Mastsetad
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September 29, 2016, 09:12:45 AM |
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Minimize your spending and maximize your savings, that'st the only way to manage your money and you do not need to make other method as that is just very simple.
Exactly, and for minimizing the spendings someone would have to keep control on himself because mostly people spend their money on useless things when they have the money in hands and later on they realize they shouldn't do it, so the trick would be not to buy anything that is not necessary for you at that moment and you will minimize your spendings in that way, and if you minimize your spendings your savings will automatically be maximized.
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praprata
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September 29, 2016, 09:22:03 AM |
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I think that you should save your money, cutting your spendings by only buying what you need. I think that's a better way to manage your money.
Managing money is difficult to do either way even cutting your spending is difficult because usually when you don't save it means you either dont earn enough to save or you live too luxury and to give up that luxury is kind of difficult to do I can imagine.
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phreaky
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September 29, 2016, 09:22:04 AM |
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I think the best way to manage money is to really check where your money is going to write down every month how much you earn and what and where you spend it at then the month after that you can check what spendings you can cut and safe that.
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TastyChillySauce00
Legendary
Offline
Activity: 2982
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
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September 29, 2016, 11:35:07 AM |
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Minimize your spending and maximize your savings, that'st the only way to manage your money and you do not need to make other method as that is just very simple.
Simple? It just sounds easy but you can't applied to that to every person here since we all have different earnings and status of living in our life. Learn all those things first around the money status of a person or family to be able to know how uch they will save because only themselves will know the appropriate answer. LOL that's right,advising is easy but doing is kind of hard thing,every person have various and different life and not everyone can do that thing easily,if a person is already doing minimize the spending but still can't saving then it's will become a problem for that logic that he's saying simple
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SilverPunk
Sr. Member
Offline
Activity: 350
Merit: 250
The Blockchain Evolution of Prediction Markets
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September 29, 2016, 11:54:37 AM |
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Minimize your spending and maximize your savings, that'st the only way to manage your money and you do not need to make other method as that is just very simple.
Simple? It just sounds easy but you can't applied to that to every person here since we all have different earnings and status of living in our life. Learn all those things first around the money status of a person or family to be able to know how uch they will save because only themselves will know the appropriate answer. LOL that's right,advising is easy but doing is kind of hard thing,every person have various and different life and not everyone can do that thing easily,if a person is already doing minimize the spending but still can't saving then it's will become a problem for that logic that he's saying simple Agree ! Implementing it is the biggest problem you encounter. It is easy to say that you do it but if you are in actual you cant seem that you can do it or you are lazy to do it. But if you are really eager to do that thing then you could do that. Just thing they can do that thing so why not i cant do that thing?
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goldcoinminer
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September 29, 2016, 12:49:35 PM |
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Minimize your spending and maximize your savings, that'st the only way to manage your money and you do not need to make other method as that is just very simple.
Simple? It just sounds easy but you can't applied to that to every person here since we all have different earnings and status of living in our life. Learn all those things first around the money status of a person or family to be able to know how uch they will save because only themselves will know the appropriate answer. LOL that's right,advising is easy but doing is kind of hard thing,every person have various and different life and not everyone can do that thing easily,if a person is already doing minimize the spending but still can't saving then it's will become a problem for that logic that he's saying simple Agree ! Implementing it is the biggest problem you encounter. It is easy to say that you do it but if you are in actual you cant seem that you can do it or you are lazy to do it. But if you are really eager to do that thing then you could do that. Just thing they can do that thing so why not i cant do that thing? That's really the reality mate, sometimes we are easily tempted to buy things that we see because we though that we need those things and just when we realize that it is not really our needs when we are in desperate need of money.
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danherbias07
Legendary
Online
Activity: 3122
Merit: 1119
Leading Crypto Sports Betting & Casino Platform
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September 29, 2016, 01:32:17 PM |
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I think the best way to manage money is to really check where your money is going to write down every month how much you earn and what and where you spend it at then the month after that you can check what spendings you can cut and safe that.
I think I have a problem with that. Even if I do write down every single bill and every item that I buy for my groceries I cant seem to follow it. There is this items sometimes that you have seen for the first time or you like and that will make the budget disordered.
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Noctis Connor
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September 29, 2016, 01:59:24 PM |
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Making a budget is a very nice way of managing your money I don't know any other way actually so I might not be the best to ask. But so far it's been working out great for me I know how much i NEED every month and how much i have left.
Very true now i am managing my budget every week so that i can manage how much money i will going to put on my bank for my future career and other purposes for me i am going to make a list every thing that i need in 1 week then check the price if that is really a cheap that you could use that and it will never use .
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bamboylee
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September 29, 2016, 03:01:39 PM |
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Minimize your spending and maximize your savings, that'st the only way to manage your money and you do not need to make other method as that is just very simple.
Even the simplest thing can fail if you do not have the discipline to regularly do it. And this method works for those who have large enough salary but not to those who have merely enough salary for food.
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Kvazimoda
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October 02, 2016, 05:52:11 PM |
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Minimize your spending and maximize your savings, that'st the only way to manage your money and you do not need to make other method as that is just very simple.
Even the simplest thing can fail if you do not have the discipline to regularly do it. And this method works for those who have large enough salary but not to those who have merely enough salary for food. These tips are correct. And there's one piece of advice - you need to look for additional passive income. For example invest part of the funds in which realties projects
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vero
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October 02, 2016, 06:25:41 PM |
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I think that you should save your money, cutting your spendings by only buying what you need. I think that's a better way to manage your money.
Managing money is difficult to do either way even cutting your spending is difficult because usually when you don't save it means you either dont earn enough to save or you live too luxury and to give up that luxury is kind of difficult to do I can imagine. the desire to live in luxury will make us have a problem in terms of managing money because of the lifestyle will never run out if you want to follow it and of course the dream of having a better life in the future will be only futile.
