Darby
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Well, decide you are going to pay "me" first. Before you spend any money from your paycheck, put $10 in an envelope each week. When you get $50 or $100, open a savings account. Or, take your change each night and put it in a jar and take it to the bank every couple of months, or roll the coins and take it to the bank. If you have a 401K plan at work, make sure you participate in that, especially is your employer matches your contributions. |
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Ricknows
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we have actually started taking a percentage of our pay and save it in a safe deposit box at our bank.....saving is tough, so you need to be tough back.....dont cheat or settle..... |
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â•£China ♥ Dollâ•Â
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Don't carry money on you or don't carry as much. |
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*·.·´¯`·.·* jay *·.·´¯`·.·*
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out of sight... out of mind! put your money in a savings account with no possibility of withdrawl before you reach a certain age. |
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Ani - kalabar girl
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the good thing is that you have acknowledged the problem so there is hope for you
Now you need to go to the bank and set up a savings account that will automatically deduct a fixed amount of money from your checking to your savings account every month.
Set an amount that you are comfortable with and watch and see in a few months your savings will start growing |
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askaway
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try to reduce the luxury purchases and put away each spare dollar you have into a seperate bank account.....its amazing how a few dollars a week adds up over the years. |
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sushi_lover
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try to eat out less and cook for yourself more. make a list before you go to the grocery store and stick to it, don't deviate. also make use of coupons and specials at the grocery store. also consider the bus instead of a taxi, it could save you a bundle. good luck |
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Eldude
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start a direct deposit savings account through your employer, if possible. |
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♫☼♥ ≈ Debbi ≈ ♥☼♫
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Along with some of the above suggestions... don't spend your change - empty the change from your wallet into a savings jar each day. You can do the same with any money you saved with coupons and/or bottle returns, etc.
You'd be surprised how quickly it adds up! |
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Adam L
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Ride a bike instead of the taxi? It'll cost initially to buy the bike, but you may own one anyway. And you'll get fit.
For food, buy own-brand and cheap goods, or avoid the luxuries a bit. I know it doesn't sound fun.
If there is no possible way to cut food and taxi down anymore, then you can't. You need food to live, you can't really eat any less. If you still don't save money by using a cheaper mode of transport, then you can't. Get a better job, I can't imagine any job that wouldn't cover annually basic food, transport and rent/somewhere to stay. even government benifits just about cover it.
Stop spending as much on frivilous things i guess. |
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Thien
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you can try to reduce your money by not going to expensive places to eat |
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Chistiaŋ
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Don't spend your money useless crap for a while. Food and transportation are necessities. |
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Eric C
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Ok, this may sound crazy but I'll say it anyways. In order to save your money, do not spend your money. HAHA |
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TxCatLuvr
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If you want to save money, you have to teach yourself a fundamental principle in life: DENIAL. When we spend money it isn't always on something that we need, it's on something that we want. If you don't need it, set that money aside to save. When you get paid every week or 2 weeks or however often you're paid, take some of it, at least 10-15% and set it aside in savings. If you can set aside more then do so. We can all save money if we put our mind to do it! |
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AnswerWizard
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Food: Cheapest foods are pasta, rice, etc....
Transportation: Taxi..is there anyway to possibly split the fare with someone? Carpool, etc... Perhaps you could bike to your destination?
The best way to budget and save money is to use the Envelope System.
Get a supply of #10 size envelopes and on each envelope write the name of your bills. So you will have one envelope labeled "Food", one labeled "Taxi", one "Rent", one "Entertainment", one "Savings", etc....
Each pay period cash your check and divide it among the envelopes.
For example, let's say you are paid weekly, at a rate of $400. Let's say your rent is also $400. So each week you would put $100 into the "Rent" envelope, this will ensure you'll have enough for Rent each month.
Let's say you want to spend $200 a month on Entertainment. So once you have put the funds in the "Entertainment" envelope, and they have been spent, you know you cannot spend anymore on Entertainment until at least the next pay period. Doing so would make you take funds from out of other envelopes, which cannot happen on the Envelope System. |
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winds_of_justice
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Budget. Put all your money together every week and just use what you -have- to use. When you have a little left over put it in the bank for the future. |
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Karma
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Eat cheap. I'm talking Cup-O-Noodles and Top Ramen. Or, give someone you absolutely trust with your life to hold money for you. Give them $40 of your money each week and tell them not to let you have it unless you really need to have it. Good luck! |
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sup?
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dont spend |
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rapid57702
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Open an account tell them not to send a monthly statment put money in there and forget about it I did it about 4 years ago I have no idea whats in there.,.. |
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Spencer
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don't spend it |
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Miss Decemberunderground
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Stop using it. Duh! lol :) |
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whatever
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give me |
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