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Author Topic: How do you budget your money in a day  (Read 2108 times)
jamzjosef (OP)
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November 22, 2017, 10:25:22 PM
 #1

For me budgeting money in a day leads to your success in wealth. As a student I budget money in which atleast 50% of my allowance will be part of my savings. So you how do you budget your money? I wanna know your strategy.
theguy217
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November 22, 2017, 10:28:47 PM
 #2

For me budgeting money in a day leads to your success in wealth. As a student I budget money in which atleast 50% of my allowance will be part of my savings. So you how do you budget your money? I wanna know your strategy.

ًWhat are you trying to say ? I couldn't figure it even one meaningful phrase out of this.

Try again. Or learn english first.
LRPchange
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November 22, 2017, 10:31:25 PM
 #3

For me budgeting money in a day leads to your success in wealth. As a student I budget money in which atleast 50% of my allowance will be part of my savings. So you how do you budget your money? I wanna know your strategy.

ًWhat are you trying to say ? I couldn't figure it even one meaningful phrase out of this.

Try again. Or learn english first.

There is a budgeting strategy for millenials by a Singaporean billionaire. Google and read, it might help ya. Cheesy
Anonylz
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November 22, 2017, 10:34:50 PM
 #4

Budget your money? What do you mean with this, please, stop using that shitty translator because i could not even understand a single word of what you have posted in there.
And yes, if you mean, how we distribute our money during the whole day, well, it depends on how the day is going, usually i use to spend more than ten dollars per day just to launch, and it is huge because in my country you can usually lunch with less than five dollars if you dont want to spend a lot of money.
Well, it depends on each country too.
But try to improve your english first, it is very difficult to understand, and most for those who doesnt give a shit about english.

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Hydrogen
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November 22, 2017, 10:52:21 PM
 #5

I think rent and food usually take up the largest chunk of a person's paycheck. Rent costs usually can't be changed so food is the first thing most people focus on. Value meals at fast food restaurants are what many would resort to. There are recent health trends which claim fasting 16-18+ hours a day can have a healing/regenerative effect on a person's body. Fasting can also help reduce cost per day spent on food and have health benefits as well. There are a lot of little things a person could do to save money on food. Buying a 5 gallon jug and filling it with potable water at supremarkets rather than buying starbucks coffee or something else. I think they charge around 50 cents for more than a gallon of drinking water which is much cheaper than 50 cents for 12 fluid ounces of what you'd get in a can of soda.

Cost savings extend to entertainment. Doing things for fun that don't require money to be spent. I never took any of this seriously but I did save near to $10,000 inside 2-3 years, once. Just by being a boring person, not going out all the time, with my main source of entertainment being hanging out at a skatepark trying to learn new tricks on a skateboard.
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November 22, 2017, 10:52:27 PM
 #6

I guess OP wanted to ask for advice where to invest 50% of its scholarships to multiply your savings. It seems to me that such advice makes no sense to listen. This is an important decision which you must make. If you are interested in bitcoin then you need to study this subject and make an informed choice.
Flowzer
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November 22, 2017, 10:53:21 PM
 #7

doubling money needs special skills for you to get what you want. maybe by trying to trade or gambling. you can try it to earn more. trading just takes patience in investing wait time coin prices rise. so that gain gets increased. gambling is the fastest way to get bitcoin. but also the quickest way to get a loss.

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November 23, 2017, 01:03:45 AM
 #8

I budgeting my money everyday by buying important things rather than spending my money in non sense I saving for the next day or month to come

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robinsonnde
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November 23, 2017, 01:06:19 AM
 #9

I budgeting my money everyday by buying important things rather than spending my money in non sense I saving for the next day or month to come
The definition of "important things" is really hard to figure out. Like this thing is important to you but it's worthless to others. So i think you should spend it for your daily needs first, like paying the bills, buying foods,...
Pinkris128
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November 23, 2017, 01:26:41 AM
 #10

For me budgeting money in a day leads to your success in wealth. As a student I budget money in which atleast 50% of my allowance will be part of my savings. So you how do you budget your money? I wanna know your strategy.
My strategy in budgeting my money is by spending it wisely. I only buy the things that i need not the things that i want although sometimes i buy some things i want but not that too many or too expensive. Also, learn to invest to some stock market or to bitcoin for you to generate money. It is a good way to invest for your future life.
lazaruseffect11
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November 23, 2017, 01:29:22 AM
 #11

For me budgeting money in a day leads to your success in wealth. As a student I budget money in which atleast 50% of my allowance will be part of my savings. So you how do you budget your money? I wanna know your strategy.
There are many creative ways on how to manage or budget your money in a day. For me, i manage my money by spending it wisely. I spend most of my money for a day to my daily needs like food. I dont buy some things that i want unless it is badly needed. We should be responsible enough for us to manage our money well.
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November 23, 2017, 01:48:29 AM
 #12

