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Author Topic: Best way to manage money?  (Read 61064 times)
livinglegend
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September 20, 2016, 07:07:36 PM
 #701

It is not easy to manage a  limited amount of money, but if you are  a wise person, or try to be , it would be more easy  for you to manage  your own money. My advice  is just save some part of it  and do not waste money  on things that is not really  needed or not important...
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September 21, 2016, 01:11:24 AM
 #702

for me the best way to manage money is to invest,not just investment but also keep records of the flow of money.
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September 21, 2016, 01:50:54 AM
 #703

for me the best way to manage money is to invest,not just investment but also keep records of the flow of money.
Not just to invest you need to think before you spend your money, only buy your needs and avoid buying your wants if not necessary, and to have regular savings will makes your money grow in the future.
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September 21, 2016, 02:22:40 AM
 #704

Have a list of all your expenses for the month.  Have savings account and regularly save.  Be frugal.  Avoid discounts and sales on malls.
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September 21, 2016, 03:23:26 AM
 #705

for me the best way to manage money is to invest,not just investment but also keep records of the flow of money.
Not just to invest you need to think before you spend your money, only buy your needs and avoid buying your wants if not necessary, and to have regular savings will makes your money grow in the future.
Sometimes we ran out of budget because we do not have the right discipline to save, it is not that easy to save but we need to. Just think always of the future because we can never have stable job for the rest of our life, there are times that our body will become sick or problem with the economy so it is good if you have a savings to spend in times of trouble.

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September 21, 2016, 03:35:28 AM
 #706

Have a list of all your expenses for the month.  Have savings account and regularly save.  Be frugal.  Avoid discounts and sales on malls.

It is easy to say that but it is really hard.  I am okay with the list you stated but I am sure you will be frustrated after you find out all the expenses you made on your list.  I have done it and since then I do not do it anymore.  It turned out that I needed an extra income because of the result I saw. 
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September 21, 2016, 09:20:40 AM
 #707

Have a list of all your expenses for the month.  Have savings account and regularly save.  Be frugal.  Avoid discounts and sales on malls.

It is easy to say that but it is really hard.  I am okay with the list you stated but I am sure you will be frustrated after you find out all the expenses you made on your list.  I have done it and since then I do not do it anymore.  It turned out that I needed an extra income because of the result I saw. 
You do not need to go to the mall because that will only tempt you to buy things you want, although you have already a great plan but when you are not taking that seriously you cannot implement your plan and you will not be successful in managing your money the right way.

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September 21, 2016, 12:07:58 PM
 #708

Have a list of all your expenses for the month.  Have savings account and regularly save.  Be frugal.  Avoid discounts and sales on malls.

It is easy to say that but it is really hard.  I am okay with the list you stated but I am sure you will be frustrated after you find out all the expenses you made on your list.  I have done it and since then I do not do it anymore.  It turned out that I needed an extra income because of the result I saw. 

Just take note of that important things that needs for spendings e.g bills, foods and any other basic needs.

Misc things will take care later depends on the remaining money. If there's a case that people reached the insufficient ammo status then maybe maximizing the source of income will be great.

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Noctis Connor
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September 21, 2016, 12:20:02 PM
 #709

The best way to manage  money is create plan to avoid waste, and also your power of  will is really needed to controll  yourself. With this two simple  steps i am managing my money.
Creating plan wont help you to manage your money well there are chance that your money are get wasted because of your plan and you will out of control once you ivisited on gambling website or real gambling it is very easy to lose money just dont spent too much every day thats it.
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September 21, 2016, 01:35:18 PM
 #710

The best way to manage  money is create plan to avoid waste, and also your power of  will is really needed to controll  yourself. With this two simple  steps i am managing my money.
Creating plan wont help you to manage your money well there are chance that your money are get wasted because of your plan and you will out of control once you ivisited on gambling website or real gambling it is very easy to lose money just dont spent too much every day thats it.
I could not agree for more on your statement, I believe that investing in a gambling sites is very safe and profitable. As long as you have a plan to diversify your investment because gambling in overall are very profitable if you are siding with the house.

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September 21, 2016, 01:39:12 PM
 #711

for me the best way to manage money is to invest,not just investment but also keep records of the flow of money.
Not just to invest you need to think before you spend your money, only buy your needs and avoid buying your wants if not necessary, and to have regular savings will makes your money grow in the future.
Sometimes we ran out of budget because we do not have the right discipline to save, it is not that easy to save but we need to. Just think always of the future because we can never have stable job for the rest of our life, there are times that our body will become sick or problem with the economy so it is good if you have a savings to spend in times of trouble.

people usually run out of budget only because of two reasons:

1) something unexpected happens to them that causes them to be forced to spend more than their planned budget like a disease that needs hospitalization or anything emergency and similar but unexpected.

