How much money do you save a week?
January 30, 2008 5:35pm CST
I am hopeless at saving money. If I ever have spare cash I always seem to spend it on something. Wanted to know if you have a savings plan. If so how much do you put into it each week? Do you get it directly taken out of your account each week? Is there accounts you can get that you can't touch, to prevent you from spending your savings. What is the largest amount of money you have saved?
28 Feb 08
I spend 1/3 of my income every month and save the rest. I push myself to do that because I don't want run out of money one day. And I should save money to pay my daughter's education. What is the largest amount of money I have saved? I bought a new apartment last year. It cost me 400,000. I paid for it without borrowing money from the bank or others. Save every penny and you will be rich.
28 Feb 08
Wow that is phenomenal, you paid $400 000, for your apartment without borrowing from bank. That is awesome, you must be a good saver. I wish that I could only spend 1/3 of my income and save the rest. But my bills and rent take up more then 1/3 of my income. I will have to work out a percentage of my income that I can comfortably save. Thanks for your inspiring story. :)
31 Jan 08
hi kiran because of my health i'm on benefits but each month i save £15 in an isa account that if i want to withdraw from i have to fill in a withdrall form and have to wait about a week to get it-it makes me save for something i really want to do or need plus it adds up quite quickly cos i forget i have it!!also i save all my spare change and as i see it getting more and more it makes me reluctant to spend it unless really nessecary,also i keep it in a safe indoors of which there is only one key and i hold onto that but saying that what i have in my purse apart from change that is what i live on-its difficult at times but well worth it-if you cant trust yourself not to touch it then give it to someone you trust who will keep it for you but always as you save keep a note in your pot or whatever you put money in telling you what you have, and unless you are in dire need of what you are saving forget you have it then as you add to it you will be reluctantant to touch it-from littleowl
• United States
1 Feb 08
Right now we are in debt, so we are not really saving any money per se, but instead are working at paying things off. We should be completely debt free (other than 1 car payment, mortgage, and student loans) by June. Then we will have an extra $700 each month to save. Yeah!
1 Feb 08
Yeah I'm with you, I am in debt too, savings is not possible for me right now too. But least you have a date of when you are going to be debt free. Extra $700 a month that would be an awesome savigs plan, something to look forward to. Thanks for your response.