money

You have to have a list of priorities. What do you want in life? do you want to work all your life? ehhe.. It's good that you already want to save but you should know that saving entails discipline. Since you are a starter, why don't you try saving little by little, like at least let's say 10-20% of what you earn. Just save it up. Then the rest you can spend and pay your bills. If you can do that constantly for a month or so, tell me and I'll tell you what to do next.

I think the best way to save money is to live on a budget. Put your earnings in the bank and DO NOT use a debit card, cash only! When you use cash and have to go the bank to withdraw funds, it is easier to save because you are set on buying what you need, not what you want. But with a debit card, it is so much easier to loose sight of what you need when you can get all you want, with just a swipe of a card. I hope this woks out for you, oh yeah…if you have a lot of stuff, consider having a garage sale to get rid of unused, unwanted items to make more money for you to save!

Hi, My advice to you is to spend less than you earn. Try to spend as minimum as possible. Don't buy those things that you want but buy those things that you need. Personally, I will control myself to spend less money in order to save more money. I will not go to places like Starbucks to have coffee because it is really expensive. I will go to normal coffee shops to have coffee. Then, I will reduce the number of times going to watch movie in cinema, I only go twice a month. I will set 10% of my earning as my saving and another 10% for investment like mutual fund and stocks. In total, I will have 20% from my earning going to saving. 80% of my earning will go for living expenses, if I have extra from living expenses, I will save it too. Anyway, everyone has different financial status. You need to manage it well and try to set certain target of saving to reach within a year. You might want to set $5000.00 per year as saving for year 2008. So, write out a plan for it. Follow your plan and you will reach it easily. One of the way to save some money is to make extra money. You can make extra money from myLot. So, every month, you will get $10.00 or more from myLot. Keep it in your saving and after a year, you will have $120.00 in saving. If the interest added up, you will have more. You could join other money making programs too. I hope you will have an idea to save some money and I hope my response help you. Best of luck.

You should try to save as much as you feel like. Do you want to buy a new TV or something..?