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Author Topic: Best way to manage money?  (Read 61064 times)
ikydesu
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October 24, 2016, 07:10:27 AM
 #861

today is digital era, we have computer and smartphone.
for me the best way to manage our money is using our smartphone/computer, to write any transaction, invest, saving, buying a needs, having fun etc.
so we will know our saving, our investing etc. and we can manage "the best proportion of our needs"

Yeah this is good idea. but back to personal itself, people bring their smartphone, using it everday, but mostly.. open facebook, instagram, ect.
Actually if you a developer it can be an opportunity, build a project which can manage money easy using 1 apps.
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October 24, 2016, 07:51:10 AM
 #862

today is digital era, we have computer and smartphone.
for me the best way to manage our money is using our smartphone/computer, to write any transaction, invest, saving, buying a needs, having fun etc.
so we will know our saving, our investing etc. and we can manage "the best proportion of our needs"

Yeah this is good idea. but back to personal itself, people bring their smartphone, using it everday, but mostly.. open facebook, instagram, ect.
Actually if you a developer it can be an opportunity, build a project which can manage money easy using 1 apps.
I like the idea as well and i also do it as i have made a file for my investement and expenses in my laptop and i update that once every day in the night time of how much i earned how much i spended on different things and that actually helping me now manage my money.
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October 24, 2016, 09:11:58 AM
 #863

today is digital era, we have computer and smartphone.
for me the best way to manage our money is using our smartphone/computer, to write any transaction, invest, saving, buying a needs, having fun etc.
so we will know our saving, our investing etc. and we can manage "the best proportion of our needs"

Thats true, it is really the best way to manage the money if you keep jotting down the expenditures or the savings you are doing after getting your salary, and at the end of the month you should see what you did with the money and how much you have saved, and if there is something you see should not be done you should skip it next time.
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October 24, 2016, 10:51:55 AM
 #864

today is digital era, we have computer and smartphone.
for me the best way to manage our money is using our smartphone/computer, to write any transaction, invest, saving, buying a needs, having fun etc.
so we will know our saving, our investing etc. and we can manage "the best proportion of our needs"

Thats true, it is really the best way to manage the money if you keep jotting down the expenditures or the savings you are doing after getting your salary, and at the end of the month you should see what you did with the money and how much you have saved, and if there is something you see should not be done you should skip it next time.

Yes, in the era of digital technology it is very convenient to manage your money. The main thing to have something to manage. I always write almost all their expenses. It is very convenient and allows you to distribute the funds properly

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October 24, 2016, 11:55:47 AM
 #865

today is digital era, we have computer and smartphone.
for me the best way to manage our money is using our smartphone/computer, to write any transaction, invest, saving, buying a needs, having fun etc.
so we will know our saving, our investing etc. and we can manage "the best proportion of our needs"

Thats true, it is really the best way to manage the money if you keep jotting down the expenditures or the savings you are doing after getting your salary, and at the end of the month you should see what you did with the money and how much you have saved, and if there is something you see should not be done you should skip it next time.

Having  awareness on your spendings  would  be a  great  move   for  you  in able to save money on  the partition  on  your salary . If you  know on how to spend  wisely on your  money and  you should   prioritize  important things first before  buying  anything else.

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October 24, 2016, 12:33:55 PM
 #866

today is digital era, we have computer and smartphone.
for me the best way to manage our money is using our smartphone/computer, to write any transaction, invest, saving, buying a needs, having fun etc.
so we will know our saving, our investing etc. and we can manage "the best proportion of our needs"

Thats true, it is really the best way to manage the money if you keep jotting down the expenditures or the savings you are doing after getting your salary, and at the end of the month you should see what you did with the money and how much you have saved, and if there is something you see should not be done you should skip it next time.

Having  awareness on your spendings  would  be a  great  move   for  you  in able to save money on  the partition  on  your salary . If you  know on how to spend  wisely on your  money and  you should   prioritize  important things first before  buying  anything else.
You need to determine you needs and wants, and make sure a big part of your salary are into your needs, although it is not bad to spend for your wants but just make a limit of it as you can never know the future therefore you need savings for your future, for emergencies and your investment plan.

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October 24, 2016, 04:53:04 PM
 #867

You always need to be aware of how much money you need to put on the side because of bills and things that you will need to pay, you also need to save a percentage of what you are earning.
If you manage to do only this and you are managing your money good enough.

