Making Money : How about saving money..

@jersey86 (1348)
Philippines
June 17, 2008 4:09pm CST
hello all, we knew it already that we are all here to make and other online jobs that can make as earned extra bucks aside from our job or been here full time to earn money. how about saving the money you earned... Do you save your money? How do save it? Please post advice,tips on saving money as others may find it very helpful and your response will be very helpful for me too. cause i am saving my money to have a small franchise business someday if my savings reached the needed investment.
4 people like this
14 responses
@coffeebreak (17798)
• United States
18 Jun 08
Read my blog in my profile called Coffee Break Whatever Save Money. I have lots of personally tried and true ways to save money that you never thought you could do. I do save - and the perfect way to start saving is to literally save your pennies/change. Empty your pockets/purse every night or the end of the week and you'll be surprised at the end of hte month how they add up. The main thing to remember is my motto "save a little to save a lot" and boy does it work. Watch coupons, and even save a dollar a week - that is $52 a year! Save $10 a month and you have $120 a year. Stop buying a cup of coffee every morning for $1.00 a cup (or more if you do Starbucks!) and you have $365 a year! SImple things like that and it adds up really nicely. ANother tip is to not count it every month. Just keep putting in the bucket and every other month, count it, and put it in a savings account and forget about it once there! Trust me...I raised 2 kids learning this on my own..the hard way and it worked to make ends meet so it will work to create a savings account.
@coffeebreak (17798)
• United States
18 Jun 08
Yeah, it works. You just have to remember, it isn't in how much you MAKE it is how much you SPEND!!! And most spend more than they actually realize to a point of literally wasting money and not even knowing it! Just like that cup of coffee in the am's. Sure it is only $3.75 for a starbucks, no big deal for today. But add that times 30 days and you'll be choking on your coffee! Its the little things you do that make you understand how to get the big things you want or need.
@jersey86 (1348)
• Philippines
18 Jun 08
all your thoughts inspired me and other mylotters might interested in this discussion. Thanks a lot posting your useful insights and ideas here..
@jersey86 (1348)
• Philippines
18 Jun 08
wow, its a great idea.. hope others can read your post it is so useful okay i'll do your strategy on saving and when i see i do i will do it. I will try to lessen up my expenses and save the money.
1 person likes this
• United States
17 Jun 08
I earn money online as well as save it. I finally have enough to put 100$ in a savings account, and am going to put 5$ in there a week, as well as the future earnings I will recieve. I also have a book that whenever I have one's in my wallet, (somewhere around 3), I put them in the pages on the book. And I forget about it. The best way to save money though is to have a set amount for everything you do. Enough for rent, enough for food, a set amount you put aside to save, don't do any extra driving (gas prices are killer), don't smoke or buy the cup of coffee every morning. I've started savings by not spending on things I don't need. If I have food at home, there's no reason to stop on the way home. (No matter how hungry I am), knowing that the food is 5$ there, and free (so to speak) at home, I can wait. Hope this helps!
• United States
18 Jun 08
Or, if you don't think you can make it until you get home, put a kudos or special k bar in the glove compartment. Something that will hold you off. Even if you only save 5 dollars, it's still 5 dollars towards your goal. Good Luck!!
@jersey86 (1348)
• Philippines
17 Jun 08
wow,thanks for this great tip and ideas. You're right as prices goes high and high. i'll also follow that tip of yours that no matter how hungry you are you still manage to wait to go home and eat at your home. In my experienced although i am going home when i am hungry i'll really eat. but for your tip i'll try to follow. Thanks luckcharm for dropping by here and for your friend requests..
@setroc (853)
• Philippines
18 Jun 08
i dont save, ive nothing left to save, everythings just enough for my expenses
@jersey86 (1348)
• Philippines
18 Jun 08
ohm, hi setroc you must save al least a small amount from your income... just a suggestion.. who knows someday you need a fast money for any reason at least you have a money to use.
@chej18 (915)
• United States
18 Jun 08
Well all extra money that i am earning from net i save it for the future.I am saving for the rainy days thats what they call it.Some of them used it to double my earning. Goodluck to you jersey on franchising some business. But for me i rather make my own business name than franchising.In franchising you dont get credits w/ the name but ok that would be so easy becouse then the people know already the name of your company.But business w/ your own name give you all the credits.All business start w/ risk and people doesnt know the company name.But if thats work..Your richhhh.....But ofcourse you can do what ever you want too. I wish you all the best my friend!
@jersey86 (1348)
• Philippines
18 Jun 08
hmm, you have a point chej18 i would consider that ideas of yours. if i do venture for my own business it its successful i can have my own name of the company and even sell it for franchise wow.. sounds cool thanks a lot chej18 it really helps.
