Credit Card Forums

[CowAdmin]

How do you save money? Or, if you have debt, do you even try to save money at this point?

One of the ways I've been saving money is with a coin jar. Every coin I get, I put in a jar. Once a month, I take that money to the bank and have it deposited directly into my savings acount - which I do not touch! It is slow, but at least my savings is growing.

[jnjblogger]

I pay myself first. When I get a check, I take 5% off the top and put that amount into a savings account. If I don't put money in savings right away, I end up spending it. I find that if I save it right away, I don't even miss it.

[ManilaGurL]

I used to have a coin jar when I was a kid. Now what I do is just I simply control myself from buying unnecessary things. Usually it's just a self discipline for me. Sometimes I even skip a meal if I really need to save for something.

[gscs]

I would have a seperate bank account for me. This bank saving account is purposely for my saving purpose. I will put a portion of my monthly salary into this private saving account.

[CowAdmin]

Online banking is a popular option these days, though make sure the bank is FDIC insured, or if the bank goes belly up your money and savings could be gone.

[ValleyMan]

I excersice self-control. I just refuse to spend on things that I really dont need. Thats the only way I save

[MasterKard]

In order to save money, aside from making a budget for myself, I tend to put expensive items I plan to buy on hold. And then I carefully research where I can find that item for the cheapest price, whether it's on or offline. Then I take the next step and buy it. That way I can still get it, but I save a few $. If you just go ahead and buy it, you don't save as much $, and that money saved can be used to buy other things. I also check the weekly specials to see if there's anything on sale that I might need or might need within the near future.

[ManilaGurL]

I am thinking of opening a bank account soon. I really think it is a nice way of saving money since I'll be lazy enough to go to the bank or ATM to withdraw some.

[MasterKard]

As ManilaGurL said, a bank is also a good way to save money. You put all that spare cash that you have left there. And after a while it will pile up, and so will the interest (hopefully) and when you need to make a big purchase you can use that money. Or in a case of an emergency you can rely on that money.

[geb9696]

I take a certain amount of every pay check that I get and put it into my investing account. This is my that I do not take out and I am investing in the stock market. Then at the end of the month if I have any extra money I put that into my investing account.