Best way to manage money?

[peta4e]

i have got too little money to think about managing them, too little to even bother spend. my salary is low, i'm just too suck to get something better. money, i just leave them be.

I think even if you only have a small salary or money is small. you still have to have manage money. so that your money is small it can be collected and you know bit by bit if you save regularly then you will save a lot of money
manage money is important

Yeah if you can save money from your little salary by making a budget, you will be good in managing money when your salary increases too, else you will spend all your money if you fail to make budget.

In my opinion, having little money is actually the hardest situation to manage money because you have many things to pay, while so few to spend. In this situation is where your decision-making is highly tested as you will be deciding which among your needs is top priority.

Sure when you don't have enough money things are hard. You can't consume nor can you safe.
But first think you need to do is to manage your cash flow by putting it in excel. Then try to get another job to earn more money.

Multiple jobs will give you additional income, so income that you are earning from part time job should be spend for basic expenses and the primary income should be untouched.

[GamingBro]

Take a personal finance class! It will teach you a lot about money, saving, spending, investing, etc...

Maybe better to go to university? Few years and he will know a lot about economics and also he will know how to make money and how to spend it.

[jerowacik]

the best way to manage bitcoin is a way to use it regularly. use bitcoin as a medium of payment in everyday situations. use bitcoin for all transactions you make. if there are leftovers do trading. you will get a profit out of here.

[NordicRanger]

Take a personal finance class! It will teach you a lot about money, saving, spending, investing, etc...

Maybe better to go to university? Few years and he will know a lot about economics and also he will know how to make money and how to spend it.

If you want to manage your money in a smart way than you have to be smart and not be greedy otherwise it wont be possible for you to manage your money in a smart way.
Of course you have to start with some saving money so you cant lose it and to earn money you have to make a nice investment to earn more money later.

[diodio5]

I think the best way to manage money is keep your money on bank account.
If you like to get passive income you can invest on bitcoin because it's a good investment right now.

But financial crisis proved that it is not the best way. For example in Cyprus many banks froze the invested money in them!

yeah whenever states could face monetary and financial crisis. especially with countries that have high debt Greek example. they have a very large debt. until they can not afford it and bankrupt. then you can not pull your money across from the bank? because they make a withdrawal limit at that time

[romero121]

Take a personal finance class! It will teach you a lot about money, saving, spending, investing, etc...

Maybe better to go to university? Few years and he will know a lot about economics and also he will know how to make money and how to spend it.

There are people who even after graduated from reputed university doesn't know to manage their income and expenses. It needs to be learned of their own following various people as well upon needs and living style.

[Jasad]

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?

The best way is safe a half,invest a half, its normal people doing with their money,your "cold" money should have good plan for investement and for for saving,its will help your life.

[Whosdaddy]

i have got too little money to think about managing them, too little to even bother spend. my salary is low, i'm just too suck to get something better. money, i just leave them be.

I think even if you only have a small salary or money is small. you still have to have manage money. so that your money is small it can be collected and you know bit by bit if you save regularly then you will save a lot of money
manage money is important

Yeah if you can save money from your little salary by making a budget, you will be good in managing money when your salary increases too, else you will spend all your money if you fail to make budget.

In my opinion, having little money is actually the hardest situation to manage money because you have many things to pay, while so few to spend. In this situation is where your decision-making is highly tested as you will be deciding which among your needs is top priority.

Sure when you don't have enough money things are hard. You can't consume nor can you safe.
But first think you need to do is to manage your cash flow by putting it in excel. Then try to get another job to earn more money.

Multiple jobs will give you additional income, so income that you are earning from part time job should be spend for basic expenses and the primary income should be untouched.

Nice, but I am trying the opposite to you, I have multiple jobs the primary and the side jobs, and I use the earnings from my primary job for my needs while I leave the earnings from the side jobs as untouched for my future use like after retirement kind of.

[DashCoinDark]

Take a personal finance class! It will teach you a lot about money, saving, spending, investing, etc...

Maybe better to go to university? Few years and he will know a lot about economics and also he will know how to make money and how to spend it.

There are people who even after graduated from reputed university doesn't know to manage their income and expenses. It needs to be learned of their own following various people as well upon needs and living style.

The best way to manage your money is that you have to make an investment and that you have to also save your money and that would be perfect for you.
And you have also to choose the right moment to sell it otherwise you are going to sell it too early and than you are losing some money.