Exactly, you must set on the things that you are going to use your money for. And I would say that just buy the things that are necessary and you really need. Don't buy the things that you just want to have it because you want it but buy the things that you really need so that you are going to manage your money properly.
really not easy to stick on the rules , first of all you need to be discipline. without discipline anything that you have planned before will just useless. once you have this discipline then you are good to go to managing money by yourself. another option you may could use a third party to manage your money such as your wife maybe? a women have a better instinct about managing money.

I may disagree with woman who are good in managing money.  Not all.  Sometimes they are the reason why you could not save your money because of their wants. Grin.  Anyways, yes it took a lot of discipline if you want to have a better management in your money.
Yes, women can give you headache when you try to manage your money efficiently, thats why it is advisable that you don't tell woman all the money you have. Maybe you can just reveal 5% of what you have so that even if they come up with that their fashion greed you can be sure that 95% of your money is safe and properly managed.

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October 24, 2016, 05:30:13 PM
 #868

today is digital era, we have computer and smartphone.
for me the best way to manage our money is using our smartphone/computer, to write any transaction, invest, saving, buying a needs, having fun etc.
so we will know our saving, our investing etc. and we can manage "the best proportion of our needs"

Thats true, it is really the best way to manage the money if you keep jotting down the expenditures or the savings you are doing after getting your salary, and at the end of the month you should see what you did with the money and how much you have saved, and if there is something you see should not be done you should skip it next time.

Having  awareness on your spendings  would  be a  great  move   for  you  in able to save money on  the partition  on  your salary . If you  know on how to spend  wisely on your  money and  you should   prioritize  important things first before  buying  anything else.

Thats right, and it would also be great if someone also make the list before and then do the partition of salary to buy the things accordingly, as you said someone should first buy the things with more priority and then the  other things and remaining amount should be saved.
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October 29, 2016, 06:17:48 AM
 #869

You always need to be aware of how much money you need to put on the side because of bills and things that you will need to pay, you also need to save a percentage of what you are earning.
If you manage to do only this and you are managing your money good enough.

Exactly, you must set on the things that you are going to use your money for. And I would say that just buy the things that are necessary and you really need. Don't buy the things that you just want to have it because you want it but buy the things that you really need so that you are going to manage your money properly.
really not easy to stick on the rules , first of all you need to be discipline. without discipline anything that you have planned before will just useless. once you have this discipline then you are good to go to managing money by yourself. another option you may could use a third party to manage your money such as your wife maybe? a women have a better instinct about managing money.

I may disagree with woman who are good in managing money.  Not all.  Sometimes they are the reason why you could not save your money because of their wants. Grin.  Anyways, yes it took a lot of discipline if you want to have a better management in your money.
not all , bot mostly. so nothing wrong with my words isn't it? also there is a lot of kind women you can't judge all of them is same of course. but all what i feel now that my wife doing very well in managing family funds. so why not to give a shot? if you didn't confiden't on yourself , there is no harm.

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Seansky
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October 29, 2016, 06:46:06 AM
 #870

In my opinion there ain't no best way to manage your money. Even if you have a very good way of managing money but you can't follow it because you want something that bad, it is ruined. If you cannot follow your management plan to save money, it won't happen that's why I think that there ain't no best way to manage your money since it depends on every person's personality. But the common best strategy that some follows is by investing their money into banks so that they won't dare touch that money, but it won't work with everyone.
arseaboy
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October 29, 2016, 02:45:50 PM
 #871

You always need to be aware of how much money you need to put on the side because of bills and things that you will need to pay, you also need to save a percentage of what you are earning.
If you manage to do only this and you are managing your money good enough.

Exactly, you must set on the things that you are going to use your money for. And I would say that just buy the things that are necessary and you really need. Don't buy the things that you just want to have it because you want it but buy the things that you really need so that you are going to manage your money properly.
really not easy to stick on the rules , first of all you need to be discipline. without discipline anything that you have planned before will just useless. once you have this discipline then you are good to go to managing money by yourself. another option you may could use a third party to manage your money such as your wife maybe? a women have a better instinct about managing money.

