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Author Topic: How good are you at managing your money  (Read 51506 times)
Grobogan
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October 25, 2016, 10:16:09 AM
 #781

I have had some troubles in managing money in the past especially when I have earned less money and am spending more that I have earned but I got over it. The secret is in reaching that balance in your life to know how much you spend versus how much you earn and then try to balance these two in regard of each other.
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October 25, 2016, 10:17:48 AM
 #782

Feel like age has made me more in tune with my financial investing and having a lady in my life keeps me from going off the deep end and doing something stupid with my money. So I make a point of talking to a lot of older folks to tap in to their wisdom on how to make a decent life with what you got and its really made me respect money more than I used to.

That is good for you finding a lady that knows how to guide you in managing your finances. Not most people can find a partner like that. Aside from talking to old people, you can also read books about managing finances. It helped me a lot in learning how to control my unnecessary expenses by reading a lot of books and applying them to my life.

Best thing to manage your money is not to spend them on useless things and you need to have great level of self control and if you lack it then you won't be able to save your money any time.

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October 25, 2016, 02:57:23 PM
 #783


Best thing to manage your money is not to spend them on useless things and you need to have great level of self control and if you lack it then you won't be able to save your money any time.

Tip if you can't control yourself: put your savings in one place and forget that it exists.

Think that once you have put your money in there, you can't have access to it anymore.

Whatever happens do not touch it - don't fool yourself by saying "I'll borrow from this fund first and I'll just give it back on my next pay day."
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October 25, 2016, 03:29:16 PM
 #784

I have had some troubles in managing money in the past especially when I have earned less money and am spending more that I have earned but I got over it. The secret is in reaching that balance in your life to know how much you spend versus how much you earn and then try to balance these two in regard of each other.

That is basically how you do it but it is easier said than done. Temptation comes along and will ruin your plan or your budget. The hardest part of it is discipline to stick to your budget. Without it, whatever balance you do to your money, you will never succeed.
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October 25, 2016, 03:52:20 PM
 #785

managing money is one of the hardest things in my opinion. and i have always been strugling with doing it the best way possible.

especially when you are like me, earning little money and you have a lot of expenses, you will have a hard time managing money till the end of the month.

It would probably be hard for those who earns less than what they spend in a month, because if you spend $200 a month and you are earning just $150 in your salary then it would probably make troubles for you, in that case you are suppose to cut down your expenses or find another source of income to fill the gape.
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October 25, 2016, 04:58:34 PM
 #786

managing money is one of the hardest things in my opinion. and i have always been strugling with doing it the best way possible.

especially when you are like me, earning little money and you have a lot of expenses, you will have a hard time managing money till the end of the month.

It would probably be hard for those who earns less than what they spend in a month, because if you spend $200 a month and you are earning just $150 in your salary then it would probably make troubles for you, in that case you are suppose to cut down your expenses or find another source of income to fill the gape.

Right, and also I want to suggest that we can fill our gape to use the bitcoin, and earn the bitcoin in our free time, because bitcoin is only one and free hand made work, where we can do anywhere without any problem and timing, It will be seem like our part time job and give us extra amount to fill the gape.
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October 25, 2016, 06:40:29 PM
 #787

I don't have that much money, especially in Bitcoin. When I reach 50$ in BTC, I just cash them and use for buying some usual stuff. However, I have a friend who earns some btc and always tries to have 1 btc. In cases when he cashes money he uses it to buy something luxurious like Grano Padano or caviar. Interesting way of using btc, isn't it?

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October 25, 2016, 06:43:35 PM
 #788

I think managing money doesnt fully dependent on salary,because if you have habits like gambling or drinking then you cant even manage high salary and one can manage small salaries as well if he spend carefully.
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October 25, 2016, 06:49:22 PM
 #789

I think managing money doesnt fully dependent on salary,because if you have habits like gambling or drinking then you cant even manage high salary and one can manage small salaries as well if he spend carefully.
Yes and specially in gambling because i do that also,i dont even know while gambling and loose so much amount in hours and where as if i spend them it lasts for many days and i can do a lot of fun with that amount,so for managing the money better,you must be away from the gambling.
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October 25, 2016, 06:50:39 PM
 #790

I think managing money doesnt fully dependent on salary,because if you have habits like gambling or drinking then you cant even manage high salary and one can manage small salaries as well if he spend carefully.
Well i think it will be still depends in you how to manage it.. even you have habits like drinking or smoking it can not affect it a lot but in gambling it can be affect to you that can be trigger to deposit more and gamble again..
So its not a good idea.. its still good to save your salary from your partial salary in your job so that you can use them in the right time.
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October 26, 2016, 02:30:43 AM
 #791

I think managing money doesnt fully dependent on salary,because if you have habits like gambling or drinking then you cant even manage high salary and one can manage small salaries as well if he spend carefully.
Well i think it will be still depends in you how to manage it.. even you have habits like drinking or smoking it can not affect it a lot but in gambling it can be affect to you that can be trigger to deposit more and gamble again..
So its not a good idea.. its still good to save your salary from your partial salary in your job so that you can use them in the right time.

Whatever makes you happy you have to do it, we will just live once so we have to live to the fullest as they say. However, it is not right to spend more than in our budget as there are things that we need to prioritize and that is our needs, our wants will just follow when there's an extra amount left and IMO drinking liquors and gambling is your wants so stick with the budget..

