The Easiest Way to Save Money!
By Morgan
@OneOfMany (12150)
United States
March 23, 2018 8:46am CST
What way is that? Don't spend it in the first place!
No, seriously. The easiest way to maintain funds and to save money is just not to spend it in the first place. I know from experience and having no debt. Granted for many years I had to live with a very narrow margin of grocery bills and only occasionally bought new clothes (I still hesitate to buy things), but it's how to save money for other things.
This lesson goes further in that you learn how to spend less on bills that you feel are necessary. You learn how to cut costs (lower your electric bill by using less power; turn your heat down to minimize heating costs; and so on). Your target goal is also to reduce your debt. Pay it off as quickly as possible by sacrificing daily items or that newest game you 'think' you need. Go debt free first.
After that, save up money to buy things you actually own. If you are making payments on something, focus on paying it off so it's yours. You don't have extra money if you are still in debt.
It's good to want to earn more, but sometimes that is a slippery slope down. If you earn more, you spend more because you have convinced yourself you deserve to. Well, don't. If you earn more, pay off what you owe, reduce costs where you can, and simply don't spend money if you don't need to.
Doing all that, you will save money so you can really move ahead.
6 people like this
4 responses
@sabtraversa (12914)
• Italy
23 Mar 18
Agreed! 
As a child, I never understood the debt thing, the fact people could "own" stuff they couldn't afford.
I was given a piggy bank, and I saw most people paying the correct amount with cash.
My thoughts haven't changed much since then.
I've always been hesitant to spend money, my parents never spoiled me.
I also lived alone with my mother for some time, and I saw how she struggled to pay the bills and she always explained why she couldn't buy me an ice-cream or a new dress.
She couldn't afford loans because she was unemployed, so she never spent more than what she had.
I sometimes wonder if my thriftiness sometimes prevents me from "enjoying life", but then I think it's just me being me, I wouldn't be happy if I went against myself, would I?
As a child, I never understood the debt thing, the fact people could "own" stuff they couldn't afford.
I was given a piggy bank, and I saw most people paying the correct amount with cash.
My thoughts haven't changed much since then.
I've always been hesitant to spend money, my parents never spoiled me.
I also lived alone with my mother for some time, and I saw how she struggled to pay the bills and she always explained why she couldn't buy me an ice-cream or a new dress.
She couldn't afford loans because she was unemployed, so she never spent more than what she had.
I sometimes wonder if my thriftiness sometimes prevents me from "enjoying life", but then I think it's just me being me, I wouldn't be happy if I went against myself, would I?3 people like this
@sabtraversa (12914)
• Italy
23 Mar 18
@OneOfMany An ex got offended when I confessed I chose the cheapest dishes at the restaurant because I wanted him to not spend too much, as he was going to pay the bill. 
A friend told him "what the heck are you complaining about? can we exchange girlfriends?" 
A friend told him "what the heck are you complaining about? can we exchange girlfriends?" 1 person likes this
@OneOfMany (12150)
• United States
23 Mar 18
@sabtraversa I always chose the cheapest dishes when someone else is paying. I feel bad otherwise!
Although, it's not always the case. When I was pulled off my day off from work, my boss told me that I could order one item from the menu (it was a restaurant) as compensation. I only wanted one, and she said "you had to have the most expensive dish?" I just shrugged. I always liked that dish because it had the best goodies on it! It wasn't because of any reason other than that.
My poor day off... well, it got me food, so I was okay with that.
1 person likes this
@OneOfMany (12150)
• United States
23 Mar 18
My father at one time called me the 'biggest miser he knows'. I also could stretch a dime really far by living frugally. I really want to make a lot of money so I can build a sustainable house with a renewable power generating system and battery backup, so I can get off the grid and live in my means. I also want a greenhouse to grow my own food.
At that time, I will be enjoying life a lot more!
I'd rather have a thrifty partner than a princess. :P
1 person likes this
@OneOfMany (12150)
• United States
23 Mar 18
I should have added clarity on it. "Save up enough money so that when you buy something, you actually own it. Rather than making payments on it." For example. I saved up money and bought a new car (well, used, but new to me). I only wrote a single check for it.
You could think of it as buying a house, as well. You buy it to own it, rather than just renting an apartment. You save money in the long run by physically owning something. If you don't, you are just contributing to your debt in the long run. After all, once you own it, you can sell it if you need to.
5 people like this
@anikoonline (3250)
• Hungary
23 Mar 18
@OneOfMany It works well in theory. But you can't save money for a house when you pay all of your money to rent a flat.
1 person likes this
@OneOfMany (12150)
• United States
23 Mar 18
@anikoonline Yes, which is why advanced planning is required before life choices. It's often too late to just jump right into it! In that case, reducing other costs is the only way to move ahead.
1 person likes this
@epiffanie (11326)
• Australia
28 Mar 18
YES!! .. I agree to all that you wrote there ..
1 person likes this
@epiffanie (11326)
• Australia
29 Mar 18
@OneOfMany Yes it is important that we share with others what benefits us..
1 person likes this
@OneOfMany (12150)
• United States
29 Mar 18
@epiffanie I have a bunch of works that I have been assembling through the years, in which it will help everyone. I just have to get them out before misfortune takes me from the stage!
It's funny, but in each of the problem scenarios and the solutions I've devised, it all points out to the same underlying problem: Politics/government.
1 person likes this
@OneOfMany (12150)
• United States
28 Mar 18
Thank you for stopping by! Hopefully I can get the message to more people eventually. :)
1 person likes this
@OneOfMany (12150)
• United States
24 Mar 18
It's a great move. You save so much money in the long run!
