Mirelle D.
How?
How?
Honestly I use various apps to earn some side money along with any cash back rewards from credit cards to invest in the stock market. This is how I initially started and with time and effort it has grown considerably.
I have a weekly and monthly budget. Best way is to see all the expenses you are spending.
I use a monthly budget and allocate a set amount of money to savings.
I have a monthly budget with categories for both savings and sinking funds. I set a goal amount for my saving each year as a part of the budget. My savings are automated which means I never see the money so I do not miss it.
Wow that's are a good ideas
Two ways for me right now is
1) Same here @ Elena B. , having a recurring, automated set amount to savings has been a big help.
2) I find one thing in my groceries each week that has an equivalent, good quality store/related brand item for less $, saving the difference.
Every bit helps.
Its hard to save when you have stuff come up that wasn't there the week before and what is the best app to use for budgeting i can't find one at all. Can someone help me please, thank you
Smartypig for a high yield savings account and add reoccurring deposits.
Any extra money I have goes to savings
Many elderly people need help with cleaning, errands and home repairs.
If you are able it is a good way to earn extra money
Take online $ earned from surveys and put right into a savings account.
First you must find your motivation. Next you must control your spending. Create a plan that includes every conceivable expense you may have and start building toward each one.
I use different survey sites and it really does add up
I save every month
I started by getting a jar and saving all my change from the end of the day in there. Then I would count it and deposit it in a high yield savings or money market account in the bank.
Best way to save
Auto-deposit to savings. I have it scheduled just like auto-pay on a bill. I don't have to think about it and my savings account keeps growing!
I put money in my chime and it rounds change .
I setup automatic deposits. I have also tried the 52-week savings challenge. I started with saving $1 and each week would add a dollar to the previous week's savings. Once a month I would deposit the monies saved into the bank.
Thank you for the information
Here are 4 ways your money can be invested to have your money work for you to generate more money.
1.) High Yield Savings Account, also called HYSA, is a way to have your money work for you and generate more money.
– I suggest 'Varo Bank' as a bank to consider for yielding the highest profit from your saved money.
2.) High Annual Percentage Yield, also called APY, Certificate of Deposit, also called CD, is a way to have your money work for you and generate more money.
– Examples of High APY CD credit unions:
Started paying myself first. These last few months I’ve been taking 10% of my paycheck and moving it into a savings account. I just recently added a weekly $5 to my savings plan. In a few short months, I have about the same amount in savings that I’ve been investing with Acorns for more than a year. I should have been saving a long time ago.
I put a little bit away each month
These are all great ideas. Christmas took my savings but I’m hoping to build it back up ASAP!