Is money management difficult?

Yes..i definitely agree with you and unless we are finance garduates, we might have to take proper guidanc efrom chartered accountants right? it is the most important factor of human life....i really am intersted on learning by myself..but, really don't know where to start...

Hm..yours is the Best response here and will get best response from my side....here, i also agree to many points of yours....we prefer time over money when things are really getting hot and we tend to get tired of routine things.....lolz...and what was that about residual income you were talking? have you found any new thing which works....! it sounds really nice when we here it...here also, many of things like that have come like..... You also might have heard of "Amway" MLM-Multi- Level Marketing.Are you also talking of the same thing here ......what you meant residual income..! is it? making members in things like this is difficult......as, suppose if we are able to make to many members and if those members cannot move it, then the blame comes to us and ultimately we might also break our friendship...that is bad.so, i never believed in this....but, if you have found any new thing for residual income...don't forget me.....!

oh/...ok.lot of confusions.think, i will post a message to you...

definitely...everybody will agree for this..one who is good in managing money will lead a very successfull life..

i think it is difficult but not more

Yes, I'm very satisfied with how I manage my money. I work for a Financial Planner, and he has really taught me a lot about money management in the 6 years I've worked for him. I also listen to him on the radio each week (he's on the air for 3 hours every Sunday), and I learn a lot from his radio show. Thanks for giving me the Best Response.

hm...nice points...but, still i feel ...saying is alway's easy than to impliment it.....don't you think so? what do you think of yourself now...are you really good in money management..are you leading a very satisfied life with money manegement......!

thank you very much for the sound advice...i think you have got too many valid points to note here....it will definitely help all of us here and as you said,it is one of the most difficult art to learn...isn't it? you seem to be a finance graduate is it......!

I think you're making it too complicated. For someone just starting their budgeting, they are probably in debt or living paycheck to paycheck. For people in that situation, the main thing you need to focus on is getting your monthly bills paid, then the extra should be saved or put on debts. If you're financially stable, then you probably already have a working budget and have been managing your money well...in that case, you can start worrying about investments and mutual funds. Before you get your debts paid off, however, there's no point in investing. If you're in debt, why would you invest in something when you could invest in YOUSELF by paying off your debts. If you're paying off credit card bills, it's no time to start buying stocks and starting mutual funds.

If your priorities is right,your money mangement is right. If priorities is wrong and skew, your money management is skew. Money is not the most important aspect of life, Alienstar. Happiness is, your happiness is more important and of much more value than all the money in the world, or don't you think so?

Yes Wsamboer, i agree that money is not the most important aspect in our life and managing money is pretty tough and should we call it as an art, which has to be learnt in a hard way..isn't it? Even, i think to gain happiness is the secret of everybody's life.... Thanks for your response

ok...but, let me tell you, it is not so easy to master money management ....if you really learn tyat, then it is very easy to lead life....so, start learning this from nowonwards...

Yes..i agree that money management is all about our requiremnts in life and if our priorities are right, money management maynot be that difficult, but sometimes if priorities are limited also, money management might seem very difficult... Thanks for your response

Even i have been struggling with my poor management of money and infact, i am still struggling for learning proper skills on money management.It is needed in every mode of your life isn't it? so, one can never neglect that at any cost for sure Anyway's, thanks for responding

What...sorry, i didn't get you? i am really confused with your single line response....' Thanks for your response

Beinga budget manager of your house, how do you see yourself doing? do you really think that you are managing very well and if you say yes, then i should congradulate you for your money management skills as it is not that easy to be mastered by anyone. Anyways thanks for responding

Everybody are findining it difficult to manage money and most of them fail to understand the importance of money management and infact i have been struggling with this for so long and i ma still struggling a lot and desperate to laern this art to be a success and maybe many are theer in my line... Anyway's, thanks for responding

Some things are clear here but not everything for sure..! is this your money management? if that was so simple money management would have been one of the easiest thing to handle for each and every individual isn't it? let me tell you one thing here, one who mastered money management would not have difficulty in managing life's difficulty's for sure.... Anyway's, thanks for responding

It's easier said than done....don't you also think that ? you ask anyone and they will tell you how difficlut is money management and if you can really manage money management, then you can difinitely manage anything in life as money management is an art and has to be learnt by hard work for sure Anyways thanks for responding

Just descipline is not enough here and if you think just discipline is enough for managing money, then you are absolutely wrong and i don't think i should prove my point here as you can try asking any of your friends about this and they will agree with me as it is not just discipline although discipline is needed for money management.It is really dificlt for anyone and not impossible as to master it, you should have desire and hard work Anyways thanks for responding

Yes..it is the more important aspect of life, which many people don't realise or neglect it...isn't it? To tell you, even i am struggling to control my money matters and nowgiving serious thoughts on money management and got to study this skil or talk to some experts to improve my money management skills.... Thanks for your response

Yes..i agree that money management is all about our requiremnts in life and if our priorities are right, money management maynot be that difficult, but sometimes if priorities are limited also, money management might seem very difficult... Thanks for your response

Everybody is hoping to save more money.That is why, these day's more and more people are talking of money management.You have to study that at any cost or atleast talk to finacial advisors, who might be able to guide you on how to save more money...as we all know, "Drops of water only makes an ocean"...isn't it?...remember this..i am not actually an expert to say all these but, these day's i am also giving serious thoughts on these money management skills.... Thanks for your response

You mean, neevr think of money but enjoy whatever you have it with you...is it this way? see, if you are talking of small amount, then it is understandable and if the money involved is big, this carefree attitude will not help you in anyway definitely..you have to develop skills for that.. Thanks for your response

Difficult and very difficult to mangae more money..... with less money, money management maynot aquire more importance, but managing more money, you require absolute skills...it is not that easy as you said... Thanks for your response

What is that now....! are you saying that money management is not at all defficult in your case? is it that easy for you in managing money matters? i don't think, one can be this confident in managing money unless he is not an financila expert or if he has very less money to manage....what do you say? Thanks for your response