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Author Topic: How good are you at managing your money  (Read 51510 times)
Maslate
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May 29, 2016, 11:21:48 AM
 #81

If money gain from my parents it's easy to lose them but money gain from my hand work is most valuable and I keep it for long time but I did accounting for my income

Agree. Back in my student days, how do I spend my allowance is really monstrous. No money left always to my weekly allowance. I spend on things that really a mess.

Now that Im a matured one, having my own family, self discipline and proper way of managing my money really tooks me for what I now today. Managing money is really my specialty now, at least since I get a decent salary.
all things can be learned using your past experience and facing your problem within money , friends and family you can achieve what you want if you going to be hardworked and all problems can be done  Grin
Its true or even you can read it all over the internet, the most important thing on proper managing of money that everyone should learn is discipline, its the implementation of your budget plan effectively, we should stick to the plan no matter what happen.

R


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May 29, 2016, 01:34:58 PM
 #82

As a student that earns bitcoin, I trade it right away because I have nothing to lose. I don't have responsibility yet to think. My bitcoin won't grow if i just concentrate earning it and not investing it where i think that i can earn more.

When it comes in managing my money I save it and just spend it when i crave for something or for special occasions.
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May 30, 2016, 12:19:37 AM
 #83

As a student that earns bitcoin, I trade it right away because I have nothing to lose. I don't have responsibility yet to think. My bitcoin won't grow if i just concentrate earning it and not investing it where i think that i can earn more.

When it comes in managing my money I save it and just spend it when i crave for something or for special occasions.
Good for you being able to responsibly manage your money, when I was a student I don't have that kind of thinking like yours. You have a good future ahead of you son, continue doing your craft and earn more in the future.
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May 30, 2016, 04:43:15 AM
 #84

It's always an advantage if you could learn to manage your money at such a young age. That discipline to properly manage your money will eventually become a habit, that it becomes natural for you. I myself do that by paying myself first after every payday, meaning a portion of my income goes to an investment right away, and I treat it as an expense. Now that I have my own family, I am finding it a little harder to manage my money because all of a sudden, the expenses have doubled. I guess that's how bitcoin has helped me. I am trying to find ways to augment my monthly income by investing in bitcoin and participating in signature campaign.
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May 30, 2016, 05:02:09 AM
 #85

It's always an advantage if you could learn to manage your money at such a young age. That discipline to properly manage your money will eventually become a habit, that it becomes natural for you.

Just like a saga of 18 year old millionairre.

But the only difference for the average person, that person has really lots of capital to start it's investment and business.

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May 30, 2016, 05:09:52 AM
 #86

I know how to make it, and for sure I know how to spent it. Saving is something in what I never was good. I'm working on it, but its going hard.
I count that still its not time for that I still have time for that. Life first, enjoying.. After that, when I get older I will approach much more seriously to that.



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June 01, 2016, 03:19:48 PM
 #87

I have never been good at managing money because when I get money I spend more then I actually have to spend. Managing money is not hard you just have to control your self at some times if you can do that it will become easy.
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June 01, 2016, 06:25:36 PM
 #88

If most of the world spent, or rather didn't spend, like I did there wouldn't be an economy any more. I pretty much have everything I want and the only thing I spend proper amounts on is travel. I don't have any kids, wives or ex wives, debts or addictions and intend to keep it that way.
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June 01, 2016, 08:13:26 PM
 #89

I have never been good at managing money because when I get money I spend more then I actually have to spend. Managing money is not hard you just have to control your self at some times if you can do that it will become easy.

You should start cause if you get a serious sum off bitcoin itself, its basically saying you dont value money itself.

Anytime you heard a football player going bankrupt or some pro athlete making millions with their contract and being poor says everything needed before getting paid big.

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June 01, 2016, 09:11:12 PM
 #90

For me managing my money is not a problem, currently I am working as online web designers and also completing different tasks on this forum in the services and other places available on internet, and so I spend only a little amount of it and for the remaining I am planning to start a small business.

I am also spending some amount of my bitcoins in trading online, it also have a good affect on my income,with that I can earn some extra money and that all amount is reinvested again in trading with bitcoin which then increases my earning percentage.

