How do you save money?

Question

What things do you do to save money, strange, stupid, gross? any of them!

Answer 1

I eat at my parents house as much as possible and even do my laundry over there. I go to Salvation Army or similar outlets and scronge through the pile of goods that are left..before the store opens or after they close. I got a nice wash and dryer that was just dropped off..I got permission from the charity as there is a big sign that sez no drop off before or after store hours. The managment told me to do this as its a city violation for them. Its a strip mall.
You can sell your blood. Go to library for free tapes and dvds books etc mags papers.
I joined the YMCA as it has a pool and a lot of neat stuff to work out in..I also teach sometimes for extra loot.
I became a Nurse Aide and I do respite work. It pays 8 to 15 $$ per hour depending on the case and how i feel about them.
Pick up all the emptys in the park and get the deposit..mich.10 cents per.
eat in all you can eat buffets..check out the various stores and scrounge the dumpsters ..i used to get a lot of cookies from Mrs. Field as they were sooo good.
Donate your sperm for $$$ sperm bank...;.

Answer 2

Put money into a managed fund, $400 dollars a month. They wait for the payment, so you are forced to save it. Anytime is a good time to start cause it is a Long Term investment (so generally over time you can double it every say around 7 years) and it compounds. So you could get a 30% return in say 4-6 months, if u pick a good one. $100 a week=$400 a month =$4800 a year =$24000 over five years and double this by compound following the rule =$48,000 not bad for 100 bucks a week. Theres always an excuse it will go down or won't work but at least youll have 24 grand. Internet accounts are good also 5% interest and cant get at on weekends, till Monday morning. Just dont ask for a card. Get a timer for your oil heater- I was living in a cold climate (Orange) last year and the timer reduced the bill by like $500 bucks for the quarter. From 900 to 300 and it was still snowing in November. Dont buy books on investment, you could have invested the money. If u do sell it on ebay when finished. Sell anything u dont need on ebay. Its cheap to sell and someone else benefits from something you dont need. If you have Cash pay you credit card off, this is the worst debt you can have.

Answer 3

The best advice I've gotten and followed on how to save money is choose an amount and have it directly deposited from your paycheck into a savings account, then pretend like it never happened. If you take a small amount, say 5%, and simply never even consider it as part of your income its much easier than taking it out of your check after the fact and putting it aside. If you can't afford to do that right now because you simply break even on every paycheck, like I did when I first heard this, then when you get your next raise take half of the raise and do the aforementioned with it. That way you still get more money every month but its just like you received a slightly smaller raise then you actually did. Then that money is nice and safely tucked away.

Answer 4

I keep a spending diary and write down every penny as I spend it. It's amazing how looking at what you've actually spent in the last week can slow you down your unnecessary spending. Include everything, even that cup of coffee or 20 cent bottle of water. Keep a monthly budget of what you spend in what areas ie essential spending, food, bills, etc. and none essentials like eating out. That way you can track your monthly budget more easily.

Answer 5

Track your expenses for a couple months. Determine which of your expenses are essential and non essentials. Know your income. Save 10% of your income.

It will not happen overnight because you will learn from your mistakes but eventually you will be on top of things. Success will depend on how determined you are to reverse your financial situation.

Answer 6

I have a savings account linked to my checking account. Whatever money I have leftover from the previous week, on payday, gets transferred to savings.

Once savings hits a certain dollar amount, I transfer $1,000 to 2 mutual funds.

I invest in my company's 401(k).

Answer 7

To save money, I put it in a mutual fund.