I may disagree with woman who are good in managing money.  Not all.  Sometimes they are the reason why you could not save your money because of their wants. Grin.  Anyways, yes it took a lot of discipline if you want to have a better management in your money.
not all , bot mostly. so nothing wrong with my words isn't it? also there is a lot of kind women you can't judge all of them is same of course. but all what i feel now that my wife doing very well in managing family funds. so why not to give a shot? if you didn't confiden't on yourself , there is no harm.

Well there's nothing wrong on managing money when it comes to gender. Because people are different.. it's just their way of thinking or perspective on how they will manage their money. Like me, I used self control when it comes to money and always have a long term goal so I can properly spend and manage my money wisely.

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Mr. Big
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October 29, 2016, 03:00:05 PM
 #872

In my opinion there ain't no best way to manage your money. Even if you have a very good way of managing money but you can't follow it because you want something that bad, it is ruined. If you cannot follow your management plan to save money, it won't happen that's why I think that there ain't no best way to manage your money since it depends on every person's personality. But the common best strategy that some follows is by investing their money into banks so that they won't dare touch that money, but it won't work with everyone.

Why it won't work out? If it work for many, for sure it might as well work for you... If it doesn't then something is wrong with the way you do it..  If you are the one that is going to manage your money, follow every rules that you made and only break it during emergencies...

But anyway, If you are strict in your budget and managing your money and have a list of what to buy and where to spend, each time you add new item to your list, you make a lot of review of it before deciding...  Smiley As I've always said, it has something to do with your lifestyle, your budgeting and managing will depend on it... Smiley
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October 29, 2016, 03:29:37 PM
 #873

today is digital era, we have computer and smartphone.
for me the best way to manage our money is using our smartphone/computer, to write any transaction, invest, saving, buying a needs, having fun etc.
so we will know our saving, our investing etc. and we can manage "the best proportion of our needs"

Thats true, it is really the best way to manage the money if you keep jotting down the expenditures or the savings you are doing after getting your salary, and at the end of the month you should see what you did with the money and how much you have saved, and if there is something you see should not be done you should skip it next time.


Yeah having your own digital record really makes managing your money easier.

Though when I record my day to day expenses I write them down - pen and paper - then I'll just transfer to the computer.

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October 29, 2016, 03:41:39 PM
 #874

You always need to be aware of how much money you need to put on the side because of bills and things that you will need to pay, you also need to save a percentage of what you are earning.
If you manage to do only this and you are managing your money good enough.

Exactly, you must set on the things that you are going to use your money for. And I would say that just buy the things that are necessary and you really need. Don't buy the things that you just want to have it because you want it but buy the things that you really need so that you are going to manage your money properly.
really not easy to stick on the rules , first of all you need to be discipline. without discipline anything that you have planned before will just useless. once you have this discipline then you are good to go to managing money by yourself. another option you may could use a third party to manage your money such as your wife maybe? a women have a better instinct about managing money.

I may disagree with woman who are good in managing money.  Not all.  Sometimes they are the reason why you could not save your money because of their wants. Grin.  Anyways, yes it took a lot of discipline if you want to have a better management in your money.
not all , bot mostly. so nothing wrong with my words isn't it? also there is a lot of kind women you can't judge all of them is same of course. but all what i feel now that my wife doing very well in managing family funds. so why not to give a shot? if you didn't confiden't on yourself , there is no harm.

Well there's nothing wrong on managing money when it comes to gender. Because people are different.. it's just their way of thinking or perspective on how they will manage their money. Like me, I used self control when it comes to money and always have a long term goal so I can properly spend and manage my money wisely.

I also self-manage their money. I save some for investment. It is necessary. Some are converted into Bitcoin. Just as there is a goal, then it is easier to manage money.
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October 30, 2016, 04:47:28 AM
 #875

You always need to be aware of how much money you need to put on the side because of bills and things that you will need to pay, you also need to save a percentage of what you are earning.
If you manage to do only this and you are managing your money good enough.

Exactly, you must set on the things that you are going to use your money for. And I would say that just buy the things that are necessary and you really need. Don't buy the things that you just want to have it because you want it but buy the things that you really need so that you are going to manage your money properly.
really not easy to stick on the rules , first of all you need to be discipline. without discipline anything that you have planned before will just useless. once you have this discipline then you are good to go to managing money by yourself. another option you may could use a third party to manage your money such as your wife maybe? a women have a better instinct about managing money.

