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Author Topic: How good are you at managing your money  (Read 51519 times)
ASHLIUSZ
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July 06, 2016, 06:29:36 PM
 #241

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 am not that good in spending money because I like to spend it and buy new things for my self, I know that that is not good but that is who I am.
I need to manage my money a little bit better.
I will manage my money in a good manner, I keep saving certain amount every month and the rest I will spend for my family.
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July 06, 2016, 06:57:41 PM
 #242

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 am not that good in spending money because I like to spend it and buy new things for my self, I know that that is not good but that is who I am.
I need to manage my money a little bit better.
well i guess all the people like to spend their bitcoins and buy a lot of stuff, i manage my money pretty good even though im buying some things for me from time to time so i dont need anyone to help me

 
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July 06, 2016, 08:54:55 PM
 #243

I'm not good at managing my money, but I must say its lately going well with managing my money all the time.
I think that its nice to manage your money on a right now, you really have to do it on a good and safe way.
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July 07, 2016, 08:10:21 AM
 #244

I'm bad with mine  Cry Cry Cry (cars, girls & restaurants).

But very good with other's money (because i earn from mamaging money Smiley Smiley Smiley )
I think that I am pretty decent in managing money but I have had some trouble I the past with it because every time I would get paid I was spending my money.
You always need to save a percentage of every earning that you get, that is the best to save money.
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July 07, 2016, 01:40:26 PM
 #245

I'm bad with mine  Cry Cry Cry (cars, girls & restaurants).

But very good with other's money (because i earn from mamaging money Smiley Smiley Smiley )
I think that I am pretty decent in managing money but I have had some trouble I the past with it because every time I would get paid I was spending my money.
You always need to save a percentage of every earning that you get, that is the best to save money.

If you are a spender you will never gonna be rich, we need to instill discipline in our mind to be able to succeed in managing our money properly, surely there are many tempting things to buy outside but if you are discipline enough you can conquer the temptation.

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July 07, 2016, 01:44:23 PM
 #246

I am very bad when it comes to keeping what more in managing.  Grin When I have money in my hands it is easy for me to spend it or gamble it. That is why whenever I get big amounts I would rather change it to fiat than for it to go to something else.

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July 07, 2016, 03:27:40 PM
 #247

For the fiat, I just buy some bonds and save them for the long term. It is more secure than buying stocks.
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July 07, 2016, 03:29:20 PM
 #248

I feel like im pretty good at managing at my money. i save alot and only spend on my needs and barely any on my wants. the money i keep in btc is the money i dont rely on for the quality of my living.  Cool
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July 07, 2016, 03:47:39 PM
 #249

I feel like im pretty good at managing at my money. i save alot and only spend on my needs and barely any on my wants. the money i keep in btc is the money i dont rely on for the quality of my living.  Cool
Well, I guess it was a pretty good way. I guess I also managing my money like that, but I also made in the form of bitcoin, because it may be the price of bitcoin will increase with height and made me add my money   Grin
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July 07, 2016, 03:56:00 PM
 #250

I feel like im pretty good at managing at my money. i save alot and only spend on my needs and barely any on my wants. the money i keep in btc is the money i dont rely on for the quality of my living.  Cool

Good for you! I can't say the same thing about myself. Sometimes I spend more than I should on things which are not necessary to buy. I still don't know how plan my budget and I have a feeling that I will never be able to do it properly.

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July 07, 2016, 03:58:59 PM
 #251

i haven't been so good at managing my money so far but i have been trying so hard for a while now in order to get better at it. i am taking notes and monitoring all my expenses and earnings to have a better management on my money so i hope i am more successful in the future.

Buying the dip...
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July 07, 2016, 04:47:38 PM
 #252

For the bitcoin, there is no need to manage it. I just buy, hold and use it. I have done this for a few years.
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July 08, 2016, 06:18:23 AM
 #253

For the bitcoin, there is no need to manage it. I just buy, hold and use it. I have done this for a few years.
That is the simplest way to make money in bitcoins, simple as buy and hold. The more you hold the more chances you will earn as long as the price will favor on us investors.

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July 08, 2016, 06:26:39 AM
 #254

Let's say that managing in & out funds well is the first golden rule. Not to spend more than one's have is the first step.
Then planning a budget is also useful.
Next step is to set up goals, like saving $ 50 this week, $ 75 the next one.

I mean then it really depends upon anyone's circumstances but this is a pretty good start IMHO
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July 08, 2016, 06:52:38 AM
 #255

Let's say that managing in & out funds well is the first golden rule. Not to spend more than one's have is the first step.
Then planning a budget is also useful.
Next step is to set up goals, like saving $ 50 this week, $ 75 the next one.

I mean then it really depends upon anyone's circumstances but this is a pretty good start IMHO
I think that is a great plan in savings, very conservative and I am pretty sure anyone who is earning here in a daily basis would be able to follow managing plan.
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July 08, 2016, 08:17:11 AM
 #256

I am very poor in money management, and always find myself spending my coins right after I get them.
I have brought a few books about money management and currently understanding what's written in them and how can I apply that in my life. Cheesy

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July 08, 2016, 08:59:53 AM
 #257

I am very poor in money management, and always find myself spending my coins right after I get them.
I have brought a few books about money management and currently understanding what's written in them and how can I apply that in my life. Cheesy

May be that's because you are addicted of gambling or so, i know some people even get loans often to gamble as they are gambling addicted. I hope the ebooks will help you out managing your coins.
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July 08, 2016, 09:32:26 AM
 #258

I've learn to handle my money well the last couple of years. Being able to see what's coming in next to regular cost, makes it easy to spend money or even save money to start making new investments.

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July 08, 2016, 09:53:45 AM
 #259

Money can be a useful servant if it’s used properly. In fact, in most cultures, making and managing money is an important part of life. But try to keep a balanced attitude. “Money has its place, but it is not everything. We have to remember the things we like to do; our friends and families and also make sure that what we have is enough and we are content with it.
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July 08, 2016, 10:14:23 AM
 #260

I am very poor in money management, and always find myself spending my coins right after I get them.
I have brought a few books about money management and currently understanding what's written in them and how can I apply that in my life. Cheesy
There are things in life that takes a while to learn and have discipline at. One of them is proper money management. Since you mentioned that you are already reading books about how to handle your money, I think that is already a huge step in the right direction. If you would just be able to put to good use what you've been reading, then that would be great for you.
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