How do you save money?

Question

How do you save money?

Answer 1

By spending less than you make.  

Answer 2

i assign my income as soon as, or even before, it hits my bank account.  i write it down - rent, car payment, cell phone, utilities, credit cards.  and i assign to personal savings.    anything left is my allowance, which i watch carefully - look for bargains, consolidating errannds, avoid unnecessary items.  write down what you're spending money on, regardless of price. as lo was $1 to as high as $10000.  every expense.  overtime you'll see where your dollars are going and are able to assess which areas you  can spend less on.  

Answer 3

Just open a savings account and treat it like a bill. Pay it every month or when ever you get paid. It's been working for me for over 35 years

Answer 4

no easy way, as has been said, don't spend more than you make. It's that simple. The HARD part is actually doing it.

i save a little by always rounding up when i write checks. Say i write a check for $25.25. When i enter it in my checkbook, i subtract $26 from my balance. I've just "saved" 75 cents. It's sorta painless. In writing about 20-25 checks a month i only "save" about $10-$15 a month--but over a coupla years it's a nice chunk. I also always pay (when i pay in cash) with dollars--even when i have change in my pocket. then at night, i empty my buck or two in change into a piggy bank. Again i only save a few bucks a week but again, it adds up. I also NEVER carry a balance on my credit cards so i avoid interest payments. When i go for walks in the neighborhood, i carry a plastic bag and pick up cans/bottles and turn them in--again, i get $20-$25 a month. Not a lot, but over time...

And finally, about once a week i go to the local grade school and beat up the kids and take their milk money..........(okay, i don't really do this).

Answer 5

it depends what u are saving for

i save with shares i cant touch it 4 3 years and the money comes str8 out of my wages and shows on my payslip i don't even notice it going

but for hols i save with holiday vouchers that way i cant spend the money lol all hol company's have gift vouchers try that and put them in a draw and watch them grow lol

another way cld be if ya not in ya overdraft alot of banks now do save the change. which means everytime u buy sumthing with ur debit card say u buy sumthing for £1.50 they wld round it off to the nearest £1 so then 50p wld go into ur savings acc

take care

x

Answer 6

control your spending.  Put money in a bank in a high yield cd.

Answer 7

I make sure I live within my means and don't overspend.  That allows me to save quite a bit....  Plus I like to see my account balance grow so I make sure I deposit money monthly