I may disagree with woman who are good in managing money.  Not all.  Sometimes they are the reason why you could not save your money because of their wants. Grin.  Anyways, yes it took a lot of discipline if you want to have a better management in your money.
not all , bot mostly. so nothing wrong with my words isn't it? also there is a lot of kind women you can't judge all of them is same of course. but all what i feel now that my wife doing very well in managing family funds. so why not to give a shot? if you didn't confiden't on yourself , there is no harm.

Well there's nothing wrong on managing money when it comes to gender. Because people are different.. it's just their way of thinking or perspective on how they will manage their money. Like me, I used self control when it comes to money and always have a long term goal so I can properly spend and manage my money wisely.

I also self-manage their money. I save some for investment. It is necessary. Some are converted into Bitcoin. Just as there is a goal, then it is easier to manage money.
What you did was right, putting your investment in bitcoin is the best thing to do for now, and since we are still considered to be in the early phase we can see more improvement and that makes it profitable for us to invest in bitcoin, it is a risky investment but so rewarding.

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October 30, 2016, 06:54:37 AM
 #876

You always need to be aware of how much money you need to put on the side because of bills and things that you will need to pay, you also need to save a percentage of what you are earning.
If you manage to do only this and you are managing your money good enough.

Exactly, you must set on the things that you are going to use your money for. And I would say that just buy the things that are necessary and you really need. Don't buy the things that you just want to have it because you want it but buy the things that you really need so that you are going to manage your money properly.
really not easy to stick on the rules , first of all you need to be discipline. without discipline anything that you have planned before will just useless. once you have this discipline then you are good to go to managing money by yourself. another option you may could use a third party to manage your money such as your wife maybe? a women have a better instinct about managing money.

I may disagree with woman who are good in managing money.  Not all.  Sometimes they are the reason why you could not save your money because of their wants. Grin.  Anyways, yes it took a lot of discipline if you want to have a better management in your money.
not all , bot mostly. so nothing wrong with my words isn't it? also there is a lot of kind women you can't judge all of them is same of course. but all what i feel now that my wife doing very well in managing family funds. so why not to give a shot? if you didn't confiden't on yourself , there is no harm.

Well there's nothing wrong on managing money when it comes to gender. Because people are different.. it's just their way of thinking or perspective on how they will manage their money. Like me, I used self control when it comes to money and always have a long term goal so I can properly spend and manage my money wisely.

I also self-manage their money. I save some for investment. It is necessary. Some are converted into Bitcoin. Just as there is a goal, then it is easier to manage money.
What you did was right, putting your investment in bitcoin is the best thing to do for now, and since we are still considered to be in the early phase we can see more improvement and that makes it profitable for us to invest in bitcoin, it is a risky investment but so rewarding.
Putting  up your money  into bitcoin is somehow  a  great  investment but  we should  not  risk all of  our  money  just  put the amount that  you could afford to lose  in the  long run because  bitcoin investments  doesnt  guarantee  us anytime to secure profits because  price are  too unpredictable to consider.

Managing  money  would  be easy as  long  you  have a  budget plan or  list  to see your expenses throughtout the month and   if you see theres  too much  expense on a certain  thing you could always cut out.

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October 30, 2016, 07:15:19 AM
 #877

You always need to be aware of how much money you need to put on the side because of bills and things that you will need to pay, you also need to save a percentage of what you are earning.
If you manage to do only this and you are managing your money good enough.

Exactly, you must set on the things that you are going to use your money for. And I would say that just buy the things that are necessary and you really need. Don't buy the things that you just want to have it because you want it but buy the things that you really need so that you are going to manage your money properly.
really not easy to stick on the rules , first of all you need to be discipline. without discipline anything that you have planned before will just useless. once you have this discipline then you are good to go to managing money by yourself. another option you may could use a third party to manage your money such as your wife maybe? a women have a better instinct about managing money.

I may disagree with woman who are good in managing money.  Not all.  Sometimes they are the reason why you could not save your money because of their wants. Grin.  Anyways, yes it took a lot of discipline if you want to have a better management in your money.
not all , bot mostly. so nothing wrong with my words isn't it? also there is a lot of kind women you can't judge all of them is same of course. but all what i feel now that my wife doing very well in managing family funds. so why not to give a shot? if you didn't confiden't on yourself , there is no harm.

