How to manage your income.

[Kennysplash]

Once you have getting your paycheck at the end of the month you might be tempted to start buying things impulsively, things you don't even need. At the end of the day you realise that there is nothing much left you cannot even save.

Resist the urge to buy thinks just because they are on sale, if you don't need it don't buy it.
You know how much you earn, so don't engage in lifestyles that supercedes your income.

 

[riberet19]

I really do not usually spend money on things that I do not need, I have not done it for a long time, I prefer to use my remaining money to invest it or simply save it, the fact of buying compulsively or without control is one of the most harmful acts that an individual can do to their personal finances.

 

[Nii]

It takes a great deal of discipline for money to be in your account and you still stay calm. It is natural to want to spend impulsively. One way of ensuring my salary lasts is to make sure that I go home straight after my salary payment and sleep. That way, my mind wouid calm down and that urge to spend recklessly would have calmed.

 

[eenya00]

There are various ways I manage my income, the first thing I do I to budget and segment my income and how to spend it judiciously because my expenses have greatly increased.

 

[Nomad]

When ever you receive a paycheck you need to save at least 20 percent of your income. You need to manage your life with the remaining 80 percent income. When you continue to save 20 percent income for some time you can then use it to make an investment.

 

[Syldan]

Actually the management of your income can be more easier when you make budget for all your financial life. Know your income, and what are the necessary items that you are supposed to spend on.

 

[Jonaville]

The best way to manage your income is by recognising the things that you need so that you will spend money on them instead of spending money recklessly on things that you don't need

 

[eenya00]

The best way to manage your income is by recognising the things that you need so that you will spend money on them instead of spending money recklessly on things that you don't need

If you fail to recognize the things that you need, you are bound to spend carelessly which would have a negative impact on your finance and also it is not good to spend impulsive.

 

[Jonaville]

If you fail to recognize the things that you need, you are bound to spend carelessly which would have a negative impact on your finance and also it is not good to spend impulsive.

I think we all need to recognise and stuff point out the things that we need and the things that we want so that we can go for the ones that are very much important. That is the best

 

[GoldenLady]

It takes a lot of discipline to consistently manage your income and expenditures for a long time. Some months are easy, but there are times you'll be tempted to splurge on things you've put on hold for long.

 

[Abigael]

This is very true. Being so frugal with your money is important. Money needs to be budgeted and spent well to avoid getting into debt or going bankrupt. So you need to be aware of your priorities and spend only on them.

 

[Chibson]

If you want to manage your income you must be very disciplined. it is also very important and necessary to save some certain percentage and invest some certain percentage. You must make it mandatory.

 

[Syldan]

Well it only takes few people or individuals to be able to manage their income effectively due to high demand or desire to meet up with their needs.

Actually needs are very important but there are some needs that are not necessary so it should be avoided.

 

[Planbizzle]

Summarize your monthly earnings and outgoing costs, and then make a budget by deducting your outgoing costs from your earnings. This will enable you to find areas where you may reduce spending and increase your savings.

 

[Good-Person]

If you want to manage your income you must be very disciplined. it is also very important and necessary to save some certain percentage and invest some certain percentage. You must make it mandatory.

Recently, I have started to save money and I have noticed that I feel much happier when I do that. Now my goal is to increase my earnings somehow. This is why I have increased my freelancing activities a lot,.

 

[Chibson]

Recently, I have started to save money and I have noticed that I feel much happier when I do that. Now my goal is to increase my earnings somehow. This is why I have increased my freelancing activities a lot,.

That is actually the best thing to do. Increasing the time in which you work online is very important and necessary for you to make more money. saving money gives you some level of happiness but you should not forget to invest.

 

[Good-Person]

That is actually the best thing to do. Increasing the time in which you work online is very important and necessary for you to make more money. saving money gives you some level of happiness but you should not forget to invest.

Well, I have decided to make money and this is why now I am working much harder than before. This helps me to increase my earnings and I have much better plans for the future.

 

[eenya00]

I think we all need to recognise and stuff point out the things that we need and the things that we want so that we can go for the ones that are very much important. That is the best

Which is what is wrecking so many people financially, not going for what you need and feeding your want, even when your wants at that moment can be detrimental to your finances

 

[Abigael]

Well it only takes few people or individuals to be able to manage their income effectively due to high demand or desire to meet up with their needs.

Actually needs are very important but there are some needs that are not necessary so it should be avoided.

That is right. Learning to control your urges is the best thing if you want to manage your income well. Some needs are unnecessary and so you should learn to control your urge towards them.

 

[Chibson]

Well, I have decided to make money and this is why now I am working much harder than before. This helps me to increase my earnings and I have much better plans for the future.

That's it, the more harder you work the more money you are likely to make it provided you are in the right venture. I'm also trying as much as possible to increase the amount of time I work online on daily basis to maximize profit.

 

[Pauljonnes1000]

How I manage my accrued income is to make sure I don't become a freck of anything, like phones, cars, electronics and so on. Investment of some of this money at hand is also very important. And also, philanthropism should be reduced drastically. Managing your resources is very important.

 

[eLdavis]

You can manage your income by simply knowing your needs and want, once you know the ones that are important, create a budget on how you spend the money that comes in. You can also manage your income my generating more ways to make money for yourself.

 

[Chibson]

You can manage your income by simply knowing your needs and want, once you know the ones that are important, create a budget on how you spend the money that comes in. You can also manage your income my generating more ways to make money for yourself.

Yeah, identifying your basic needs and making a budget for it is very important and necessary if you want to manage your finances. the mistake some people make in terms of their finances is because they don't budget and they end up overspending.

