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How to Pay yourself 1st. & Save Money
Saving Money is always a hard task to do, but now a days it's mandatory that we do it. The Economy as we all know is screwed up so saving today for the future and for those emergency times is what we all should do. Rent/Mortgage, Groceries, Gas prices, Clothes, Electric, Heating bills, Cell Phones, and many other things have went up so we need to learn how to save money while paying our self 1st.
Steps 1. If you have an Saving Account Have your Bank deposit a certain amount into a checking Account in your name and don't touch it. If you don't have an account you can always save $50-$100.00 a month by putting it in a Box Or a Jar. Any loose change you have save that as well. Don't have any accounts you can purchase prepaid debit cards or search online for free ones?
2. When going Grocery Shopping make a list, cut out Coupons, look for sales, compare prices at other stores online, get only what you need, and stick to your list, and always eat before leaving home. Some tend to buy up everything in the store if ya don't.
3. Next Car pool if you need to go out try to get a ride with family or friends. Save on gas prices as best you can if going out isn't important try to stay home. Need to pick up the kids from School try letting them catch the school bus with friends instead, or let them get a ride with neighbors kids.
4. Cut off lights and any Electric items that are not been used at home. Unplug the Computer, Lamps, T.V. These things will continue to go up even after you switch them off. It might be a pain to keep unplugging and plugging back up but watch how much you'll save.
Downgrade instead of upgrading if you have a home phone & cell phone figure out which one you use the most & get rid of one. If you have Cable, Satellite, Direct Tv, Switch to the basics or just have regular t.v.
Tips: Don't spend just because you can, because you never know your circumstances might change. Try to save as much as you can.
Warnings: Never put yourself in harms way if you can't save this month try next month. Try a little at a time.
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Very cool, great tips. I need to start saving more money so this is helpful
ReplyDeleteNo problem Em save what ya can, a penny saved is a penny earned.
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