5 Responses to “What are some effective ways to save money?”
December 24th, 2009 at 5:26 am
Sacrifice! $1 menus at fast food, yard/garage sales, generic foods at the grocery store, etc. Apparently you must have some money if you have a computer and are paying for the internet. Are you turning everything off when you are not home? Are you paying for cable TV? How much are you paying for a phone? go without!
December 27th, 2009 at 4:00 pm
I don’t know how old you are, but assuming you are a kid ($13/week).
THE ONLY WAY TO SAVE IS: DON’T SPEND!, and if you have to spend, maximize that dollar to go as far as it can by shopping wisely.
Surprisingly, there is much you can access/control/have for keeps just by asking and not spending. Trade an outfit with a friend. You each have something new to wear and no $ changes hands. Learn to repair/update stuff. For example, I used to shop in Walmart but look for the quality in details such as craftmanship, then update the piece with affordable pretty buttons, glitter etc to create a one-of-a-kind, affordable, quality piece. That way the outfit LOOKS like it cost way more than it did.
When you do spend, ideally use that $ to invest in something that does not eventually get flushed, tossed, or ****** up in smoke. For example, buy Burger King with that $ and it will get flushed later. But if you buy ingredients for a cake and sell the slices… Now do you see where I am going with this?
Invest in an activity that can become an income earner. Babysit, walk the dog, bake and sell cookies. Earn, Save, Spend oh so little. Earn some more, save some more, and so on.
Good luck!
January 1st, 2010 at 7:42 am
tell ya parents 2 only give ya 8 dollars a wk and keep 5 thats 20 a month saved and stop eatin american junk food eat sum grass and get a paper round
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December 22nd, 2009 at 4:24 am
don’t eat out.
maybe open a savings account and put half of your money in there before you have a chance to spend any.