[BitsandBites]

Best way to manage money is to look at how much you make and how much you have to pay, like bills and food. put that amount on the side now you have some money left take halve of that and put that aside so you can save that for emergencies. The rest of the money is for you to spend.

[n0ne]

Best way to manage money is to look at how much you make and how much you have to pay, like bills and food. put that amount on the side now you have some money left take halve of that and put that aside so you can save that for emergencies. The rest of the money is for you to spend.

In such a way if you manage the saving made is quite low as there is nothing fixed for the expenses. Spending without fixing a limit gives you good saving as well the difficulty in earning will make you happy.

[Boosterious]

nothing the best way to manage money,there only match way to manage money,your money and your life is yours,every people have different situation,so we have different way to manage money each others.

[ingenuity]

You can invest it on trusted sites, Or dump it in your walletits your choice of getting rid o it

[prtty2gal2]

the best way to manage bitcoin is a way to use it regularly. use bitcoin as a medium of payment in everyday situations. use bitcoin for all transactions you make. if there are leftovers do trading. you will get a profit out of here.

I agree with you, but with your advice a different thought came to my mind, suppose if we all use bitcoin for all of our needs for buying services and other shopping which is easily available on internet and other usage etc then we will not need to sell our coins and bitcoin value will be at a much height.

[znickelbackz]

i have got too little money to think about managing them, too little to even bother spend. my salary is low, i'm just too suck to get something better. money, i just leave them be.

I think even if you only have a small salary or money is small. you still have to have manage money. so that your money is small it can be collected and you know bit by bit if you save regularly then you will save a lot of money
manage money is important

Yeah if you can save money from your little salary by making a budget, you will be good in managing money when your salary increases too, else you will spend all your money if you fail to make budget.

In my opinion, having little money is actually the hardest situation to manage money because you have many things to pay, while so few to spend. In this situation is where your decision-making is highly tested as you will be deciding which among your needs is top priority.

Sure when you don't have enough money things are hard. You can't consume nor can you safe.
But first think you need to do is to manage your cash flow by putting it in excel. Then try to get another job to earn more money.

Multiple jobs will give you additional income, so income that you are earning from part time job should be spend for basic expenses and the primary income should be untouched.

Nice, but I am trying the opposite to you, I have multiple jobs the primary and the side jobs, and I use the earnings from my primary job for my needs while I leave the earnings from the side jobs as untouched for my future use like after retirement kind of.

you guys have got untouched idle money, how about investing them? bitcoin, stock, gold, estate,... you guys are type of stable, peaceful life, never dream of upgrading your living quality?

[Doms]

If you worry about managing your money, you could hire professional financial managers so would advise you where to put your wealth, what  other investments are available for you, and how are you going to be able to secure your money.

[diegz]

If you worry about managing your money, you could hire professional financial managers so would advise you where to put your wealth, what  other investments are available for you, and how are you going to be able to secure your money.

Well, that's true, if you are rich, you really need financial advisers...But if you only have enough money in the pocket and want to manage it, you can do it your own... Just list down all that you need, and  do the math...all your expenses must be written down, so the next time you receive your salary, you know which is to be cut in the list...

[pereira4]

A sure fire way to never go broke and keep making positive gains each month is to separate an amount of money that you use to store long term, then this money you never touch it, and you must have this money under an asset that has a lot of potential like bitcoin (right now you can never find a better way to store money long term), then you must lock those savings and keep adding more money monthly. It's a slow way to grow but in a year you will thank that you did it, and in 10 you will be rich if you have at least 20 BTC.

[Newcoins2020]

A sure fire way to never go broke and keep making positive gains each month is to separate an amount of money that you use to store long term, then this money you never touch it, and you must have this money under an asset that has a lot of potential like bitcoin (right now you can never find a better way to store money long term), then you must lock those savings and keep adding more money monthly. It's a slow way to grow but in a year you will thank that you did it, and in 10 you will be rich if you have at least 20 BTC.

Yeah some kind of fund is very helpfull indeed. I do this too to make sure if some problem occur I am always with money. Currenty i got 3 btc in it.

[Ulloa]

Investing with your money is always good because than you can also earn some more money later and that would be perfect.
But you have to also save some money if the investing is not doing well so please have always backup money otherwise you become poor.