How good are you at managing your money

[zulu55]

Not that good as I want to, yet. But much better than I was 2-3 years ago. From poor teen to a wealthy young man
Major factor was changing people around me. Just left that place with criminal-minded dumb guys and concentrated on self-development, teamed with my confederate and good friend and succeed 

[newcoins1978]

I'm pretty bad at it and I don't make as much as I used to.   But I don't have credit cards so I don't live beyond my means.  I guess I'm not as bad as I used to be.

I am quiet good at managing money from every money that you receive you should put some on the side and save that. Always save money for the future even if it is just a couple of Dollars.

[el kaka22]

I'm pretty bad at it and I don't make as much as I used to.   But I don't have credit cards so I don't live beyond my means.  I guess I'm not as bad as I used to be.

I am pretty good at managing money even if I have to say it my self. They way I manage money is by putting a cap on how much I can spend per week. If I manage do to this I fur sure will save money.

im pretty good too, to be honest i have never had any problems with managing my funds

Wow! that is good to share, I think your way is worth sharing for as we designed this forum to help each other. If you can post it step by step that would be great so we can follow.

Yes, we all are waiting for to hear your plan every second person in this world have a problem in managing their money so the first one should have to explain what to do in which time.

[bestluck]

I'm not really good at managing my money, because when i received my bitcoin from signature campaign, i always lose it all on gambling. Maybe i will start managing my money carefully from now.

I think you should have to start trading as trading have the same earning and the same entertainment which you find at gambling, and one thing is that at trading there is no way to lose your money.

I don' think you understand trading that much, in trading we can also lose our money as it is also risky but not as risky like gambling. Gambling depends on luck alone while trading requires skill to be profitable.

Definitely, trading is like gambling where you risk your money to earn money so it is still the same and trading is not safe. The only thing that differentiate the two is trading is back by the real market while gambling is back by the luck of the people.

No, it is not correct, trade and gambling are two different things, in gambling you grab other people money, you get the money while giving financial harm to other, while in trading you provide a servive of exchanging others money and in that way you earn some amount of them.

yeah, it is right in trading we do not harm to any other person and earn our profit while in gambling their is lose everywhere for everyone, and you make other people to lose their money in return of nothing.

[techgeek]

I'm not really good at managing my money, because when i received my bitcoin from signature campaign, i always lose it all on gambling. Maybe i will start managing my money carefully from now.

I think you should have to start trading as trading have the same earning and the same entertainment which you find at gambling, and one thing is that at trading there is no way to lose your money.

I don' think you understand trading that much, in trading we can also lose our money as it is also risky but not as risky like gambling. Gambling depends on luck alone while trading requires skill to be profitable.

Definitely, trading is like gambling where you risk your money to earn money so it is still the same and trading is not safe. The only thing that differentiate the two is trading is back by the real market while gambling is back by the luck of the people.

No, it is not correct, trade and gambling are two different things, in gambling you grab other people money, you get the money while giving financial harm to other, while in trading you provide a servive of exchanging others money and in that way you earn some amount of them.

People say its the same because of the lack of knowledge of trading in the 1st place, so ignore that.

But the odds of loss in peoples eyes feel the same which is what they are referring to which goes back to my 1st sentence.

[Supercrypt]

I'm pretty bad at it and I don't make as much as I used to.   But I don't have credit cards so I don't live beyond my means.  I guess I'm not as bad as I used to be.

I am pretty good at managing money even if I have to say it my self. They way I manage money is by putting a cap on how much I can spend per week. If I manage do to this I fur sure will save money.

all income i receive is my disability pension and the money I make from the occasional coding job as well as my signature campaign. All of my disability cheque goes to the credit card companies (I owe around $12,000 cAD) leaving me with the Bitcoins I make from this forum. I do not have an IRL job.

You are really a good manager of your money and also genius to get earnings from bitcoin also, in some places in my country people do not adopt any other source of earning while getting disability pension and spend a limited life with that amount.

[DarkThrones]

While we are all here on this forum to earn one way or another, how well do you manage that money after you've earned it. Do you trade your Bitcoin as fast as you can spending it all in a day or do you save it? I recently got paid for a job I did in programming and i keep finding myself wanting to spend more of that money i made. I have a lot of credit card debt and that is not good. I have destroyed only two ofg my credit cards to which I owe thousands of dollars on.

how do you spend your money?

I rarely ever spend my money. Most often when I go to the bank to deposit money and I get a balance check I see I have more money than I though and it allows me a lot of freedom for whatever I decide to do.

