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re: What's your biggest money saving tip?

Posted on 11/9/18 at 5:56 am to
Posted by stelly1025
Lafayette
Member since May 2012
8551 posts
Posted on 11/9/18 at 5:56 am to
Start small, whatever you can put away each pay check and not notice do it. I recommend transferring 100 each payday to your savings. If you can do more great if you can do less still not bad too. You would be surprised at how fast it adds up. Also cut out unnecessary spending like eating out alot, learning to cook isn't that hard. If you like to go out and drink consume a few at home before you go out so you are not spending more for alcohol. Keep credit cards to a minimum, if you are in debt pay them off and if you use them try to pay them off monthly or not use it for another purchase until your last purchase is paid off. Contribute to a retirement such as a 401K especially if your employer matches, roth ira, traditional or some other investment. Don't buy a brand new or ridiculously expensive vehicle. Most of it comes down to smart decisions and not doing stupid shite with your money.
Posted by BurningHeart
Member since Jan 2017
9540 posts
Posted on 11/9/18 at 6:27 am to
quote:

Start small, whatever you can put away each pay check and not notice do it. I recommend transferring 100 each payday to your savings. If you can do more great if you can do less still not bad too. You would be surprised at how fast it adds up. Also cut out unnecessary spending like eating out alot, learning to cook isn't that hard. If you like to go out and drink consume a few at home before you go out so you are not spending more for alcohol. Keep credit cards to a minimum, if you are in debt pay them off and if you use them try to pay them off monthly or not use it for another purchase until your last purchase is paid off. Contribute to a retirement such as a 401K especially if your employer matches, roth ira, traditional or some other investment. Don't buy a brand new or ridiculously expensive vehicle. Most of it comes down to smart decisions and not doing stupid shite with your money.



Posted by LouisianaLady
Member since Mar 2009
81303 posts
Posted on 11/9/18 at 3:50 pm to
quote:

If you like to go out and drink consume a few at home before you go out so you are not spending more for alcohol.


I keep saying.. What’s funny is all of us did this in our college years because we were underage to drink once in the bar, but we never do it now.
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