Very personnal and 'basic' 101 management of your funds just as a helper in these times...

What is this ?! You are an artist and you want to give me financial advice ? Get out of here man, what do you know about this ?

Well, maybe more than you can think of, believe it or not but me and my mom encountered very harsh time where we had electricity cut out, and would have to bake half potatoes with butter for supper on a coal heater in the middle of the winter, and had to boss my ass around in physical / mechanic and construction work. I'm not going to tell you my way of doing things with money is the best of the best out there, but that's what "I" am allowing myself to do with it with principles and discipline i follow with it to never fall into any financial issues ever again, but it's also asking to do a lot of sacrifices, and be able to "save" your money for long times ( this means i barely go out, or do nice things, i am more or less of a very closed guy, with the minimum expenses possible, and only spend the excess when there is excess. )

Again, i repeat, it's my very own way to manage myself and my money, i'm not telling you to do what i do, i'm just sharing what i discipline myself with and that i never had a financial / life threatening loss of money with this.

Let's begin with the basis, very common to everyone... And this is something you should never, ever touch of course, or you would be getting in a world of trouble pretty fast :

That is of course the basis you should never, ever, touch, it should be separated from everything else you allow yourself to spend in any shape or form. Many people already know this, i'm not giving much advice there (even tho it happen some people don't know their priorities, it can happen ) That's everything i actually pay in the beginning of the month, usually, and when that money is gone, i'm in a state of relief because all i covered for the month and we can start with the little we have left to build our "savings".

I'm going to quickly show you this now and expand on it, but it should be pretty clear already :

(try to zoom in on the picture, steemit only allows for 640 pixel wide pictures )

Ok, so that's pretty much how i manage my money here, i compartimentalize everything, and each and every vase of funds / money, don't come haunting and damaging other parts. It's allways coming from savings, to funds and mining, mining and invest funds excess are used for gambling / play money if i want to do risky investments or get a profit from very risky crypto's or gambling things that can either work well, or fail miserably.

When the "Play - risk" vase / section is empty, it's empty, You get in your head that there is nothing more to do about it, you don't go to other recipient and eat into the comfort zone to replenish it. ONLY excess you are comfortable losing should go into the play / risk area.

Even tho it's not giving you much to play with, it's at least, money that is not threatening any other aspect of your life, i treat every recipient and areas as independant entities that HAVE to repay for themselves in order to be viable. if one is down, i only take excess from his previous funder (here, if play / risk money is down, it receives only excess from little investments or mining to get to play with it, if by mistake i really had a crash in computer parts, multiple cards going in flames or a very very bad short in a motherboard killing most of my stuff, i still have a comfort zone to repay 2 times the hardware so i can get it going again, etc etc... )

That's pretty basic stuff, alright, most people should know this and how to put limits to their spendings, halas, we often hear people loosing everything because they go into an impulsive spending or can't be reasonable with their own money, i'm sure there must be better ways to manage your funds, but that's how i do, and i never had a problem with it, i never gambled my very own existance and subsistance with such a system.