@rosebud11 (189)
• United States
17 Jun 08
I have just started to get into the "make money online" world because I'm always broke. I'm still in college so I do get money from my parents, but I never feel like I have my own money. I've decided that I'm going to save a majority (probably, hopefully 75%) of what I make in a savings account that I won't touch. If I keep saving for a long time, and with the interest the money will accumulate, I'll have some money of my own when I'm older!
@jersey86 (1348)
• Philippines
17 Jun 08
hi rosebud11 that is a great idea that you start saving your money since your still in college. keep your saving habit and if time comes its good to have your own business. i have that planned to( have my own business) . just study hard and save hard for the future success will yours.
• United States
17 Jun 08
Thank you!! It's kind of hard, just because it's so easy to want to go out and party all the time but I know I'll be thanking myself later on in life! And once I get situated, I will definitely look into investing!
@joanzz (174)
• Philippines
27 Jun 08
wow nice topic jersey really interesting. a lot of tips here in saving money. I guess i should follow tips from other poster in saving my money..
@jersey86 (1348)
• Philippines
3 Jul 08
thanks for dropping by here joanzz
• Canada
18 Jun 08
Saving money is more important than earning, if you don't save what is use of earning. small small saving makes a big saving.
@jersey86 (1348)
• Philippines
24 Jun 08
yeah, saving from earnings even though it is still small can be very big when it is combined.
@dfollin (24172)
• United States
17 Jun 08
Bank - to save money in
Right now it is hard for me to save money.I am having a hard time just paying my bare necessities,rent,utilities and food.I want to eventually be able get an online business that I can earn enough so that I can buy a car,be a little more then just pay the necessities.
@jersey86 (1348)
• Philippines
17 Jun 08
yeah, i am not excepted on that situation of yours too. its been hard for me to save money though i have my regular job but doesn't compensate my needs cause i still have cousins that i did pay all the school fees. but the good thing is also worked part time just to have a savings. Hope you could find extra jobs too which further can have extra savings.
@suspenseful (40193)
• Canada
18 Jun 08
I have a high interest savings account. I transfer the money from online stuff into my checking and then when I get it, I will upload it to my online savings account. However in Canada that money is taxable at one hundred percent. I also put so much of my regular pension in a bank account. I do not have enough to invest in stocks, though. If you take so much and pay yourself first, some 10 percent some 20 percent, and do not touch that money, you will be able to accumulate a little.
@jersey86 (1348)
• Philippines
25 Jun 08
Paying myself a percentage of what i earned.. sounds also a good idea i'll do that.. thanks
@mysdianait (66009)
• Italy
17 Jun 08
I am not able to save any of the money I earn in my jobs but with this hobby I have of online earning I am saving all of it. Except for some that I use for promoting my blogs ( a very small part) I am saving it ALL for a trip to visit my sister in USA. I am in Italy and we use euros here but my online earnings are in dollars. I leave them as dollars in my Paypal and Alertpay accounts as I would lose out if I converted them. They will be really absolutely extra money I saved when I eventually get round to booking that trip which looks like taking place in 2010.
@jersey86 (1348)
• Philippines
17 Jun 08
thanks for posting here.. as we all can share our tips and as well as our plans why we save money.. PS to all other mylotters post your tips and ideas too//
• Malaysia
18 Jun 08
If you talk about earning side income from internet, I really have no idea. I suggested you, when you get you salary, take out cetain amount of money and put in a different account, cause mix up the money will over use. Every count your usage like rental, mobile bill... etc. Deduct these amount, then count your meal, petrol and these kind of usage. If you still left some money, you can add into your saving or buy the dosmetic usage.
@jersey86 (1348)
• Philippines
18 Jun 08
ohm, i think you have a point on that.. thanks for sharing your ideas and thoughts it will be useful for others too
• United States
17 Jun 08
Im kind of a impulse buyer. I dont know how to keep any money to myself.
@jersey86 (1348)
• Philippines
17 Jun 08
hi jade, its now the time to save your money for your future.. keep posted here as if others would like to share there tips and ideas about saving money.. we can learn from them too..
• India
18 Jun 08
I think you have started a very good discussion which i always try to do that is called "Saving money" but i am successful in that.I am having a full time job still i am not able to save a single dollar. But everybody suggest me that you should save money for your future and your future dreams. I started this making money online which i have decided that i will not use for my personal usages. i will make money out of it and finally i will start my own business this is my dream!!
@jersey86 (1348)
• Philippines
18 Jun 08
thanks for the compliments. (for starting this good discussion). yeah, hope you could also save money :=)
• China
18 Jun 08
When I get the salary, First thing ,I will deposit 80% of them to the bank ,then I will use the rest to live! My shopping is to buy which I really need ,I find this way could save me so much money ,I hope which is same useful to you!
@jersey86 (1348)
• Philippines
18 Jun 08
yes, all your post here are so useful not just for me but for anybody would bump into here and read all this post..