Spending your MONEY wisely!!!!

i dont spend my money wisely!...I spending it without thinking!...I know that earning money is difficult but i cant control myself in buying things thar are not important!...i know its just w waste iof time but it is me!...It is my attitude and i want to change it!..i wanted to be wise in everything ido or bought!...Sometimes i experienced shortage of money!...lolz

What i do is write a journal of how i spend the money. You can budget you money. Make sure you put aside something for your savings. I seperate my money into diffirent bank accounts and only use one of my atms. When i get my pay cheque i instantly designate 30% of it for my savings. And control your urge in buying things that you don't really need.

my only secret of saving money is, when i go out, i do not bring large amount of money with me. i jut bring with me a fare and a little for extra.

I had the same issue untill recently. I have a savings account now which has someone else to sign on it as well. We both have to sign. The person I have cosign is very rich and is good with money. We agreed that the money is for a house or something like that. And that's what he'll let me have it for. I can however go and tell him to give it but I don't because I know what it's for. I would have to basically demand it to get it for any other reason. We set the rules at the start.

I save money and I do not ever use my money unless it is necessary to do so. So, try to use your money when you have to and save it if you don't have to buy anything that you need.

Keep a diary of everything you spend on and then assess it after a month. It will shock you as most wasteful spending goes on little things, not the big things. Then make a decision to try not to buy some of the things you often do, and hey presto, you'll have spent less!

Can't help you out friend. I spend till the last cent and go to ATM couter to get some cash. I also keep my purse open to all so anyone, mostly my family members, can spend money from it whenever they want to do so.

Don't put all your money in your pocket.

Spending money wisely...ha ha, that is something that we do not know how to do in this house. We just finished consolidating our debt onto our new visa so we will only have to make the one payment and already we were out looking for a new mattress for our bed. Now mind you we really could use a new one but its not like we are sleeping on the floor. We havent bought it yet. Maybe we will find the strength to wait.

Save my money in banks, yes multiple banks. Convert them to trust funds or get an insurance or two. Whenever I go out, I only bring enough money for the travelling fares and food in case I got hungry. Never bring alot of money mostly if you'll go shopping because that may tempt you to buy more and spend more.

i lso the same with you,it is very difficult to save our money,cause my earning is smaller than my life spending,for my kids schoolar,electricity,bill,phone bill,that why i can not save the money

1. Always plan your shopping - and how much you wanna spend. For example if you wanna buy a pair of jeans, make sure you dont end up with a tshirt, socks and some accessories which you never plan to buy. If your upper limit is 30 dollars take only 35 dollars with you - that way you will never buy something for 50$ 2. Write down whatever you spend in a book and at the end of the week/month audit it yourself and see where all you overspent. 3. Never use a credit card. with a problem like yours a credit card would end up disastrous. 4. Make someone keep tabs on your spending - your parents/ girlfriend/ spouse / close friend, so someone will let you know when you cross limits. 5. If you have a favorite shop where you overspend tell that shopkeeper to stop you!! All the best

I have a pre-set budget drawn up to make sure all my bills are paid every month. I have a set amount that I am allowed to withdraw for casual spending, and once that's gone I don't get any more until the end of the week. If I run out of money, too bad. I don't use my debit card any more, because it's too easy to spend all the cash in my bank account and then not have any left over for bills. I also set a little aside every week, and when I have enough in the account I do someything nice for myself - a night on the town or buy myself something I want. It means I don't feel deprived, which will wreak any budget.

I too am almost like you, I know its a bad thing, and I am still a student perhaps these things will come autmatically when we will be professionals

i have the same problem as you have and i think it's come from nature that we can't hold money in our pocket and some of us can't spend it from there pocket and we are the first one

Only buy what you need. Create a budget so that you can divide your money properly so that you always have enough to buy necessities. Save a little of what's left and spend a little of what's left. http://darkzzt.blogspot.com/