whats the best way to save money.?

Answer 1

open a savings account. Put money in. Never take it out. NEVER.

Answer 2

Like a few have said - stop spending. Impulse items are a killer. It's amazing how much junk, we really don't need, comes home with us.
I stopped using my bank card for purchases, it was just too easy. I make a list of what I'm going to the store for and stick to it, paying with cash.
Watch for sales, and do comparison shopping instead of buying in the moment.
I don't use credit cards, though I've got 2, and on trips will be taken along in case of emergencies.
Bag lunches and eating at home save alot of money. I know, not cool but...
These are just little things but they all add up and at the end of the month...well you might have money to invest in long term savings.

Answer 3

The best way to save money, is to set a seperate account aside from a diffrent bank then what you already have. Then you wont be tempted to transfer money into your checking if its with the same bank. You would have to travel out of your way. Also get a direct deposit of a set a amount to be taken out an put into that other account that you are not touching.

Answer 4

Set up an automatic investment plan at a mutual fund company like American Funds, Fidelity etc

This way the money comes out on a regular basis - just like you would pay a bill.

You could put all of it into a Money Market or Stable Value fund if you are worried about exposure to the market.

Answer 5

pay yourself first. If you have trouble saving, try opening a savings account at your bank and having an automatic payment from your checking account to your savings account whenever you get paid. That way, your access to the money is a bit more limited and may help you to avoid spending it.

Answer 6

Wow, good questions. There are many ways but I think it is about not spending those little purchases: coffee, lunch out, things you don't really need!

Of course to best way to have money is to earn it. Investments. Everyone should have a income from home revenue stream. The tax saving alone can boost your personal budget

Answer 7

Start with your biggest expenditures (mortgage/rent, cell phone, gym membership, etc) because those are the most likely places you can trim rather large amounts of money.

Personally, I was able to save a decent amount on my cell phone. $40 might not be much, but it sure adds up over time.

Answer 8

The main thing is to start. Does not matter how you do it just do it. I recommend direct deposit into a saving account.

Answer 9

make you pay check direct deposit to a high-yield saving account, it begin to earn interest right away for you. Pay your bills by a "cleaning" not balance credit card, then pay your credit card electrical transfer from you online saving account.

I use ING direct:
http://www.ingdirect.com

Answer 10

debit the money