J
Jennifer P.
Help me become better at saving
Money 101
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Help me become better at saving
Start with saving change after purchases. Also if you are working, setup direct deposit into a savings account an amount that you can afford (no matter how small).
Automate your savings through either direct deposit or reoccurring transfers. Even if you start out small such as $25 dollars a paycheck the money can quickly add up. Also increasing your savings whenever you get raises or free up income will help.
Whenever I break a bill larger than a $1 I keep all the singles and save them. I put them in a large fish bowl. It has been adding up quick.
We save all of our quarters and put them in a tin. It seems like before we know it we have saved $500
Doing an automatic withdrawal from your check right into a savings account is the best way to go.Even if it's just $5 or $10 to start off the money adds up over time. You will never miss it and you'll be happy you did it.
I agree with Debby T. Setting up an automatic withdrawal of a small amount is the best way to start. That way it is not a large amount that you have to plan your budgeting around. And it will add up over time.
Stash is a good way to start a little at a time
Acorns is good
I have a hard time saving because when my checking is low I have to transfer my savings over. So im saving in PayPal instead of my account linked to my bank. Working a little better
I just started using Acorns they take $5 out my check every week (you can have them take more if you want) $5 was just my choice plus they round your change off to the next dollar also. This is my first time doing this.
Melodie that's a good idea. I'm gonna start that also.
Don't spend any money on anything.
Automatic your paycheck to a designated savings account and also creating a monthly budget
I stay at home more and when I go somewhere in expectingly I won't take any money cash and cards.
First of all by having a budget and taking control of you income.
I am working on my credit.
Formulate a plan and execute
My bank has a goal setter acct option. Basically you can transfer money in but to take it out you have to go to the bank. So no impulse withdraws.
I have more bills then money
We've been saving any and all change. We haven't counted it yet but I'm guessing it's around 7-800$ and I also do alot of surveys !
Work on reducing expenses and increasing income.
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Start by creating a monthly budget.
Teaser a budget ,write out bills and expenses every month and stick to it. You have to hold yourself accountable.