Saving money tips?

Question

hey i wanna save money. any tips. any creative tips thanks

Answer 1

this is what works for me. I always pay with dollars, and the change I save. It makes you save everyday, and adds up to a lot every year. You also need money to invest. So take others sugggestions too. GL

Answer 2

I have a Personal Finance Blog that I've started a couple of weeks ago, about just this thing. See the link below for lots of tips about saving and organizing your finances.

Here's some of those tips:

Shop for auto insurance quotes. Go to several companies and internet sites like Geico and Progressive. Especially go to Costco or Sam's Club if you are a member. Costco beat every other quote I received by $500 a year, for the same coverage that I had prior. The warehouse clubs have great bargains on other services too. They are for much more than just buying stuff cheaply in bulk quantities.

Look at your telecommunications. Are you paying for expensive add ons like caller ID and call waiting. Dump'em. Are you part of some long distance plan with your monopoly phone company. Undoubtedly you are paying too much. Go to www.americom.com to get long distance rates at 3.9 cents per minute with NO monthly service fee or minimum usage requirements.

Are you using an expensive cell phone plan? If you talk less than 200 minutes, you are almost certainly paying too much. Check out prepaid with T-Mobile.

Do you get cable or satellite TV? You probably have some expensive plan with lots of channels you don't watch much. Switch to a cheaper plan or check out the competitor. Is it feasible to go back to getting free TV from an antenna?

Check for other hi-speed internet options. Even if you don't want to switch, if you call your current provider and tell them that company X is offering hi-speed internet for only X dollars a month, they'll probably match it.

Do you eat out a lot or get lots of fast food? Start packing that lunch and cooking more. There are big savings here if that is the case.

Do you have an expensive car with expensive payments? Can you trade in for a less expensive car and smaller payments? And then drive that car for years past when the payment ends. I haven't had a car payment in 3 years and it feels great!

Keep doing this for everything. Ask these questions. Do you need it? Do you need it at that level? Is there a cheaper alternative? Can I get it from a competitor? Can I get my current provider to provide it cheaper?

Also, I recommend you read Automatic Millionaire by David Bach. He has a good program on how to save money automatically into your retirement plan, emergency savings, etc.

Answer 3

The best advice I can give is pay yourself first. It's easy, all you have to do is have a bank automatically withdraw a certain amount of money from your account once a month and put it in a savings account. I have 150 dollars taken right out of my account every month on the 15th. It really adds up. Take a look at ING, there savings account pays 3.5% interest, that's significant. That way, if you buy something you don't have to feel guilty cause you're paying yourself first.

Answer 4

If you have some cash in your wallet and you're going somewhere, with a mall neabry or any shop, leave your cash at some safe place before going out. If you're using cards, then do the same. Just bring the money you think you need for your errand.

Answer 5

dont save money

just invest money in ULIP