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Author Topic: How good are you at managing your money  (Read 51321 times)
mindrust
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July 31, 2016, 09:16:46 AM
 #401

i am not too good in managing my money. i have no proper management of my income and therefore i have decided to put my all assets in bitcoin, i hope that in this way i will be able to save my money otherwise my wife do not letting me to save the money, all the time she is demanding for some time and do not think about the future, so i have invested my all money in bitcoin because i know that my money will be safe here and it will also give me a good income,

What if bitcoin drops to 400$ and you need your fiat money immediately? Ever thought about that? Bitcoin is nice and fine for investing a percentage of your money but putting all in? Nope, bad idea. It may rise to 800$ tho, i never believe in fairy tales.




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August 01, 2016, 02:57:16 PM
 #402

iam good in managing my money, because I plan in advance what I would do. but not all of the planning will go well so keep thinking ahead, because it would certainly be a way out.
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August 01, 2016, 03:01:56 PM
 #403

iam good in managing my money, because I plan in advance what I would do. but not all of the planning will go well so keep thinking ahead, because it would certainly be a way out.
im also really good at managing my money, i think that if i want to save money then i always manage to do that and i save money for the gadget i need or want to buy

 
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August 01, 2016, 04:15:16 PM
 #404

iam good in managing my money, because I plan in advance what I would do. but not all of the planning will go well so keep thinking ahead, because it would certainly be a way out.
im also really good at managing my money, i think that if i want to save money then i always manage to do that and i save money for the gadget i need or want to buy
that's not good idea, i think buying vga for mining etc or eth is better than buy a gadget, because with vga we can earn money and we can re-sell our hardware after mining done.
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August 02, 2016, 01:50:02 PM
 #405

iam good in managing my money, because I plan in advance what I would do. but not all of the planning will go well so keep thinking ahead, because it would certainly be a way out.
im also really good at managing my money, i think that if i want to save money then i always manage to do that and i save money for the gadget i need or want to buy
that's not good idea, i think buying vga for mining etc or eth is better than buy a gadget, because with vga we can earn money and we can re-sell our hardware after mining done.
There is no need to debate on that because the answer is very obvious, your gadget is just a dead investment unless you are using that to earn money while your mining rig can provide you consistent income considering that you are mining the most promising altcoins nowadays.

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August 02, 2016, 02:16:37 PM
 #406

I'm really bad at managing my money, because everytime i have money from my payment, i always use it all on gambling and buying something online. It's really hard to manage my money.
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August 02, 2016, 02:56:13 PM
 #407

iam good in managing my money, because I plan in advance what I would do. but not all of the planning will go well so keep thinking ahead, because it would certainly be a way out.
im also really good at managing my money to be honest, i always manage to save money if i need for the fees or something like that so im really good

 
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August 02, 2016, 03:17:54 PM
 #408

Im not the only one who managing the money or i have my boss to decide what will we do for our money..
I just let her to manage her own but the result is always failed.. just like right now i am halving a problem we have no money right now i said to her that just manage the money carefully and try to save more money and do a strategy how you can manage the money while she buying foods in the market and be wise..
So i can not say if i am good at managing because i can't control my wife..

Block halving is coming.,,
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August 02, 2016, 03:24:11 PM
 #409

I'm really bad at managing my money, because everytime i have money from my payment, i always use it all on gambling and buying something online. It's really hard to manage my money.

Lol. Why can't bro According to my opinion I am kind of good in managing my money there are allot of people who can't handle their self and buying anything they want you know. But you also need to save some money for other things in life. Which really hard as you said.
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August 02, 2016, 03:51:11 PM
 #410

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 suck at saving. I usually spend all my money in food and gadgets, and most of the time I'm left with no money. And there were times I had to borrow money from my friend to go to movies. So, the only thing i have to say is try to save. Spending money is a hard thing to let go but with some self realization and control you can.
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August 02, 2016, 03:52:55 PM
 #411

I guess at this point I cannot manage my finances well, because I do not know what I should do with the money I got. I always spend it quickly. I have the management of its own money, but I guess it was not able to stop my desire, I guess I have to find a new way, and I hope I can find it here




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August 06, 2016, 08:05:33 AM
 #412

I guess at this point I cannot manage my finances well, because I do not know what I should do with the money I got. I always spend it quickly. I have the management of its own money, but I guess it was not able to stop my desire, I guess I have to find a new way, and I hope I can find it here

For the bitcoin, there is no need to manage it. You can just hold the coins for the long term and the price will rise.
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August 06, 2016, 08:32:43 AM
 #413

I am not good in managing my money because i don't plan how to spend money and where to use that money, So my savings are almost Nil, I spend  all my bitcoins i received from a signature campaign.
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August 12, 2016, 09:46:11 AM
 #414

I am not good in managing my money because i don't plan how to spend money and where to use that money, So my savings are almost Nil, I spend  all my bitcoins i received from a signature campaign.
So you should learn how to save mate, you will only realize that when time comes that you badly need money because of some emergencies, lucky you are if you have your parents that would give you but still it is good to stand on our own.

