How do you save money?

Hi Chillpill, It's nice to hear that you are currently in a stable job and have plans to save money for some travelling. I think you have to first determine what is necessary and what is just a want for you. If you think you are able to save more money by putting more into your savings account, then put more into the account once you receive your paycheck. in this way, you can ensure that you save alot more each month and not spend on unnecessary stuff. However, i think you also should not be too hard on yourself. You needs to have some buffer so you are able to pamper yourself sometimes ;)

Hi, If I have a stable job that pays regularly and it answers my needs with lots to spare, I would arrange it to have an auto-saving system like taking out one percent of my payslip to be deposited in a trust fund or savings account. It is up to the cashier to do this so I won't be bothered every payday comes along. It would be a good idea to have this savings grow in automatic mode and as the years go by, it would add up to a nice sum of money.

It would be good to calculate how much you make monthly versus what you née to cover bills and any necessities such as gas, car payments, insurance or groceries. When you see what you have left choose a resonable amout you can set aside and try not to withdraw after you put it in savings.

oh my god this topic is definetely my specific favouble topic i want to talk about, yeah i too in stable job but for me i don't consider it stable as anytime i can get fire by my boss. so here is what i do with my money, hope not scare you away when you listen to my money plan. when i get my paycheck i will honestly save 90%, why i can save that much? coz i don't like to spend like crazy, yes i know i still young need to enjoy but for me it is a time to build up my investment plan that can create passive income for me. i have a eye for several good REIT in my country that i can get passive income ever 6 month and that is more than fixed deposit. so is time for me to study them real serious for expense i need to pay for internet broadband, eat and drink. while transport to work i just need to ride my bike everyday, i can say that i have save more than 130 plus ringgit or in dollar. i don't need to spend for my girl coz i don't have the girl.................hahaha jerk right

in these days i cant save my money because i cant earn good,but if you can earn good and generally if you have a good salary ,you can buy grams of gold.its a good trading for the future, if you keep gold and then sell it after 2 3 years later,its a good income, if i have chance i am thinking of doing this for my future happy mylotting

saving is a good habit to have because it makes you feel safe for your future. but as far as savings goes dont put all your money in a single saving scheme, it is always better to diversify your savings. like invest some money in bank, in land, gold, shares etc. dont always invest all your money in a single saving scheme as its dangerous and not advisable

I took my money out of my ISA savings account because the interest was so low. I opened a one year high interest savings account. I pay into it every 27th of the month. In November I will have saved the total amount allowed. I suggest you save 100 pounds a month and don't touch that money whilst it is building up. Good luck.

Hi, chillpill: If the individual has a steady job, and wants to preserve part of the salary, it needs time to him, in the future. The steps are: Write a special budget for your expenses expenses during the month, which include the necessary requirements, and try to stay away from unnecessary things. Try to be a budget within the basic salary Try to keep any amount of money you get, as a bonus especially on your basic salary If possible, try to deduct part of your basic salary for the time needed

When I was working and getting money from my student loans I would put some of the money into a savings account. Now that I am not working I put my lose change into my kitty bank and when it gets full I put the coins into my savings account. I am also saving money in my paypal account which will go towards the materials I will need in order to get my online business going. I am hoping once I get my online business going I will be able to put more money aside.

I think it depends on the individual. I would definitely put an amount in the savings account every month shortly after my payment check arrived. But if you can be very organised and save money and put them in the account often, then this solution would also work for you. The best skill is to be able to estimate the correct amount that you would like to save every month. Don't put too much because then you will have to cut a lot of things that you should buy in your everyday life and you will feel like going back to the bank and withdraw some of the savings. On the other hand, if you save less than you should, you might not have the money for your holidays on september. Therefore I think it would be nice to write down your monthly expenses very carefully before you make a saving plan, in order to be as accurate as possible!

How to save money is very important in our daily life.Learn to master money can make them get reasonable use.You're so lucky can get a stable job.first,you can calculate roughly the cost at most in each month.After receiving your paycheck,you can divide them into two parts,one part for your daily expenses,the other one for your saving account.As time goes by, your can get a amount of money which can afford to your holiday.