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Author Topic: How do you budget your money in a day  (Read 2098 times)
Ypi79890
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November 28, 2017, 03:16:34 AM
 #101

I have an app on my Iphone which counts my expenses during all the day
semutracing
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November 28, 2017, 03:23:02 AM
 #102

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.

because I am married for the budget household needs I submit to my wife, and part of the proceeds from bitcoin I save for my future needs
rodelhomecillo
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November 28, 2017, 03:25:34 AM
 #103

I have an app on my Iphone which counts my expenses during all the day
Good app, can you name it please ? I want to make a try on it. Hope it will work
mariabenteng
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November 28, 2017, 03:35:30 AM
 #104

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.
  Me I can budget my money in a day  by not buying not inportant i spend my money to my child and others i will kept for my future
muging28
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November 28, 2017, 05:57:20 AM
 #105

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.
i save my money throughout the day because i study and i wouldn't be struggling if i haven't money so i'm not too spend to budget my money
AMHURSICKUS
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November 28, 2017, 06:18:52 AM
 #106

Budgeting money is very important. Especially for me, as student its hard for me to budget my money. Sometimes i have to ask my classmate if he/she have extra money, that i can use to buy things for my projects. So to budget my money i always try to save money as much as i can and i don't buy things that are not important so that if ever there's a project or contribution that i need to buy or pay there's a backup money that i can use.

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sorin90
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November 28, 2017, 06:26:19 AM
 #107

Mostly i think what kind of expenses are really needed, O always pay the bill forst so that i don't have any debts, and after that i'm thinking how to spend the rest. Btw i'm always trying to put a small part of my wage aside.

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n691309
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November 28, 2017, 08:30:13 AM
 #108

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 ways on how to budget your money in a day because no one knows what will happen in a day. Maybe there will be some emergency that you need to spend a lot of money, and sometimes you lose money because of some bad guys that steal your money in public or even in your account. Budgeting money in a day is also being wise, responsible and safe for a day.
The truth of course is that emergencies are bound to happen and we cannot run away from them, and this is why savings can really be of huge help in situations like this. Definitely, savings should be planned because I have always believed that investing is far better than just saving everything in a bank.

It is always good to let your money work for you so you can even get more. Bitcoin even made the matter so easy that you can even build your dream investment faster than you can imagine while still saving back some more into your wallet.
trickee
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November 28, 2017, 08:32:53 AM
 #109

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.
poor or rich need to budget our money especially our daily needs.as a wife i budget our allowance everyday when there is an allowance remaining we keep it in savings for my family emergency.yeah,you are right to budget is to success in wealth.we need to budget for know what we spend everyday.
X2PR8888
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November 28, 2017, 08:44:36 AM
 #110

Budgeting money is easy in theory but when it comes to actuallydoin it, there lies your biggest concern.  If I am to talk about budgeting for a month then the general rule for my household is expenses (utilities, mortgage, groceries, rent, allowance for work) plus savings and then less from monthly salary is whatever's left for me to spend on unnecessary things like hanging out at bars or coffeeshops.  Usually I could keep up with this but whenever there are occassions in the family, the budget tends to go out the window hence, making me not save anything at all for that month.

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trapp19
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November 28, 2017, 08:51:11 AM
 #111

Food 1st, for the day.you start from there, fare(if you work in office etc), everything else falls down to necessity.
save up whatever else your not gonna use for the day.. (and buy more cryptocurrency)
xSkylarx
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November 28, 2017, 08:53:37 AM
 #112

I spent most of my daily allowance in food almost 60%,
Then I would say about 10% in for my transportation fare and 15% for gaming in some internet shop or load for and another 15% for saving.
Honest Tim
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November 28, 2017, 09:09:44 AM
 #113

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.

I think anyones most expense is in on food, like spent most of my daily allowance in food almost 60%,
Then I would say about 10% in for my transportation fare and 15% for gaming in some internet shop or load for and another 15% for saving. The truth of course is that emergencies are bound to happen and we cannot run away from them, and this is why savings can really be of huge help in situations like this. Definitely, savings should be planned because I have always believed that investing is far better than just saving everything in a bank.
Budugbass
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November 28, 2017, 09:24:59 AM
 #114

As a student I think you have a very good thinking, it's very worth to do.. to avoid the habits of wasting a money.

As well as me, I'm focused it on saving rather than spending too much. I always prioritize the most important needs than any other needs in my daily life, if it's not too necessary I wouldn't to buy it. I prefer saving the money that I get/have, rather than spending it on things that are not so important.
Rufsilf
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November 28, 2017, 09:37:54 AM
 #115

I usually don't budget my money because i usually eat in my house and because of that i can save a lot of money because i don't need to go to fancy restaurants or even in the fast food chains nearby at my house and since i have my own car and it is electric then i don't waste too much money on gas which also helped me to save a lot of money.
wRexz
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November 28, 2017, 09:45:18 AM
 #116

For everyday purposes I always make a fixed budget of my daily expenses. I usually set about 2-5% per day from my income, for other purposes eg for unexpected expenses I budget about 10-15% of income. Many ways to make our spending budget for example through the application of our smartphone.
arief89
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November 28, 2017, 09:46:41 AM
 #117

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.
Your words are hard to understand but I'm trying to guess what you mean ...
A good financial management strategy is to shop as needed, do not shop for anything if you do not need it, then write down our fees, so we know our costs so far and can handle it well ...

CircularLoGic
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November 28, 2017, 10:02:28 AM
 #118

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.

I think you tried to say how much money do we use daily of our monthly income ?
I do get paid almost 2k to 3k in monthly salary and I use roughly 2000$ as expenses for living and using the rest
when I get paid high to invest in crypto. I do have some coins on cold storage and other used for daily trading.
So I think that almost in between a 15% and 30% of my monthly income goes to " Savings " .
Hope this clear your question asked.

stephanirain
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November 28, 2017, 01:09:18 PM
 #119

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.
In my own personal opinion, to budget your money in a day you should think first what possible things that you need to spend to like your foods, your trips and other expenses. I always do that before i left home  so i could not have any problems in using my money in my everyday life.

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Cointertrade
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November 28, 2017, 01:13:13 PM
 #120

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 was a wise decision towards a great future. I think it would be great if you can do it by dividing your money for every necessities. So just always think and be wise especially if money is involves.

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