How to Save Money
Saving money is a very important step in life that you will need to learn how to do. saving money can save you from a lot of things like losing your home, or job. follow these steps so you can to learn how to save money.
1. Remove your debt. You need to free up your money that you use on debt payments, this then can already start saving your money,
2. Set savings goals. Your going to be more incline to save if you have something to save for. small time things are easy to save for such as a new cd, phone or tv. and a more larger time goals are houses, cars, expensive jewelry.
3. Create a time frame. This will help you stay consent with you goal to say money. Setting this up by saying i want to buy a car in 12 months. or a house in 5 years.
4. Cut down you expenses. How much money are you spending on extras a month or per pay check, try to cut down on them and save the money you wou usually spend on luxuries. for example. movies, mall, shopping, going out to eat are all luxuries that you could be saving on.
5. Open a saving account. Keeping a lot of money saved up in your car or house is not a safe thing to do, even safe wont protect it. open a savings account different from your checking account (if you have one)
6. Don't give up. nobody said this was going to be easy. because it's not. but if you stay with it you will see a good looking savings account.
Category: Money
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