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October 26, 2016, 02:43:31 AM
 #792

I think managing money doesnt fully dependent on salary,because if you have habits like gambling or drinking then you cant even manage high salary and one can manage small salaries as well if he spend carefully.
Well i think it will be still depends in you how to manage it.. even you have habits like drinking or smoking it can not affect it a lot but in gambling it can be affect to you that can be trigger to deposit more and gamble again..
So its not a good idea.. its still good to save your salary from your partial salary in your job so that you can use them in the right time.

Whatever makes you happy you have to do it, we will just live once so we have to live to the fullest as they say. However, it is not right to spend more than in our budget as there are things that we need to prioritize and that is our needs, our wants will just follow when there's an extra amount left and IMO drinking liquors and gambling is your wants so stick with the budget..
For me not all the time we need to consider our family we do not need to be happy just only our self, and most of the people are thinking for the future of our kids before our own happiness. That is why we need to manage our money to have savings for their future.
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October 26, 2016, 03:35:07 AM
 #793

I think managing money doesnt fully dependent on salary,because if you have habits like gambling or drinking then you cant even manage high salary and one can manage small salaries as well if he spend carefully.
Well i think it will be still depends in you how to manage it.. even you have habits like drinking or smoking it can not affect it a lot but in gambling it can be affect to you that can be trigger to deposit more and gamble again..
So its not a good idea.. its still good to save your salary from your partial salary in your job so that you can use them in the right time.

Whatever makes you happy you have to do it, we will just live once so we have to live to the fullest as they say. However, it is not right to spend more than in our budget as there are things that we need to prioritize and that is our needs, our wants will just follow when there's an extra amount left and IMO drinking liquors and gambling is your wants so stick with the budget..
For me not all the time we need to consider our family we do not need to be happy just only our self, and most of the people are thinking for the future of our kids before our own happiness. That is why we need to manage our money to have savings for their future.
actually if you were a parents,you don't need to be that prepared for your children,give them money for education and just daily money,they need to feel the struggle of living so they will grown with such strong to face problem

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October 26, 2016, 08:51:37 AM
 #794

I think managing money doesnt fully dependent on salary,because if you have habits like gambling or drinking then you cant even manage high salary and one can manage small salaries as well if he spend carefully.
Well i think it will be still depends in you how to manage it.. even you have habits like drinking or smoking it can not affect it a lot but in gambling it can be affect to you that can be trigger to deposit more and gamble again..
So its not a good idea.. its still good to save your salary from your partial salary in your job so that you can use them in the right time.

Whatever makes you happy you have to do it, we will just live once so we have to live to the fullest as they say. However, it is not right to spend more than in our budget as there are things that we need to prioritize and that is our needs, our wants will just follow when there's an extra amount left and IMO drinking liquors and gambling is your wants so stick with the budget..
For me not all the time we need to consider our family we do not need to be happy just only our self, and most of the people are thinking for the future of our kids before our own happiness. That is why we need to manage our money to have savings for their future.
actually if you were a parents,you don't need to be that prepared for your children,give them money for education and just daily money,they need to feel the struggle of living so they will grown with such strong to face problem
Give what the kids need for them to grow healthy and educated, if you can fulfill their needs with the amount of money you are earning then it is just right to treat yourself sometimes to enjoy so that you will live a meaningful life in this world.
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October 26, 2016, 09:21:59 AM
 #795

Im not good in managing money. When I started to learn playing
gambling, Ive become addicted to it, and become lose all my btc.
Perhaps, I must learn to control my earnings in btc and learn how
to manage well my money.
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October 26, 2016, 10:13:14 AM
 #796

I would give myself a poor rating. Sometimes bills aren't paid on time, I'm surprised I still have Internet right now actually.
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October 26, 2016, 10:20:37 AM
 #797

I think managing money doesnt fully dependent on salary,because if you have habits like gambling or drinking then you cant even manage high salary and one can manage small salaries as well if he spend carefully.

That is what called managing the money in a good way, if you have a small salary and still it fits your needs well and you still save something out if it and sometimes even if you have a big salary you still wont be able to do everything you want nor you can save anything out of it, it all depends on the ways you spend your money.
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October 26, 2016, 10:23:12 AM
 #798

I would give myself a poor rating. Sometimes bills aren't paid on time, I'm surprised I still have Internet right now actually.

in fact, many of you as well as unorganized. I also like this. But I try to fix it yourself. Petomu began to record all your income and expenses
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October 26, 2016, 10:23:19 AM
 #799

I think managing money doesnt fully dependent on salary,because if you have habits like gambling or drinking then you cant even manage high salary and one can manage small salaries as well if he spend carefully.

That is what called managing the money in a good way, if you have a small salary and still it fits your needs well and you still save something out if it and sometimes even if you have a big salary you still wont be able to do everything you want nor you can save anything out of it, it all depends on the ways you spend your money.
living don't need that much of money to be honest,with small salary you can still live,the lifestlye is the only factor that make your live consumtive especially if you have such a big monthly salary you will really want to buy anything that is interesting,and the other is those habits that had been mentioned above

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..PLAY NOW..
20kevin20
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October 26, 2016, 10:41:46 AM
 #800

I'm pretty good, I used to spend enormous amounts before on useless stuff but now I have 'upgraded my skill' and only spend when necessary. This way I can manage to save hundreds in just weeks.
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