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Author Topic: How good are you at managing your money  (Read 51519 times)
bamboylee
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July 11, 2016, 02:14:43 PM
 #281

I don't like to do different stuff with managing money for me is much better to give this work to other people, i am a creator and i have many ideas about earning money Grin

All your earnings will be lost if you cannot manage your money. That is something that everyone should master before going into investments or businesses. If you care about the money which you worked hard for, managing your cashflow is important and should not just be given to random people around you. Do it yourself and you will have a better future.
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July 11, 2016, 02:42:15 PM
 #282

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?

Those credit cards ate really shitty it is just telling you to spend more whenever you are in a mall or a supermarket that is why I never tried to have one. It will just make me more reliable to that card without knowing that I got a lot of debt. They wont tell you how much you have spent specially when your limit is high. It will be chaos after that.

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July 11, 2016, 03:15:59 PM
 #283

Well, I’m conservative when it comes to money management. When I earn something, I make small fractions of it and then I invest it after doing appropriate research. I am not good if I am forced to choose only one investment option. One thing I make sure that my investments are balanced and have potential of sustainable growth. Spending less and investing more is my strategy.
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July 11, 2016, 03:23:09 PM
 #284

i have had some troubles in managing money in the past especially when i have earned less money and am spending more that i have earned but i got over it.
the secret is in reaching that balance in your life to know how much you spend versus how much you earn and then try to balance these two in regard of each other.

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July 11, 2016, 03:30:19 PM
 #285

Well, I’m conservative when it comes to money management. When I earn something, I make small fractions of it and then I invest it after doing appropriate research. I am not good if I am forced to choose only one investment option. One thing I make sure that my investments are balanced and have potential of sustainable growth. Spending less and investing more is my strategy.

To make sure you live a financially healthy life you should remember to make a notice of your cost and expenses. If you are managing (logging) it all you know how much you are worth and most importantly how much you can spend.
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July 13, 2016, 04:04:01 AM
 #286

Well, I’m conservative when it comes to money management. When I earn something, I make small fractions of it and then I invest it after doing appropriate research. I am not good if I am forced to choose only one investment option. One thing I make sure that my investments are balanced and have potential of sustainable growth. Spending less and investing more is my strategy.

To make sure you live a financially healthy life you should remember to make a notice of your cost and expenses. If you are managing (logging) it all you know how much you are worth and most importantly how much you can spend.
You have to treat you personal finances as though you are having a business, you need to track your cash flow to analyze your move in maximizing your profit and minimizing your expense.

R


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July 13, 2016, 05:20:30 AM
 #287

In managing my money I could say that I'm not really good at it because I keep spending even to those non important things but later on I just realized that it's very important to manage your funds well if you don't like to experience like a beggar.

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Schuyler
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July 13, 2016, 05:37:16 AM
 #288

In managing my money I could say that I'm not really good at it because I keep spending even to those non important things but later on I just realized that it's very important to manage your funds well if you don't like to experience like a beggar.
Yeah, better start saving while you are still young and still able to work for your income. It is always good if you could start young, even small amounts would go a long way if it is accumulated over the years. We just need to look at the big picture and live within our means to make our future much better.
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July 13, 2016, 05:43:15 AM
 #289

Well, i'm not really good at managing my money. Because i am a gambling addict and i always use my money into gambling, but i try to manage my money now, because i won't ruin my life by gambling.
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July 13, 2016, 05:50:25 AM
 #290

Well, i'm not really good at managing my money. Because i am a gambling addict and i always use my money into gambling, but i try to manage my money now, because i won't ruin my life by gambling.
Bro a bit similar story for me as well i also used to gamble my money which i save a lot and loose them.Every time plan manage my money but gambling fails all the plans
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July 13, 2016, 05:58:24 AM
 #291

Well, i'm not really good at managing my money. Because i am a gambling addict and i always use my money into gambling, but i try to manage my money now, because i won't ruin my life by gambling.

thats fair, try to manage your money, sensible with your gambling and always play within your means.
Addiction in gambling can take over your whole life and ruin it. So be the smart one and always watch your game-play to see if you can stop at any time.
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July 13, 2016, 06:13:53 AM
 #292

Well, i'm not really good at managing my money. Because i am a gambling addict and i always use my money into gambling, but i try to manage my money now, because i won't ruin my life by gambling.

thats fair, try to manage your money, sensible with your gambling and always play within your means.
Addiction in gambling can take over your whole life and ruin it. So be the smart one and always watch your game-play to see if you can stop at any time.
so if you're not addicted to gambling do not try it because if you're addicted to it it's hard to avoid gambling and you're life was miserable think before you click  Wink

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July 13, 2016, 06:37:12 AM
 #293

im not good in managing my money its because i always spend it somewhere and sometimes i forgot to deposit of portion of my salary for my savings.
But i want to be good because i want to have more saving than my expenses. I think i will start to lessen my wants.
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July 13, 2016, 07:12:11 AM
 #294

Well, i'm not really good at managing my money. Because i am a gambling addict and i always use my money into gambling, but i try to manage my money now, because i won't ruin my life by gambling.

thats fair, try to manage your money, sensible with your gambling and always play within your means.
Addiction in gambling can take over your whole life and ruin it. So be the smart one and always watch your game-play to see if you can stop at any time.
I think you just away in gambling because that is not good for if you don't have the discipline, it will just ruin you money management method and you could go all in when you are on rage.

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July 13, 2016, 07:51:57 AM
 #295

im not good in managing my money its because i always spend it somewhere and sometimes i forgot to deposit of portion of my salary for my savings.
But i want to be good because i want to have more saving than my expenses. I think i will start to lessen my wants.

you spend your bitcoin everyday Huh for what Huh
i think we must save some for future, we must holding some for party rate

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July 13, 2016, 07:54:55 AM
 #296

save 50% at fiat and 50% at bitcoin
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July 13, 2016, 08:27:15 AM
 #297

I am pretty goo at managing money, of every piece of money that I earn I save some money because saving that way makes it somewhat easier.
Saving is important because maybe something happens and you need to suddenly pay for stuff.
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July 13, 2016, 08:33:10 AM
 #298

i am not good in managing my money. almost what i've got is to pay my life and i only save a little amount for the next month. i wish i can manage my money as good as other people. i only hope that what i make with bitcoin will help me to save more money to me.

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July 13, 2016, 12:27:59 PM
 #299

i am not good in managing my money. almost what i've got is to pay my life and i only save a little amount for the next month. i wish i can manage my money as good as other people. i only hope that what i make with bitcoin will help me to save more money to me.
That's fine if you're spending it with your basic needs, what the OP wants to say is if you can't manage your money and tend to buy more on your "Wants" rather than keeping it for your "needs". Spending your money with your needs is definitely fine.
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July 13, 2016, 01:05:44 PM
 #300

i am not good in managing my money. almost what i've got is to pay my life and i only save a little amount for the next month. i wish i can manage my money as good as other people. i only hope that what i make with bitcoin will help me to save more money to me.
That's fine if you're spending it with your basic needs, what the OP wants to say is if you can't manage your money and tend to buy more on your "Wants" rather than keeping it for your "needs". Spending your money with your needs is definitely fine.
Basic needs should be prioritize over the other because if we don's spend we will not survive but what should be bear in mind that we control ourselves in spending our wants and instead put it into investment.

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