How to caculate how much money to save and spend?

Question

is there any websites to caculate how much to spend and how much to save?? im just trying to be smart with my money but i still wanna have fun you know... help please thanks

Answer 1

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 2

Just look online for any FREE budgeting software or MS Word templates (or any other software you might have).

Answer 3

If you manage to save anything consistently, you are doing better than over half of Americans.

I don't know what expenses you have, but if you are asking, you must not have much yet.   Make a budget, and don't forget rent, food, liquor, clothing, utilities, car payments, gasoline, maintenance, charity, gifts, taxes,  medical expenses, insurance, entertainment....  The list goes on and on.

Then there is saving for Christmas shopping, saving for a new car,. saving for a house, or saving for your retirement some 50 years hence.  You will find it is possible to spend all you earn.  If you tally up all the things you should save for, you may find you should save a substantial portion of your income.  This is where you work out what is important to you.