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Author Topic: Best way to manage money?  (Read 61059 times)
goldcoinminer
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September 01, 2016, 08:25:32 AM
 #541

First of all a budget is number 1, write down everything you NEED to pay per month like groceries bills etc, after that you can see much you'll have left after basics needs. Whats left of the money you can decide how much to save and how much to spend on extra's
That is necessary, you have to right it on paper because that is your guide to be successful in managing your money, that is a training ground for you if you are planning on starting up a business in the future as once you are successful with it you will have a great chance to succeed with your business also.
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September 01, 2016, 08:53:11 AM
 #542

First of all a budget is number 1, write down everything you NEED to pay per month like groceries bills etc, after that you can see much you'll have left after basics needs. Whats left of the money you can decide how much to save and how much to spend on extra's

I do it the other way around. I determine how much I want to save first, then fix my budget. It is budget is equal to salary less savings. This way I can make sure that I have savings intact. If my allowance is not enough, I am forced to work more so I can earn more.
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September 01, 2016, 09:02:45 AM
 #543

First of all a budget is number 1, write down everything you NEED to pay per month like groceries bills etc, after that you can see much you'll have left after basics needs. Whats left of the money you can decide how much to save and how much to spend on extra's

I do it the other way around. I determine how much I want to save first, then fix my budget. It is budget is equal to salary less savings. This way I can make sure that I have savings intact. If my allowance is not enough, I am forced to work more so I can earn more.
Regardless of your method as long as it is effective to you then you go for it, what matters in the end is we were able to save because without savings we will have having a hard time to manage the problem once we are put in a bad situation of desperate needs of money in the future.

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September 01, 2016, 09:10:25 AM
 #544

First of all a budget is number 1, write down everything you NEED to pay per month like groceries bills etc, after that you can see much you'll have left after basics needs. Whats left of the money you can decide how much to save and how much to spend on extra's
use this as your principle :

1 . buy what you need
2 . give what is right
3 . save what you can

and enjoy what is left , usually people buying something not really needed , giving away in wrong time and finally can not save money even a cent!

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diodio5
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September 01, 2016, 10:16:10 AM
 #545

First of all a budget is number 1, write down everything you NEED to pay per month like groceries bills etc, after that you can see much you'll have left after basics needs. Whats left of the money you can decide how much to save and how much to spend on extra's
yeah I usually write down all expenditures and receipts money that I get and I write it into a paper so that I could figure out which part should i fix so I can be more efficient and I can save a lot of money well. it is helping to revise my manage money
oceanriver
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September 01, 2016, 01:38:00 PM
 #546

First of all a budget is number 1, write down everything you NEED to pay per month like groceries bills etc, after that you can see much you'll have left after basics needs. Whats left of the money you can decide how much to save and how much to spend on extra's

I do it the other way around. I determine how much I want to save first, then fix my budget. It is budget is equal to salary less savings. This way I can make sure that I have savings intact. If my allowance is not enough, I am forced to work more so I can earn more.
though those money might not be enough then in my opinion, i dont think it is a good way of managing money though im not good at it too
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September 03, 2016, 04:51:34 PM
 #547

What you really need is planning, real research and also discipline, these are key elements. If you have it,
you certainly will not have major problems in the future for your investments, and it may increase the chances of being rewarded.
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September 03, 2016, 05:18:08 PM
 #548

Just keep on your mind that it's hard to earn money and you must save and manage your money everytime, so you have saving and maybe you can have an investment too.
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September 03, 2016, 05:39:35 PM
 #549

Just keep on your mind that it's hard to earn money and you must save and manage your money everytime, so you have saving and maybe you can have an investment too.

