Self discipline is one big factor to save more money

It is true that self-discipline is a big factor if one is to save money. Most of the time, we plan on how we spend our money wisely. But when we go out, we can't control our urge to spend on things, and wonder where our money is. There are many sites that devotes on how to save money, you just need to use the search engines to know them.

Well, I've always been a bit of a saver, anyway. Here are a few of my approaches: 1) My husband just got a job which pays a bit more than his old one. I intend to keep on budgeting based on the old paycheck's amount and transfer the excess to savings. 2) Anytime I pay off a bill, I 'pretend' that I'm still paying it and instead transfer the amount to savings. 3) Anytime we spend less than a certain amount on groceries, I transfer $20 to savings. For example, our typical weekly grocery amount could run anywhere from $45 to $65. On those rare occasions when it's below $45, I transfer $20 to savings. 4) In the past I've taken advantage of balance transfer offers on credit cards, provided that the card being transferred to either had no balance to begin with or was a brand new card. I am about $1000 in debt but that's down from around $1600, and the $1000 is at a zero interest rate thanks to balance transfers. Consequently, I pay about $200 in payments to that card each month to take advantage of this time when the interest sits at zero. All payments, in other words, go directly to the principal. 5) I pay for as many things as possible with a credit card that offers cash back rewards and make sure that I pay the card off each month. For example, I charge all my groceries and pay the balance in full before I am billed by the card. I get cash back ($300/year on just one card) and incur no interest charges. As far as spending - the Triple W rule is good. Like most folks, I will sometimes see a "something" which just dazzles me and most of my common sense can go out the window. What I generally ask myself is, "How am I going to feel two months from now when I have to dust the 'something' every other week?" That usually cures me quickly of any gimmes I might have.

I make it a point to stay away from purchasing products that I really don't need. I don't buy things just because of advertizing, either. Also, when I hae bought something, I ound it up to the nearest $5 (we have one and two dollar coins in Canada), and put all change from that purchase including the one and two dollar coins into a jar on my bedside stand. At the end of the month I roll all of that money, and put it into my savings account.

yes, it is indeed. in this hour of need all over the world, we should try to be more cautious i think self control is the best think. people who have enough money should not just buy the things as they can afford so. they should control the panic buying as well as all others.