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socks435
Legendary
Offline
Activity: 2016
Merit: 1030
Privacy is always important
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October 02, 2016, 06:34:14 PM |
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I think that you should save your money, cutting your spendings by only buying what you need. I think that's a better way to manage your money.
Managing money is difficult to do either way even cutting your spending is difficult because usually when you don't save it means you either dont earn enough to save or you live too luxury and to give up that luxury is kind of difficult to do I can imagine. the desire to live in luxury will make us have a problem in terms of managing money because of the lifestyle will never run out if you want to follow it and of course the dream of having a better life in the future will be only futile. Well if you are high dreaming person you can be reach your goal in your life for your future.. you should sacrifice and be a hard worker is the solution until you get your goal in the future.. if you can be a hard worker you can be rich in the future..
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Solving blocks can't be solved without my rigs.
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th3nolo
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October 02, 2016, 09:00:17 PM |
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You need to have rules. 1. Do not spend money you need (Pay bills,tax, ect) 2.- Investigate what you want to invest your money and spend (sometimes you will find scam, or better choices) 3.- If you can save some money just do it, more in this cryptoworld when sometimes coins can get better value over time 4.- always keep in mind what your priority before spending
Maybe these rules are not perfect but.. this could be few good tips in order to be a better manager
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diodio5
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October 02, 2016, 11:17:15 PM |
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You need to have rules. 1. Do not spend money you need (Pay bills,tax, ect) 2.- Investigate what you want to invest your money and spend (sometimes you will find scam, or better choices) 3.- If you can save some money just do it, more in this cryptoworld when sometimes coins can get better value over time 4.- always keep in mind what your priority before spending
Maybe these rules are not perfect but.. this could be few good tips in order to be a better manager
yeah maybe the rules will make you better. make a rule that you should limit your desire to shop. because the habit of many people is to shop with a very wasteful and it's very detrimental to them honestly. so make some sort of rules or a plan to get you to follow and run
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useless4
Sr. Member
Offline
Activity: 389
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
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October 03, 2016, 12:18:03 AM |
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I think that you should save your money, cutting your spendings by only buying what you need. I think that's a better way to manage your money.
Managing money is difficult to do either way even cutting your spending is difficult because usually when you don't save it means you either dont earn enough to save or you live too luxury and to give up that luxury is kind of difficult to do I can imagine. well yeah, it is really hard to be honest, though i think the best way is to actually save it all
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Mr. Big
Member
Global Moderator
Legendary
Offline
Activity: 2310
Merit: 1176
While my guitar gently weeps!!!
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October 03, 2016, 01:42:20 AM |
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You need to have rules. 1. Do not spend money you need (Pay bills,tax, ect) 2.- Investigate what you want to invest your money and spend (sometimes you will find scam, or better choices) 3.- If you can save some money just do it, more in this cryptoworld when sometimes coins can get better value over time 4.- always keep in mind what your priority before spending
Maybe these rules are not perfect but.. this could be few good tips in order to be a better manager
yeah maybe the rules will make you better. make a rule that you should limit your desire to shop. because the habit of many people is to shop with a very wasteful and it's very detrimental to them honestly. so make some sort of rules or a plan to get you to follow and run It would take time before you could practice all of those, but for sure it will have a great effect in you specially saving... The more you save, the more you could practice your other rules... In shopping, I think if you are working online, avoid checking everyday on online shops and deals which are sometimes tempting coz it's just a click away... In real life, just visit the supermarket atleast once a week and as much as possible roam only on groceries...
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arseaboy
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October 03, 2016, 02:44:40 AM |
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You need to have rules. 1. Do not spend money you need (Pay bills,tax, ect) 2.- Investigate what you want to invest your money and spend (sometimes you will find scam, or better choices) 3.- If you can save some money just do it, more in this cryptoworld when sometimes coins can get better value over time 4.- always keep in mind what your priority before spending
Maybe these rules are not perfect but.. this could be few good tips in order to be a better manager
if we can elaborate in our self the meaning of priority that can help us to save a lot because knowing how to say no in terms of physical luxury is the first thing that keeping us away from saving hahaha. so better to know it deeply and control in sense of saying saving a lot.
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chaser15
Legendary
Offline
Activity: 2688
Merit: 1065
Undeads.com - P2E Runner Game
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October 03, 2016, 03:20:40 AM |
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You need to have rules. 1. Do not spend money you need (Pay bills,tax, ect) 2.- Investigate what you want to invest your money and spend (sometimes you will find scam, or better choices) 3.- If you can save some money just do it, more in this cryptoworld when sometimes coins can get better value over time 4.- always keep in mind what your priority before spending
Maybe these rules are not perfect but.. this could be few good tips in order to be a better manager
1. You can't do that easily for those earners who just have enough sources. 2. Better forget this for those average joe. Think of maximizing their source of income too even without investment. 3. Not applicable for other crypto. Only for bitcoin. 4. A must and definitely a smarter way.
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Maslate
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October 03, 2016, 04:36:38 AM |
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The best way to manage your money is to know your goal, start always with savings because that is the most important thing to do when you are earning, without savings you cannot pursue for your future dreams like entering into investments opportunity.
Further, I just want to emphasize here that you cannot save if you do not know hot to manage your emotion, staying away from temptation is important for you not to buy useless things.
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mace15
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October 03, 2016, 05:08:10 AM |
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Best way to manage money is set a goal's in life. If you want to achieve something big in your life, set a goals what do you want to have. Set aside things that does not matter. Make priority on what to buy things, make an savings funds in case of emergency. Even though your income is low and your debts are high, establishing good habits when you're young can make all the difference.
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