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Save up money

I seem to be living off what I earn . I find it hard to save up any amount . Any tips?


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Gregper, great question!

 

This one has been covered in a Q&A I and a few others responded to!

 

Your question is good because everyone in many periods of time want to do better, and have their income exceed their outgoing at all times.  If you get a chance, read the book Art of Money Getting by P T Barnum.  It is available for free in digital form at gutenberg.org

 

 

Posted 2 years ago
JtotheA was invited by Yedda to answer this question.

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881 helpful answers

The journey to an improved lifestyle begins with the first step.

Confident Lifestyle 

Confident Lifestyle Blog 

Tiptop Server 

 

A good way to start is by setting up a budget and sticking to it.

Here is a free publication that will cover setting one up:

http://confidentlifestyle.com/Documents/family_budget.pdf

It is also important to "Pay Yourself" by simply opening a savings account and not getting an atm card, deposit a set amount from each pay check into this account. Without the atm card it will be tougher for you to access.

If your employer offers an 401k or IRA plan take advantage of it. This is money that you will not see when you cash your checks and again it is tougher for you to spend it.

 

Good luck and best wishes. 

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Make more, there are dozens of ways both online and offline! C my blog.

 

Not only should you budget your money, but you should be more energy efficient. You will be amazed what your electricity bill will be when you switch off the lights you don't need on, or turn off the appliances you are not using at the moment. Try it out and see what it can do for you. http://geothermalexpert.net/index.html has a few other ways of saving.

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