How good are you at managing your money

[Whosdaddy]

i am not good in managing my money. almost what i've got is to pay my life and i only save a little amount for the next month. i wish i can manage my money as good as other people. i only hope that what i make with bitcoin will help me to save more money to me.

That's fine if you're spending it with your basic needs, what the OP wants to say is if you can't manage your money and tend to buy more on your "Wants" rather than keeping it for your "needs". Spending your money with your needs is definitely fine.

Basic needs should be prioritize over the other because if we don's spend we will not survive but what should be bear in mind that we control ourselves in spending our wants and instead put it into investment.

If you're able to prioritize your needs over your wants, then I can say that you're already good enough at managing your money. It's true though that investing your remaining money for maximum profit is a lot better than having to spend it with your wants. But it's not bad either to spend it with your wants, because it's never really bad to reward yourself every once in a while.

[dotajhay]

i am not good in managing my money. almost what i've got is to pay my life and i only save a little amount for the next month. i wish i can manage my money as good as other people. i only hope that what i make with bitcoin will help me to save more money to me.

That's fine if you're spending it with your basic needs, what the OP wants to say is if you can't manage your money and tend to buy more on your "Wants" rather than keeping it for your "needs". Spending your money with your needs is definitely fine.

Basic needs should be prioritize over the other because if we don's spend we will not survive but what should be bear in mind that we control ourselves in spending our wants and instead put it into investment.

If you're able to prioritize your needs over your wants, then I can say that you're already good enough at managing your money. It's true though that investing your remaining money for maximum profit is a lot better than having to spend it with your wants. But it's not bad either to spend it with your wants, because it's never really bad to reward yourself every once in a while.

you can spend it in your wants but do it sometimes not everyday or save money before you spend it for fun , or you need a passive income before you do it, business first 

[Doamader]

Im not the best and neither the worse, but one thing i know, this is something each one of us must know and handle the situation, if wanna buy something or make something will need to take care own pocket.

[freedomgo]

i am not good in managing my money. almost what i've got is to pay my life and i only save a little amount for the next month. i wish i can manage my money as good as other people. i only hope that what i make with bitcoin will help me to save more money to me.

That's fine if you're spending it with your basic needs, what the OP wants to say is if you can't manage your money and tend to buy more on your "Wants" rather than keeping it for your "needs". Spending your money with your needs is definitely fine.

Basic needs should be prioritize over the other because if we don's spend we will not survive but what should be bear in mind that we control ourselves in spending our wants and instead put it into investment.

If you're able to prioritize your needs over your wants, then I can say that you're already good enough at managing your money. It's true though that investing your remaining money for maximum profit is a lot better than having to spend it with your wants. But it's not bad either to spend it with your wants, because it's never really bad to reward yourself every once in a while.

you can spend it in your wants but do it sometimes not everyday or save money before you spend it for fun , or you need a passive income before you do it, business first 

Just bear in mind that you should live a balance life to be happy in this world, with that said that could mean that you have to spend also for entertainment of whatever that will please you and not just think of making money all the time.

[Wowcoin]

If i have a lot of money i think i will manage it for good. First buy food for my family second pay all bills so that nothing worry for it third for daily allowance and the last one save a little amount to earn for the future thats the way i manage my money. But now i have no earn because the my wage is not enough for our daily living.

[betohell]

Im not the best and neither the worse, but one thing i know, this is something each one of us must know and handle the situation, if wanna buy something or make something will need to take care own pocket.

yeah maybe I was in the middle I was not extravagant, but I'm not too clever in frugality. I did become balanced but more tend to shop. maybe I'll fix it again

[Jmild1]

Im not the best and neither the worse, but one thing i know, this is something each one of us must know and handle the situation, if wanna buy something or make something will need to take care own pocket.

yeah maybe I was in the middle I was not extravagant, but I'm not too clever in frugality. I did become balanced but more tend to shop. maybe I'll fix it again

It is still fine as long as your balance. It means that you still know how much you can afford to spend in shopping. The only problem is most people that do shopping is staking all their money in it without thinking for tomorrow.

[phreaky]

I've not got much problems managing my money. Every month i have a plus.
It's quite simple to achieve this if you manage your income and outcome closely. Just write it down in a spreadsheet.

