Do you 'manage' your money?

[scottish]

How do you manage your money?

Do you use spreadsheets or the like? or just use your head to know approx how much you have at all times, when payments coming out etc?

[AgnesIO]

When I was being a bad boy on Habbo I managed that.

Nowadays, err, I know exactly how much is in each of my accounts, but do not keep a spreadsheet. I know how much money I can afford to spend, and ensure I do not go over the top. Always have enough for flights...

[Empired]

No. Because I still live at home I have very little money coming in and there's no real need to spend it. I earn about £140 a month and let most of it sit in the bank because there's not much else to do with it.

I know when I move away from home I'll give myself a budget and stick to it as best I can. I'm a fan of lists and plans so the idea of budgeting should be easy for me.

[dbgtz]

I do some money management, monitoring income/outcome and making slight predictions. It's not particularly detailed in it's break down as I don't have that many bills as I made it quickly, but it proved a bit troublesome in that it sometimes doesn't add up correctly so I'll be redoing it for the next uni year.

[e5]

I attempted to keep a spread sheet but got bored quite fast tbh, I pretty much know what I've gone and manage by money accordingly. sometimes I get carried away with shopping, particularly from the xmas sales but I use a credit card to push some payments back a month (never use what I can't afford). Unexpected or unplanned nights out cost me a fair bit though best thing about the credit card is to delay a payment, knowing I can sort it next month though and means easily booking a holiday and paying back the next month, worse comes to worse I'll just pay the minimum or a bit more but never had that issue is 3/4 years

[Describe]

i'm very bad at money management, currently sitting at -2018 o/d but yeah for direct debits & things it's all in the head

[AgnesIO]

No. Because I still live at home I have very little money coming in and there's no real need to spend it. I earn about £140 a month and let most of it sit in the bank because there's not much else to do with it.

I know when I move away from home I'll give myself a budget and stick to it as best I can. I'm a fan of lists and plans so the idea of budgeting should be easy for me.

If/when Uni comes along....

[Kyle]

I manage my money in that I know how much I have and how much I can spend. I pay rent and bills at the beginning of the month and load money to my uni card for printing and the odd drink at the bar and have a basic budget for food drink books and stuff each month. If I overspend early I tend to just not eat rather than get into debt which doesn't happen that often.


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[Empired]

If/when Uni comes along....

Doesn't look like I'll be going to Uni so I should be ok And the people I know at Uni seem to accidentally blow most of their money on nights out but I don't drink so I *might* be slightly safer in that sense!

[scottish]

I attempted to keep a spread sheet but got bored quite fast tbh, I pretty much know what I've gone and manage by money accordingly. sometimes I get carried away with shopping, particularly from the xmas sales but I use a credit card to push some payments back a month (never use what I can't afford). Unexpected or unplanned nights out cost me a fair bit though best thing about the credit card is to delay a payment, knowing I can sort it next month though and means easily booking a holiday and paying back the next month, worse comes to worse I'll just pay the minimum or a bit more but never had that issue is 3/4 years

I'm the exact opposite (regarding first line)

I've, for the past few years, always kept a spreadsheet with rough estimates of how much I spend in a month and balance at end etc.

Last year I went a bit more detailed and take note of everything I spend and make sure my spreadsheets are accurate based on bank balance etc.

I just sorted one for this year which will be even worse as I plan on moving out so will have a load of more bills (but that'll be on a dif a/c), so have spreadsheet for my bank a/c atm and my paypal (as I pay quite a few stuff with paypal and have bank transfers going to it). then will do another one for joint a/c in a few months

so yeah I always know exactyl how much I have on everything and exactly when anything is being taken out etc.