how is a good way to save money..its hard for me because im a BIG spender!i want to go 2 college&have a family

Answer 1

You have to want to save. Then, "pay yourself first." before going out and spending your paycheck, put some money in the bank. $50, $100, whatever. But do it first. Try it, it works!

Answer 2

See if your employer will set up a savings account for you and automatically take out $50 or $100 or whatever you can afford (after bills are paid but before you just spend) out of each paycheck. That way, it is put away for you & after the first few weeks you won't even miss it. Don't put it in a checking account because it will be too easy to spend. Don't get an ATM card or debit card on the account. You will be surprised how fast the money accumulates. Then, once you get over $1,000, take $1,000 out & start putting the money in CDs (they pay MUCH better interest than savings accounts), you absolutely can't spend those until they mature. Once money starts accumulating in those, talk to a good financial advisor & put some money in mutual funds - try the safer ones first, they will pay less but they are normally good investments. Good luck!!!

Answer 3

Have you heard of Financial Peace University? It's a faith-based financial program that helps people get out of debt and use their money wisely in order to be prepared for retirement and college-planning. It can also be applied to those who are not Christians (if you aren't).

Put 20% of every paycheck into a high-interest savings account (not always necessarily at the bank). Don't touch it. Look into other financial plans (such as IRAs, CDs, Money Markets) for your savings.

Learn to live off of the rest of your paycheck (80%). Do you REALLY need what you spend your money on? Think twice before buying things. Budget shop for groceries when you go to college (generic is just as good as name-brand for food -- in most cases). Buy clothes on sale.

Most Americans save 10% or less of their paychecks. Our country is the worst about saving money for the future.

Answer 4

A good way to save money is to stop spending. No magic to it. Spend less than you earn and save the rest.

Put long-term goals over immediate gratification.

It's up to you to control yourself. No one can do that for you.

Sometimes self-control comes with maturity. Sometimes it doesn't. Sometimes learning a hard financial lesson does the trick. Other people never learn.

Answer 5

If you want to save money for college and you are truly a material girl as you describe, you need to loose the material girl attitude fast. You need to save money first. If you have a job right now, save at least 10% of what you bring home. What is left after you save is your money for incidentals (movie, dinner, clothing, etc). Ultimately it's your choice.
And remember, mommy and daddy will not be around forever to help you. Good luck!

Answer 6

I highly recommend you vist dave ramsey.com. First write a budget before you get paid and don't go over it. Second develope a long term, medium and short term goals. Pay off all debt and don't go back into debt. Save for college and go.
Most importantly have your spouse support you in restraining your spending habits. This dosen't mean you can't spend money your just controlling where your money goes.

Answer 7

Spend money only on needs, not wants. It is your choice, you have complete control over your success in life.