how do u save money?

Answer 1

payroll deductions into my Credit Union and 401k
if I dont see it.. it doesnt hurt to save it

Answer 2

Savings is like weight loss or overcoming any addition, it is a matter of discipline. We are all addicted to some extent by immediate gratification -- some use drugs, some use food, and other don't control their money, therefore their money control them. I know that is too simple -- BUT IT IS SIMPLE, but not easy.

The principle that I used to start was to pay myself first. I used the 401(k) at work and I had the company split and deposit my paycheck into two accounts: a savings account and checking account. I set up the savings account at a small bank that was not near my home. They didn't have many services. It was hard to get it out; therefore I forced myself to live on the amount that was in the checking account. That moved me to a spending plan. After the savings and the 401(k) started growing, I became addicted to the savings. It was fun to watch it grow.

I am going to send you to three websites. They all teach budgeting, spending plans, savings, investing and planning.

http://www.crown.org/
http://www.daveramsey.com/
http://www.suzeorman.com/

Suze Orman has product to sell, but still has good advice. Crown and Dave Ramsey are both Bible based sites and I don't know your faith, but I will tell you the principles are solid. Even if you don't buy into the faith side, the planning and organization is important.

Answer 3

Save 10% of all your income.

Do not think or analyze if you have enough to spend. Just put away the 10% of your income. You must save in a place where it not easy for you to get it out.

Never touch this saving unless it's for investment purposes. The only reason to touch this saving is when you want to grow your money.

Answer 4

Saving money is based on how you earn money. There are different pratice to understand what is your money flow come in and going out. Make note on your all money comming / going ways on paper or diary, also try to put monthly budgets so you can understand where money goes out long. You can find that gap and save money. We could not remember what we spent last week, better you can write on paper and try it.

Answer 5

We have to make it a practice to save money.
The easy and possible way is to save is:
open an Recurring deposit account with a bank or open a mutual fund account SIP. The amounts to be saved is fixed and regular. After some time you see your money is growing and you will get more interest to increase the amount.

good luck
P N KRISHNA MURTHY,CHENNAI, [e-mail]

Answer 6

I am Jugnu. My wife is jugnee. She save money saved by me.
I can not save money. She has a box with hole and I have to fill the box.

Answer 7

I can hardly save bills, but I save coins by kinds, each having its own coinbank.. It takes long but after some time, the coins that you spent for useless things would be transformed into precious money.. *^^*

Answer 8

Put it in the bank like most folks do, or try this: get or make a piggy bank of strong wood, when ever you get a quick 5,10, or 20, quickly deposit it into that box and put it away, and promise yourself not to smash it open until six mth or a year, if your put in say $20pw x 52wk starting from this week on you'll get a hefty lil' sum($1,040) for next Xmas dude.Maybe you can do more, go do.

Answer 9

hi
well i have something diffrent tosay for save money
and thatis its on ur willlpower if u think u wil save then ur full thinking is for save money and u will think for option .
and its habite if u once get this then u will save money
for ex. if u wann go to uotside u have many option u will go by bus buy car or just walking its on ur thinking wts u will select and thats work
i think all understand wts i wann tosay
thx
and if anyone have any point for this can contect me

Answer 10

U should earn more, spend less and the difference u save. U can spend less by proper budgeting of your expenses and sticking to the budget.