manage money

I guess we have to discipline ourselves in spending our money. You have to ask yourself "Do I really need this?" before you buy something. Sometimes we are tempted to buy things especially if they are on sale. LOL. If we really want to save money maybe it's better if we will only buy the things that we need. We have to budget our money wisely because it is really hard to earn.

I usually set a budget so that I will not overspend. Everything that is left from my earnings is set aside for emergency purposes.

First,you have to write your budget and list about what you need to buy,but before that you must spend your money for the future,for example for insurance or saving to your bank account.

This is not an easy thing to do because there are tempting stuff to buy everywhere. You need to have a large dose of self-discipline in order to be able to resist temptations.

As soon as you have the money, first and foremost get the 10% of it give it to charitable institutions or to your church. Then, get the 20% for savings and the rest amount is for your expenses. Save for the rainy days.

Money is a huge part of our life. It can determine what we can do and where we can go if we have money. So it is important for us to learn how to manage our money the right way. In money management we have to understand where our money is coming from, where its is going to, and we have to make sure that the way we spent our money falls in line with the things that matters most to us. Sometimes we can't avoid buying things that we don't really need. We have to think not only twice if it's really worth it to buy this and that. Since I don't I am not working now I am more wise to spend money. I think more before I buy things.

It is worth working out how much money comes in and thinking about how much of it goes out. It is sensible to have some saving challenges and achieve some or all of them. Martin Lewis is the money saving expert and he suggests ways to ensure you are getting the best deals on utilities, car insurance, home insurance, food shopping and in many others. He says compare prices using the Internet and act accordingly. People can get a money mantra card and it says on one side if you are skint don't buy it. The other side says if you want to buy it you can't unless you have checked it is the cheapest available for sale. He says some people can want something then have a 28 day rule. If they still want it in a months time they can buy it. At the supermarket allow a limited amount of money to be spend for the food and drinks. Yes, lots of willpower is necessary.

hi there, managing your finances is a mind-numbing task especially if you are doing it for yourself. since there are a lot of do's and dont's for you to consider. but, doing it for yourself is a good practice since you can learn the process of handling and saving your money.

Hi friend, welcome to mylot. We all are working hard to earn money. It is not easy to make money with out dedication and hard work. We must spend our hard earned money in a good way and manage it as much as we can. It is easy to spend money by it is very hard to earn the same amount of money. So we must be very careful while spending our money. We all know what is necessary and buy only the things which is necessary to you and avoid spending money with unwanted things, also buy the things which is cheap and best. Don't spend money lavishly, for example if you need a pen and it will available in two sort with 2 dollars and 20 dollars, try to buy the pen with 2 dollars, it will help you to save the balance 18 dollars and you can use that money in an useful way. Give importance to the quality of the things and buy the good things with economical price. Plan a budget for your expenses and try your maximum to follow the budget and save some money. We don't know when will we face some unexpected spending like hospital, doctor check up and other necessary needs. We must allocate some money for our unexpected expenses in our budget and spend the rest in a good and useful manner. Spend your money wisely, it will give more satisfaction to you, as well as you have the ability to avoid unwanted debts. If you are spending a lot of money with unwanted things, you are in need to get some debts from others and work hard to solve this debts. We can avoid this kind of things with proper money management ideas. Organize your spending and plan for your purchases. Try to buy the things with offers, it will help you to save money. Buying things in bulk manner will help you to get discounts as well as you can save the things for future use. Don't buy all the things in bulk manner, since some things are not good in this sort. Try your maximum to avoid getting debts from others and plan your spending wisely, it will help you to manage your money. Don't work hard to increase your earnings, it may spoil your health and give some unwanted expenses. Take care of your health and organize your money in a good way.

This was a good topic because many people spend to much beyond their means. The truth is not difficult to manage money properly. Have goal in your mind, remind yourself of your financial goals by posting a note or picture in your bedroom to remind you what you're saving money for. As what you have mentioned you often purchase things that are not necessary. Remember this also, although you can save money by purchasing items at a reduced price, don't buy somethings just because it's on sale keep in mind the strategies that many stores use to encourage you to buy their products. I learned this lesson. You don't have to buy three just because they're on sale. Your favorite clothing or gadget store may offer a second item at half price if you buy the first item at regular price, but that doesn't mean you have to buy both items. If your learn how to earn, save and manage money now, your life will be easier in the future when you have more responsibilities. So work your magic and get to work!