I can't seem to save money,any suggestions?

Answer 1

Consider re-evaluating your spending habits. Most people don't really understand how much money they spend unintentionally. My suggestion is that you keep a daily journal of all of your expenses for a month. At the end of the month, separate your expenditures into necessary and unnecessary. Analyze the unnecessary expenditures, and decide which of them are habitual. Of the habitual ones, evaluate whether or not saving that money is more important to you. If so, make the choice to save money instead. Be diligent.

You can do anything you put your mind to if you want it badly enough. You just need to want it badly enough.

Answer 2

Start simple - decide that all quarters go into a jar on the counter - so don't spend quarters - do this for 6 months - you will save money - more than you will believe (if you're canadian and do this with toonies, you'll have hundreds of dollars).

Best way to save is by doing it in automatic - for example, when you write a check, add $5 to the amount in your checkbook, soon you will have more in your checkbook than you realize - or set up automatic transfer of some amount from your checking to another account - not there, you won't spend it - it can be $5 or $50 / month, or even more - and then whenever you get a raise from work, pay yourself first by increasing the amount put aside by that raise - you won't miss it.

Answer 3

Every time you cash your paycheck, give a certian amount of money to someone you trust (mom, friend, etc.). Just pretend you are paying a bill that HAS to be paid every payday. Even a little will add up over time. Also, reward yourself for what you save. For example, after every $100 that you save, you get a new outfit or something.

Answer 4

I was in your shoes as well. I realized that only when you can visually see where all your money is going is when you can actually save. Do yourself a big favor and go buy te Microsoft Money 2007 software and track all your expenses. I promise you after couple of months of data recorded you will know where you can cut costs and hopefully start saving.

Answer 5

Buy a 2001 Toyota Prius.

Answer 6

Yes you can. Save first through payroll deductions or just the very first thing you do with your paycheck. Also, cut expenses like entertainment and eating out.

Answer 7

Spend less. Don't buy stuff that you don't really need.