Do you have a budget and what are your strategies to save?

October 28, 2016 10:37pm CST
I find that your food budget is the easiest to save on and you don't need to eat out and buy expensive foods to eat healthy. Many people will develop bad habits and actually have trouble cutting back on unnecessary expenses. I am starting to budget more carefully and find ways to save because living is getting more and more expensive with each passing day.
5 people like this
8 responses
@andriaperry (117744)
• Anniston, Alabama
29 Oct 16
I use coupons but if I buy fresh and home can it myself its even cheaper.
2 people like this
@Jenning (2016)
• Nigeria
29 Oct 16
Indeed, cutting back on unnecessary expenses is a great way to enforce a budget plan.
1 person likes this
@pumpkinjam (8348)
• United Kingdom
22 Feb 17
I have problems with budgeting because my income changes so often. I'm good at budgeting, though. I have tried to actually set out a budget but it never seems to work. I find it easier to not get too detailed with it. I'll make sure I have enough in the bank to cover the bills. I'll shop wherever I get the best value, and I'll try to save more when I have more coming in. I rarely spend money on luxuries. There are some things I can't or won't go without but I haven't had a haircut in over a year nor have I bought any new clothes other than if we've desperately needed them. I had someone talking to me about being rich, poor, or in between. She asked which I was. I said I would probably be in between. She said I seem to be able to do everything (presumably meaning I could afford to buy lunch or have day trips, etc.). I hadn't really thought about it before but I don't smoke, I very rarely drink, a lot of the hobbies I have cost little or nothing, and I don't buy many things I don't need. I don't really have any strategy to save but it's not too difficult at the moment while I have a higher income and lower outgoings. I have savings accounts, though, so I will put money into them when I can. That way, I'm less inclined to dip into it unless I have to.
@lokisdad (4231)
• United States
22 Feb 17
Budgeting is important if you don't you will eventually end up with debt that will be hard to climb out from under it. We have a budget and we are always trying to make sure to do everything we can to save by using coupons and shopping sales when possible.
• United States
22 Feb 17
I try and budget for what works best for me, what works for one , doesn't work for everyone. It is hard to say what could be not necessary for someone, when they feel differently. Agree the cost of living does go up and things are expensive including food, so just trying to live a simple life.
29 Oct 16
Everyone should have budget, be it for your own expenses or for whole family. Yo can create a simple budget by listing down all your expenses and income source. and then adjust based on your income.
@snowy22315 (155119)
• United States
29 Oct 16
Not really, I don't think I have enough money for a budget actually..I just kind of spend money as it comes in. However, one of my financial goals is to just have some money in the bank rather than spending it all every month.
@marguicha (205691)
• Chile
29 Oct 16
Cooking from scratch means big savings in my budget.