How would you spend your money well???
By blackcloud
@blackcloud (97)
Philippines
5 responses
@puccagirl (7294)
• Israel
26 Oct 10
I think part of good money management is to save and/or invest at least part of it. At the moment, I save at least 10 % of everything I make, but I would like to save even more. I highly recommend that others do the same, it enables you to do so much more in life!
The hard thing with saving is just to get started, if you automate a lot of your savings it gets really easy after a while!
@blackcloud (97)
• Philippines
26 Oct 10
You got a point there actually,but what if your money is just enough to your necessity???how would you save??if that's the situation given..
@blackcloud (97)
• Philippines
26 Oct 10
That's also being good,for being cheap,the thing that i don't get from you is...you don't want to part your money...did you mean sharing your money???Even in your family???
@vijay12 (1642)
• India
26 Oct 10
"Money Management",is an art.
1.Avoid impulsive buying.Deliberate and make purchases if it is absolutely necessary.
Ask the question:"Do I really need this?Can live without this?".
2.For spending one needs money.So save.
3.Eschew Credit Cards.It is a trick by the Bankers to keep one in perpetual debt.It makes one buy impulsively.
@blackcloud (97)
• Philippines
26 Oct 10
That's a great response from you vijay!!by that thing you will think wisely enough in buying certain things.
@jugsjugs (12967)
•
26 Oct 10
The way that i would spend my money wisely is to get ahead with all of the bills as in at least a month ahead,also ensure that we had all 3 of our freezers full up of food,aswell as the cupboards.Ensure that my husbands car was full up of fuel and what ever is left over put the money in the bank and save it.
