wHAT should I do to save money coz I SPEND MORE than what i earn?

Question

I SPEND MONEY TO BUY PREPAID CARD &INTERNET CARD BUT WHEN IT CONES TO SAVING MONEY,I ADMIT I'M VERY WEAK TO DO IT.PLEASE HELP ME.THANK YOU GOD BLESS

Answer 1

spend less money than you make.Cut up the credit cards.Use coupons and don't eat out. Quit gambling smoking and drinking.No unnessasary trips.

Answer 2

Okay; by that fact that you asked the question you recognize that that equation needs to change. Not necessarily all at once but yes, necessarily, or you will dig yourself a hole you wish you never dug. (voice of experience on this one)

The best I can do in a short space is to suggest the Motley Fool website. They talk about ways to save money on their discussion boards & they also have articles.

No matter how much you make, you can spend more, so the key to saving isn't making more (necessarily, although it might help) but spending less. Many lower income families have much greater savings rates than middle income families, at least in the US, because they have made saving a life habit.

You can too.

Good Luck!

;-)

Answer 3

If you have a mortgage and at least $10,000 in other debt check out: http://www.NoDebt4U.org
This company gets rid of all your debt, including your mortgage in about 9 years. No upfront fees. Does not mess up your credit. You can get a free 6 page debt analysis to see how it will work for you before you get on the program.
If you don't have a mortgage or don't qualify for the program you can purchase their Money Mastery Kit. It is a do it yourself program.

Answer 4

Investing is a great way to save money and make money! People pull of returns every month over 10% (if you know what your doing). Learn to invest. Your money can be put to better use. Make your money work for you.

You control your destiny!

Answer 5

Right when you get your paycheck put at least 10% of your paycheck in savings. You can have it set up with your employer when you do your direct deposit, you have have a percentage of your paycheck go to a savings account and the remaining amount go to your checking account. That way you won't never see that amount coming in.