how do u save money???

Answer 1

By being frugal and not using charge cards.

Answer 2

Wow, that's a very vague question. First off, create a budget for yourself. Make it reasonable (e.g. don't say that you're going to get by on $25/wk for gas if you know you'll need $35) and allow yourself room for what you know you will absolutely want, need, and CAN afford, then figure out how much will be left over that you can put away. I have a very lax budget on myself and even with that I still overspend at times but I generally manage. Another thing is that if you make a decent amount of money and yet still end up over budget all the time, you may need to track it all (every dollar spent!). Then you can figure out "where it's going". Once you've got a chunk you can set aside, put it in a high-yield savings account. Orange Savings is a good one with a really high APY (www.ingdirect.com). You can put it in a CD or something else but in a savings account you can take it back out if you need it. 401Ks and other special savings accounts penalize you for taking money out early so if you're just trying to have a little extra to fall back on that might not be the way to go. You can invest in stocks, bonds, etc. too but it depends how much you have to start out with. If you're really bad with money like me, then something like Orange Savings might be good for you because it takes a couple days to get money back out of the account - therefore you have it available and won't get penalized for it but it is not so immediately available that you can tap into it anytime you want to pick up a new CD. Personally, I was doing so badly that I had to borrow someone else's savings account to save money in so that I COULDN'T touch it - offered both inconvenience and accountability while still making sure that the money would be available "just in case". However, I am quickly saving up a substantial amount so it works well! Good luck to you!

Answer 3

Open two accounts one for checking and one for savings, on pay day put 15% to 20% on your savings account, but you don't touch that money only for Emergencies, you use only your checking money, I do this and it works for me, Good Luck!

Answer 4

Make sure all my regular bills (electric, phone, cable) are as low as possible, get the best insurance rates, and put every extra penny in an investment account. my retirement savings comes straight from my check and i'm taking out an amount that will meet my retirement goal.

Answer 5

Hmmmmm....

More saving and less spending, I think.