[serjent05]

I've not got much problems managing my money. Every month i have a plus.
It's quite simple to achieve this if you manage your income and outcome closely. Just write it down in a spreadsheet.

Yeah it is the best way to monitor your input and output.  Have a record .  From there you can then set another budget for the next month.  Things needed to be ommitted and things need to be added and of course how much they worth.  And before that just take some percentage for savings.  this effective. I already tried it.

[CryptoBjorn]

I've not got much problems managing my money. Every month i have a plus.
It's quite simple to achieve this if you manage your income and outcome closely. Just write it down in a spreadsheet.

Yeah it is the best way to monitor your input and output.  Have a record .  From there you can then set another budget for the next month.  Things needed to be ommitted and things need to be added and of course how much they worth.  And before that just take some percentage for savings.  this effective. I already tried it.

Tracking your income/expenses is the first thing of getting your financial situation. If you got it on paper, make sure to see if you got debts. If you have, make sure to pay them first.
If not, start with a savings plan. F.e. save every month 10% of your income.

[LuanX3]

I don't spend so much, I keep it and sometimes I gamble, 'cause it's boring do nothing with your money

[betlord90]

I love managing money by budgeting it. I find budgeting pretty interesting thing, may be because I love maths
Money saving is not a challenge if you have determination to do so. And couponing is one of the major ways to save money.  You make list for what you've buy to spent money wisely.

[danherbias07]

I just let my wife take care of this things. She dont want me holding a small or even a lot money in my hands for she knows it will vanish in a blink.

[facepalm]

I recently discovered that I like playing with money.
So I bought some stocks. And a few altcoins.

[alyssa85]

The only advice I'd give people is don't have any debt, and have savings of about 6 months expenses. Apart from that, you can spend as you like - just don't get overdrawn, and remember that those who accrue wealth do so because they have no debts and they have capital to take advantage of various opportunities.

[freedomgo]

The only advice I'd give people is don't have any debt, and have savings of about 6 months expenses. Apart from that, you can spend as you like - just don't get overdrawn, and remember that those who accrue wealth do so because they have no debts and they have capital to take advantage of various opportunities.

Debt sometimes with distract our money management and sometimes we take loans just to buy unnecessary things and would not help us because the moment we already have a lot of loans we need to prioritize them and we cannot save anymore.

[Jmild1]

The only advice I'd give people is don't have any debt, and have savings of about 6 months expenses. Apart from that, you can spend as you like - just don't get overdrawn, and remember that those who accrue wealth do so because they have no debts and they have capital to take advantage of various opportunities.

I hate it when people lend money like they are nice guy the time they want to lend you but after lending them they will forgot the loan and doesn't seem to care anymore. Don't even take a loan if you can't pay it.

[terman45x]

The only advice I'd give people is don't have any debt, and have savings of about 6 months expenses. Apart from that, you can spend as you like - just don't get overdrawn, and remember that those who accrue wealth do so because they have no debts and they have capital to take advantage of various opportunities.

I hate it when people lend money like they are nice guy the time they want to lend you but after lending them they will forgot the loan and doesn't seem to care anymore. Don't even take a loan if you can't pay it.

Exactly and if you are saving money on regular basis then you don't have to go for loan anytime, as saving is the best way to help yourselves at the time of emergencies.

[dotajhay]

The only advice I'd give people is don't have any debt, and have savings of about 6 months expenses. Apart from that, you can spend as you like - just don't get overdrawn, and remember that those who accrue wealth do so because they have no debts and they have capital to take advantage of various opportunities.

I hate it when people lend money like they are nice guy the time they want to lend you but after lending them they will forgot the loan and doesn't seem to care anymore. Don't even take a loan if you can't pay it.

Exactly and if you are saving money on regular basis then you don't have to go for loan anytime, as saving is the best way to help yourselves at the time of emergencies.

You need a stored money so if it's emergency you can get your money and cashout it store it in lending trusted site or in your bitcoin wallet so if the bitcoin will raise and in case of emergency you will get it.

[Ilikechineseefood]

I am not that good in managing money, I think that I need to change my ways because it is not a god thing.
Saving and managing your money is a must because you need to have a back up.