, 2016, 04:00:29 PM
 #592

So I have seen a lot of topics relating to different methods of managing money ("How to earn Bitcoin, "How to save money") and the likes. Now I would like to see what are the best ways people can come up with in regards to managing their money. I find creating a budget is one of the fundamentals of managing money. If you have no records, you can't know exactly how much money you have to spend each month. Another piece of advice I would like to give to people is to not use your credit card unless you're able to pay it off in full at the end of the week.

Any input?
if you want to grow your money then change your money into bitcoin and start investing it in some trusted and long run investment website where you can easily earn more profit every month 5-10% for me is a bit profit for a starting employee if you are going to join is signature campaign then you can easily earn money and save it for the future.
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September 07, 2016, 04:11:02 PM
 #593

I am managing my money since childhood.  I am good for that aspect. Everything my parents gave to me, I was able to kept it in my piggy bank before. And until now I am able to keep a portion of what I have earned.

Keeping a money is very an ideal characteristics of every individual. 

The basic thing of managing your money in a good way is patience, when you get the money don't just spend them on the things that you don't really need but you just want them, and save something out of that you that you can use them for something better in future.
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September 07, 2016, 04:50:13 PM
 #594

It is not easy to manage a limited amount of money, but if you are a wise person, or try to be, it would be more easy for you to manage your own money. My advice is just save some part of it and don't waste money on things that is not really needed or not important.
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September 07, 2016, 05:00:51 PM
 #595

I am managing my money since childhood.  I am good for that aspect. Everything my parents gave to me, I was able to kept it in my piggy bank before. And until now I am able to keep a portion of what I have earned.

Keeping a money is very an ideal characteristics of every individual. 

The basic thing of managing your money in a good way is patience, when you get the money don't just spend them on the things that you don't really need but you just want them, and save something out of that you that you can use them for something better in future.

That is one way of managing your money. Also, the other way is putting them to work or investing them so they can earn more money. I believe that managing money is not just making ends meet or saving. It also includes using them to make more money. Earning more makes its easier to make some savings or make ends meet.
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September 07, 2016, 09:36:20 PM
 #596

Well, the best way to manage your own money is to have an efficient plan on what you are going to buy, and buy only what you really need. It seems something simple, but this actually works.
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September 07, 2016, 10:57:23 PM
 #597

Best way to manage money is buy a very important things that we need everyday like food. And do nit waste your money to things that you do not need because money now is very important so we need to manage it wisely for our future and do keep a small amount for our savings. To earn money in the future.

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September 08, 2016, 03:33:39 AM
 #598

I am managing my money since childhood.  I am good for that aspect. Everything my parents gave to me, I was able to kept it in my piggy bank before. And until now I am able to keep a portion of what I have earned.

Keeping a money is very an ideal characteristics of every individual. 

The basic thing of managing your money in a good way is patience, when you get the money don't just spend them on the things that you don't really need but you just want them, and save something out of that you that you can use them for something better in future.

That is one way of managing your money. Also, the other way is putting them to work or investing them so they can earn more money. I believe that managing money is not just making ends meet or saving. It also includes using them to make more money. Earning more makes its easier to make some savings or make ends meet.

You have a point , you could maximize your saving or money to make  more money just  like  on having investments and it could possibly  make your   money grows and  and  it would be helpful again to save more money but still  we should remember  that investments  have risk on losing money.
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September 08, 2016, 03:40:38 AM
 #599

It is not easy to manage a limited amount of money, but if you are a wise person, or try to be, it would be more easy for you to manage your own money. My advice is just save some part of it and don't waste money on things that is not really needed or not important.

Actually even if you have limited resources, that's the best way to test your skills in budgeting and managing your finances, you would always come up with an idea to make money and to manage it...

Well, the best way to manage your own money is to have an efficient plan on what you are going to buy, and buy only what you really need. It seems something simple, but this actually works.

If you divide your money into many parts and one part of it is for saving and the rest for your needs, that would really work if you religiously spent money according to plan...  Smiley

Best way to manage money is buy a very important things that we need everyday like food. And do nit waste your money to things that you do not need because money now is very important so we need to manage it wisely for our future and do keep a small amount for our savings. To earn money in the future.

Appreciating the value of your hard earned money is also good way to make you think first before spending your money...  Smiley
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September 08, 2016, 03:54:44 AM
 #600

I am managing my money since childhood.  I am good for that aspect. Everything my parents gave to me, I was able to kept it in my piggy bank before. And until now I am able to keep a portion of what I have earned.

Keeping a money is very an ideal characteristics of every individual. 

The basic thing of managing your money in a good way is patience, when you get the money don't just spend them on the things that you don't really need but you just want them, and save something out of that you that you can use them for something better in future.

That is one way of managing your money. Also, the other way is putting them to work or investing them so they can earn more money. I believe that managing money is not just making ends meet or saving. It also includes using them to make more money. Earning more makes its easier to make some savings or make ends meet.

You have a point , you could maximize your saving or money to make  more money just  like  on having investments and it could possibly  make your   money grows and  and  it would be helpful again to save more money but still  we should remember  that investments  have risk on losing money.
Every good investors knows the risk in investment, therefore they do not easily fall into the trap of an investment that has a so good to be true return, in addition when we invest no matter how confident we are we should always consider limiting our investment and should be the amount that we can afford to lose.

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