How do you manage the personal finances to suit your daily expenses?

[Stardom22]

Most people tend to live a kind of frugality life for them to manage a balance on the management of the personal finances. What do you say about that?

 

[Augusta]

Manage debt. Build your credit.
Monitor your credit. This is how you need to go about it

 

[Stardom22]

In this world , one should be very cautious on the management of the personal finances. For me l would suggest living frugality life.

 

[Suba]

In order for you to manage your personal finances wisely and correctly, you need to record your total income per month, how much you spend on basic necessities, etc., saving and investing, Total spending on basic necessities, etc. in one month divided by 30 days. then you can find out how much you spend per day.

 

[Springtime]

Never spend more than you earn. Save habitually and invest to grow your wealth. Buy what you need, not what you want.

 

[Nomad]

I design my expenses to suit my income level. I try to limit my expenses under 80 percent of my income and try to save and invest remaining 20 percent

 

[eLdavis]

One way i use in managing this is to simply focus on my needs alone and forgo the things that are not necessary important to me.

 

[Augusta]

Divide your income into categories such as fixed expenses, variable expenses, and savings.

 

[freelancermaria]

I always live within my means after learning this lesson the hard way. Before, I would often spend more than I earned, but now I manage my finances better.

 

[Augusta]

Save for retirement. Create an emergency fund. Manage debt.
Build your credit.

 

[Fire&Rain]

There are a lot of apps on Google Play store that you can use to help you manage your personal finances to suit your daily expenses. Once you try them out you will realize how much you really need them.