Man, I hardly have any bills just school books, my phone, and a few utility bills of the house here and there. Are any of you good money savers? Not me I remember killing 3200 in less than 2 months just on partying, buying shit I didn't need and what not. Recently I had about 2100 and it's all gone from nothing, that was my money to fix up this 84 regal on 14s and switches. What's your best method of conserving money, especially for a person who almost pays nothing.
Your Best method of cutting down Money Consumption?
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Keep track of your expenses, anything not related to bills or basic groceries I count as a miscellaneous/unneeded expense and usually keep it under $200 a month. When you see yourself constantly spending $500 in that area you can start to focus more. I also deposit as much as I can from my paychecks to my savings, leaving just enough to live on for the month.
Eating out is the worst. I have to stop doing that. its not so much that i want to go out, im just busy with school and work all the time that i get lazy about going shopping for food. And i know this may seem simple, but just always try to save at least 50-100 bucks a paycheck, or anything really, in your savings account or even in a shoebox (but dont pull it out on Hood2Hood). U wont think its that much money each time, or in total, so u wont look at it, and after a while, it does add up.
i work to enjoy the fruits of my labor. meaning, my paycheck is mine to spend, on whatever the fuck i want.
sometimes i fuck it off, sometimes i dont..but all in all i have a growing amount of things i wouldnt have had, had i not spent money
if you like to spend, fuck it..
right now i just take a chunk of my paycheck and keep it seperate from my spending money
i say this to myself often, if my wage doubled within the next year id have the same amount of money i do now, but more material things.
saving is only realistic if you look at it long term
sometimes i fuck it off, sometimes i dont..but all in all i have a growing amount of things i wouldnt have had, had i not spent money
if you like to spend, fuck it..
right now i just take a chunk of my paycheck and keep it seperate from my spending money
i say this to myself often, if my wage doubled within the next year id have the same amount of money i do now, but more material things.
saving is only realistic if you look at it long term
Have someone else manage your money like me.
Not carrying around cash doesn't help, I use my debit card like crazy. Like most said don't eat, drink before you go to a club.
But it sounds like you're a compulsive buyer. Take a step back before you spend your money on something that's pointless. Ask yourself if you need this or are you buying it because you want it
Not carrying around cash doesn't help, I use my debit card like crazy. Like most said don't eat, drink before you go to a club.
But it sounds like you're a compulsive buyer. Take a step back before you spend your money on something that's pointless. Ask yourself if you need this or are you buying it because you want it
IT'S EASIER TO SAVE/BUDGET MONEY IF YOUR JOB PAYS EVERY WEEK (i work at fedex so i know) EVER 2 WEEKS IS COOL TO BUT YOU HAVE TO WATCH YOUR MONEY A BIT CLOSER DUE TO THE LONGER TERM BETWEEN PAYDAYS... ME FOR EXAMPLE I MIGHT CASH 1 CHECK AND KEEP IT FOR JUST POCKET CHANGE AND PUT THE NEXT 2-3 CHECKS AS A WHOLE IN THE BANK WITHOUT TAKIN ANY OF IT OUT... MY BAD HABBITS ARE BUYIN CDS/DVDS AND FAST FOOD BUT I CAN STILL STACK UP GOOD BUT I COULD ALWAYS SAVE MORE OF COURSE... SAVING MONEY AND SPENDING MONEY IS VERY TABOO AND A BASIC STATE OF MIND...
ITS HARD TO STOP EATING OUT, IF YOUR BUSY LIKE DUBB415 SAID, YOU CANT BUY GROCERIES BECAUSE IF YOU DO THEY END UP GETTING SPOILED ANYWAY BECAUSE YOU DONT HAVE TIME TO COOK IT. MY RECCOMENDATION IS TO NOT TO GO OUT AS MUCH, ITS EASY TO KILL 100 DOLLARS A NIGHT JUST GOING TO A CLUB. I RECOMMEND STAYING HOME WITH YOUR BOYS AND INVITIN SOME HOES OVER AND JUST BUYIN A BOTTLE, IF EVERYONE FADES IN YOU GOT A FUN INEXPENSIVE NIGHT AHEAD OF YOU. EITHER THAT OR START SELLING TREES ON THE SIDE, YOU COULD MAKE A BILL OFFA ZIPPER, AND THE FASTER U GET IT OFF THE FASTER YOU MAKE MONEY, JUST DONT SPEND YOUR RE-UP MONEY, PUT IT AWAY CUZ THEY YOULL SPEND IT, THATS WHY I NEVER CARRY CASH.
