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l would like to have some savings so i can spend when needed.But everyday money goes in from my left hand and out from the right.How could i Improve this situation? how do i ensure to save money and not ending up spending up?

2006-12-05 20:29:16 · 3 answers · asked by goh w 1 in Business & Finance Personal Finance

well i did not have a fix salary for the momment im still a student for the momment and my age is not able to get me a part time job.

2006-12-05 20:43:33 · update #1

3 answers

It sounds like you are under 18 by your addition. If you are, take 25% of everything you get (allowance, odd job money, etc) and put it in a savings account and train yourself that your savings is not to be touched unless it is an emergency (furnace goes out in the house, etc. Not a date on Friday.).

Then read:
The total money make over by Ramsey. You will read some scary stories about adults who didn't learn how to save and ended up thousands to hundreds of thousands in debt and had to crawl out of the debt hole they dug. That may help motivate to save and learn from someone else's mistake.

2006-12-05 23:44:28 · answer #1 · answered by mldjay 5 · 0 0

Sign up an arrangement with the bank where they can deduct your salary on a specific date every month. And make it that it cannot be withdrawn until a certain date.

2006-12-05 20:33:28 · answer #2 · answered by Erm 3 · 0 0

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2006-12-05 20:40:00 · answer #3 · answered by sadee 1 · 0 0

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