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pauline3
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pauline3 is offline
Hampshire UK
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06-11-2019, 06:10 PM
1

Handling money.

Why are some people so bad at handling it?

I speak from experience !..

You tell me what you think first?

Im sure my brain was programmed to spend money,



I also found that the small things add up.....

I would hate to be broke,live from one day to the next...I have done though...many years ago.

It's not a life IMO,it's just an existence...miserable one at that...

Get ones priorities right..is it then possible to save?
Mondays child
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06-11-2019, 08:18 PM
2

Re: Handling money.

Hi. Just lately I have spent a bit on my new pastime of experimenting with acrylic paints, Luckily I took no notice of my doctors and now have a job so I have a little spare money to spend on my new hobby. Trouble is now I dont have the spare time as much.
I try keep a close eye on my money and know whats for bills and food and whats for fun.
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Mags
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06-11-2019, 08:22 PM
3

Re: Handling money.

Well done MC on getting a new job

It's good to know you have a new hobby too
pauline3
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pauline3 is offline
Hampshire UK
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06-11-2019, 08:26 PM
4

Re: Handling money.

Originally Posted by Mondays child ->
Hi. Just lately I have spent a bit on my new pastime of experimenting with acrylic paints, Luckily I took no notice of my doctors and now have a job so I have a little spare money to spend on my new hobby. Trouble is now I dont have the spare time as much.
I try keep a close eye on my money and know whats for bills and food and whats for fun.


Hey MC,nice to see you back.

Yes,I know what you mean...my hobby is cooking..I spend quite a bit on that.

The point is...one needs to bank money for a rainy day...if they prioritise ,it can be done...

The problem with some people is...they want it now....then end up paying for the next few years.

Some can't wait...to save for it.

Can you post some pics of your new hobby?
Donkeyman
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Donkeyman is offline
Melton,United Kingdom
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06-11-2019, 08:32 PM
5

Re: Handling money.

Originally Posted by pauline3 ->
Why are some people so bad at handling it?

I speak from experience !..

You tell me what you think first?

Im sure my brain was programmed to spend money,



I also found that the small things add up.....

I would hate to be broke,live from one day to the next...I have done though...many years ago.

It's not a life IMO,it's just an existence...miserable one at that...

Get ones priorities right..is it then possible to save?
WANTS NEEDS
5% 95%

AND KNOW THE DIFFERENCE!

Donkeyman!
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Savvy
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United States
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06-11-2019, 10:27 PM
6

Re: Handling money.

The best way to not mishandle money is not to have any. The good thing about not having any is nobody is trying to beat you out of it.
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Bruce
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07-11-2019, 06:47 AM
7

Re: Handling money.

I have always managed money pretty well but the nice thing about retirement is that there is no future to save for so it's spend, spend spend...
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Longdogs
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07-11-2019, 11:11 AM
8

Re: Handling money.

Originally Posted by Savvy ->
The best way to not mishandle money is not to have any. The good thing about not having any is nobody is trying to beat you out of it.
That has never worked for me. I just got it elsewhere on credit cards and loans.
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susan m
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DORSET UK
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07-11-2019, 11:21 AM
9

Re: Handling money.

For most of my life I had very little and came from a family that had very little so I learned to make do and mend . I know how it feels to feel cold I know it feels to eat cheap foods and buy cheap. Once you have come from there you know how to not go back to that situation . As an older retired person I consider myself rich as I get my state pension each week . I can eat well and keep warm . I even run a car . I dont buy unnecessary things and I'm not overly materialistic. I have never been in debt because if I didn't have the money I did without.

My kids earn fantastic money with well.paid jobs have lovely homes and absolutely everything they want or desire, money goes through their fingers and they have credit card debt too . There is no saving for tomorrow or just in case .

I guess I'm just easily pleased .
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Tedc
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Berkshire, UK
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09-11-2019, 10:18 PM
10

Re: Handling money.

I think that we learn a lot, about handling money, by not having any for long periods of time.

If you've had to work long hours, just to break even, you begin to respect it - not waste it.

The start of Credit cards made it all go wrong, in my opinion, and then all of the cheap loan companies made it worse.

 
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