For me budgeting money in a day leads to your success in wealth. As a student I budget money in which atleast 50% of my allowance will be part of my savings. So you how do you budget your money? I wanna know your strategy.
Actually I have already son and we need to give his daily needs especially his milk. Bitcoin really help us to survive every but we are still budgeting it for us to have savings also. Like if have already get my bounty reward of campaign the 50% is for our daily needs the other 10% is for our responsibility the 20% is for our savings then the 20% left is for our wants too like shopping clothes and many more.
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November 25, 2017, 12:01:29 AM
 #13

If think the same as you, my point of view is that the budgeting money in day/month/year leads to financial independence and success in wealth. As student as you I also try to not spend a lot/ too much money. And I always try to safe as much as i can. So you only need to spend your money smart only for needed.
DaMut
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November 25, 2017, 12:26:27 AM
 #14

well your question a bit hard to understand by common sense,
let me guess it,
you were asking about how to control your money everyday while you're only get a money monthly ?
everybody have their own life and problem,
for them who do not have any problem in their life,divide it into 3 parts is a good choice.
but for them who has a problem with their financial dividing it will not solve the problem,even it will make it worse.
as a student that do not have a problem,dividing money into 2 parts is a good idea,
but it would be better to add your strategy a little bit,
for example like this :
you have an allowance every month,keep it a half as as saving and half of it for your daily basis.
and in the next month do the same thing,but use your money that you kept a months ago into doing a small bussiness or trading.
you get your allowance every month and at the same time you get your own money from your bussiness or trading.
remember,always spare some cash to back you up
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November 25, 2017, 12:53:28 AM
 #15

For me budgeting money in a day leads to your success in wealth. As a student I budget money in which atleast 50% of my allowance will be part of my savings. So you how do you budget your money? I wanna know your strategy.
Budgeting your money is like budgeting your time, you should be responsible enough with yourself. Spend your money wisely by buying only the things that you need for a day. Dont spend your money to some useless things that you dont even need. Spending your money to something that you want is not bad but put a limitation to it.



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November 25, 2017, 01:01:30 AM
 #16

Budgeting money is really depends on you. You should use your common sense on how you manipulate your money per day. And you should be responsible enough with yourself to spend money everyday.
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November 25, 2017, 01:15:08 AM
 #17

If you're asking us how we budget our money in a day, I list my daily expenses in order important to less important and i don't buy anything i don't need unless it really is an emergency. Budgeting your money is one of the key to success if you learn how to use your money correctly it is a big step for you to a succesful life.

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November 25, 2017, 01:41:46 AM
 #18

Budgeting your money depend on Credit and Debit table, and i think monthly, so hard to daily. This is of min : 35% for your neccesary demand (eat, drink,....), 15% for connectivity (friend, travel), 15% for buy some books, 15% for investing, 15% for accidently, then 5% for saving.

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November 25, 2017, 01:55:27 AM
 #19

For me budgeting money in a day leads to your success in wealth. As a student I budget money in which atleast 50% of my allowance will be part of my savings. So you how do you budget your money? I wanna know your strategy.
Actually I have already son and we need to give his daily needs especially his milk. Bitcoin really help us to survive every but we are still budgeting it for us to have savings also. Like if have already get my bounty reward of campaign the 50% is for our daily needs the other 10% is for our responsibility the 20% is for our savings then the 20% left is for our wants too like shopping clothes and many more.
As a parent I make sure to manage my money wisely. To budget is to plan. There is a saying "if you fail to plan then you plan to fail". I make a list or record all my expenses daily  with date and price. Then at the end of the month I separated all my expenses. All my total expenses will be my underlying to make a budget plan. I consider the fixed expenses as an important of course. It includes my rental, tuitions for my kids,savings for an emergency cases and our personal savings. Our food belongs to variable expenses because it may change its price in the market sometimes. I can also reduce our transportation budget because we can walk with my children going to school as it is not far away from our house.
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November 25, 2017, 02:12:30 AM
 #20

For me budgeting money in a day leads to your success in wealth. As a student I budget money in which atleast 50% of my allowance will be part of my savings. So you how do you budget your money? I wanna know your strategy.

Being student is the hardest part of life as a young child. A lot of activities and a lot of home works to do, but I don't think that a money is one of the problem as a student. My family is not that rich but as a student, I've never think of budgeting my money, why? Because I don't have that money to budget.

When I was a student, even in high school, my mom will just give me money exact to how much I need, I cant buy anything with the money, not until I've gone to college where I started to work and gain myself some money. I think as a student, prioritize your money to school, it is not that you need to buy all of the things you need but you must prioritize buying that you need first in school than the things you just want to buy. Try to be contented with what you have because most of your classmates might have something that will make you decide to buy things and affect your savings. Before you think of saving your money, always calculate how much you will be needing for a day so you can distance yourself to things that you might buy without thinking.
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