Save, save and save

@Patzi_md (129)
Philippines
January 22, 2009 8:04am CST
I've been thinking of saving my money, but I don't know how. I mean my expenses are greater than my savings, so I haven't save any at the end. What are the best ways to save, or where to put your savings?
7 responses
• United States
30 Jan 09
I usually save the money from the cans and bottles I exchange not only do i get money back but it helps the environment, I also cook cheap meals and avoid fast food and eating out, it seems cheap eating dollar menus and all but it's not that healthy and you can eat cheaper meals, if you are a smoker i suggest to quit smoking alot of people smoke and don't realize that is alot of money my mother in law was a smoker since she was 18 she is now 61 and quit smoking, not only does it save your wallet but it saves your lungs also, another way to save money is to make money online, you are doing something good by using mylot you get to make friends chat about different things and earn some money, i made a blog with websites and payment proofs those are helping me earn money, i also use a large water bottle and fill it with change.
1 person likes this
• India
22 Jan 09
Hi all the best way incereae your saving is cut down you r expencess. I am nit a great economist but i am living on a room and know well hou to make your own budget for every month. I am a student and work in a BPO also as you know due to this recession how the salaries are going down. In all this you have can't change the job so just cut down the expencess. Best rule of Economics is spend money only there where real necessacity is and this will help you al lot to incerase your savings.
@cher913 (25893)
• Canada
22 Jan 09
like when you are on a diet, you cut back on eating food and things that arent good for you; so do you need to cut back when trying to save money. we are really struggling financially so we go to the library and get movies, we shop at a discount grocery stores, we get our meat from a butcher, i only shop at thrift stores for clothes, we eat a lot of soups and pastas, that sort of thing.
1 person likes this
@checapricorn (16066)
• United States
22 Jan 09
H[i]i Patzi, I guess the best is to cut down your expenses, buying only stuff you need and lessen also the recreation! Hubby and I tried also to eat out less to save some money! it's a sacrifice but we need to do it![/i]
• India
22 Jan 09
Instead of saying it sacrifise you can say it reducing extra expencess and saving more money. So it will useful in our future.These things give pain in beginning but give fruitful result in the future.
@soulist (2987)
• United States
24 Jan 09
One thing that you can do that I actually do is save your change. Let it add up in a jar or several jars. I have increased my savings account a great deal from just saving my change. I even opened a savings account from the change I have accumulated throughout the month. I mean it won't be much at one time, but it adds up plus the interest. I use mylot as a way of adding to my savings account as well.
• India
23 Jan 09
If you are a habitual shopper, please get the will to control the need for shopping without necessity. Reduce eating out. Use discount coupons while shopping. And yeah, try to buy groceries in bulk..not too much at a time but say 200g pack instead of a 100g pack of something you use a lot. If you want to lose weight or something, now would be a great time. Put all the money you'd use to buy fatty, unhealthy food into a jar and see how much you can save! All the best.
@dvschic (1796)
• United States
22 Jan 09
i have money automatically put into my savings every month, right of my paycheck, that way i never see it. i don't have my atm card hooked up to my savings account either. sometimes its only 5 bucks, but if i need it, that $5 could save me later. i haven't had to cut back that much, luckily, but i'm starting to in 09. its less of what i want and more of what i need. i drive less, eat less and shop less. i'm a wicked shopper, i shop to make my happy. now, i leave my wallet in the truck so i'm not tempted to buy, i just shop to look.