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How can i be thrifty? i work in an internet cafe and i spend too much money everyday. i want to save. but how?

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How can i be thrifty? i work in an internet cafe and i spend too much money everyday. i want to save. but how?

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  1. you should leave some of your money in your house and your salary in a month, you should divide it per day so you will know how much to spend in a day.


  2. yeah i ahve the same problem and now im in a rut and im learning to only buy what i need and save my gas and bring lunch from home. eating out has to be what we spend our money on the most (my wife and I) so not eating out saves us a lot

  3. You can bring your own lunch from home. You can leave money at home so you don't spend any outside.  

  4. The first thing to do is to set up a long term savings account with a few bucks that you don't have and don't have access to. I am not talking half of your paycheck here... just $10 or $20 a week for the next 10, 20 or 30 years. It will add up over time. Forget you have it. You should do the same with a short term savings account to have a "cushion" in the event of medical issues or loss of job. If you have credit cards, immediately stop using them and arrange a budget that will pay them off completely. It makes no sense to spend money you don't have. Now, a budget is important to know what you can and cannot afford and you MUST live within your means. I don't care if you have to pay bills off the top and put the remaining 1/7th of your amount into each of seven envelopes. That's your disposable income. If you spend it, save it, give it away or whatever doesn't matter. Bills come first!!!

    Money is an emotional trigger. If you are a saver or spender, it is usually the result of your attitude about money and how you were brought up. Sometimes people copy their parents money behaviours while others rebel against them. It's up to YOU to figure that out for yourself so you can work on living within your means even if it means living without certain things.

    Now it's one thing to clip coupons but if you are cutting out coupons for things you really don't want or need, you're not saving money... you're spending it.

    Your local library will have alot of FREE resources including movies for entertainment as well as books and magazines that offer money tips that can apply to your life.

    It's one thing to be thrifty but another to be cheap. You sometimes have to invest in yourself. Go ahead and spend but use judgement and common sense. Think long term as well as short term and buy things by value instead of costs. Be practical with gifts to others and to yourself. You know the basics of saving money on gas, electric, water, etc. I won't go there. Barter products and services with friends. Pick up another part time job and/or business of  your own.

    Money is all about security and you cannot have too much in reserve for that rainy day or retirement. If you respect money, it will respect you.

    Join online support groups for money chat. The more time you occupy yourself with free events, with friends, with online research, with reading, with working ... the less time you'll spend shopping trying to get the emotional fix that you are really seeking.

    What works for one person or family in being thrifty won't work for others so you have to balance what's right for you. Savings is important if you see that you're a spender... get an online account without a debit card and contribute to it as though you don't have it. You won't miss that $10 a week ($520 a year +interest) but over years and years, it'll be there for you.

    You don't need a 42 flat panel tv... a $199 closeout "old" tv is fine. Remember VALUE not price!!! Buy what you need not want you want and know the difference!!!


  5. Just open a savings account and treat it like a bill and pay it every month or whenever you get paid. I've been doing it for 35 years.

  6. self control?

  7. hello - the automatic millionaire is the way to go.  good luck!

  8. you lack motivation.... try to motivate yourself and be thrifty

  9. Probably the best book on this topic ever written:  The Automatic Millionaire, by David Bach.  The tendency of most people is to fulfill their immediate wants with the money (or credit) available, and we tend to make ourselves poor a few dollars at a time.  In Bach's book, he talks about being able to find just a few dollars each workday and investing it into a retirement account, you can be a millionaire by the time you retire, and you don't have to make a lot of money.

    The best strategy I have found, is to set up automatic deposits into both an emergency fund and a retirement account.  Treat these just like the rest of your bills, and once they are all paid, then you can blow the cash in your pocket without guilt, because you've already paid yourself first.  You will never even notice the money is gone, but you will look up one day in a year or so and be sitting on thousands.

  10. Workout what your income is and what your outgoing expenses are. Take all of your bills and divide them into weeks, fortnights months (however often you get paid). Do up a spread sheet and document your savings every pay, save for your bills weekly (or however often you get paid) so when they arrive they are ready to be paid. In other words you must account for all of your expenses, include some fun money in your budget and most of all be disciplined.  

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