Im a 20 yr old female who is ready to get my own place by april of next yr. me and my mom dont really get along and im so ready to move out and get my own place. i just got a good position working in a medical clinic and after i pay all my bills off im ready to save. my question is i have a hard time saving so can anyone give me any good suggestions on how i can force myself to save so that i can get the hell out my mom house by the spring???
2007-09-28 15:50:23 · 6 answers · asked by lexxyb_87 1 in Business & Finance ➔ Personal Finance
Go to the bank & open an account. Ask them if they have any type of accounts to help you save. They used to have one that would take so much of one account each month & deposit it in another so you would be able to save it easier but I don't know what it's called. You can also get a jar & lable it your freedom jar. Anytime you want to stop at Starbucks for coffee or anywhere to get a treat & you don't, put the money you would have spent for the luxury in the jar then take the jar to the bank at the end of each week. Small things add up. Good luck to you!
2007-09-28 15:56:08 · answer #1 · answered by S J 5 · 0⤊ 0⤋
Well, how much will your rent be when you move out? And how about your phone, and lights, and water, and cable, and insurance, and groceries, and clothes, etc?
You need to figure that out and put that much away EVERY month. That is the only way you will know if you can afford to move out. PLUS, all that money will be available for the various deposits and down payments you will need. What's left over will forma nice cash emergency fund which you REALLY need if this is your first time living on your own. There will be LOTS of expenses that you did not think about.
2007-09-28 15:55:31 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Hi,
Since, you can spare some money every month, you can go for a home loan. This is the right time to plan a home as the real estate industry is down and it turned out to be a buyers' market. This will help you get a good bargaining power while buying a new home. Checkout http://homefunding.consumerplanet.info for finding low interest housing loans to suit your budget and own a dream home. Good luck!
2007-09-28 16:08:45 · answer #3 · answered by Anonymous · 0⤊ 0⤋
why do you have trouble saving? Are you just spending blindly? If so, what are you going to do when you have rent and utilities to pay? You need to learn to say "no" to yourself. What bills do you have? Cut up your credit cards, if you don't have them, they won't tempt you. Then open a separate savings account in a bank across town, so you can't access as easily and have your employer put 30% of your pay check in it. Do NOT touch it. If you are a compulsive spender, you need to seek professional help.
2007-09-28 16:07:14 · answer #4 · answered by Anonymous · 0⤊ 0⤋
The marketplace the place I keep (Von's) places a huge decrease value on meat while it is close to the sell by using date, usually 30% to 50% off. purchase those and freeze them at recent; they would be stable for 6 months. additionally, sparkling vegatables and end result are continuously (in my adventure) greater decrease priced than pre-packaged, processed dinners. stay faraway from the organic and organic vegetables, nonetheless. they seem to be a lot greater costly.
2016-12-17 12:40:06 · answer #5 · answered by marcinko 4 · 0⤊ 0⤋
Sounds like you have serious motivation with the mom conflict ,
If that is not enough inspiration to save ,
I doubt anything we put up will work .
If you reallllly want to get your own place ,
You will put away enough for first , last , security deposit , & utility deposits .
2007-09-28 15:57:44 · answer #6 · answered by kate 7 · 0⤊ 0⤋