2) they are wasteful. i have seen so many grown up people with grey hair that still don't know how to spend their money. you have to spend based on what you earn not based on your dream earning!

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September 21, 2016, 02:14:48 PM
 #712

The best way to manage  money is create plan to avoid waste, and also your power of  will is really needed to controll  yourself. With this two simple  steps i am managing my money.
Creating plan wont help you to manage your money well there are chance that your money are get wasted because of your plan and you will out of control once you ivisited on gambling website or real gambling it is very easy to lose money just dont spent too much every day thats it.
I could not agree for more on your statement, I believe that investing in a gambling sites is very safe and profitable. As long as you have a plan to diversify your investment because gambling in overall are very profitable if you are siding with the house.
invest in gambling site always profitable but it's back big or not, a gambling site where you invest, I was quite concerned when we put money on new gambling sites.

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September 21, 2016, 04:56:48 PM
 #713

The best way to manage  money is create plan to avoid waste, and also your power of  will is really needed to controll  yourself. With this two simple  steps i am managing my money.
Creating plan wont help you to manage your money well there are chance that your money are get wasted because of your plan and you will out of control once you ivisited on gambling website or real gambling it is very easy to lose money just dont spent too much every day thats it.
I could not agree for more on your statement, I believe that investing in a gambling sites is very safe and profitable. As long as you have a plan to diversify your investment because gambling in overall are very profitable if you are siding with the house.
invest in gambling site always profitable but it's back big or not, a gambling site where you invest, I was quite concerned when we put money on new gambling sites.

I agree with you, because i like gambling so thats why i prefer to play gambling, but i know majority persons don't agree with us, Because i saw in gambling discussion, mostly members not suggest to play the gambling, But i suggest to play gambling because i play only for fun not make profit.
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September 21, 2016, 07:38:10 PM
 #714

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 btc.
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September 22, 2016, 12:51:27 PM
 #715

I think the best way to manage  your money is having power of will,you  must be like a rock and spend  your money  only if you need, the money must to be managed in a way  that useless wasting never happens. For this  you need, of course, a good plan.
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September 22, 2016, 01:27:13 PM
 #716

I think the best way to manage  your money is having power of will,you  must be like a rock and spend  your money  only if you need, the money must to be managed in a way  that useless wasting never happens. For this  you need, of course, a good plan.
that's actually the problem,people can't hold to spend it especially if they're carrying a lot of money,they will always want to spend it for such useless thing that actually make them broke at the end,if they could just hold this behaviour,then they can manage money very well

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September 22, 2016, 01:29:47 PM
 #717

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 btc.
Thats nice you are saving money for future emergency purposes and it is good because if you need something you can withdraw money instantly and you can pay your bill in hospital if needed and medecine also i love saving money where i can use it on my daily to use
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September 22, 2016, 02:45:41 PM
 #718


Yes you are right it might be better not to use a credit card because it is very difficult to repay. If you're rich may be able to use credit cards but if barely fit better not to use because it is very risky. To manage the money in my opinion quite reserving 30% of income for long-term savings, it would be useful for long-term savings.
bamboylee
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September 22, 2016, 03:50:14 PM
 #719

Have a list of all your expenses for the month.  Have savings account and regularly save.  Be frugal.  Avoid discounts and sales on malls.

It is easy to say that but it is really hard.  I am okay with the list you stated but I am sure you will be frustrated after you find out all the expenses you made on your list.  I have done it and since then I do not do it anymore.  It turned out that I needed an extra income because of the result I saw. 

That is the way it is. If you cannot limit your expenses and your salary is not enough, you have to find a new job that pays higher or supplement your income with part time jobs. I also am like that. All I spend is necessities but my income is not yet enough. Luckily the gig in signature campaign give some income to supplement what I earn.
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September 22, 2016, 04:11:53 PM
 #720

Have a list of all your expenses for the month.  Have savings account and regularly save.  Be frugal.  Avoid discounts and sales on malls.

It is easy to say that but it is really hard.  I am okay with the list you stated but I am sure you will be frustrated after you find out all the expenses you made on your list.  I have done it and since then I do not do it anymore.  It turned out that I needed an extra income because of the result I saw. 

That is the way it is. If you cannot limit your expenses and your salary is not enough, you have to find a new job that pays higher or supplement your income with part time jobs. I also am like that. All I spend is necessities but my income is not yet enough. Luckily the gig in signature campaign give some income to supplement what I earn.

Sig campaigns dont give a lot. Yes it is an addition to an income but for me it is more of an addition to my capital to trade. I mostly felt my income there. Huge amount of coins in just minutes sometimes.

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