2006-10-09 06:34:07 · 19 answers · asked by dsighn 1 in Business & Finance ➔ Personal Finance
Quit, it will teach you what it is like to go without. Once you learn that, having money will be a benefit, and you will learn to save it.
2006-10-09 06:36:54 · answer #1 · answered by LennyK3 3 · 0⤊ 0⤋
To the guy that said quit, you are crazy! DON"T QUIT! What you should try doing is before you get your check decide how much you want to save and stick to saving that amount unless an emergency comes up. Put the money in a savings account, a box with a lock on it, or let someone hold it that you trust. Even saving $10 is a start. Take small steps and then you will build up to the big amounts!
2006-10-09 13:43:26 · answer #2 · answered by ? 3 · 0⤊ 1⤋
Put some money in a savings account. You shouldn't be spending like there is no tomorrow. You may never know when you will be unemployed. Bank of america has a keep the change program and ING direct lets you link your checking account to their account and you can transfer money anytime you need it.
2006-10-09 14:04:59 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Common problem, what works for me is to watch a movie about what is going down in poor countires today, like Hotel Rwanda, or something, then think about how the real valuables in life are not bought with money, and so i spend less. It's worth a try. Good luck
2006-10-09 13:39:09 · answer #4 · answered by Ryan C 1 · 0⤊ 0⤋
Plan what your going to do with it..set aside money for specific things (a portion towards saving, a portion towards shopping, a portion towards paying the bills etc.) Trying making a budget..sounds like a lot of work, but that way you know EXACTLY where your money is going and how much of it, where your spending too much, and where you can cut down. I use one, and its really helpful.
2006-10-09 13:41:13 · answer #5 · answered by ♥amorvida 3 · 0⤊ 0⤋
Have money taken out for savings... contribute the max to your 401k plan, if your company has an ESOP (employee stock ownership plan) contribute the max to that too.... Have a little extra taken out for taxes... (you can later put the refund check into savings) then enjoy spending the little bit that left in your salary each pay period.....
2006-10-09 13:43:07 · answer #6 · answered by Andy FF1,2,CrTr,4,5,6,7,8,9,10 5 · 0⤊ 0⤋
i agree with putting it in a savings account. i'm not sure if the banks wherever you live provide this, but where i live they can set up an account that you can only deposit money until a certain date. once that date comes you're free to remove the money. before that date though, you're not allowed to touch it. you should look into seeing if any of your banks do that.
2006-10-09 13:44:13 · answer #7 · answered by ? 3 · 0⤊ 0⤋
I used to be frivolous with my money also. But saving and building your credit is so important. If you ever plan on buying a house having good credit is imparitive. Ask your employer if they have direct deposit put at least half in your savings, you will be happy you did.
2006-10-09 13:38:38 · answer #8 · answered by mary m 2 · 0⤊ 0⤋
Make a budget of your outgoings and stick to it. Any money left over each month is available for fun and saving, but without a detailed budget you don't know what this will be.
2006-10-09 13:46:26 · answer #9 · answered by Anonymous · 0⤊ 0⤋
Find out how much money you need to live per month
(mortgage/Rent, utilities, car, insurance, food, going-out money, credit card debt, school loans)
subtract what you make a month
take the extra and put it in a bank (or under a mattress)
Repeat monthly
2006-10-09 13:39:20 · answer #10 · answered by wrpstar 2 · 0⤊ 0⤋