I'm a student and I want to know how to save them in the most easiest but very effective way....I don't think piggy banks or any other banks are nice ideas..hehehe...
2006-11-04 01:33:47 · 9 answers · asked by Haffifit 1 in Business & Finance ➔ Personal Finance
if you work just pay yourself first. put 5 or 10 dollars in the bank each paycheck. you won't miss it and you can invest later down the road. also empty your pocket change every day into a container and you will be suprised how much you can save.
2006-11-04 01:44:19 · answer #1 · answered by bubba j 5 · 0⤊ 0⤋
With electronic deposits and transfers so easy, make sure to take money off the top to put into a savings account. The best bet is an account outside of your immediate area. If you have access to a long term savings plan (Roth IRA or 401K) that's a great investment for your future but also have a shorter term savings plan in action as well in case you do need the emergency fund. Try living on 80% of your income and putting 10% into long term retirement savings and another 10% into shorter term emergency savings.
2006-11-04 01:45:10 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Well there are plenty. Say, you are searching. And you spot some thing you simply HAVE to have, take a seat there and consider. If you particularly wish that, you'll wait every week or 2 and are available again for it. Now you are commonly considering that should you preserve clear of it for 2 weeks what if its already purchased, or moved out of the shop? If you particularly particularly wish it, the day you spot it, in so much retail outlets you'll placed some thing on preserve. And if you do not come again for it earlier than you mentioned you might, they will placed it again at the shelf for different persons to shop for. I wish that helped! and sure i are aware of it's kinda lengthy however particularly I wish that helped!!! ~Annie
2016-09-01 07:01:39 · answer #3 · answered by Anonymous · 0⤊ 0⤋
This is a fun way. Become a mystery shopper. (Apply to the companies on the front page at http://www.mysteryshop.org/shoppers/ to get started, then look at the free boards at http://www.forumcityusa.com/index.php?mforum=ms
and volition.com for more ) For many assignments, you get reimbursed for your meal, a night's stay, etc. Put the reimburment cheque into a savings account. That way, you can have fun with the money before you sock it away!
2006-11-04 05:23:54 · answer #4 · answered by heartlandcanuck 3 · 0⤊ 0⤋
Don't eat out (often). Pay your bills first. Keep minimal $$ on you when you go out. Don't take a credit card with you if you plan on going out. Don't drive if you can walk. Make sure you put away at least $10 a week if you are able to.
When I was in school; my main thing was don't buy coffee at coffeeshops/cafeterias! (Or any hot drinks at that). I was spending $30 a week or so on coffee/tea in itself! Also liquor, going out every weekend is expensive. Don't go to bars and cut back maybe a lil on drinks.
2006-11-04 03:28:27 · answer #5 · answered by chevgirl101 2 · 0⤊ 0⤋
go for the systematic investment plan and stick to it...most of the mutual fund do offer that or can plan you own way..its benifit are REgualr saving habit without compromising your life standard, Rupees cost averaging , Possible ladder maturity if done systematically.
2006-11-04 02:09:06 · answer #6 · answered by Hitu 1 · 0⤊ 0⤋
Make a budget, and pay your savings account FIRST.
2006-11-04 01:41:18 · answer #7 · answered by JC 7 · 0⤊ 0⤋
don't WASTE it
buy what you need, not what you want
2006-11-04 01:41:24 · answer #8 · answered by metallhd62 4 · 0⤊ 0⤋
don't spend it
2006-11-04 01:37:57 · answer #9 · answered by sheri 2 · 0⤊ 0⤋