[Zooplus]

While we are all here on this forum to earn one way or another, how well do you manage that money after you've earned it. Do you trade your Bitcoin as fast as you can spending it all in a day or do you save it? I recently got paid for a job I did in programming and i keep finding myself wanting to spend more of that money i made. I have a lot of credit card debt and that is not good. I have destroyed only two ofg my credit cards to which I owe thousands of dollars on.

how do you spend your money?

I rarely ever spend my money. Most often when I go to the bank to deposit money and I get a balance check I see I have more money than I though and it allows me a lot of freedom for whatever I decide to do.

I have a suggestion for you, instead of putting your money to bank why not invest it with bitcoins. It is just a simple buy and keep procedure. If you need money then you cash out, I think that would be awesome, that is like dual way of savings and investment.

[Ziskinberg]

While we are all here on this forum to earn one way or another, how well do you manage that money after you've earned it. Do you trade your Bitcoin as fast as you can spending it all in a day or do you save it? I recently got paid for a job I did in programming and i keep finding myself wanting to spend more of that money i made. I have a lot of credit card debt and that is not good. I have destroyed only two ofg my credit cards to which I owe thousands of dollars on.

how do you spend your money?

I rarely ever spend my money. Most often when I go to the bank to deposit money and I get a balance check I see I have more money than I though and it allows me a lot of freedom for whatever I decide to do.

I have a suggestion for you, instead of putting your money to bank why not invest it with bitcoins. It is just a simple buy and keep procedure. If you need money then you cash out, I think that would be awesome, that is like dual way of savings and investment.

Investing in bitcoins is good but it is risky as we never know when the price will fall back and if you buy now you might lose your investment. For me, this is only good if you have a lot of money to risk for and you can accept of whatever happens to your investment.

[BitcoinSupremo]

While we are all here on this forum to earn one way or another, how well do you manage that money after you've earned it. Do you trade your Bitcoin as fast as you can spending it all in a day or do you save it? I recently got paid for a job I did in programming and i keep finding myself wanting to spend more of that money i made. I have a lot of credit card debt and that is not good. I have destroyed only two ofg my credit cards to which I owe thousands of dollars on.

how do you spend your money?

I rarely ever spend my money. Most often when I go to the bank to deposit money and I get a balance check I see I have more money than I though and it allows me a lot of freedom for whatever I decide to do.

I have a suggestion for you, instead of putting your money to bank why not invest it with bitcoins. It is just a simple buy and keep procedure. If you need money then you cash out, I think that would be awesome, that is like dual way of savings and investment.

Investing in bitcoins is good but it is risky as we never know when the price will fall back and if you buy now you might lose your investment. For me, this is only good if you have a lot of money to risk for and you can accept of whatever happens to your investment.

Now its not a very good time to buy although it still maybe, considering that many of us here believe price of bitcoin will skyrocket after some years, so if you are in for the longer term to hold your coins hoping to be richer than you are now thats good, if you want it for shorter term, buying coins is not advised. However bitcoin is a great tool to manage your money, once you have converted FIAT to bitcoin there is higher chance you keep it this way rather than when you have it in cash which you can be tempted to spend.

[23dzmaz]

While we are all here on this forum to earn one way or another, how well do you manage that money after you've earned it. Do you trade your Bitcoin as fast as you can spending it all in a day or do you save it? I recently got paid for a job I did in programming and i keep finding myself wanting to spend more of that money i made. I have a lot of credit card debt and that is not good. I have destroyed only two ofg my credit cards to which I owe thousands of dollars on.

how do you spend your money?

I rarely ever spend my money. Most often when I go to the bank to deposit money and I get a balance check I see I have more money than I though and it allows me a lot of freedom for whatever I decide to do.

I have a suggestion for you, instead of putting your money to bank why not invest it with bitcoins. It is just a simple buy and keep procedure. If you need money then you cash out, I think that would be awesome, that is like dual way of savings and investment.

Investing in bitcoins is good but it is risky as we never know when the price will fall back and if you buy now you might lose your investment. For me, this is only good if you have a lot of money to risk for and you can accept of whatever happens to your investment.

Yeah you are right, the price of bitcoin can easily goes down and easily goes up and it's really a good moment for a trader and investment, and i can manage my money into this investment to get more profit.

