Are you good at managing your money?
471470
Yes.\n\nI buy the things I need, when I need them. Buy used whenever it makes sense. Return things I do not use. Save for the things that are important to me, and make sure I have enough emergency funds to be in control of my life at all times.\n\nGood Luck!
1177365
Wow everyone seems to do exact. I however round up to the nearest dollar. I've been able to put away a few hundred extra dollars a year by doing this.\n\nAlso, if you ever go over, you'll know you have a little extra in there to protect you. To me, doing exact is not good. It only takes a small mistake and your check book is off.
270951
If you cannot manage your personal finances. What makes you think you can manage a business?\n\nI suggest you to repair your credit score and save half your income.
110431
put a little aside every day. i just took $5 out of my wallet everyday, before i left for work. if you do that for a week then you have $35. for a month that's $150. if you do it for a year then you have $1825. it may not sound like much, but it worked very well for me.
734515
Im just about to turn 22 and I have saved about 40k. I try for about 800$ a month, but often find that goal hard to reach. No debts as it stands right now, but things maybe changing shortly. I wasted alot of my income until about a year and a half ago.I think its important for teenagers to learn about finacial responsibility before they waste the first few years going pay check to pay check, I wish I had
116460
Family and friends is usually at the top of this list.   However if you're good at this business by this I mean you really know what you are doing.  Try finding a partner(s) to pony up the required cash. Ofcourse you will have to sell him/her on your skills.  Keep in mind the person that puts up the cash usually gets a better percentage of the profits.  Cash being king and all.
629829
You don't need money, you need money management.
742466
When I was a lot younger I used to spend all of my money except for a small cushion (anywhere from $100 to $1,000) that I kept in my checking account.\n\nAs I grew older, I began to realize that one day I was going to retire and that was going to require some serious cash because I wouldn't be in a position where I would be able to just go out and earn it if I needed more money.\n\nAnd so I began to save ...  I started small at first with no change in my lifestyle. As that grew, I began to feel more secure and that affected the decisions I made with spending.  The more secure I felt financially, my desire to spend money on just plain "stuff" began to evaporate.  It was a very liberating feeling.  \n\nSaving money can be an enjoyable game.  For instance, I buy frozen weight watchers and lean cuisine entrees in bulk when they go on sale for 1/3 or 1/2 off.  I keep them in the freezer in the office and I have one for lunch every single day with the exception of birthday or celebration lunches.  I keep crystal light or other drink mixes at work and use the water from the cooler.  My total lunch cost averages around $2 a day, when before it was unthinkable that I would spend less than $6 or $7 on lunch every day.  The first time I noticed how quickly that savings added up was after the first 3 weeks or so when I went to make my regular Friday ATM withdrawal and realized that I didn't need more cash because I still had $60 in my wallet.   \n\nYou have to live below your means in order to save.  Most people don't.   Many people realize too late that the time to save money was when they were still making it ... not when they become disabled or are senior citizens.\n\nI honestly think that money management and basic investing should be taught in high school because far too many people these days are growing up in households where extreme credit card debt and poor money management skills are the norm.  If no one teaches them, they will learn the hard way and we all pay when that happens.
144681
bankruptcy, if they cannot manage their money well
1113143
Do you really need me to give you a dose of reality? If you can fit all the money that you possess in your pockets, my answer to your question is...NOT TODAY! (And you can live with that tomorrow and the next day too)
442463
Dont spend money before you make it?
225166
When you find one tell me. They are sure to get your money but I am not sure how you do. Might just end up poorer.
763992
well do you have any money?
882410
You can be financially sound if and only if you are earning more than you are spending. This of course would be applicable only until you are capable of working. Being able to put up a business, invest or save which can be your milking cow when you retire may probably a  metric to say you are in such a status.
110319
Sometimes... In my past, I was really bad at saving money but now I realize how important it is to my future.
277668
If you are that bad, yes.  Otherwise you may be headed to bancruptcy.  If that happens, you will lose assets anyway.
1002070
Idk man, im not a rich guy, but it would seem that hardwork, persistence, thriftiness and knowing the right places to put your money(and I dont mean at the back of your toilet seat) are keys to it. Oh yea, and a good opportunity too.\n\nFirst off, if you dont have any capital, find a job that you can do well if you work hard enough. Something that is up to your level or skills. The pay must at least cover your monthly expenses including a little entertainment and should give you a little extra money for savings. If not, you'll have to find a second job and work doubly extra hard. Work hard and responsibly enough for your boss to like you and give you some raise. DONT EVER spend your money on unnecessary things, like that new release of Playboy. Do things that can save you money. Walk to work when you're not too tired, eat at home.... Always budget your money. Make a financial schedule of the things that you have to pay for. Make goals like how much you want to save by six month's time, but make them realistic (Dont plan to retire in six month's time). Control yourself at times when you become impulsive. Always ask if you're buying something: do i need this? how much do i need this? ALWAYS save for emergencies. Loans are cash burners cuz of the interest.\n\nWhen you save some money, you can multiply from there. Im not sure how to really make this work, but an uncle said learn how investment in your country works. Go to your favourite bank and inquire about Unit Trusts, Bonds and Shares. Dont go to the stock exchange if you're not sure and unexperienced. Its better to trust your money in a group of professionals who know whats going on, even if you have to pay them a little. I dont think you can be as rich as Bill gates with this, but at least it should secure you financially and make sure your expenses dont exceed your income.