your money management tecniques

[danyboy27]

since this is the IO section and that most people here are supposed to be evil capitalist, i was thinking that it maybe the good place to start it.

how do you mange your money?

recently i purchased a book and i write in every transaction so i can keep an eye on the stuff i spend.

[Schrödinger's Cat]

I rarely spend my money.

[mykittyhasaboner]

i try and spend as little money as possible. basically put, the american dream is a nightmare to me.

[Lynx]

Spend as little as possible.

[Flash]

I always save my money, rarely spending it. Unfortunately I lost 200 dollars recently by lending it out, expecting it back with interests, and never getting it back. Bad move but its a lesson learned for the future.

[Schrödinger's Cat]

I always save my money, rarely spending it. Unfortunately I lost 200 dollars recently by lending it out, expecting it back with interests, and never getting it back. Bad move but its a lesson learned for the future.

Unfortunately the state finds ample opportunity to protect the shareholders from such lending practices with the incorporation benefit.

[mikelepore]

This what I used to do when I had savings instead of nothing but debt. I kept my money in several no-load mutual fund families, about half in the stock funds and the other half in the cash funds. Whenever there's was a large one-day decline in the market, I switched some from cash to stock; whenever there was a large one-day rise in the market, I switched some from stock to cash. It as easy income for doing nothing but making phone calls. That was in my younger days. But now, since I have a mortgage and two college age teens, I have zero savings, and every year I just go further into debt. Hopefully I'll die before the bank begins foreclosure.

[Plagueround]

When I was younger I feel for the "education=guaranteed success" scam and have a large student loan I need to pay off. Because of this pretty much any spare money we have goes into paying that off, although I do occasionally buy the kiddo and myself Star Wars stuff. :blushing:

Since my girlfriend's schooling is free (unlike mine), when she is done with school and starts a job we will be saving the paychecks from her job and not spending a dime so after a few years we can send a big check and a big fuck you letter to the student loan criminals and be done with them. So in short, I fall under the spend as little as possible category, but with a few small indulgences here and there.

[Ken]

welfare leech after rent i get $60 a week to spend on survival and everything, about $30 goes into food, about $10 goes to gigs and the rest i save up for travelling. drink every six months when i forget if drunk is good or not.

[danyboy27]

welfare leech after rent i get $60 a week to spend on survival and everything, about $30 goes into food, about $10 goes to gigs and the rest i save up for travelling. drink every six months when i forget if drunk is good or not.


nothing force you to live like that you know...but well if that your choice i guess its okay.

[Ken]

i dont really mind living off little, it sucks that it will take a while to save up enough to travel as opposed to being able to go whenever i like or within a short time.

but i never liked having much money anyway. it was stressful having so much money to spend. and having so much, i didnt spend it wisely.

[freakazoid]

I try to save as much as I can. I have a lot of credit debt. It is my fault, at the time I could afford it but then I got fired and now I am really struggling. But I will be able to pay it all off soon.