How to save money?

Question

I need a financial advise. Ive tried budgeting and stuff but i know nothing about making a budget and saving money and all that stuff. Is there anyone out there that would like to help me out?

Answer 1

Your mistake was trying to budget! Budgets usually don't work. You need to be flexible. You need to change your habits. Everyone is different, everyone needs a different way that'll work for them. There's lots of good books on the subject of money management and frugality. Start reading! Find out what works for you. One of the best books out there is "The Automatic Millionaire" by David Bach. One thing I would recommend is having a bit of your paycheck sent directly to a savings account.
You probably won't miss the money and it's a good start. If you really think about it I'm sure you'll come up with some ideas. Make them painless or you probably won't do them. Remember that they don't have to be perfect. Just good. Any improvement at all is excellent. Change your mind and you'll change your life!

Answer 2

Get a college ruled ,3 section notebook and use each section for a month of recording information. The first few pages of each monthly section should go as follows-Income-List each day on this page and the income you took in-page 2-regular outgo-these are the bills you are obligated to-such as basic grocerys,gas for car,rent,cable,electricity,water ,car insurance...etc page 3-micellanious outgo, These are unplanned expensives and money sometimes spent on stuff you want but do not need.page 4-this is the total wealth page where you list all assets, money in checking,savings,change jar,money owed to you,uncashed checks,wallet,maybe a special hiding place...etc.

Answer 3

Check out http://www.myfriendbenjamin.com/ They've got an article on their "Moneymaking Articles" section about saving money.

Answer 4

You can put it in a bank or buy what you need not what you want Merry chrismas and a happy new year!

Answer 5

only buy what you need ,not what you want