How do you manage your money?

Discussion in 'Self Improvement and Being Successful' started by jacobflores, May 20, 2014.

  1. jacobflores

    jacobflores
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    How do you manage your money?
     
  2. 2garry

    2garry
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    i manage money by creating list of equipments to purchase and made it possible to get all of them at very lower cost...
     
  3. boysingh

    boysingh
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    I store it first in my Bank Account then Prioritize the things that I must really have..
     
  4. Mark T

    Mark T
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    I attended financial management seminars that allowed me to effectively utilize and invest my money on things that are worth it.
     
  5. jacobflores

    jacobflores
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    Stop spending money on frivolous stuff. Anytime you want to buy anything ask yourself the question, "Do I really need this?" If not, put it back on the shelf.
     
  6. Webcs-Peter

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    I try not to waste money on useless things.
     
  7. George Freeman

    George Freeman
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    There is 4 ways to collect money.
    1 - not to waste it.
    2 - working.
    3 - investment.
    3 - business.
     
  8. 2parry

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    schedule to buy things...
    where to spent or where not ..
    remove unnecessary things from your list and have your money..
     
  9. Michael Leng

    Michael Leng
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    I have created a Excel template file and fill out my expense (Money Out), income(Money) and balance (Money balance amount). Therefore, I can see how much my money are about. I attempt to cut off any of my wasteful bills and save at least 10% out of my salary.

    However, now I don't have any sleeping money in my wallet due to I have to pay for my car and house' s bills installation monthly. :)
     
  10. Clarence.Burn

    Clarence.Burn
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    I actually do that thing. Its good tip cause I stop buying anything that I don't need. Now I have lots of money. Lol
     
  11. jaynorth

    jaynorth
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    Making right type of investment from future perspective along with making budget helps a cause towards saving.
     
  12. 2garry

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    creating list things you want to buy
    create list which things which you don't want to buy
    try to save every penny from where you can
     
  13. showmethe$

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    Some interesting ideas behind managing your money. I think the bigger question is how do you create a budget, decide how much to put where for costs that can vary (such as gas) and how do you manage to stick to your budget and find the self-discipline to put that item back that you really don't need right now but is at an awesome price? :)
     
  14. Webcs-Peter

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    It's sound good to invest money in estate.
    It's a good business.
     
  15. ConanLake

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    Just try and plan out what you want to buy and try and start using cash to stop over spending.
     
  16. SConsultant

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    I love spending it :)
     
  17. JPMaroney

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    Action plan.
    Follow these simple steps to help you draw up a budget, make the most of your money, pay off outstanding debts and even start saving.
    1. Draw up a budget.
    2. Identify where you can cut back.
    3.Pay off loans and credit cards.
    4.Start saving.
     
  18. Onionman

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    Think short-, medium- and long-term and apply the right tools and strategies accordingly. It's an approach that I've had for a while (and admittedly I have a background in finance and teach personal finance), but as long as you have a plan in place you can adapt accordingly to situations. If you have no plan, you are at the mercy of the world around you - and that's not always good...
     
  19. dyanmarie25

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    I only buy what's necessary and what's cheap but good. We are working hard for the money so I think we should also spend them wisely. As much as possible, save the 10% of what you earn every month.
     
  20. Corzhens

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    This is actually a tough question but I will try to answer it. When our finances got better, I opened several bank accounts where I keep some of the excess income. I also invest in household items like appliances. In 2013, we bought 2 brand new cars as part of our investment - not really saving money but using the money. As far as I can say, I have been managing my money fairly well since we have never been delayed in paying the mortgage and the household bills.
     

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