When it comes to MONEY: What is your principle?

[yhokz101]

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Money should be treasured like someone who cant be yours

*kai bisag unsaon, dli mn ta mka tag.iya ug kwarta
ato rna sila mhikap, mbulsa, mkuyog2 bisag asa
pero ihatag jpon nato sa lain taw

sakto gyud ni...
so dapat dili ta mang hinakog hehehee share your blessings.
hard earned money nice jd ang feeling basta imo e share.

[Balandido]

money can buy almost everything.

if you have more, save; then, invest.

if a single investment is doing well; expand or diversify.

if you have enough; help people in need.

that's my principle of handling money.

[Metz]

money can buy almost everything.

if you have more, save; then, invest.

if a single investment is doing well; expand or diversify.

if you have enough; help people in need.

that's my principle of handling money.

mao sad na ako-a

[c0mpumast3r]

I was able to help one family save mutual fund in FAMI today..

[Dako Ang Imo...]

I was able to help one family save mutual fund in FAMI today..

mao bah, nindot lagi....

[c0mpumast3r]

Yes bro, it's very easy.
All we need is right education.

[thereseclaireanne]

Spending is emotional.

If you do not decide to systematically control your money, you will emotionally consume your future and the opportunities it can offer. Spending money almost always has a powerful emotional impact on your life, whether you realize it or not.

[Balandido]

pursue your interest seeking progress, but live simply.

[wealthyhead]

"you always have to find a way to manage money, or the lack of it will always manage you."

[makie]

As much as possible, I never let my emotions rule over me when it comes to both saving/investing and saving.

I control my expenses and do my very best to stick to my budget so I won't resort to use my savings.

I control my self from saving too much because if I fall short on my budget, I might be left with no other choice but to look at my savings.

Savings and Expenses always go hand in hand and when one goes over the other, it is bound for a disaster. Too much emphasis on savings might not be a good thing because that might lead to complacency such as "it's ok, I have some savings and I can get some" which later leads to very small or worse no savings in the long run.

Save to invest, not save to spend it later on.

My principle when it comes to savings is this: I consider any amount that I save or invest an amount that is no longer mine so I have to live up with what's left. It's just for psychology.