What's you savings plan, that best works for you?

Question

I have cut back from eating out and just go on the weekend, its a start

Answer 1

ALWAYS, ALWAYS, take 10% of your net pay out and put it into the savings account - before you pay any bills, before ANYTHING else. Pay yourself first - consider your 10% savings as your "personal paycheck".
Then, split your savings into two parts, half to long-term and half to short-term.
On months you can afford to, go ahead and put more into savings, but NEVER put less.

Answer 2

The easiest way to save money is to either have your employer direct deposit a set amount of your pay to a savings account at your bank or for you to do it at the bank when you cash your check.
It is better to save money before paying for stuff than waiting to see if there is any left over after paying bills and making purchases.
Don't set too high an amount, as it will be difficult not to dip into it. $25 to $100 a week is a good start depending on your income.

Answer 3

One of the best things you can do, if you company allows it, is to have your savings taken from your check before you even get it and put it into a 401k plan or some other type investment to where you cannot get your hands on it right away.

Answer 4

Pay off your debt, start with small balances first. Then put back 10% of your earnings or more.

Answer 5

i be playin dem lucky numba gu. dats da policy o' ma plan,how u like dem snap apples?

Answer 6

spend less than you make and do it for a long time