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Author Topic: How good are you at managing your money  (Read 51321 times)
goldcoinminer
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November 02, 2016, 08:58:40 AM
 #861

I am not an expert in managing my money, but I always invest whenever I have enough funds. So I can pay for things I want and want to do. Also, I always try to use credit as to extend the time before I need to pay for anything.

What is important is you will be able to learn, we are not born as expect but along the way with our experience in life we were able to learn from it if we are focus with our goal to manage money. Actually it's one of the important things that one should know as regardless of your standing in life one should know how to manage their money.
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November 02, 2016, 09:46:14 AM
 #862

I am not an expert in managing my money, but I always invest whenever I have enough funds. So I can pay for things I want and want to do. Also, I always try to use credit as to extend the time before I need to pay for anything.

What is important is you will be able to learn, we are not born as expect but along the way with our experience in life we were able to learn from it if we are focus with our goal to manage money. Actually it's one of the important things that one should know as regardless of your standing in life one should know how to manage their money.
Indeed. You certainly will make mistakes and those mistakes with how you spend would be a lesson for you so you can handle money more responsibly in the future. In the past i've made a lot of blunders of spending on things i don't need and it definitely affected my next expenses. So we should just learn from those mistakes

 
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November 02, 2016, 09:53:24 AM
 #863

Money in the sense Bitcoin if you are asking then, my rules are very simple, what ever i am earning i keep 20% in wallet invested for long term, balance 80% i divide in sports betting, poker gambling, and some balance 30% i convert it to fiat currency as i cannot use bitcoin in our country.

What i do is i keep around 70% of my bitcoin earnings in my wallet and cash out the 30% to spend them on myself as you said it is not yet accepted anywhere in my country, i do alt coin trading sometimes but not much, and i don't like gambling at all.
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November 02, 2016, 01:54:37 PM
 #864

Money in the sense Bitcoin if you are asking then, my rules are very simple, what ever i am earning i keep 20% in wallet invested for long term, balance 80% i divide in sports betting, poker gambling, and some balance 30% i convert it to fiat currency as i cannot use bitcoin in our country.

What i do is i keep around 70% of my bitcoin earnings in my wallet and cash out the 30% to spend them on myself as you said it is not yet accepted anywhere in my country, i do alt coin trading sometimes but not much, and i don't like gambling at all.
Wow, that's very aggressive of yours, you could earn a lot of money in the future but in the opposite side you could also lose. There's no problem or wrong with what you are doing if you can afford to lose what you have invested.

 
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November 02, 2016, 02:09:50 PM
 #865

Money in the sense Bitcoin if you are asking then, my rules are very simple, what ever i am earning i keep 20% in wallet invested for long term, balance 80% i divide in sports betting, poker gambling, and some balance 30% i convert it to fiat currency as i cannot use bitcoin in our country.

What i do is i keep around 70% of my bitcoin earnings in my wallet and cash out the 30% to spend them on myself as you said it is not yet accepted anywhere in my country, i do alt coin trading sometimes but not much, and i don't like gambling at all.
Wow, that's very aggressive of yours, you could earn a lot of money in the future but in the opposite side you could also lose. There's no problem or wrong with what you are doing if you can afford to lose what you have invested.

That's a good strategy and I can say that is very effective. But what I am doing is that I am able to save 80-90% of my earnings with bitcoin.

And most of it came from trading and what I do is when I have my money, I just able to manage it properly and make some list of my expenses.

I find it effective and helpful if you will make a list of the things you need to expense.

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November 02, 2016, 10:49:22 PM
 #866

I think everyone here has their own way on how they manage their money and still facing difficulties on applying it in ourlives.
   The most important thing that everyone must understand is like what you stated that YOUR INCOME MUST BE GREATER THAN THE SPENDING, I guess that's one point here
   we spend more than what we have like owing somebody for our "wants".
   So the best thing now is try not to owe for what you only want but consider only what you need so that you will not ask other's money.
   Like the OP said that he owed thousand of dollars now.I think he need to start new thing now to pay that thousand dollars and not try to borrow and work for it.
   
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November 03, 2016, 02:14:35 PM
 #867

I am not an expert in managing my money, but I always invest whenever I have enough funds. So I can pay for things I want and want to do. Also, I always try to use credit as to extend the time before I need to pay for anything.

What is important is you will be able to learn, we are not born as expect but along the way with our experience in life we were able to learn from it if we are focus with our goal to manage money. Actually it's one of the important things that one should know as regardless of your standing in life one should know how to manage their money.

Thank you for the tip. Experience is the best teacher. I hope to learn a lot from other people's experience so that I would not commit the same mistake. I hope to improve my financial situation from this forum.
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November 04, 2016, 04:17:02 AM
 #868

for me on this auspicious occasion, I joined into the discussion forum has the objective to look for money in the form of bitcoin. then bitcoin that I save for detained temporarily in my wallet. if at any time I have a lot bitcoin, then I will redeem into real money. at this point I would not squander my bitcoin for things that are not useful. I better save it for invested.

