I want to save money for the rainy days but there are many distractions that I'm encountering like BUYING LOADS for my 2 cellphones Browsing the net now & then,.PLS.GIVE ME SOME ENCOURAGING WORDS ON HOW CAN I REALLY SAVE MONEY.THANK YOU & GOD BLESS!!!!!!!
2007-02-23 12:49:44 · 11 answers · asked by POGI AKO :-) 3 in Business & Finance ➔ Personal Finance
first of all get rid of one cell phone at least...both if you do not really need. cook, dont eat out...rent movies verses theatre...walk in the park, moonlight for a date ....verses big bucks spent.....plan your errands in one day ....verses back and forth....saves gas.....etc.
2007-02-23 12:58:36 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Put aside a small amount of money from your paycheck that you won't miss. The secret is to pay it out before you get it, this way you know that what is in the account is to spend. The savings can be left to grow in a high interest, limited access account.
You'll be surprised how much you don't need that must have item when you have to wait.
Remember from little acorns, mighty financial oaks can grow!
2007-02-24 05:30:26 · answer #2 · answered by charterman 6 · 0⤊ 0⤋
Open an account at a bank that is somewhat inconvenient for you to visit. Have a small portion of your paycheck direct deposited to that account: $10, $25 dollars. Small enough that you won't miss it from your check but enough that it will build up over time. Make yourself ignore that money until you absolutely need it for an emergency---like car repairs or emergency medical bills.
Don't open the account at your regular bank as it will be too easy to transfer money to your regular checking account. Hopefully it will be out of sight, out of mind and will grow to a nice fat bank account.
Also, take your credit card, put it in a small bowl of water, and stick it in the freezer. By the time it thaws out, your urge to impulse buy things on the internet will have passed and you will have saved your money.
2007-02-23 14:07:17 · answer #3 · answered by TaxGurl 6 · 0⤊ 0⤋
when I get a job, i am going to. i'm in effortless words 13, notwithstanding, so truly I frequently count on my mom to have money for a moist day!! yet i'm searching into getting a shift at my community e book save to assist out after college and on weekends, and that i'll babysit over the summer. : ).
2016-12-04 20:58:19 · answer #4 · answered by ? 4 · 0⤊ 0⤋
In the book the "Total Money Makeover" by Dave Ramsey he often says: "If you want to live like no one else, you Must live like no one else" What that means is in order to save for the futrue, pay off debt etc and prepare for the future you must start by denying your self and living like no one else in our culture. You have to break the binding our society has put on us in an instantaneous, I have to get all the best stuff now. If you can do this, and save diligently then in the future when everyone else is in debt you will be able to live like no one else (well off probably rich). He has several other good suggestions in his book.
Also, the author is a christian. He was a millionaire once through real estate. Through poor planning he lost all his money. Through diligence he is now a millionaire again and trying to teach others how to break the shackles of debt.
2007-02-23 12:58:10 · answer #5 · answered by David J 2 · 0⤊ 2⤋
Lose one of the cellphones, claim on your insurance.
Use the money you receive to go on holiday for the weekend.
Before you go, find a friend who has recently bought a camcorder.
Take the camcorder with you to the travel agents, and get insurance.
While on holiday, go to the police and declare a camcorder stolen ( you were standing still, they came up, pushed you and swiped it.)
When you come home, take the receipt to the insurance company and claim the money back.
Do this every six months and you'll get at least 2000 saved every year , not to mention free holidays !
2007-02-23 13:02:36 · answer #6 · answered by savs 6 · 0⤊ 3⤋
Do you want to understand one of the factors typical Law of attractionmaterial does not work for so many individuals?Think it like a diet. If you desire to lose weight and you work hard to lose it
2016-05-17 13:48:53 · answer #7 · answered by Alfonso 2 · 0⤊ 0⤋
Self discipline and control
only spend when absolutely necessary
dont bring ur cards when you go out, so that you wont use it...
jot down everything that your spending, by doing so, you keep track of everything....
2007-02-23 13:37:16 · answer #8 · answered by charnelhouse 2 · 0⤊ 0⤋
Earn more than you spend.
Its not that easy these days.
Why have you got 2 cell phones?
2007-02-23 13:19:18 · answer #9 · answered by Pat R 6 · 0⤊ 0⤋
put it in the bank
2007-02-23 12:56:53 · answer #10 · answered by Julie 2 · 0⤊ 1⤋