ANSWERS: 14
  • DON'T SPEND IT
  • One simple thing that I always do is that I pick up any spare change on the ground from just about any place I go. Save it up and don't put it to waste. After serveral months, you may have so much coins to count that it adds up more than you think. It may not be a HUGE amount, but hey, at least it gives you the practice to save money and believe me, it will help.
  • Best way to save money is to look at what you are spending money on. Then sit down and think about what on that list you can avoid. For example if you are buying Large coffee from Starbucks but never finish it or can go without, cutting back or totally eliminating that expense would save few dollars a day. Small cuts make a huge difference in long run.. remember that :)
  • Try to eat at home as much as you can. Eating out is expensive. Try to have fun at home, rent movies instead of going to the movie theater. Shop only what you need and do it in a single trip, from point A to point B and back home. A shopping mall helps for that purpose. Saves gas and helps the environment too. Buy Supermarket or Store brands instead of the big brand names. You are paying for the tv, magazine, newspaper, TV and radio ads...
  • Cut back on or limit spending on entertainment (going to movies, going out to dinner, etc.) Deduct a small percentage of your paycheck and deposit it into a savings account for it to gain interest. Try to pay with cash instead of credit cards to avoid finance charges in the future. Recycle, some places offer money for recycling (every little bit helps).
  • Stay single..lol
  • geico!!! lol...i just saved a bunch of money of my car insurance by switching to geico
  • If your company provide flexible spending account (FSA), and you know you are going to spend money on prescription drug, dentist surgery or Lasik surgery, then you should definitely look into this option. Why use post-tax money when you can use pre-tax money? Also, if your yearly salary is on the border line of tax bracket, contribute some to 401K to lower your gross income so your tax % will be lower. ;)
  • When you go out shopping, to the movies, out to eat, etc, only bring a certain amount of money. Try to leave your credit cards at home. That way, you can only spend the amount in your wallet, and you won't overspend.
  • Anytime you have just a little extra, put it in the bank and forget about it......... Act like you don't even have it.
  • Tell someone your savings plan and have them ask you each pay how it is going...guilt will help you save
  • Spend as little as you can and have an arrangement with the bank to remove all extras into a savings account each month if you have regular savings you get a better interest reate. Pay for everything on a credit card. PAY IT ALL OFF at the correct date of each month, this gives you an extra six weeks of INTEREST in your bank account and not in somebody elses. This interest adds up over the years i have never paid one penny in interest to credit cards and it is a good way of saving
  • One good way is to spend cash instead of using an ATM card...it somehow keeps you more accountable for what you're spending. Also, if you do that, you can hang on to all your spare change. Even if the cost of something is like $4.02 and you have two pennies, get the $0.98 back and put it in a piggy bank of some sort. My husband and I have a big plastic bank that we just put all our change in at the end of the day, just empty our pockets. And at the end of the week, put whatever you can afford into the bank, too...a couple bucks, a five, even a twenty...you'd be amazed how quickly that adds up. Another thing to consider is setting up an automatic withdrawl from your checking account to go directly into a savings account. Even 10 bucks a week. It is a great way to save up some extra money, and if you don't have to physically move it yourself, you don't have to remember it and it somehow makes it less painful to do, lol, probably because you don't see it happen. Clip coupons, shop sales and buy generic! We get the Sunday paper every week and clip as many coupons as we'll use. In a $150 grocery trip we usually save at least $20 with coupons. And I don't know how it is there, but here in MN grocery stores (and places like Target or Walmart) will accept expired manufacturer's coupons (not the ones that are specific to a store, though) for at least a couple of months after the expiration date. Also if we can't get coupons for something that we need, you can get stuff that is just as good (most of the time) as the name brand stuff that can cost anywhere from a few cents to several dollars more. It's best to experiment with your tastes, and you might get some junk once in a while, but for the most part store brands are pretty good. Oh and don't eat out. It might seem inexpensive at the time to grab some fast food (hey, five bucks for both of us to eat!), but in the long run it adds up something awful. Also, don't throw out leftovers...I don't know if you are, but some people are leftover snobs and just toss whatever they don't eat in the first sitting. But with most things, if you reheat them in the oven instead of the microwave, it takes a little longer but ends up being just as good as the first time around. Good luck, hope I've been helpful :)
  • Save your pennies.

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