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Author Topic: How good are you at managing your money  (Read 51510 times)
Cyaren
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June 08, 2016, 07:41:50 AM
 #141

Well, when i received my money from signature campaign, i always spare some to invest and the rest for saving. I think it's already good for managing my money.
From every amount of money you earn you should put some on the side and save that. That is a good way to manage money, always have some savings left for emergencies.

Yeah. I agree, you should always have some emergency backup money ready for use if you ever needed to access it. However, you should also think about your current capital and how you can put that into use.

Also another very important part is how much you spend on socialising and enjoying yourself. If you spend too much, then that's not money well managed.
According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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adibe
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June 08, 2016, 07:46:00 AM
 #142

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.
ning_chang
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June 08, 2016, 09:05:30 AM
 #143

Im not good in managing my money, I bought 4 random games in steam and I never played it.Now im being careful in using my BTC, I promise to my self not to buy Things using bitcoin this month.
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June 08, 2016, 09:09:01 AM
 #144

Well ill say that im half bad at managing my money. I save up my money but I buy many useless things. Thats why im half bad at managing my money.

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June 09, 2016, 02:48:01 AM
 #145

Well ill say that im half bad at managing my money. I save up my money but I buy many useless things. Thats why im half bad at managing my money.
You focus on you basic needs that buying useless things, I have a piece of advice to you to get some profit. Why not buy bitcoins now and save it for the the coming halving, I would guarantee you profit, just trust bitcoins and risk some money.

R


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pooya87
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June 09, 2016, 03:21:35 AM
 #146

i can confidently say that i am pretty good at managing my money. i have been practicing it my whole life, that is what happens when you are not rich and every single penny is worth a lot for you. and i have to say i am glad to have this skill and also it is not a hard thing to do, you just need a plan according to your earning vs expenses.

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Zooplus
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June 09, 2016, 04:46:18 AM
 #147

i can confidently say that i am pretty good at managing my money. i have been practicing it my whole life, that is what happens when you are not rich and every single penny is worth a lot for you. and i have to say i am glad to have this skill and also it is not a hard thing to do, you just need a plan according to your earning vs expenses.
That's good at least you experience have already practice it while you are still poor or an average person, in that way when you become rich you are manage your funds easily and it would be hard for you to get back from being poor as when if that will happen you can easily get back on track as you have already discovered the secret. Regardless of our status in life, managing your funds is very important to secure our future when things does not turn to us anymore.
Doms
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June 09, 2016, 04:56:44 AM
 #148

Good money management is a habit that should be learned by everyone. Nowadays, there are many ways in which you could seek assistance to create this habit. You can search online for tips and advises on how best you can maximize what you earn. I, myself, am subscribed to newsletters that regularly send me articles about how to put my money to good use. I know that there are so many temptations that sometimes drags us away from our money goals, but we should avoid instant gratification for a better and more stable financial future.
Bitcoinbro
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June 09, 2016, 07:42:16 AM
 #149

for real i'm not good in managing my money.

especially when i have bitcoin, i always deposit it to my favorite gambling site

and gamble with it, i always lose of course, i seldom win, and everytime i win

i just keep on gambling them. so in the end i will still lose my bitcoin.

its hard to control if you are holding bitcoin and your hobby/ past time is gambling.

i always cant do that
I am not that good at managing money, I always give out to much money so you do not ask me about managing money. Only if I really need to save money for something that I want I can save money.
vero
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June 09, 2016, 07:53:28 AM
 #150

Well ill say that im half bad at managing my money. I save up my money but I buy many useless things. Thats why im half bad at managing my money.
You focus on you basic needs that buying useless things, I have a piece of advice to you to get some profit. Why not buy bitcoins now and save it for the the coming halving, I would guarantee you profit, just trust bitcoins and risk some money.
If you can give a guarantee why you still talk about risk? In my view halving maybe will not help much to the price of bitcoin since the price has back to stable again.

Zooplus
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June 09, 2016, 08:41:28 AM
 #151

Well ill say that im half bad at managing my money. I save up my money but I buy many useless things. Thats why im half bad at managing my money.
You focus on you basic needs that buying useless things, I have a piece of advice to you to get some profit. Why not buy bitcoins now and save it for the the coming halving, I would guarantee you profit, just trust bitcoins and risk some money.
If you can give a guarantee why you still talk about risk? In my view halving maybe will not help much to the price of bitcoin since the price has back to stable again.
We all have our opinion in the coming halving but what is important is that we only put the money that we can afford to lose. If you believe that halving will give you a good profit then go ahead and invest beside this is our money and no one your control us. We take the risk so we deserve the reward. Halving for me is a good opportunity to earn and that's it period.
hermanhs09
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June 09, 2016, 10:12:29 AM
 #152

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.

Yeah, definitely. Gambling is a huge part of managing your money. If you cannot resist the thought of gambling, then bad luck. You won't be able to succeed in managing your money at any level.

Resisting lures is a skill that can only be acquired over time.
yhansky
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June 09, 2016, 11:55:55 AM
 #153

Buy only the things that has value or something that would help you..
Never use your money in a wrong way like investing on hyip thats not good..
Maslate
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June 09, 2016, 03:06:09 PM
 #154

Buy only the things that has value or something that would help you..
Never use your money in a wrong way like investing on hyip thats not good..

HYIP is the cancer of the community and we don't want people who are new to bitcoins would be attracted due to HYIP as they will never appreciate bitcoins if they lost in their venture.

R


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bamboylee
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June 09, 2016, 05:09:16 PM
 #155

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?

Almost all the bitcoin I earned, I have never spend yet. I am using the fiat I earned from my day job to sustain my daily needs. The bitcoins I earned, I just store it in my wallet. It is fun to watch as my bitcoins slowly grow. I will use them one day, but I still don't know what to spend it to.
ardentvolcanoes
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June 09, 2016, 05:25:48 PM
 #156

actually i'm not good at managing my money as a student i can't stop myself from making an expenses . and also when i get hungry i can't stop myself on spending for the food i wanted to eat  Grin Grin i want to save money but i don't want to suffer from starvation and craving for foods . haha
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June 09, 2016, 06:04:26 PM
 #157

I once was really shity at managing my money, expending more than I earned and also making credit card debt, I learned the hard way how important is to save money. It's to goddamn stupid not to save money.
Today I plan ahead all my expenses and keep track of every penny I expend.
Managing your money and expenses should be something taught at school cause if u don't have a saving account who would save u in a moment of need? The government's social security? HA HA HA  Roll Eyes
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June 09, 2016, 06:16:51 PM
 #158

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.
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June 11, 2016, 02:21:24 PM
 #159

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.

R


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Zooplus
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June 12, 2016, 05:11:47 AM
 #160

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.
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