Yes you are correct, let us value every cents of what we earn.  That was my late realization of money.  I earned a lot before but I was so materialistic that I got too bored with my job and quit.  I never have any savings and ended up wasting my backpay.  That was really awful.  I never think about my future or retirement.  Now, I am up for this saving and investing thing.  I will rock it!
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September 03, 2016, 06:29:29 PM
 #550

First thing we need to do is planning,how much is our expenses and try to just limit them and have plans to save money in the start and when enough money is collected need to invest them.We need to stay away from bad habits like gambling or drinking because with this we can loose our money very quickly and managing will be very difficult.
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September 03, 2016, 06:41:55 PM
 #551

First thing we need to do is planning,how much is our expenses and try to just limit them and have plans to save money in the start and when enough money is collected need to invest them.We need to stay away from bad habits like gambling or drinking because with this we can loose our money very quickly and managing will be very difficult.
Yeah your right you should do a plan to manage your money so that you can save a good money you should calculate all of your expenses and your right limit your self. so that you can get idea how you can save a good amount.. but honestly i dont recommend to invest it better to just save it than investing it that we dont know if it will increase or will lose..
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September 04, 2016, 08:49:39 AM
 #552

the problem is we never want to manage it, we have plan to manage but we never do it.
in my pocket i installed android aplication called moneylover, im use it for manage each transaction of my daily needs.

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September 04, 2016, 09:40:34 AM
 #553

Just keep on your mind that it's hard to earn money and you must save and manage your money everytime, so you have saving and maybe you can have an investment too.
yeah earn money is a difficult thing. so stop doing waste. start by saving money for your future? I'm sure you'll be able to do it ?

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September 04, 2016, 09:46:26 AM
 #554

Just keep on your mind that it's hard to earn money and you must save and manage your money everytime, so you have saving and maybe you can have an investment too.
yeah earn money is a difficult thing. so stop doing waste. start by saving money for your future? I'm sure you'll be able to do it ?
Yeah right almost everything job even online are hard thing to earn money.. so dont stay in one place or dont stay in one job so collecting bitcoin online can help you to increase your savings daily while you are earnings in your day job just use your day job earnings instead the bitcoin for your future..

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September 04, 2016, 05:44:26 PM
 #555

Just keep on your mind that it's hard to earn money and you must save and manage your money everytime, so you have saving and maybe you can have an investment too.
yeah it is really hard to earn any good money with bitcoins to be honest, i think that it would be way better to save up all your money in an offline wallet and thats it
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September 04, 2016, 06:40:27 PM
 #556

The owner of the money is the main person who is managing money.

I think that there is now way to save money if you are a person who don't cares about his/her pocket. Control and limit yourself in using money, don't buy something that is expensive and don't smoke Cheesy

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September 05, 2016, 04:24:28 PM
 #557

I think the best way for you to manage your funds is to have a good plan on what you're going to buy and, of course, only buy what you really need. It may be seen as something simple, but it works and can save you a considerable amount of money.
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September 05, 2016, 04:31:36 PM
 #558

I think the best way for you to manage your funds is to have a good plan on what you're going to buy and, of course, only buy what you really need. It may be seen as something simple, but it works and can save you a considerable amount of money.
The best way is dont spend and always save your earnings for your future..
Or invest to your business like start your own blogging that you can manage it for a long time and if your site is well know you will earn a lots of  earnings..
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September 05, 2016, 04:54:45 PM
 #559

The owner of the money is the main person who is managing money.

I think that there is now way to save money if you are a person who don't cares about his/her pocket. Control and limit yourself in using money, don't buy something that is expensive and don't smoke Cheesy

Lol smoking actually does not need that much money (i'm not a smoker, btw) but maybe it would be better if someone save that amount instead of smoking it, and as you said for managing your money and saving some out of it you must have control on yourself so that you dont spend anything for the things that you dont actually need.
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September 05, 2016, 07:05:43 PM
 #560

I think the best way for you to manage your funds is to have a good plan on what you're going to buy and, of course, only buy what you really need. It may be seen as something simple, but it works and can save you a considerable amount of money.
The best way is dont spend and always save your earnings for your future..
Or invest to your business like start your own blogging that you can manage it for a long time and if your site is well know you will earn a lots of  earnings..

Don't spend? Well it's impossible you don't have to spend as we all have daily spendings.

Also it depends on the salary or income that we receiving in regular basis. We can make lots of success on managing our money if our source of income is fixed and stable.

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