harizen
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Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
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May 16, 2016, 12:59:44 PM |
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Get a list of the things that you will spend your money, and after creating it just simply follow it. If you can obey the simple list of to spend your money. Then you will become responsible and you can manage your money properly.
I will add to make some fund reserves too for miscellaneous things. Also note that all money managing techniques can't be easily follow if people doesn't have any financial source of income to make their money saving possible. |
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goldcoinminer
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May 17, 2016, 07:25:51 AM |
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Get a list of the things that you will spend your money, and after creating it just simply follow it. If you can obey the simple list of to spend your money. Then you will become responsible and you can manage your money properly.
I will add to make some fund reserves too for miscellaneous things. Also note that all money managing techniques can't be easily follow if people doesn't have any financial source of income to make their money saving possible. I agree with your statement, there are a lot of managing techniques out there and that is very helpful in managing our money but the problem I saw was people usually are undisciplined, they tend to be tempted to buy things not in their budget list. |
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Hirose UK
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May 17, 2016, 07:31:24 AM |
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what i do is that i always keep an emergency money in the bank with my bank card so it is always at hand for cases of emergency and each month i deduct my expenses and spend that money and if by any chance there is anything left over i would invest it, most probably in bitcoin.
I'm keen on this statement. it's not good to spend all of money we have. saving 1/4 of it or half money will help us in the future |
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ajun96
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May 17, 2016, 02:05:31 PM |
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The best way to manage your money is keep track of your cash flow, in that sense you can make an analysis on which portion of your income and spending the best way to adjust. If you can do that, you can now segregate your income by diversifying with different investment and your priority should be investing in bitcoins.
yeah The first is to analyze your income and your expenses you will know the flow of your money going in and out. then you can determine the amount for investment or other purposes. The most important is the analysis of out of the money. that's very important if your money is still residual then I would recommend to invest in bitcoin |
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mrhelpful
Legendary
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Activity: 1456
Merit: 1002
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May 17, 2016, 07:27:59 PM |
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The easiest way to breakdown management of money is in a persons cycle of life, of 2 major purchases.
Outside from the debt they currently have, which boils down to is a house, and a car.
Its up to the indivual to decide at the end of the day to be a renter, or a home owner same with the car scenario.
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zimmah
Legendary
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Activity: 1106
Merit: 1005
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May 17, 2016, 07:52:09 PM |
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the best way to manage money is to give it to your wife, or your mother, then they will do a management that does not even you thought, the way I do it, because if I were to manage my money, so the money will soon run out  in most cases this is a bad idea. most women can't handle money at all and they will burn through your money faster than you can earn it. |
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toy4lov3rs
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May 17, 2016, 09:49:15 PM |
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the best way to manage money is to give it to your wife, or your mother, then they will do a management that does not even you thought, the way I do it, because if I were to manage my money, so the money will soon run out in most cases this is a bad idea. most women can't handle money at all and they will burn through your money faster than you can earn it. Exactly if you give them money they will find different ways to spend it and nothing will be saved, so its better you find any safer way to manage your money. |
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diodio5
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May 17, 2016, 11:20:54 PM |
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Save your money, Try gambling, Try invest low ammount and if you are satisfy in your earning go run,before you losses on that game
gambling has always been a bad suggestion, because the risk are high. investment with low amount? investment require a large capital. Lol it was the worst advice I ever see? how can a person have to do to gambling can manage your finances well? gambling it will bring in a huge defeat. even until your money runs out and you will not be able to do manage money again. because your money has run out |
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jerelimZ
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May 17, 2016, 11:51:00 PM |
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Save your money, Try gambling, Try invest low ammount and if you are satisfy in your earning go run,before you losses on that game
gambling has always been a bad suggestion, because the risk are high. investment with low amount? investment require a large capital. Lol it was the worst advice I ever see? how can a person have to do to gambling can manage your finances well? gambling it will bring in a huge defeat. even until your money runs out and you will not be able to do manage money again. because your money has run out Yeah gambling can never be profitable in long run, and how can one expect to save money is gambling, that is the ridiculous thing to do I guess. |
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goldcoinminer
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May 18, 2016, 01:34:02 AM |
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Save your money, Try gambling, Try invest low ammount and if you are satisfy in your earning go run,before you losses on that game
gambling has always been a bad suggestion, because the risk are high. investment with low amount? investment require a large capital. Lol it was the worst advice I ever see? how can a person have to do to gambling can manage your finances well? gambling it will bring in a huge defeat. even until your money runs out and you will not be able to do manage money again. because your money has run out Yeah gambling can never be profitable in long run, and how can one expect to save money is gambling, that is the ridiculous thing to do I guess. Gambling will not give you anything to save and it might even ruin your saving plan. In gambling if you cannot manage properly you will end up spending all your money because you will chase whatever the amount you are losing. |
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Doms
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May 18, 2016, 01:42:40 AM |
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What I'm always trying to do is delay my gratification, so I could have some money in the future. We live in a day and age where we always feel the need for instant gratification. We want this, we want that, all in an instant, setting aside what is more important for our future. I think the influence of social media has a big role on how we manage our money. We must be smart enough to realize that there's more to spending everything we have now.
