How do you make savings for the future?

that was the formula before 80's sorry but it will not work anymore in this generation..as financial teachers says. "savers are losers"...why?..as you can see..the money now is called currency? why? because as we all know current flows..it means the value of money is changing..its either high or low value..example.. the 1 dollar is 43 peso..have you notice before you can buy 500 dollars per gram and now the price is 1600 per gram...so why save?...the thing is.. dont save but let your money flow like a water current..invest your money..buy gold or oil,or things that prices will go up!..the value of money will not go up..its is the prices of goods that goes up..so save goods like gold silver oil,make business,let money grow, instead of saving it. you have now an idea if you will save money or not.

i heard this from a seminar/talk by a couple who've experience how to lose everything. This is how to spend and save at the same time. Your earnings should be divided 10-20-70 10% goes to your tithes, 20% goes to savings and 70% goes to expenditure. Why must tithes be part of the equation, because it is written in the Bible, seek ye first the kingdom of God and all these things shall be added unto you. Seeking God first is the channel to blessing, and also because God ask us to trust Him and this is by giving back the 10%. 20% should be saved so you have future expenses like for emergencies, for your child's future and so on... 70% should be the limit of your expenditure, limit that 70% in your day to day expenses, cut down the budget if you have to. And also remember before you save up, you should have a right motivation and ask God to lead and help you in the way. God bless (",)

Right now, we are living off of my husband's income and using my income to pay for groceries and to save. So we do manage to save some each year now. This is only the second year we've been able to do this because we spent a lot of time paying off debt.

Hi what I do I Pay my self first then I pay my bills.I Look at my gross income Take 5% out treat lt Like a tax money goes in Bank and does not get touch I cut down on shopping To cut the cable out Get free dvd at the libary.

Savings means just lead a simple life. Just make yourself how you want to live and earn by your passion to live. Its all by one's own life leading. Example 10 members family with 1 or 2 people earning means now a day's nothing to save. Part of anybody's earning should be divided into number of parts example: Emergency fund, health fund, family expenses fund, small savings in bank fixed deposits.... etc.. goes on...

my way of saving money is this..this is the formula most of us think of the expenses first then if theres money left thats going to be our savings but a friend told me to do it vice versa savings first then expenses in that way we would be able to discpline ourselves from overspending.

I chalk out a budget for every month. If I cannot firmly stick to it that is if my expenditure for any particular month exceeds the planned one, I try to compensate it in the next month so that at the end of each year, I can fulfill my target of saving.

i'm a student now,so i haven't to worry about those stuff.the only thing confused me is the job! god,something like i will graduted tomorrow....