How to save money?

Philippines
January 6, 2007 1:09am CST
help, how to?
1 person likes this
15 responses
@klystron635 (1519)
• Philippines
14 Jan 07
This equation might help you. Total money - savings = spend. The equation states that you should prioritize saving rather than spending. Meaning, you should only spend your money on the things that you really need. You can use a piggy bank to place your extra coins or cash. You can also have a bank account where your savings is deposited and at the same time it will earn due to the interest. may i ask, why do you want to save money?
• Philippines
18 Jan 07
i must save money, every time, my payday is approaching. there were times, that i dont have money for my food during break. so disgusting! and, got a night life also.. so bad, i spend alot every night just to hangout with my friends.
@thediesel (287)
• Philippines
24 Jan 07
Determine a specific amount you will save everyday. For example, saving at least 10% of your allowance or 10% of your total pay in one payday. Make sure that you will not touch that money. Have a bank account where you can place your money for safe keeping and at the same time let your money earn interest. Place some of your savings in a time deposit where it will have higher interest rates. Having a piggy bank is also a good way of saving.
@Dolcerina (3376)
• Hungary
17 Jan 07
Do not eat :) When I was very poor (I am not reach no) I could save money too. When I received my monthly income I put away immediatelly the amount I wanted to save in the month. I accepted, that money was not available. I did it month by month. If you do the same. You can save your money too. Take my best wishes.
• Philippines
16 Jan 07
ehmmmmn...i guess i should see some tips here...lol...i mean i don't have any savings...gosh...maybe we should segregate needs and wants and we should spend our money just for the needs...
• Egypt
16 Jan 07
i don't like to save money .. i like to make my money working .. i want it always moving .. i try to make my 1$ turnes to 100$ .. etc :)
• United States
15 Jan 07
Become really concious to what you're spending your money on. Most of the time, people spend their money on things they really don't need. If you eat out less, save money out of each paycheck every month, you'll really start to see your money increase.
• Philippines
14 Jan 07
You should budget your money. You should only an amount of money a day and decide how much will you save a day. In that way, you'll be able to save a money...
@roopsimi (50)
• Australia
14 Jan 07
it is difficult to save untilyou get into a habit. so start with forming one money saving habit , like putting one dollar into a box or piggy bank every noght when u come home. follow it religiously and dont dip into it. by the end of the year u'llhave 365 dollars just from this. once this becomes a permanent habit form another one that hlps u save.
• Philippines
13 Jan 07
There are a lot of ways. First, be frugal, look for discounts when buying in groceries. If you have a stable earnings, always see to it that you save some portions, put it in a bank account.
• United States
11 Jan 07
I know of 2 great ways to save money. First is to put your change in a jar every night. This alone will save you about $500-$600 a year (or more if there are 2 of you doing this). And the other is something that my Mom does. When she gets paid, the first "bill" she pays is to herself. She takes 5% of her check and puts it into her savings account. She now has about 6 CD's by doing this.
• India
13 Jan 07
Previously Piggy Bank But now I've opened up a bank account.......
@vdeebs (65)
• India
6 Jan 07
easiest and traditional way is maintain a cute piggy bank which you think you would never like to break.
• India
11 Jan 07
i think so you have to invest in some sip skims of mutual funds by which u also got return plus u r able to save money
• Philippines
14 Jan 07
consider opening a time deposit in a bank.
@sakes14 (108)
• India
6 Jan 07
Keep a part of money separately from ur pocket money or salary watever it is as a saving on the first day wen u receive it. Think that it is not urs and u wont use it. Try not to use it unless and until it is very necessary. keep doing this every time and u ll have a nice saving.