HOW DO WE MANAGE OUR FINANCES

[ronaldlorenzo01]

How do you think we can manage our finances? If we have a company or any small business is there a way we can manage our finances. Can you gave me some examples on how we can manage that? I would like to hear from you guys.

 

[iamgroot]

Have financial goals.
Why are you saving Do you want to buy your own home Are you saving your upcoming marriage Or do you just want someone to pull out in case of emergencies Whatever your reason, having financial is important goals. This will serve as a reminder and motivation for you to save and earn money.
Make a budget.
When making a budget, make sure you know where the money is going. Prioritize bills, such as bills and debts. If you notice an increase in the cost of less important things, gradually reduce it to add to the savings. It is also important to set aside a little money for the things you want to buy so that you can save more.

 

[Trojan8]

I can see that you are asking for a practical approach to managing your resources. You should set up budgets this way you will be able to account for what goes in and out. Then you also need to have clear cut plans of what you want to use your resources for. It becomes hard to account for money when you don't have a plan for them.

Post automatically merged: Jan 24, 2021

I can see that you are asking for a practical approach to managing your money. You should set up budgets this way you will be able to account for what goes in and out. Then you also need to have clear cut plans of what you want to use your resources for. It becomes hard to account for money when you don't have a plan for them.

 

[Adam13]

In managing our finances, one has to set plans and goals. Have financial goals. BUY only what is needed not what you think you want. Invest in legit money making schemes or business, take calculated risks but avoid the unreasonable ones. Save for the future, their nneds will always arise, Sell a skill orv knowledge you have acquired.

 

[Godleads1]

To manage your finances, you must have draw what economics call the scale of preference. This will enable you know what's major, what's minor with financial advise. The advise also helps you to invest in assets and not liability.

 

[EMMANUEL]

Make a budget
First things first: create a budget if you haven’t already. Is it necessary? Are windshield wipers necessary in the rain? Trust me, you need one.

 

[Nicklas22]

1. Set up the right bank accounts. The right bank accounts are critical to your financial success.
2. Take stock of your current financial situation.
3. Make a plan for your money .
4. Set money goals.
5. Check-in with your finances every day.
6. manage your expenses.
7. Take a look at your income.
8. Start paying down debt.

 

[Godleads1]

When you talk about managing finances, it means the business is yielding little if not much. Therefore, the finance contributed by the business should be judiciously spent. This is to say that, as the financial ability of the business is expanding, the business owner must cob the desire to spend or over spending on things that isn't boosting the financial growth of the business.

 

[tyrim88]

How to manage your finances is to have a well laid out plan of what you want to spend your money on,especially the most important ones that are critical to your business and your needs and then utility.The bottom line is to know what comes in and how they are being spent.

 

[M kashif]

You can manage your finance by making a financial plan .this will help you in managing your finance more swiftly. You can set up a business which will help you earn profit.this is the best way to manage your finance within good limit

 

[unhappy triad]

You can start buy setting a goal. What are your business plans? You have to know what and hat in the business you want to fund. Then Identify risks or potential risks and find out which you are able to take. Stick to your plans.

 

[Ralphjoe]

What i uses to manage my finances is the usage of an application software for smartphone that tabulate my spending and how I can better manage my expenses and liabilities.

 

[Adventurer]

How do you think we can manage our finances? If we have a company or any small business is there a way we can manage our finances. Can you gave me some examples on how we can manage that? I would like to hear from you guys.

Sure, by creating a budget, making a list of all your needs, ensure you're spending according to your income and desist from loans and you should be fine

 

[Victor72]

There are many ways you can use in managing your finances one of the best way is by keeping budget for daily spending or weekly. You can also keep a schedule on how you spend so you don't overspend.

 

[Saqibraza]

If you don’t trust yourself to remember to pay your quarterly taxes or periodically pull a credit report, think about setting appointment reminders for these important money to-dos in the same way that you would an annual doctor’s visit or car tune-up.

 

[Richard92]

We manage our finance by creating budget on what and what we want to do with our finance because this budget will stand as a plan and how your finance will be spent.

 

[Senator]

There is a business current account I use for specifically running my business and also have a personal savings account I use for running the family and stufffs

 

[Kunkun]

Managing out finances right is easier said than done because as individuals we have lots of wants and needs, savings first followed by proper investment is a good way to manage and increase our finances

 

[Gandiba]

You only need to ensure that you aren't wasting money on things that don't profit. Also work on investing your income too. Don't spend everything coming your way.

 

[Senator]

If you are running a business or investment portfolios, you can employ the services of an accountant for your company to help you manage your finance as well since you might not have the training to handle it