Well there's nothing wrong on managing money when it comes to gender. Because people are different.. it's just their way of thinking or perspective on how they will manage their money. Like me, I used self control when it comes to money and always have a long term goal so I can properly spend and manage my money wisely.

I also self-manage their money. I save some for investment. It is necessary. Some are converted into Bitcoin. Just as there is a goal, then it is easier to manage money.
What you did was right, putting your investment in bitcoin is the best thing to do for now, and since we are still considered to be in the early phase we can see more improvement and that makes it profitable for us to invest in bitcoin, it is a risky investment but so rewarding.
Putting  up your money  into bitcoin is somehow  a  great  investment but  we should  not  risk all of  our  money  just  put the amount that  you could afford to lose  in the  long run because  bitcoin investments  doesnt  guarantee  us anytime to secure profits because  price are  too unpredictable to consider.

Managing  money  would  be easy as  long  you  have a  budget plan or  list  to see your expenses throughtout the month and   if you see theres  too much  expense on a certain  thing you could always cut out.
Well, managing your money could involve a lot of things because you do not only manage your expenses but your investment as well. Though we only have a small amount of money right now but we have a chance to grow that if we can minimize our expenses so we will be able to invest with bitcoin.

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October 30, 2016, 07:36:36 AM
 #878

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?

Best way to manage your money is firstly to create a spreadsheet and list all your monthly expense, if you maintain it more often then you can list all your expenses that you make every day.

By this you will see where your money goes and where are you spending, next month try to reduce the expenses for 10% and so on and after you months you will notice that you have saved some money with this little trick.
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October 30, 2016, 07:53:13 AM
 #879

You always need to be aware of how much money you need to put on the side because of bills and things that you will need to pay, you also need to save a percentage of what you are earning.
If you manage to do only this and you are managing your money good enough.

Exactly, you must set on the things that you are going to use your money for. And I would say that just buy the things that are necessary and you really need. Don't buy the things that you just want to have it because you want it but buy the things that you really need so that you are going to manage your money properly.
really not easy to stick on the rules , first of all you need to be discipline. without discipline anything that you have planned before will just useless. once you have this discipline then you are good to go to managing money by yourself. another option you may could use a third party to manage your money such as your wife maybe? a women have a better instinct about managing money.

I may disagree with woman who are good in managing money.  Not all.  Sometimes they are the reason why you could not save your money because of their wants. Grin.  Anyways, yes it took a lot of discipline if you want to have a better management in your money.
Yes, women can give you headache when you try to manage your money efficiently, thats why it is advisable that you don't tell woman all the money you have. Maybe you can just reveal 5% of what you have so that even if they come up with that their fashion greed you can be sure that 95% of your money is safe and properly managed.
I think it is not a smart woman to save money, but mothers with several children. I'm sure he will be very clever in arranging money for their life, not all women are good at managing money
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October 30, 2016, 07:56:52 AM
 #880

You always need to be aware of how much money you need to put on the side because of bills and things that you will need to pay, you also need to save a percentage of what you are earning.
If you manage to do only this and you are managing your money good enough.

Exactly, you must set on the things that you are going to use your money for. And I would say that just buy the things that are necessary and you really need. Don't buy the things that you just want to have it because you want it but buy the things that you really need so that you are going to manage your money properly.
really not easy to stick on the rules , first of all you need to be discipline. without discipline anything that you have planned before will just useless. once you have this discipline then you are good to go to managing money by yourself. another option you may could use a third party to manage your money such as your wife maybe? a women have a better instinct about managing money.

I may disagree with woman who are good in managing money.  Not all.  Sometimes they are the reason why you could not save your money because of their wants. Grin.  Anyways, yes it took a lot of discipline if you want to have a better management in your money.
Yes, women can give you headache when you try to manage your money efficiently, thats why it is advisable that you don't tell woman all the money you have. Maybe you can just reveal 5% of what you have so that even if they come up with that their fashion greed you can be sure that 95% of your money is safe and properly managed.
I think it is not a smart woman to save money, but mothers with several children. I'm sure he will be very clever in arranging money for their life, not all women are good at managing money
Traditional women knows how to save money very well and we cannot expect same from the modern women as most of them are addicted to shopping so if give them to manage our money then I am sure they will keep on spending money behind our back and at the end of the month we will be left nothing in  our hands.
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