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Author Topic: Best way to manage money?  (Read 61062 times)
lienfaye
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April 03, 2016, 05:21:39 AM
 #81

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.

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armansolis593
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April 03, 2016, 05:41:50 AM
 #82

Well the way to save money comes from our education at home,usually we follow our fathers steps.One thing is sure you need to know how much you spend each month,and then you must balance and see where you can save .

Education from childhood will really help a person to save money,having a role model when you grow up teaching you the importance of saving will help a person to save.
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April 03, 2016, 06:39:16 AM
 #83

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.
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April 03, 2016, 06:46:34 AM
 #84

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.
I think the depositary bank is quite nice, but that you keep your money in the bank, it will continue to decrease each month, because the administrative costs of the bank,
I prefer to save in bitcoin wallet no any admistrative cost

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April 03, 2016, 07:05:18 AM
 #85

Well the way to save money comes from our education at home,usually we follow our fathers steps.One thing is sure you need to know how much you spend each month,and then you must balance and see where you can save .

Education from childhood will really help a person to save money,having a role model when you grow up teaching you the importance of saving will help a person to save.

It really helps if you have been educated by your parents to save money in your younger days,and as you grow up you will learn how important money is.
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April 03, 2016, 08:32:22 AM
 #86

Well the way to save money comes from our education at home,usually we follow our fathers steps.One thing is sure you need to know how much you spend each month,and then you must balance and see where you can save .

Education from childhood will really help a person to save money,having a role model when you grow up teaching you the importance of saving will help a person to save.

It really helps if you have been educated by your parents to save money in your younger days,and as you grow up you will learn how important money is.

very good point.
thinking back i realize that i have leaned the value of money from my younger age when i was a kid. and now i really appreciate the money i have and i think that is why i have this much and never blow it off on stupid things.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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April 03, 2016, 07:41:06 PM
 #87

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.

Many people using cards for shoping and they wasting more than puting on it. Bank it's not best way for maneging money i think.

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April 03, 2016, 09:46:21 PM
 #88

Well bitcoin can be one way as they offer plans around 1 year to 3 or 5 years of savings plans which you cant reverse,and if you do you will loose money instead getting more.The thing to save money has to be your concern to have something ready for an emergency otherwise you may face the worse moments at your life.
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April 04, 2016, 12:46:46 AM
 #89

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.

Many people using cards for shoping and they wasting more than puting on it. Bank it's not best way for maneging money i think.
in our country bank is the best place to maneging money or saving them those bank dan't have credit card and when you save money every year they add some % in you fund so you can say like a little investing but it is 5% or lower but your money is safe and you can withdraw anytime you like.
but you need to go to that bank and that will help you manege your money very well.

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April 04, 2016, 01:36:54 AM
 #90

Pay off your debts first especially those who earn interest. They will kill any plans you have to manage your money. Then you can divide your money to savings, daily expenses and other expenses. Whatever percentage you came up to, stick to it. Discipline yourself to strictly follow your plan. That's the only advice I can give.
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April 04, 2016, 04:52:08 AM
 #91

Managing money in the right way is tricky and eludes most people as they can't decide where to put it into what at any given time. Whether that be into house repairs, entertainment or just into savings.
I prefer to say save as much as you can after all the bills have been paid off. That insures you have something left over at the end of the month so you can spend on the things that you need not want.

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April 04, 2016, 09:01:57 AM
 #92

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.
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April 04, 2016, 10:03:34 AM
 #93

One part of managing our money well is to control our purchased products or goods at home. At least 30% of the whole of our money are used by purchasing goods. It does effect in our plan to manage our money.

What I mean here? Learn the factors of comparing quantity over quality or vice versa.

Lots of merchant competition are happening worldwide so you have different option and will not just engaged to a single or famous brand.

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April 04, 2016, 10:12:00 AM
 #94

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.


 
 
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April 04, 2016, 02:07:47 PM
 #95

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.
I thought it was a good idea considering the bank is safe enough to save. they are the centralization of course they will do their best for the user.
in addition you can also get the interest of the bank. so you can still make a profit from the deposit money in the bank
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April 05, 2016, 03:23:11 AM
 #96

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.

IMO, it's better to have a simple lifestyle all thru out your life...If today your salary is very small and you eat one boiled potato, and the next time you have a job you have a higher salary, you should still eat a boiled potato, even if you get richer, your lifestyle should not come along with your salary..That's what I think the best way to manage money...
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April 05, 2016, 04:05:01 AM
 #97

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.

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April 05, 2016, 04:22:26 AM
 #98

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.
Unless your interest rates are outpacing inflation, it's better to put your money somewhere else. For most places, it has to be >1% in order for the investment to outpace inflation and make a profit.

If you've more interested in keeping your money safe, regardless of any loss, then a bank is for you.
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April 05, 2016, 05:00:17 AM
 #99

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.
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April 05, 2016, 06:49:48 AM
 #100

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 should be able to resist the urge dude. buy something that is required is more preferred!
but it does not matter if you have a large income Cheesy you can recover it easily Cheesy

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