- Set goals: Saving money now for use in the future gets easier if you know what you want and how much you'll need.
Ex: If you want to buy a $500 item within the next year, plan to save $50 a month for 10 months, which is just $12.50 a week.
- Have a strategy for saving money: Every time you receive money (from your allowance, a gift, a summer job, etc.} try to automatically put some of it into savings instead of spending it. Even if it is just 5 bucks.
- Cut Back: Instead of spending money on lunch every day try to take your lunch 2 or 3 days a week. This way you have about $10 extra every week that you can save for various activities or items such as an ipod or a car. Also buying snacks and other miscellaneous items adds up to major money so try to keep these spendings down.
-Posted by Shonte'
No comments:
Post a Comment