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August 12, 2016, 11:15:28 AM
 #415

I am not good in managing my money because i don't plan how to spend money and where to use that money, So my savings are almost Nil, I spend  all my bitcoins i received from a signature campaign.
So you should learn how to save mate, you will only realize that when time comes that you badly need money because of some emergencies, lucky you are if you have your parents that would give you but still it is good to stand on our own.

Could not agree more. Saving money  is one of the best way to manage our money but that is not only that. We also need to budget some of our money for tithe, for charity, for emergency, for investment, and for fun Smiley
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August 13, 2016, 04:38:37 AM
 #416

I am not good in managing my money because i don't plan how to spend money and where to use that money, So my savings are almost Nil, I spend  all my bitcoins i received from a signature campaign.
So you should learn how to save mate, you will only realize that when time comes that you badly need money because of some emergencies, lucky you are if you have your parents that would give you but still it is good to stand on our own.

Could not agree more. Saving money  is one of the best way to manage our money but that is not only that. We also need to budget some of our money for tithe, for charity, for emergency, for investment, and for fun Smiley
Your savings should be divided in different composition but the most important is to appropriate a bigger budget for your investment. It is your chance to prove yourself that you can have your own and you can manage your money to make money and would not rely only on working with other company to receive a salary.

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August 13, 2016, 04:42:42 AM
 #417

On a scale of 1 to 10 im an elevendy billion!

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August 13, 2016, 04:49:08 AM
 #418

I am not good in managing my money because i don't plan how to spend money and where to use that money, So my savings are almost Nil, I spend  all my bitcoins i received from a signature campaign.
So you should learn how to save mate, you will only realize that when time comes that you badly need money because of some emergencies, lucky you are if you have your parents that would give you but still it is good to stand on our own.

Could not agree more. Saving money  is one of the best way to manage our money but that is not only that. We also need to budget some of our money for tithe, for charity, for emergency, for investment, and for fun Smiley
Your savings should be divided in different composition but the most important is to appropriate a bigger budget for your investment. It is your chance to prove yourself that you can have your own and you can manage your money to make money and would not rely only on working with other company to receive a salary.

Having a  savings  for yourself would be the best move or thing to do since you can make an investment out of it,same as you said. You can prove out to yourself that you can stand on your own and doesnt rely too much in your salary in a company. Just have a strong discipline on managing your money and how would it be spent .

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August 13, 2016, 04:53:26 AM
 #419

Can I borrow 6$ from any of you guys?

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August 13, 2016, 05:00:06 AM
 #420

I am not good in managing my money because i don't plan how to spend money and where to use that money, So my savings are almost Nil, I spend  all my bitcoins i received from a signature campaign.
So you should learn how to save mate, you will only realize that when time comes that you badly need money because of some emergencies, lucky you are if you have your parents that would give you but still it is good to stand on our own.

Could not agree more. Saving money  is one of the best way to manage our money but that is not only that. We also need to budget some of our money for tithe, for charity, for emergency, for investment, and for fun Smiley
Your savings should be divided in different composition but the most important is to appropriate a bigger budget for your investment. It is your chance to prove yourself that you can have your own and you can manage your money to make money and would not rely only on working with other company to receive a salary.

Having a  savings  for yourself would be the best move or thing to do since you can make an investment out of it,same as you said. You can prove out to yourself that you can stand on your own and doesnt rely too much in your salary in a company. Just have a strong discipline on managing your money and how would it be spent .



investing is just a form of saving too but it is in a profitable way.. when you save your money on the bank there are a certain interest too that it will gain by time pass by.
actually i invest my money on shares and stocks and it really works on me. my capital money is still there and at the same time received profit monthly. and the profit i received is my savings and deposit it in the bank. it doesn't matter how small or big your capital you invest , the most important is you have profit in it. Smiley


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