How to save money?

Philippines
December 14, 2006 5:15am CST
Do say to yourself that you will save money this month and still end spending it all and putting no savings at all in the Bank? How can one really save money?
2 people like this
10 responses
• India
14 Dec 06
use the money only for the needed once and dont waste it so that it can be saved.
1 person likes this
• Philippines
14 Dec 06
Ive'd tried all the things on how i can save but still nothing happens. i hope i can get real strategy on how i can save. HELP!
• Philippines
20 Dec 06
yes. i know! it's easier said than done...... i need instructions on how to do it and how to do it as an attitude.
@cr1st1nel (3564)
• Romania
20 Dec 06
Well i just put them in one place and abtain myself from spending them. Another method is to give them to anyone else and let him keep for you! Good luck!
1 person likes this
• Philippines
23 Jan 07
cool suggestion..... but would that to risky. coz i always believe i the phrase "u cant trust anyone in this world". what if the person became very needy and needs to have money, im very sure that she or he will spend your money./
@redhacker (192)
• India
17 Dec 06
Do'nt spend more than your target. Spare some cash and put in a savings account or deduct some amount directly from salary account for a subscription to a insurance police, systematic investment, etc.
• Philippines
20 Dec 06
yes as what i said, how! ..... im earning big with my present company and tried very hard on how to save but still nothing happens.
• United Arab Emirates
5 Feb 07
You can save money by means of the following: Foodtrip in travelling, throw a few light weight snacks (candies, cereals, chalkers) into your luggage. The same items will cost several times more from the airport or hotel plus, everytime you eat them, you make more room for souvenirs. Take Freebies, like free breakfast delivery. Hotels pride themselves in giving their customers special freebies, so make the most of it. Just double check that these treats are free.
@payatot (37)
• Philippines
4 Feb 07
i used to be a big spender. i've taken a few part time jobs and though its just a small amount, for a student it's quite a lot. after three pat time jobs and no savings at all. i decided to start saving so i don't have to ask money from my folks when i go out with friends. i got myself another part time job last november and started saving in a bank. my rule of thumb is that i'm only to spend 1/4 or less of whatever i earn for a month. then 3/4 i deposit it immediately to the bank. my advice on saving money. aniticipate all your expenses and cut down on those that are very unnecessary. say, limit you party/bar hopping to twice a month instead of every week. also, you can make your own sandwich for breakfast instead of buying from the canteen. in going to the mall, don't bring all your cash with you. you might end up spending all of them. in going to the grocery, make a list of the all the things that you need, if possible go for the products with discount.it may seem a little deed but it'll help you save all that penny nonetheless.
@jrlcentral (2601)
• Roxas, Philippines
9 Oct 15
What I had been practicing for a for a few years now is, every time I receive my salary, I set aside a small portion of it for my savings. usually 10-20 percent. I'm aiming to have a steady savings of 20%. Then I invested a part of my savings into the stock market. A part I leave in the bank in case of emergencies
@madonna143 (1737)
• Philippines
14 Dec 06
Well I think that one should try to discipline himself when it comes to you can't increase your earnings thenmoney. You should run a budget for yourself and don't spend money more than you earn. You should live within your means and not try to live beyond your earnings. If you want to live that way then you should increase your earnings. If you can't increase your earnings then don't spend more than it. You must try forced savings where you are obligated to put in money every month for future use or retirement.
@clickerz (471)
• Philippines
20 Dec 06
Open a bank account and dont spend too much on unnecessaty things.The doo-dads as what kiyosaki calls it.
@amitheone (274)
• Philippines
26 Dec 06
Hi there zildjion. The best way to make your money grow is not to save it. That is to say, all your savings should be put to investments like time deposits. If you have US$1,000 and you negotiate with your bank for 5% per annum net, you'll receive US$50/year. Another way is to start up your own business that you think will sell. The key here is to live below your means. You need to give up things. If you are married, do not let your wife stay in the house, let her work. If you are renting, share your house with someone so that you'll pay only half.
@ronita34 (3922)
• Canada
4 Feb 07
I am with you on this one! I for one also have a very hard time when it comes to saving money although i know that i really do need to!