Start saving this new year!

Philippines
January 15, 2007 1:49am CST
it's the start of the year.don't you think it's time for you to save your own? how long can you keep the habit of saving? i tend to spend the money i saved when i ran out of cash. how can i -not --touch the money that has been saved?
3 people like this
4 responses
• Ukraine
15 Jan 07
I usually can't save money, because I tend to run out of them before getting my next payment. But after I get a new job (which I hope will be paid good) I'll start to save and maybe put the money in a separate bank account or something to prevent spending it on something stupid :)
@marcky (77)
• Philippines
15 Jan 07
Any tips in saving money for this year?
• Philippines
15 Jan 07
get a time deposit account. in that way, you don't get to withdraw it at once. it will take a year before you can do that.
• United States
16 Jan 07
Oddly enough after my divorce my spending habits changed so much. I had lived in a situation where the ex never paid bills, we never had money, it was just weird. Now, I pay all my bills and whatever is left immediately goes into a savings account. Unfortunately, with raising 3 teens it doesn't stay there long but at least I have it to go to when needed. Good luck on saving!
• Philippines
11 Feb 07
i do hope we would be in the habit of saving because it is really very difficult to do that. good luck on our saving!!
@wmg2006 (5383)
• United States
16 Jan 07
It is a very hard thing to do. I have started so many savings to end up using the money because I really did not make enough to save anyway. I started last year after I paid a bill off that was costing $100.00 a week. once I paid that bill off I started taking this $100.00 and putting it in a lock box. It has grown to a LOT of money now. I will continue to save this forever. I am now going to be able to go on a very nice trip to see my son who is in Germany and I am in the USA. You have to find a way that will work. Start small just $5.00 a week and as you pay off bills add that amount to the savings. Lock the money away and forget about it.
• Philippines
16 Jan 07
wow.that's a good idea. putting some of it in a lock box! sure your money will grow into such amount. if it works for you, i think it'll work for everybody too.
• United States
15 Jan 07
it is so hard to save on a fixed income. I have to place a few money orders aside and it helps. I am saving now for a big move. Just get a money order put it a side,signed out to you. This is if you have an acct you can deposit it into when ready.
• Philippines
15 Jan 07
that is true.it's very hard to save on a fixed income. but you can get away with it. what i do is save on a hundred peso(our currency) each day. you'll never know, it grows up to the amount you want and you will be surprised!