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boyptc
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May 18, 2016, 02:54:58 AM |
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Think before buying, and only buy the things that you need. Don't buy for the things that you only want.
Instead, buy for the things that you only need.
And if you got some savings then you can buy for the things you want.
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blackmachinegun
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May 18, 2016, 02:59:04 AM |
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If you have a stable income, the best formula that could work would be: Income less savings equals expenses. It's always a good thing to pay yourself first before spending on something else. Once you create this habit of saving, it will almost come naturally for you to do it, and investing would be the next step.
yeah of course expenditure should be less than the income that you get so the rest of your income. you can save it as an investment for the future. if you have the money to be saved in each month. Of course you can get a lot of money and you will be rich dude |
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boyptc
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May 18, 2016, 04:18:02 AM |
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If you have a stable income, the best formula that could work would be: Income less savings equals expenses. It's always a good thing to pay yourself first before spending on something else. Once you create this habit of saving, it will almost come naturally for you to do it, and investing would be the next step.
yeah of course expenditure should be less than the income that you get so the rest of your income. you can save it as an investment for the future. if you have the money to be saved in each month. Of course you can get a lot of money and you will be rich dude That's good if you can save money monthly or even weekly if you can, learn to save daily so that there is a progress and flow to your money. And it could teach you and help you to save daily. That means you are giving value to your money and you can learn to manage it properly. |
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ObscureBean
Legendary
Offline
Activity: 1148
Merit: 1000
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May 18, 2016, 05:27:15 AM |
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Budgeting helps but it needs to be backed by discipline and self-control. I have no problems planning ahead for essential stuff and sticking with it but it's a different story when it comes to savings/spare money at the end of the month. I'm a bit of an impulse buyer. For example, it might take me a lot longer than planned to save up money for a trip because I'm always using spare money to buy random stuff I come across on the web  |
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Wendigo
Legendary
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Activity: 2604
Merit: 1036
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May 18, 2016, 06:19:05 AM |
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I have installed a money-budgeting app on my smartphone to help with managing and saving money. It has made my life a lot easier because I can see at any time how much money I have spent already and how much I have left till the end of the month. Also I can allocate money to different categories like Groceries, Bills, Entertainment etc. and I can have a better control of what money goes where. And if I need to save some money for a trip or a new purchase I can follow my progress easily with such an app.
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arwin100
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May 18, 2016, 06:29:29 AM |
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In my opinion the best thing to manage money is separate the money for bills so it was intended only for bills,your daily use so you will not exceed to your limit by that you can control your money, and separate also the savings or make a graph so you would know where your money goes and also you can monitor that you are excess or not to your daily budget so you can have still money save in the future.
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bitcoinhopper
Sr. Member
Offline
Activity: 336
Merit: 250
Bravity is beautiful.
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May 18, 2016, 07:32:23 AM |
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Get a list of the things that you will spend your money, and after creating it just simply follow it. If you can obey the simple list of to spend your money. Then you will become responsible and you can manage your money properly.
I will add to make some fund reserves too for miscellaneous things. Also note that all money managing techniques can't be easily follow if people doesn't have any financial source of income to make their money saving possible. The best way to manage your money is that you have to be smart and you must also know that holding now the best option is for yourself if you want to make profit later in the future. So that would be perfect for them of course but the bad thing is that we cant predict it and is bad but saving money will also be nice. |
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aakashsangwan
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May 18, 2016, 07:57:56 AM |
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Making budget is a good idea as it keeps the record of money to be spent and using credit cards is something like losing your money. Banks make you pay more. One more thing that could be opted is investing money in parts that will help you to have secondary income without much risk.
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bamboylee
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May 18, 2016, 09:54:25 AM |
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Making budget is a good idea as it keeps the record of money to be spent and using credit cards is something like losing your money. Banks make you pay more. One more thing that could be opted is investing money in parts that will help you to have secondary income without much risk.
Yeah, it is better if you throw away your credit cards. It will just destroy your budget and the interest it bills when you missed a payment is too big. As much as possible avoid bad debts, it will carve away money from your budget. Save and then invest so you can be financially liberated. |
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