I also have another source of income from an offline source to my pocket, that amount is used for my daily use as my pocket money with that my Bitcoins are not affected and so I can easily store bitcoins at large scale.
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June 01, 2016, 09:27:35 PM
 #91

If most of the world spent, or rather didn't spend, like I did there wouldn't be an economy any more. I pretty much have everything I want and the only thing I spend proper amounts on is travel. I don't have any kids, wives or ex wives, debts or addictions and intend to keep it that way.
well yeah though in my opinion it is impossible not to spend any of your money because you would still need to buy the products for your regular daily needs and so on

i think that im pretty good at managing my money as i have never had any trouble with it such as getting broke or losing all my money so i believe that im good at saving
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June 01, 2016, 09:55:02 PM
 #92

I have never been good at managing money because when I get money I spend more then I actually have to spend. Managing money is not hard you just have to control your self at some times if you can do that it will become easy.
Lol yeaaa managing money means controlling money correct?
Controlling from unnecessary spending / expenses and minimize it.
A women usually has a natural skill doing this, a men I doubt can do it properly.
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June 01, 2016, 10:58:41 PM
 #93

I am not so bad on it, i can control my wastings and creating plans on my future spendings. Also i can hold my money when it's necessery like nowdays when halving is coming.

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June 01, 2016, 11:24:05 PM
 #94

I have never been good at managing money because when I get money I spend more then I actually have to spend. Managing money is not hard you just have to control your self at some times if you can do that it will become easy.
LOL you say that managing money is an easy thing you just need to control yourself, but you yourself can not do it? Lol you're saying it's an easy thing?
yeah I know you just need to control yourself. but to control self is very difficult
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June 02, 2016, 09:26:27 AM
 #95

Me i terms of how good is me in managing my money i can absolutely say that i dont have control on my self when it comes to money.As long as i have money i will just spent it to things that will make happy like eating or watching films with my friends.And i love sharing and treating my friends.No need  to manage  money,you can still earn it.

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June 03, 2016, 08:54:29 AM
 #96

I have never been good at managing money because when I get money I spend more then I actually have to spend. Managing money is not hard you just have to control your self at some times if you can do that it will become easy.
Lol yeaaa managing money means controlling money correct?
Controlling from unnecessary spending / expenses and minimize it.
A women usually has a natural skill doing this, a men I doubt can do it properly.
yeah girls are have the most better in controlling and managing their money not like boys, because mostly of boys wants always hangout , eat with friends outside , spending money from nothing, just enjoying their self.

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June 03, 2016, 11:03:02 AM
 #97

I have never been good at managing money because when I get money I spend more then I actually have to spend. Managing money is not hard you just have to control your self at some times if you can do that it will become easy.
Lol yeaaa managing money means controlling money correct?
Controlling from unnecessary spending / expenses and minimize it.
A women usually has a natural skill doing this, a men I doubt can do it properly.
yeah girls are have the most better in controlling and managing their money not like boys, because mostly of boys wants always hangout , eat with friends outside , spending money from nothing, just enjoying their self.
Yeah exactly most of the boys like me .that was the first thing that will never out with the boys hangouts ,but i can manage this matter through saying "im past" or not to join somewhere for the mean time. This includes the willingness to smart managing money.


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iv4n
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June 03, 2016, 11:11:54 AM
 #98

I don't know how to keep money, in my case its coming and going all the time. Small or big it doesn't matter, I will spent it somehow, somewhere.

But as I'm older I realize how smart is to save money and put it on a side. Managing money is not easy thing to do, but I'm thinking to make some serious plan for that and to finally start to working on that.

I agree with comment above " A women usually has a natural skill doing this, a men I doubt can do it properly. "  Its really like that,you said big truth with little words.

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Doms
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June 03, 2016, 11:13:23 AM
 #99

I think properly managing your money comes with age. The older you get, the more mature we become in handling our finances. I could say that for me, at least . When I was younger, I would always often wonder where my salary goes within a few days after payday. With more research and eagerness to save, I was able to discipline myself into having a savings. And then I got to learn about investment instruments like mutual funds, stocks, trust funds, and just lately, bitcoin. With all the experiences, losses, bad decisions, we tend to learn something which then serves as our guide into what our next money venture would be.
sallymeeh27
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June 03, 2016, 12:21:38 PM
 #100

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 try to place limits on my self because if I do not do that then I would spend all my money in the first two weeks. But I try to use a limited amount of money per week.
I too put limits to myself but even though it s really hard to not to spend money whenever you go around or at the mall I decided to turn my back on this things. I believe so that this is the only way for me to be able to save enough money for real. I always think of what are the things that I really need for me to survive or the necessary things that I can't live without. This are the most important only and then I stop doing socialization like going outside or malls, groups hanging out and others. This actually helps a lot to save and of course focus on things that are cheap or at a discount rate that you may consider.

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