How do you effectively manage your financial life

[Shayo]

To effectively manage your financial life, record and keep track of your finances, try to live within your means. Set financial priorities, not everything is worth buying, set your necessities. Always put some percentage away for emergencies too.

 

[Niolaxx]

Savings ,at least one must learn how to save 40% of his/her earnings,flee away from every form of miscallaneous spending

 

[abubakar3141]

To manage your money properly, here are seven steps to take:
Understand the present financial condition of yours.
Set targets for personal interests and finance.
Develop a budget and stick to it.
Develop a fund for emergencies.
For retirement, save.
Pay the debt off.
Schedule daily updates of progress

 

[mubinadaddy]

In this global pandemic economy break down presently is hard oooooo but the only way that I knew now is to cutdown your expenses and focus on investing the little you have at hand so that it could generate more income for you later.

 

[KvngMurphy]

Its really difficult to manage finances these days as everything works against ones savings. I try as much as possible to keep my savings game 💯 by only using my finds for stuffs that are essential. I've taught about investing into crypto currencies to boost my finances and I'm getting started already

 

[Abbeyola]

With everything going on in the world right now . Businesses having to shut down due to covid . How do we build on the little capital we have?

You manage your financial life,by living with in your source of income.
You do not have to copy others ,or do what they do because you want to feel among and later go into debt or borrowing.
All you need to do is plan yourself.

 

[Blessedsam60]

How I effectively manage my financial life is that I make so many priority or let's say some scale of preferences to guide my expenses. One have to prioritize his/her needs, make some financial saving and invest for the future.

 

[EMMANUEL]

Your budget is useless if you make it then let it collect dust in a folder tucked away in your bookshelf or file cabinet. Refer to it often throughout the month to help guide your spending decisions. Update it as you pay bills and spend on other monthly expenses. At any given time during the month, you should have an idea of how much money you’re able to spend, considering any expenses you have left to pay.
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Your budget is useless if you make it then let it collect dust in a folder tucked away in your bookshelf or file cabinet. Refer to it often throughout the month to help guide your spending decisions. Update it as you pay bills and spend on other monthly expenses. At any given time during the month, you should have an idea of how much money you’re able to spend, considering any expenses you have left to pay.

 

[MercySmith]

One way to effectively manage your financial life is accepting the amount you earn at the moment hence planning your expeditions or expenses around it. Let us say if you are earning 100k each month, don't start living like you are earning 200k

 

[Yousaf3814]

Here are seven steps to take to manage your money properly:
Understand your current financial situation.
Set personal priorities and finance goals.
Create and stick to a budget.
Establish an emergency fund.
Save for retirement.
Pay off debt.
Schedule regular progress reports.

 

[Asad Ali]

I assume it's far one of the maximum complex and hard a part of walking a business.
It is by no means smooth to go back a patron.
But I assume one of the first debut returning your purchaser is the primary impact you deliver your consumer you're making your consumer realize that she is precious to you. I assume they may want to come returned on your services.

 

[Tinaconcept]

In managing our financial life we have to curtail unnecessary expenses by buying the most important things we need at the same time trying our best to save a little for future emergency purposes. Though its not easy but one just have to try.

 

[Nathaniel]

When you manage your finances well, life may not get ... The right bank accounts are critical to your financial ... choice to start managing your finances effectively today.

 

[Seun4luv]

To manage your financial life you'll need to work out how much you spend on: Household bills,Living costs. Take inventory of your finances and Build a money management blueprint Make savings

 

[Talibhussain074]

With everything going on in the world right now . Businesses having to shut down due to covid . How do we build on the little capital we have?

It is not an easy task to handle financial life, it has a great deal of responsibility. There are many things in life that affect our financial life. The most important step to keep the financial life better is planning, planning is relaible source of our income. In these days our financial life has been very badly affected due to karuna. Businesses are closed. Now people have turned to various social media websites for online business, making money from there.

 

[Sariana23]

The best way to manage my financial life, what has worked for me is to spend only what is necessary. I am making a list of what I need and not what I want, I transfer to my debit account the approximate amount of what I need so I don't spend more. I don't take any other debit or credit cards with me and I have been doing very well.

 

[Adasun]

I tried as much as possible to avoid having money in my hands.i am a kind not person that buy things by impulse.my money usually gets use for something I didn't plan for.i don't have much,just managing.

 

[Heatman]

I tried as much as possible to avoid having money in my hands.i am a kind not person that buy things by impulse.my money usually gets use for something I didn't plan for.i don't have much,just managing.

I would always advise most of the people that I call my friends to try as much as possible in any way that they could to avoid living an extravagant life because it's going to be the end of their financial growth.

 

[Hdre3m3n]

How I actually manage my financial life is by getting all the necessary thing is need for the upgoing of my life this is because everything I need are always given to me by ensuring that I manage all my things I have and my resources.

 

[Godleads1]

In a bid to maintain it manage the peanut in our hands, we must employ the ways of an economist. You can do well to draw a scale of preference. This helps you to identify the needs that needs urgent attention to those if lesser importance.