Do you have a saving strategy?

I found the best way for me to save is to keep the money in my paypal account. I do save money little at a time. I also put things on layaway if it can be put on layaway and pay for it that way. I have a single speed bike on layaway right now still owe $92.72 of the origional $142.98 but I am hoping to get it out by July. One way I save is not tell my hubby I have it then I can keep it and it will add up after awhile. I have a little Money box that has a combination lock on it that only I know the numbers to. I am saving for a DVD Burner next.

Other than our monthly savings, Angel the easiest way for me to save money that does not have to be accounted for is my online ventures in paypal. or I cut some of the other things that get spent frivolously. Maybe I can buy a cheaper shampoo, or make cheaper meals for a week or two. My family never really knows when I have cut corners, its all good to them. I always find a way to get something I really want or need.

A while back we were having a hard time financially. My husband is a big time spender, so when he wants something...he baught it. So that was hurting us bad. Finally I took over everything, all the bill paying, grocery shoppping...whatever it may be that dealt with the money. What Ive started doing is putting so much money in the bank and keeping the rest in cash. I have hidden the checks and the bank cards so that he cant find them and he gets cash to keep in his wallet that will last him throughout the week. What I do with the rest of the cash is put that in envelopes. I have made and envelope for every bill that we have. Every payday I put cash in to each envelope. When I get a bill in the mail, I take the cash that day and I get a money order and pay it. This has helped us tremendously, we dont have late bills anymore. ANd we usually have extra money for those little things that we want but dont need.

The money I make online stays in my paypal account. Usually I try to put money away in my account too. Of course that usually never works lol. Though it is nice to have a small store of cash tucked away in a container in my room. Usually it's a few cents or bucks here and there but it adds up after a while.

At the moment I am saving all the coins I have at the end of the day/week. Since I have stopped working I don't have money which I can use to buy extras like a magazine or book or a CD. The coins are what I use to get these things. There is also money which I would have used to buy my morning coffee. Mostly I'm saving this for my husband's gift this Christmas. Aside from this I put my money in a savings account with the highest interest rate. It gives me a bonus interest whenever I put in $50 a month and not withdraw anything.

Well it depends on your earnings. Can you set aside $5-$10 weekly. If you can that is what I would do. Things that I dont need right now, I would pass it up, and save every penny until I can buy the thing that I want. You are right make a plan and stick to it until you can accompish what it is you want. Good luck.

I make a habit to buy only when i really in need of the particular item . Dont buy them if you feel just like to buy but buy only when you feel right to buy... That's is should be my saving strategy... Thus, there is no need to put a limit of dollars you should spend in certain time frame / month or year if you already know how to spend wisely .... :D

I am not very good in saving money! But, when I like to buy something, I will try to deposit my savings in the bank because if it's in me or in my wallet, it will always vanish! I will always use it for some reason! When I was single, I use to ask my sister to keep it for me until it is ready to buy for what I really want or need! LOL!, now, I am trying to develop self-discipline within myself in my money!

At the moment I have no saving strategy in place as we're using every penny day to day. I used to have a seperate account set up though, which I'd empty my current account into at the end of each month. So I'd be really careful all month, and then anything extra would go into savings. I also used to pay any odd extra bits of earning into it, so things like online earnings, eBay sales, that sort of things. It soon mounted up, even if I was only to add a little bit at a time. If it's only $50 that you need, how about choosing something that you could do without or replace witha cheaper version, and put aside what you'd save. If you spend $5 a day on lunch for instance (just an example), then you'll save up $50 over two work weeks if you pack lunch yourself from things you already have at home. Or save your loose change, or sell a few things on eBay. Definately, whatever you do, put the money away somewhere safe otherwise you might be tempted to dip into it before you reach your target!

When I first started saveing up it was to get an apartment which I've gotten and had for shy of 5 years now. I'm now saveing up to get my own house. I believe w/ all my hard earned money and long hours from work and simple online survey I get paid for I shall achieve that quick. I will say it's not easy to save but w/ my checking,saveings,and my paypal all combined I should get it w/ in 3 to 4 years from now. If you want something bad enough you will save til you get it and a house is what I want next.

As a mom, I do a lot of savings at home from electric & water consumption to saving money. I've been doing these for the past five years: I'm maintaining two piggy-banks for my P5 & P10 coins. My P5 piggy-bank would contain P7,000 when full and I can open two piggies of 5's a year, so it's really a savings. The same with my P10 coins, my piggy would contain P10,000 and I can only make one full a year since P10 coins have limited circulations. Eventhough, I still feel fulfilled everytime I make them full and deposit them to the bank. I really enjoyed doing this for the past years because it seems that you will just forget that you have savings already.

Hello i have worked as professor for more than 40 years , am retired now, i had saved regularly, they were made fixed deposits in various banks, i earn interst regularly on that...i am happy with it Thanks for sharing. Welcome always. Cheers.

Yes, of course. This is the best way to achieve the things you want, without spending beyond your means. The main thing is to remember to be patient, and to work constantly towards the goal, and not give up when you feel like it is going too slowly. Good luck with your savings!

I actually save all the time (smaller amounts when I do not have a specific goal), even if I don't know exactly what I am saving for, because let's face it: I'll always need money. This makes it easier if I do want something specific or do need to reach a goal, then I already have part of the money ready for it.

I have a plan for saving money and strategy for a long time and want to buy many things.To complite my strategy I need to earn more mony.