Help me.. How going to save my money ='(?

Question

I am 21years old and working too? every 1 month i earn my pay is like around $700plus. I always try to save up my money, to go holidays or prepare christmas for this year. But i need to give me my mother like $200 or more.. And my transport to work is like not eough for me to save up. Total my tranport like $140.

so if you were me how much are you to going put aside for your saving? if you have $734

Answer 1

Keep a record on what you have spent daily. By the end of the month you will know the balance you have. Try to keep at least 30 to 40% of your net income aside. Accumulate the amount and invest in insurance.

Next step look for a new job with better pay or have a second job.

Answer 2

don't spend it da or get a better job

Answer 3

You only make $734 a month? It will be very difficult to save with that income. You need a better job or another part time job to help supplement that income.  

Answer 4

You have to start thinking S-M-A-R-T. What kind of cutbacks can you make? For example: I drink bottled water. Now at $1 a bottle on something that covers over 65% of our planet is not smart. So I bought one of those water filters that s***w into your faucet. I have bottles that I refil over and over again. I take them to work. Do you have a lot of small appliances around that house that are always on? I cut my electronic bill almost in half by unplugging all the clock radios and night lights. I also bought some of those florescent bulbs that look a lot like a regular bulb. These things use 80% less electricity than regular bulbs. You would be surprised, but these small things add up. I know I was spending money on the water filter and energy efficient bulbs but these things will pay for themselves in a month providing they pertain to you. If you really need the money right away start cutting back on your food costs. Romain noodles cost a dime and they taste just as good as campbells chicken noodle that costs $130 a can. Ok no chicken in romain noodles, but you are probably just missing about 4 tiny pieces of chicken. Put a brick inside your toilet 'chamber'. You will use a little lesser water each time you flush..Before you know it you will be ahead. Wanna be creative? Find yourself leaving lights on? Buy a motion sensor switch, the lights will turn on when you enter the room and will turn off (by a set amount of time) when you leave the room. I have one, they cost $15 at HomeDepot. Need new windshield wipers for your car? Who says you have to buy 2? You only need the new one on the drivers side, leave the old wiper on the passenger side.  So remember you have to start thinking S-M-A-R-T! Yours truly seahorsehawrey.

Answer 5

First of all you don't think of your budget as limiting. Think of it as allocating money for prosperity. Next write down, "I choose to allocate my income to achieve (Insert here what you want to have or do.)

Then write down what you need such as, I spend 75 every two weeks in gas. Plus 30 a week in food. So that I do not spend that money and I live right next to a wal-mart I just put that money on two separate wal-mart cards. Also for the first month try saving 10% of your pay and put it into a savings account where you would have to go out of your way to get; so if you do have the hankering to spend that money it would be harder to get to.

Also don't dwell on the fact that you may not have enough money now.

Hope this helps.