 

[Abigael]

You can manage your income by simply knowing your needs and want, once you know the ones that are important, create a budget on how you spend the money that comes in. You can also manage your income my generating more ways to make money for yourself.

Being aware of your needs and wants is very important. It is through this awareness that you will create a budget based on them. You have to prioritize your needs before your wants.

 

[Ernestnari]

When your pay comes in, just take a chill pill and go home and rest. If you are outside, carelessness might set in and you start spending. Sleep and wake up. Your mind would be calm. You can now start budgeting.

 

[joy101]

It cost for sacrifice on are part to manage are income expecially when the income is coming regularly,the best way to manage are income is to forcus on are needs and not on are want.

 

[Joy123]

Making a budget is the first and most important step to take in managing your income. Commit to saving, set financial goals, start investing early, avoid debts, ensure protection against emergencies.

 

[HK World]

Once you have getting your paycheck at the end of the month you might be tempted to start buying things impulsively, things you don't even need. At the end of the day you realise that there is nothing much left you cannot even save.

Resist the urge to buy thinks just because they are on sale, if you don't need it don't buy it.
You know how much you earn, so don't engage in lifestyles that supercedes your income.

Yes, Kennysplash, you're absolutely right. Controlling our urge to spend mindlessly is very important for us, especially in this era of high inflation rates.

If we don't stop wasting our money on buying useless things, then it can make us regret it in the future, but saving money doesn't mean that we shouldn't help the poor. In fact, charity grows our wealth too.

 

[eenya00]

Yeah, identifying your basic needs and making a budget for it is very important and necessary if you want to manage your finances. the mistake some people make in terms of their finances is because they don't budget and they end up overspending.

budget is very important and with a budget you would have a clear cut plan on what you intend to achieve. and it also makes you very organized in your dealings.

 

[Abigael]

When your pay comes in, just take a chill pill and go home and rest. If you are outside, carelessness might set in and you start spending. Sleep and wake up. Your mind would be calm. You can now start budgeting.

That is a good plan. You spend more indeed if you decide to go out on your pay day. The excitement of having money can cause you to spend on unnecessary things. In the end, you regret having spent too much on nothing useful.

 

[Ernestnari]

That is a good plan. You spend more indeed if you decide to go out on your pay day. The excitement of having money can cause you to spend on unnecessary things. In the end, you regret having spent too much on nothing useful.

Money has the capacity to make you restless. That's why you have to respect people that can control themselves when they have money. That is why I advised that you compulsorily give yourself that peace on your payday.

 

[Chibson]

budget is very important and with a budget you would have a clear cut plan on what you intend to achieve. and it also makes you very organized in your dealings.

This is basically the truth. Whenever you have a budget you will be financially disciplined when spending money. it will also gives you a clearer view of what you intend to achieve within some period of time.

 

[riberet19]

This is basically the truth. Whenever you have a budget you will be financially disciplined when spending money. it will also gives you a clearer view of what you intend to achieve within some period of time.

You are right, establishing a budget can help you to manage your expenses and also to set limits on these expenses, I think it is a quite effective tool, that is if you have to follow it to the letter, since sometimes we skip the limits established in the budget.

 

[Chibson]

You are right, establishing a budget can help you to manage your expenses and also to set limits on these expenses, I think it is a quite effective tool, that is if you have to follow it to the letter, since sometimes we skip the limits established in the budget.

Yeah, that is why it is important and necessary that we are disciplined enough. Whenever you set a budget you have to follow it religiously in order to achieve your goals.

 

[eenya00]

That is a good plan. You spend more indeed if you decide to go out on your pay day. The excitement of having money can cause you to spend on unnecessary things. In the end, you regret having spent too much on nothing useful.

I have always spend more than I budgeted to spend when I go out with money on my hands, then I try to discipline myself, bu the next day I fal into that same trap.

Making a budget is the first and most important step to take in managing your income. Commit to saving, set financial goals, start investing early, avoid debts, ensure protection against emergencies.

Budgeting is very crucial, it is very important as you know what you are doing when you have a budget that you are working towards and it makes you more productive.

 

[Ononivami]

It is very necessary to ensure that you have a very good budgeting for your finances . Without budgeting, it will be difficult to keep tab of your finances, not to talk of managing it.

 

[Yohanna]

It is very necessary to ensure that you have a very good budgeting for your finances . Without budgeting, it will be difficult to keep tab of your finances, not to talk of managing it.

Ultimately, you can manage your finances when you have a good understanding of financial budgeting . Nevertheless people who do not have this experience would not be able to manage their finances.

 

[Chibson]

It is very necessary to ensure that you have a very good budgeting for your finances . Without budgeting, it will be difficult to keep tab of your finances, not to talk of managing it.

Probably, people who knows how to make properly budget always know how to manage their finances. keeping track record of your finances is very important or necessary to achieve financial freedom.

 

[AlexPhoenis]

Thanks for sharing your thoughts on managing income. I totally agree with you - it can be so tempting to splurge on things we don't need, especially when there's a sale going on! But it's important to resist that urge and prioritize our spending based on what we actually need and can afford. Your advice to live within our means is spot-on. Additionally, another helpful tip to help us stay on top of our finances is using the best budgeting app for iphone. I've found that this app has made a huge difference in my financial management. It can be a great tool for tracking expenses and setting financial goals.

 

[Chibson]

Anyone who is interested in managing their income must always try as much as possible to resist the urge to spend on some certain things. That is why being disciplined is very important. Always making a budget is recommended also.