How well do you manage money

@gknott (936)
United States
December 12, 2006 7:02pm CST
I would like to hear tips on managing money, just day to day things, not long term investing. Thanks
1 person likes this
2 responses
@wmg2006 (5383)
• United States
17 Dec 06
I try to really think about purchasing things. I ask myself do I really need it and even sometimes wait a day before purchasing. I also try to condition myself to put some change away in a bank in the house for a future vacation. I already have over 300.00 in silver coins, I don't save the pennies in this bank. I have other penny banks. Another thing is to put at least 5.00 a week away in a lock box or a drawer. I started doing this years ago and I am now able to put 100.00 a week away. When I pay a small account off I put that money away, because it will not affect my budget. Also, the best thing for me is to live by a very strict budget. I give myself a very small portion of my paycheck in cash and everything else is applied to the bills. I sit down every month with pen and pencil and write out which bills will paid weekly with my check. So far all these things have worked. One more thing I did, I started either coming home for lunch or taking my lunch to work, this cut down a lot on my funds!
@gknott (936)
• United States
18 Dec 06
This is a very sound, wise tips. I will try to start some of them or all of them. Thank you.
@vijay12 (1643)
• India
13 Dec 06
Moderation.
1 person likes this
@gknott (936)
• United States
13 Dec 06
Short and Sweet, very wise advice. Thank you
1 person likes this