[serjent05]

Well I don't know how good i am at managing my money, since am still single although in legal age, i  give my salary to my mom.  , it's that i feel mum knows best LOL.  Anyway,  I manage to earn some BTC here without even spending a single cent to buy BTC.  I manage to win them from trading altcoin, some kind of Ping Pong trading.  I do it when an altcoin is actively traded by both bot and human.  Buy them at certain price, put them on sell order at about 10% higher then whenever it was bought i put it on buy order of 30% lower.  then the Ping Pong begin.  After I made some profit, BTC wise, i keep it until i see another opportunity to earn me money, i never withdraw unless it is badly needed.

[panju1]

Well I don't know how good i am at managing my money, since am still single although in legal age, i  give my salary to my mom.  , it's that i feel mum knows best LOL.  Anyway,  I manage to earn some BTC here without even spending a single cent to buy BTC.  I manage to win them from trading altcoin, some kind of Ping Pong trading.  I do it when an altcoin is actively traded by both bot and human.  Buy them at certain price, put them on sell order at about 10% higher then whenever it was bought i put it on buy order of 30% lower.  then the Ping Pong begin.  After I made some profit, BTC wise, i keep it until i see another opportunity to earn me money, i never withdraw unless it is badly needed.

You give your salary to your mom? You should let her handle your bitcoins as well. 
But seriously, take her advise, but be in control of your finances.

[betohell]

I sometimes difficulty in managing my money yeah I have a lot of hobbies and favorite things. so I'm very happy shopping for clothes and accessories. and it makes me very wasteful. how to resolve this?

[Maslate]

I sometimes difficulty in managing my money yeah I have a lot of hobbies and favorite things. so I'm very happy shopping for clothes and accessories. and it makes me very wasteful. how to resolve this?

You need to change your lifestyle and focus more on saving your money that wasting on your wants. Only buy things when you need it and investment your extra money out from your savings, in that way you will be rich in the future will have financial freedom.

[Cyaren]

I'd rate myself as OK with managing my own money. However sometimes I become really stupid somehow and just gamble away my bitcoins, or loan it out to a really obvious scammer.

So yeah, some room for improvement but overall it's alright.

[clickerz]

I sometimes difficulty in managing my money yeah I have a lot of hobbies and favorite things. so I'm very happy shopping for clothes and accessories. and it makes me very wasteful. how to resolve this?

Same with me before and I learned my lessons in Handling money. Differentiate Wants and Needs before you spend. Is it really important? I learned to be frugal and thrifty too. Also make a record of your expenses,so that you know what expenses to trim down.Nurture your passion.

[harizen]

I'd rate myself as OK with managing my own money. However sometimes I become really stupid somehow and just gamble away my bitcoins, or loan it out to a really obvious scammer.

So yeah, some room for improvement but overall it's alright.

Honestly we will just learn to start the proper management of the money after doing those stupid things (whatever it is..) because we now have an experienced of losing such money.

Also every bad experienced make us more improved person when doing the proper way of managing our money.

[0day]

I'm not really good at managing my money, because when i received my bitcoin from signature campaign, i always lose it all on gambling. Maybe i will start managing my money carefully from now.

I think you should have to start trading as trading have the same earning and the same entertainment which you find at gambling, and one thing is that at trading there is no way to lose your money.

I don' think you understand trading that much, in trading we can also lose our money as it is also risky but not as risky like gambling. Gambling depends on luck alone while trading requires skill to be profitable.

Definitely, trading is like gambling where you risk your money to earn money so it is still the same and trading is not safe. The only thing that differentiate the two is trading is back by the real market while gambling is back by the luck of the people.

No, it is not correct, trade and gambling are two different things, in gambling you grab other people money, you get the money while giving financial harm to other, while in trading you provide a servive of exchanging others money and in that way you earn some amount of them.

People say its the same because of the lack of knowledge of trading in the 1st place, so ignore that.

But the odds of loss in peoples eyes feel the same which is what they are referring to which goes back to my 1st sentence.

But I think you do not know about trade much, in trading you do not play to defeat others but you do some good job for people to provide them assistance in providing them the change of their currency to some other currency and you get some fees for that.

[StingrayX]

Hard life do Learn... people who suffer to gain their bread manage their money well im order to save the maximum  (in condition they are not addicted to some kind of money and health destructeurs).
The same idea for the proponents of money-wife disaster  ... it's because she didn't make the effort to gain it that she doesn't manage it well... and it's applicable to the rest of people surrounding.
So, it's better to think together in the unknown future and make a common sense for the action of money management.