saving money

Philippines
September 12, 2008 3:22pm CST
how i can save money? its my problem because im an impulsive buyer.
7 responses
@suruchi86 (1873)
• India
14 Feb 09
I'm so sorry for coming so late. It is very important to save money in this time of economic crisis. I try to do that by making list and budget of my purchases in advance and not try to deviate from it.
@tonytt2009 (1706)
• China
18 Sep 08
The main problem on saving money is your attitude and plan of future.These're quite a lot good ways to stop your impulsive and save your money.Such as set some amount of your monthly income,say 30% and put them as the compulsive deposite into your bank account which can be easy settled in the bank;invest parts of your monthly income as the insurance(invest-link product) or other investment tools like fund;or you could just hand it up to your mother who will definitely hold them for your future usage.Good luck tiffanald!!
@pam210 (344)
• United States
13 Sep 08
Put money aside immediately from your paycheck into a savings account. I opened an account with ing direct and they automatically take out money from my checking account the day my paycheck is deposited and it goes into my savings account. I don't look at the balance and I don't think about it. Another nice thing about the account is that if I want the money I have to request it on the web and it takes a few days to go into my account. That way I can't spend it on an impulse. Once you start having money taken out of your check for your savings you start to live on what is left. Start small and then increase it over time. If you get a raise at work take a portion of it and add it to your savings.
@zykon84 (165)
• Portugal
12 Sep 08
you must put some money in other account you canĀ“t move. a part of imcome you shoul save it imediatly
@mona269 (133)
• Philippines
18 Sep 08
You have to treat your savings like the most urgent bill that you've got to pay. Before you pay for anything else you need to set aside your savings and put them into a separate account.
@Darkdevil (109)
• Bangladesh
14 Sep 08
It is too tough for a person to save money who have impulsive buying nature.so in your case first you have to check your impulsive buying nature.Because when money comes to your hand,you directly think to buy something and go to shop. so you should check yourself to got to shop and prefer going to your bank to deposit money.to get one thong you have to forget another thing.so try it.impulsive buying nature is also one kind of addiction
• United States
12 Sep 08
I used to (and to a certain degree still do) have this problem as well; I am still a bit of an impulsive buyer, but I have made sure to do it with the extra money. What I have done is to allocate a certain number of funds every paycheck to savings automatically; they go there as soon as I got paid. It might be about 5-10% of my earnings. It's not a lot, but it's something to save. The rest gets budgeted for bills and necessities. After that, I give myself the rest of the money, count it, then put whatever more I can into savings immediately, then use the rest for the extras. It goes into a high-interest savings fund, like an ING Orange account, and it just doesn't get touched.