Best way to manage money?

[DimensionZ]

My tips for managing money is to pay with a debit card instead of a credit card and to use a budget app on your phone or PC to help you track your expenses and what part of your salary goes to paying off which bill  or for entertainment, groceries etc. It's a convenient way of knowing exactly how much money you will be left with at the end of the month. Also it's better to keep a secret fund for rainy days because there will always be emergency situations and you won't need to take out loans to cover such unexpected expenses in a hurry.

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[joinal]

lastday i lose arround 0.4 at Etherum trade after this lose
i have plan to manage again my money/bitcoin

my plan i will withdraw 0.1 each week to my bank acc and save 0.1 each week to my Xapo vault

you should be able to divide your money appropriately, split between
1. investment money or the like and
2. the money to save
I usually share more in saving but it depends on your wish

[faridkifly]

in my opinion, managing money cannot be explained by the theory.
because in reality all run differently, not according to our expectations. 

[blackmachinegun]

the best way to manage money is seperate your money into some address or wallet. I mean like 1 wallet for gambling purpose, 1 wallet for your saving money and 1 wallet for emergency use.

Agree with you split multiple wallet by function will allow you to save bitcoin
if you want to make it that way. Of course you need an online wallet such as blockchain or something else
because this can not be implemented in desktop wallet ?

[plost24]

if you try to make many wallet like i do in coinbase i have 4 wallet one for gambling one for investing and one for saving money and the last one for neteller.
every time i got an amount i divice by 4 and every wallet i put in it some btc and that will let me not lose all my money in gambling i will always have btc in my wallets.

[bajing]

best way to manage money is only keep your money on bank account if you like to get passive income you can invest on gold or bitcoin because is the best investment right now.

[stromma44]

best way to manage money is only keep your money on bank account if you like to get passive income you can invest on gold or bitcoin because is the best investment right now.

Investing money in bitcoin seems pretty good at a moment and you can expect quick profits from it, whereas getting returns from gold will be time consuming.

[iqlimasyadiqa]

the best way to manage money is to put it in the bank. you will not lose money. and your money will be safe. you just need to divide it according to your needs.

[Daneric]

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?

Money management is fundamental in every persons's life. As long as you have any sort of income, you will definitely have expenses. It is good that one maintains a record of all the expenses expected Vs the income in order to effectively manage your money well. Therefore budgeting is key to any good money management system.

[greghansel89]

the best way to manage money is to put it in the bank. you will not lose money. and your money will be safe. you just need to divide it according to your needs.

Yeah putting it in the bank will secure your future and will be able to save so much money with picking on the one you need the most before you use your money.

[harizen]

Managing one's money is to save and organized the money that are meant for saving purposes.

Just enhanced and improve your money saving strategies and method. In that way you will able to managed your money well for spendings.

[gtglener]

the best thing is that calculate the total amount of incomes, spend half of them and save the remaining, when you achieve some amount invest about half of your saved money and keep the remaining for future financing of your business. So your wealth will grow up.

[ronaldinho_07]

Well at my house we made something like the expenses we get montly soo we have a balance of what we spend all months,and sure some of those money will  be invested and a part will go into savings.Soo you must know the expenses and balance your finances accordingly.

[Sithara007]

I would like to suggest a good opinion that is the proper planning and create a diary for maintaining our accounts. Firstly, we should go through the note daily. Secondly, try to reduce the use of credit cards. Moreover, invest our money wisely in shares and mutual funds.

[quentincole32]

in my opinion, managing money cannot be explained by the theory.
because in reality all run differently, not according to our expectations. 

i'm sure outhere so many books that teach us to manage money as well,but i dont know what book is that,just googling for it. in logical view,its maybe right,managing money is depending how much our need and life requirment for each person is totally different.

[CryingMidget]

in my opinion, managing money cannot be explained by the theory.
because in reality all run differently, not according to our expectations. 

Yeah you are right! but we can leave as it for this also because money is not stable thing to be with us only, You can have money in the form of bitcoin in paper or coldstorage.
In future you can use that money as retirement fund.

[makingwin1]

i think the best way to manage your money would be to just put it all into bitcoin and have no other currencies at all

that would surely be a great investment option and you would make a lot of money in the future because the price of the bitcoin will surely grow in the future really fast

[gerXhonza]

i think the best way to manage your money would be to just put it all into bitcoin and have no other currencies at all

that would surely be a great investment option and you would make a lot of money in the future because the price of the bitcoin will surely grow in the future really fast

Putting all your money in a single product will be very risky as we are not sure about the future of bitcoin so its better that we invest our money in different products to reduce risk.

[ronaldinho_07]

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 .

[Slark]

lastday i lose arround 0.4 at Etherum trade after this lose
i have plan to manage again my money/bitcoin

my plan i will withdraw 0.1 each week to my bank acc and save 0.1 each week to my Xapo vault

you should be able to divide your money appropriately, split between
1. investment money or the like and
2. the money to save
I usually share more in saving but it depends on your wish

Isn't it that people are usually use their saving money to invest? Most people has no comfort of saving good amount of money. It is either they invest 90% of money toprofit from investments.
Or earn very little. At least from my experience it seems like the case.