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November 04, 2016, 04:28:44 AM
 #869

I am not an expert in managing my money, but I always invest whenever I have enough funds. So I can pay for things I want and want to do. Also, I always try to use credit as to extend the time before I need to pay for anything.

I think people who already have a job and have a regular income and he is good in the management of money, I'm sure in a few years they will become rich, but together with you I'm not good at this

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November 04, 2016, 04:54:47 AM
 #870

I am not an expert in managing my money, but I always invest whenever I have enough funds. So I can pay for things I want and want to do. Also, I always try to use credit as to extend the time before I need to pay for anything.

I think people who already have a job and have a regular income and he is good in the management of money, I'm sure in a few years they will become rich, but together with you I'm not good at this
Your status in life would not automatically determine that you are good in managing money and you will be rich. Even if you are a poor person you have to learn how to manage your money as you needed that more, for the rich if they will not manage their money properly, they might loss it.
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November 04, 2016, 06:16:29 AM
 #871

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?
Im here in forum not to earn but to gained knowledge also in some currencies that i never encountered before reading some tachtics and then apply it to my self and earn much money as i can and working hard for works and i can really save that money from my bank account which i get it from trading and signature campaigns , idon't really spend that much in 1 day i recently buy some shirts that i could use too in my next adventure.
Well, maybe you are blessed with a lot of money because you are not here to earned. I do believe that even rich people are here to make more money, bitcoin is seen as an investment for the business minded people are let us look at the gambling sites, they are not investing on the price of bitcoin to see it will increase its value but they see that there are good market here since gambling in bitcoin is made easy and that will increase their profitability.
Im not bless im just having luck and i want not to destroy that luck having a lot of money because i want to earned for my future family and future child (if im having one) yes there are more richer man in here forum and not joinng in signature campaign they doing is just to gambled and do some more money.
I want to belong in their group in the future as when you are a successful gambler, its like you are managing your own business and you know it will be profitable, there is no limit when you know the secret on how to win in gambling and it does not need so much of your time so I like it.
You can be a successful gambler anytime and you can join anytime in group in the future or today just find one. You can get some good ideas about bettings and you can do a profitable gambling everytime you gonna play gambling and the secret of winning those veretan in gambling i think you need a big capital on this.
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November 04, 2016, 06:19:41 AM
 #872

I am not an expert in managing my money, but I always invest whenever I have enough funds. So I can pay for things I want and want to do. Also, I always try to use credit as to extend the time before I need to pay for anything.

I think people who already have a job and have a regular income and he is good in the management of money, I'm sure in a few years they will become rich, but together with you I'm not good at this
its hard to manage money especially if you cant control your lust its always been our enemy everytime we think about managing our money correctly lots of advise can be found here those things like buy what you need and not what you want but in reality we still tend to buy which is which we really love most so to make ourself good in managing money we should be good first controlling ourself.
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November 04, 2016, 06:24:47 AM
 #873

I am not an expert in managing my money, but I always invest whenever I have enough funds. So I can pay for things I want and want to do. Also, I always try to use credit as to extend the time before I need to pay for anything.

I think people who already have a job and have a regular income and he is good in the management of money, I'm sure in a few years they will become rich, but together with you I'm not good at this
Your status in life would not automatically determine that you are good in managing money and you will be rich. Even if you are a poor person you have to learn how to manage your money as you needed that more, for the rich if they will not manage their money properly, they might loss it.

That's for sure. The degree of welfare does not affect the ability to manage money. Someone can give a million and he'll waste them blindly for a few days, while others may be from $ 100 to make capital. I manage my own money and it depends. Sometimes I lose, sometimes I get income
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November 04, 2016, 06:40:07 AM
 #874

In a year or two I'm buying a few kilos of paper US dollars to see the taste of some pork, on the grill, lit by them!  Cheesy
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November 04, 2016, 07:10:26 AM
 #875

I am not an expert in managing my money, but I always invest whenever I have enough funds. So I can pay for things I want and want to do. Also, I always try to use credit as to extend the time before I need to pay for anything.

I think people who already have a job and have a regular income and he is good in the management of money, I'm sure in a few years they will become rich, but together with you I'm not good at this
Your status in life would not automatically determine that you are good in managing money and you will be rich. Even if you are a poor person you have to learn how to manage your money as you needed that more, for the rich if they will not manage their money properly, they might loss it.
when poor in my opinion it's easier to manage money, because we would have to make savings. but when it became rich it is sometimes difficult to manage money. the best way to manage money is learn to live frugally.

 
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Mastsetad
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November 04, 2016, 07:29:37 AM
 #876

I am not an expert in managing my money, but I always invest whenever I have enough funds. So I can pay for things I want and want to do. Also, I always try to use credit as to extend the time before I need to pay for anything.

I think people who already have a job and have a regular income and he is good in the management of money, I'm sure in a few years they will become rich, but together with you I'm not good at this
its hard to manage money especially if you cant control your lust its always been our enemy everytime we think about managing our money correctly lots of advise can be found here those things like buy what you need and not what you want but in reality we still tend to buy which is which we really love most so to make ourself good in managing money we should be good first controlling ourself.

