Problem: The current problem now is finding out something useful to do with my money. When it comes to spending the money i would rather find a better way to spend it. I usually use it in food that last’s only 3 minutes. I would rather use it in something more useful and priceless if i can. I need to find a way to use the money in a more economy contributing way; or even in a donating/helping others type of way.
Alternatives #1: Buy Low-Priced Stocks
Some of the businesses low priced stocks sell for only $10.
Meaning you can buy 150 of these stocks making it really profitable for you in this case. Or you can mix and match different companies to have a better chance of profiting a lot more. Investing in a short enterprise with less money means investing on more, giving you more of a chance to increase your investment bill. I spending little on many companies will be better played than spending a big check on one company alone.
Alternatives #2: Invest In Your future/ Saving for College
The best way to spend $1,500 is on your future spend the money to a better life. Why not learn about the guides to investing than going full-throttle into a unknown world.
Your chance of making it in the economy of investing will be short lived. Why not invest of a back-up plan on college or a university and get a degree. Thus, later on if stuff doesn’t work out you can always bid in your education for help when rough times are around the corner. Im going to save my money in a high interest saving bank.
Alternatives #3:Blow The Money
I would spend my money on many things. First of i would start on spending it on family of course. I would take the family out to somewhere local ( no air flights); We would get a meal and have fun at an amusement park or theatre. Then i would spend the rest on me, i would do me for an entire night. I’d have a Spa,Acupuncture-Massage. I would take good care of me with the money, if it’s going to be wasted why not treat myself with it.
Criteria: My Criteria
I chose useful, long term ,help economy,and help others these alternatives should be directly proportional the benefits each has and when or when not i could use it on emergency use and increase in money or growth also my use for it now.
Many have tried to use money on several occasions to help or solve a situation, however this has been noted to be not very effective. Often times, people assume that by giving heaping amounts of money to an issue, they will solve it. This is not the case. However, there is an issue with this.
Overall, college is not a good investment for anyone but the college that you’re paying. It costs too much teaches you few life skills, and doesn’t jive with everyone. As such, it’s recommended that you skip out on college and learn how to live how to live in the real world
There are many different ways to save money and there are different things to save for. A savings plan for an immediate want is apparently different than a savings strategy for retirement. One may choose to select stocks, bonds, or mutual funds for a savings strategy, however, my personal choice is to invest in bonds first, then mutual funds.
Larry R. Frank Sr. is an advisor in Roseville California and is trying to explain how you can use your retirement money and make it last longer through the time value of money method. Some people when they retire, follow the advice that withdrawing 4% of their savings yearly will help save their money and make it last even longer.
see what I could do to make my life better. I would find out what things were
Stock investment means you are purchasing a share of the company, therefore the company’s success determines the value of your investment. Buying stocks is not a difficult process; clarification of some important terminology and differentiation helps gives you the foundation to start investing.
With USD 1 million, I would open a large hostel for women in need of protection. Inside the compound there will be a polytechnic/ educational institute to provide them an education, guidance and counseling for their emotional health, law firm to handle legal matters and a nursery primary school for their children.
I believe that I some has worked hard for their money they have every right to spend it on whatever they want. However I do believe that people who do make enough money should give back to the less fortunate. Saying that spending money unnecessarily is immoral brings one question to mind; what exactly is considered to be unnecessary when it comes to spending money? This question has a wide variety of answers.
money for the future, by a nice house and reach the next step in social ladder.
money while cooking at home. One way is to cook in batches and prepare meals ahead
In conclusion, the best way to manage your money is to keep a budget and record all your transaction to see where your money is going. Living with a budget isn’t the easiest thing in the world, but it can be a great alternative to worrying about how you are going to pay for your expenses. Budgeting allows you to create a spending plan for your money; it ensures that you will always have money for the things that are important to you. Following a budget will also keep you out of debt. If you don’t balance your budget and spend more than you make, you will have financial problems. Many people don’t realize that they spend more than they earn and slowly sink deeper into debt every year.
If I had no limits as to how much I could spend on a vacation, I would take a trip to different cities in Mexico. My dads side of the family is Latino and many of my relatives live in Mexico. My month long trip would consist of a variety of cities I have visited before and others that I would be visiting for the first time. I would take advantage of Mexicos rich culture by participating in the peoples customs and getting as much experience as possible. The trip would be very meaningful because my heritage is something that I am very proud of and passionate about.
Yes, I was being honest when I was charting my spending habits because I haven’t done a budget that lasted a week before, and I wanted to get an estimate of how much I spend in a week. It was an interesting task to be aware of how much I was actually spending by having real numbers to look at in an organized spreadsheet. The spreadsheet itself was very simple and direct which made it easier to analyze. By lying about my spending habits, this assignment would have been counterproductive since I would have been avoiding facing the truth about how much I spent that week. Instead of being dishonest and trying to avoid that amount of money I spent, I was honest when I was charting my expenses since I wanted to get an actual estimate, even if this
... care. Second of all, once you have all the things you need and you still have money left over, then go buy the things you want. Saving money and spending it well will make a vast difference on your life. There are many more solutions to poverty, however, these two are the most important to me.
Money is essential for our everyday lives and people have to face choosing whether to save up or spend their money. Of course earning our money can difficult considering that it is a necessary asset that affects every aspect of our life. Every day we see people working hard to earn as much money as the can. However how they use using the all the money earned is a frequently debated topic have seen many people who earn money and can no restrict themselves from spending .They usually act like wild animals fighting for food and being separating from the delusions of business. People are usually confused and frustrated by the amount money the use in a week without knowing that their daily impulse buying objects have piled up. Although it can be very hard to control there are many easy steps to stay away y from spending and instead saying up. Setting a goal, recording the amount you spend and even lowering your expenses can be small steps that will lead to great success in saving for the future