What are some good ways to save?

United States
June 15, 2012 4:31pm CST
Anyone have some good tips on how to save more effectively? How do you control yourself when you have the urge to buy something? This is a big problem in my life at the moment, and I would like to find a good solution.
10 responses
• United States
15 Jun 12
There are a variety of ways to save money d: The one I like most is saving up the change in a piggy bank. It takes time, I know! xD Before you know it, you'll be having like $80+! :D The last time I went to the store to exchange the coins for cash, I got a little bit over $120. O: I was a little shocked. x]
• United States
15 Jun 12
I already do this, however I don't take my change to the store because they charge money to use their machine. I take it to the bank and it costs nothing.
• United States
23 Jun 12
I take mine to the bank as well. It is a pain to roll it up, but it is worth it when you have a lot of change. I always save my change and keep it in my kitty bank. I know the stores have a machine, but they charge a fee which is hard because it takes away money and it takes away from my savings account.
• United States
23 Jun 12
why do you roll it up? That is unnecessary. I don't roll it up, I take it in a big bucket or jar, they have machine that counts it all and separates it. No need to roll up your change.
@Bhebelen14 (4561)
• Philippines
28 Jun 12
Nowadays it really hard to save money because almost of the prices are getting higher. To control myself on spending money I make a weekly list for our foods and follow it strictly, also I have a monthly list where I can buy something for myself aside from food. I always think and buy my needs first before what I want to buy. Also when I recieved my salary and the salary of my husband I always make sure to put the 30% percent of our salaries in the bank and 70% is for our daily expenses including foods, bill and allowances.
• United States
28 Jun 12
Sounds like basic budgeting.
• Philippines
28 Jun 12
Yes its very basic budgeting yet very effective.
• United States
28 Jun 12
Yes I agree, if you know where your money is going you can control it better.
@PageTurner (2827)
• United States
16 Jun 12
Hello Lmfisher666 One way to control yourself to not buy something is to sell everything you have and give your money to the poor. Then, quit your job (if you have one.) You may be less likely to buy if you realize you don't have any money coming in.
• United States
16 Jun 12
Yah, that's way too radical, and no way I would ever do that especially since I have a daughter to take care of.
• United States
16 Jun 12
Hmm. What about if you became busy with other things and didn't have time to shop offline or online? I have been thinking of buying an old fashion washing machine -- the kind that doesn't use electricity. Today I went to the Little House on the Prairie Museum, in Walnut Grove, Minnesota, and I saw one of these washing machines, and it reminded me that I had been considering getting one. I would be able to save electricity with it, and also it would take so much time and I would be so exhausted after using it, that I would have less time to shop.
• United States
16 Jun 12
sounds radical, and since time is money, that makes no sense to me.
@ShepherdSpy (8563)
• Omagh, Northern Ireland
28 Jun 12
First,sit down and work out a Budget so you have a good idea how much is coming in and how much is going out each month. If there's more coming in,that's fine..if there's more going out,you could be in trouble. If at the end of that you still feel the urge to splurge,ask yourself "Can I afford it? Do I need it? Can I get by without it?" If you have both savings and credit card bills,you're paying more interest on the credit card accounts than you'll ever get back from savings..instead,better use the saved money to take a bite out of the card balance-you'll pay less on interest,and can gradually reduce the balance until you can pay off or manage the full card balance each month..and if you have a number of cards,roll over on them..that is,always pay more than the minimum payment,as it's proven it can take YEARS if not decades to pay off a card if you're hardly even paying the interest owed each month..then when you have one paid off,take that payment over to the next card and double it up..this one will go quicker,and so on..
• United States
28 Jun 12
Thankfully I don't have credit card debt. The point of a budget is to put a name on every dollar. You can make it as strict or lenient as you want.
@cher913 (25895)
• Canada
28 Jun 12
stop shopping unnecessarily; make lists when you need to shop; plan your meals ahead of time and shop accordingly; only shop at thrift stores and use your local library for movies and books.
• United States
28 Jun 12
Sounds like some good advise. thanks.
• United States
23 Jun 12
I save my change and when I have enough I roll it up and put it into my savings account. It does quickly add up. I know two weeks ago Randy and I went to our storage bin and we had a lot of change in one of our storage conatiners. It added up to 40.00. we were very happy. I was lucky because my niece and nephews love to help me count change (they are 7 years old). I wrote down how many coins were needed for each roll and each child took turns. Afterwards I took the kids out for ice cream to thank them for their help. I also have a budget and stick to it. I never use credit cards and pay for everything in cash. I write down all our bills and how much they are. Some of my bills vary on cost so I guess how much they will be and then if the bill is lower then I am happy.
• United States
23 Jun 12
Sounds like you made a fun day out of it. Although you don't need to roll your change take it in a coffee can or something to the bank, they will get it counted with their machines.
• Marikina, Philippines
19 Jun 12
One is think of the consequence of what would happen to you if you spend money and not saving it. Two, always have a mind set and goals of what you want in life for the future so that you can save your money.
• United States
20 Jun 12
a lot of the time thinking isn't enough.
@dorannmwin (36620)
• United States
15 Jun 12
The single biggest tip that I can think of to be able to save money more effectively is to make a budget and to stick to it. If you deviate from your budget, then you are not going to be able to save money as effectively. Also, if you have money that comes in that you are not expecting, make sure to save at least half of that and then use the other for something for yourself. Also, don't forget to reward yourself occasionally for the hard work that you are doing to save money.
• United States
15 Jun 12
Yes, I have been wanting to do this, it is just a hard thing to do.
• United States
15 Jun 12
I made an excel spreadsheet budget of what I spend weekly. I watch closely and try to save as much as I can. Of course you have to splurge and treat yourself to something special every once and awhile but before I had the spreadsheet I would blow money on everything and anything so quickly! Now I can see exactly where my money is going and how much and I am more aware of what I am spending
• United States
15 Jun 12
Do you enter all of your purchases into it? that seems like it would take forever.
@Shazooo (296)
• Malaysia
10 Jul 12
Well, I'm not sure about you but I'm still having allowances from my parents as I'm still a student myself and my allowance is not much. My mother calculated it carefully and it is just enough for me to get lunch and tea every weekdays. So if I want to buy some other entertainment stuff, I would have to ask her for more and most of the time...it's a really tedious task so what I would do is when I get my allowance every month, I would put like 50 percent of it into a container and detain myself from using it, and the other half, I would use for lunch...there are days when I would just eat cookies at home so I wouldnt have to spend on cafe lunch. It's ridiculous but it gets the money saved :D