For sure the very basic thing for managing the money in a good way is to have patience on your desires, because most of the times people buy things which they don't need when they have the money, which in a result leaves nothing at the end for them to be saved.
freedomgo
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November 04, 2016, 08:27:01 AM
 #877

I am not an expert in managing my money, but I always invest whenever I have enough funds. So I can pay for things I want and want to do. Also, I always try to use credit as to extend the time before I need to pay for anything.

I think people who already have a job and have a regular income and he is good in the management of money, I'm sure in a few years they will become rich, but together with you I'm not good at this
Your status in life would not automatically determine that you are good in managing money and you will be rich. Even if you are a poor person you have to learn how to manage your money as you needed that more, for the rich if they will not manage their money properly, they might loss it.
when poor in my opinion it's easier to manage money, because we would have to make savings. but when it became rich it is sometimes difficult to manage money. the best way to manage money is learn to live frugally.
It primarily depend on use, poor people will have to manage their money as they do not have more money. They have to manage it for them to survive daily, their situation is very hard so they must be careful of dealing with their finances as needs is more important to them than wants.

 
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Oilacris
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November 04, 2016, 01:31:00 PM
 #878

I am not an expert in managing my money, but I always invest whenever I have enough funds. So I can pay for things I want and want to do. Also, I always try to use credit as to extend the time before I need to pay for anything.

I think people who already have a job and have a regular income and he is good in the management of money, I'm sure in a few years they will become rich, but together with you I'm not good at this
Your status in life would not automatically determine that you are good in managing money and you will be rich. Even if you are a poor person you have to learn how to manage your money as you needed that more, for the rich if they will not manage their money properly, they might loss it.
when poor in my opinion it's easier to manage money, because we would have to make savings. but when it became rich it is sometimes difficult to manage money. the best way to manage money is learn to live frugally.
It primarily depend on use, poor people will have to manage their money as they do not have more money. They have to manage it for them to survive daily, their situation is very hard so they must be careful of dealing with their finances as needs is more important to them than wants.

I agree with you   it really depends  on the  capability  of  a person and you are  right   poor people would really need  to manage  their  money well  in able to survive .
Prioritizing the needs would    be the first thing rather  than  on wants.  Good  money  management would  really help you  out  to prolong   on everyday basis not only  on poor people  but on all people   but there  are really advantages for those person do recieve  ample amount of salary.

 
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Japinat
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November 04, 2016, 02:24:01 PM
 #879

I am not an expert in managing my money, but I always invest whenever I have enough funds. So I can pay for things I want and want to do. Also, I always try to use credit as to extend the time before I need to pay for anything.

I think people who already have a job and have a regular income and he is good in the management of money, I'm sure in a few years they will become rich, but together with you I'm not good at this
Your status in life would not automatically determine that you are good in managing money and you will be rich. Even if you are a poor person you have to learn how to manage your money as you needed that more, for the rich if they will not manage their money properly, they might loss it.
when poor in my opinion it's easier to manage money, because we would have to make savings. but when it became rich it is sometimes difficult to manage money. the best way to manage money is learn to live frugally.
It primarily depend on use, poor people will have to manage their money as they do not have more money. They have to manage it for them to survive daily, their situation is very hard so they must be careful of dealing with their finances as needs is more important to them than wants.

I agree with you   it really depends  on the  capability  of  a person and you are  right   poor people would really need  to manage  their  money well  in able to survive .
Prioritizing the needs would    be the first thing rather  than  on wants.  Good  money  management would  really help you  out  to prolong   on everyday basis not only  on poor people  but on all people   but there  are really advantages for those person do recieve  ample amount of salary.
It is more challenging for the poor but if there's a will there's a way. We are not all born rich so probably there's always a way to manage our money.

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8Habits
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November 07, 2016, 06:12:27 AM
 #880

I am not an expert in managing my money, but I always invest whenever I have enough funds. So I can pay for things I want and want to do. Also, I always try to use credit as to extend the time before I need to pay for anything.

I think people who already have a job and have a regular income and he is good in the management of money, I'm sure in a few years they will become rich, but together with you I'm not good at this
Your status in life would not automatically determine that you are good in managing money and you will be rich. Even if you are a poor person you have to learn how to manage your money as you needed that more, for the rich if they will not manage their money properly, they might loss it.
when poor in my opinion it's easier to manage money, because we would have to make savings. but when it became rich it is sometimes difficult to manage money. the best way to manage money is learn to live frugally.
It primarily depend on use, poor people will have to manage their money as they do not have more money. They have to manage it for them to survive daily, their situation is very hard so they must be careful of dealing with their finances as needs is more important to them than wants.

I agree with you   it really depends  on the  capability  of  a person and you are  right   poor people would really need  to manage  their  money well  in able to survive .
Prioritizing the needs would    be the first thing rather  than  on wants.  Good  money  management would  really help you  out  to prolong   on everyday basis not only  on poor people  but on all people   but there  are really advantages for those person do recieve  ample amount of salary.

I could not agree more to that mate. I also have some realization lately that regardless of the amount of money an individual could have in any given month, if that person really don't know how to manage his/her finances, it would be really hard to come out having enough money saved at the following month.
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