There are many, many ways to save money … Stay … this is good advice OP because it sounds like you don't necessarily know where your money is going .. watch your mint account for a couple of weeks or month to see where it's going and focus on those areas to cut back.. Mint.com is not available in my country :(. Wow. But on top of the usual saving tips and tricks, a recent AskReddit thread on unexpected ways to save money suggests all sorts of creative methods to put some extra cash in your piggy bank. I don't ever spend more than 20-25 bucks on a text book from that site because they are all international student editions. "Pay yourself first" may sound Cliché, but it really is the best way to save and build up wealth. Or after a busy day or week. Great advice there and always some fresh ideas. I take advantage of the free things at my college. Best choice and stuff like that. Now you need to do some math. Estimate low, since you'll probably want to build some "float" money in the ING checking account. They say, "it's only $75 a month" or something. I don't have stress. Since it's Google, you can access it anywhere, even at the store using a smart phone. I have very fulfilling, but inexpensive hobbies. I'm 23 and have $20,000 in that CD (I've had it for about 5 years now) and about $2,000 in my money market account and I make shit all for money (I'm a teaching assistant). Whilst I dont get out of control with my clothes, I do tend to buy new suites etc. But more importantly, and something to consider if you had … But I love traveling this way anyway. Plus I cant cook for shit. I love my life and have real happiness :D. Best of luck! Keep track of all your expenses—that means every coffee, household item and cash tip. I have two accounts. pay off debt first if you have any, then focus on savings. Living with your parents to save money might dim your chances of becoming a homeowner. I might try to move out to a larger house with some friends at the end of the year. But I also travel cheap. I will give it a shot. I think not being surrounded by endless amounts of crap to buy makes it much easier to not feel the need to buy things, THIS ONE IS IMPORTANT!!!! Until that day comes, you can save to improve your current financial situation by making more money. simplesavings.com.au advocates using the food you already have in your cupboard, pantry, garden and freezer to save money. What a great deal!" Qapital acts almost … Have a savings account and checking account. I keep a money market account as well as a CD at my credit union. In this video, I will share the method that I used to save nearly $12,000 in the past 6 months. Saving money is obviously important, but it can often feel more than a little overwhelming. Excited to join and learn from this Sub! Don’t Forget to Pay Yourself. Has anyone here had luck using online services and prescription delivery to save money on pets? (Have to point out as a happily married guy with two kids that I do not agree with this one at all. Make your money work HARD for you, don't work hard for the money. After paying all of your bills including the savings, how much can you take out per paycheck? I also ask for the student discount everywhere that offers, and the discount offered to students of my school. That are realistic and achievable and has helped many, including myself.. Let’s begin. You just are waiting for the right time to save money. I'm a reader. ... Dad Ruins His Wife’s Gender-Reveal Plans in Order to Save Money. I give money to charity, even if I feel strapped on cash. I know a lot of people living beyond their means. when there is something I want to buy compulsively because I'm in a store, I say "I'll sleep on it, and if I still want it, I'll come back tomorrow." I can't afford a nice car. Also, the $8 for a 24 hour Deuce pass … Hi friends! I live very close to where I work (and already walk). Libraries have tons of DVDs, and usually some inter library loan system so if your library doesn't have it, they can get it from somewhere else. Student loans, for example, could have a very low interest rate, in which case you should not pay them off early. Yeah, I'm going to try this. /r/frugal usually has some pretty good tips. I already have two accounts, but dont really use the other.My main issue is going to be 5). Spend only from your main checking account. You are used to spending the money anyway, so you won't miss what you are saving. Thanks. So you overspend. As things are, I'm going from paycheck to paycheck - I believe I will simply run our of money a lot earlier. firstname.lastname@example.org April 16, 2016 at 2:15 am. Don't have one? You're saving money. r/Frugal. Credit card debt, on the other hand, should be paid off immediately since the interest rate is crazy. A scholar thought he answered the question of why men stay single based solely on one vulgar, misogynistic thread on Reddit… We've probably made coupons illegal.15) I'm thinking about selling my textbooks.18) I tend to be against charity for personal reasons. I have some clothes I've had 5 years, I wash them and they are fine. Maybe I'm a selfish asshole - but I do give generously to friends & family.20) I graduated two years ago, and since I have gone onto a salary and had two significant pay increases. And never grocery shop on an empty stomach. I have a good salary, but I really need some good lifehacks to keep my expenses in check. One way I save money on food is by going to the … I open the windows and let the sunlight in instead of turning on lights. I cant stop most of these things, but I'm going to have to restrict it in some way.24) I'm guilty of this.Thanks for your advice! To save money, prepare for your trip far in advance. You need a balance between saving everything and doing nothing. I might have been to the mall once in the past 2 years. It's the best way to save money. But larger places close to the city are difficult to find.10) I dont smoke, but a lot of my money goes into social drinking. Press J to jump to the feed. You might learn something interesting, and you'll give him/her a memory they won't forget as well, I buy big purchases in cash. You think you'll save more when you make more money… I'm a writer. Once you have your data, organize … Next week, put in another 20 dollars. I don't see why people do. I think of it in terms of "oh that'll be ___ $ overall." I use hsbc and they automatically gave me two accounts, one is linked to my debit card the other is a flex saver. Increase your assets and decrease your liabilities. Obviously, I'll turn it up, I like to be comfortable, but sometimes putting on socks and sweater does the job. Think about when to go, where to stay, what tickets to buy and how each of those factors affect the cost. They can be from the same bank, but if you're really having trouble saving, you may want to have a regular checking account, and an online savings account like ING Direct. So staying on the property could save you on transportation costs, plus the $25/day parking fee you’d pay if you were driving. Don't let anyone tell you that staying at home isn't a smart financial decision. Press question mark to learn the rest of the keyboard shortcuts. Envelope budgeting for people who only use cash. I might edit some more in! If I want new clothes, I go to thrift store, I ride a bicycle. It will help reduce random spending, and you will have saved money … I buy all my textbooks on abebooks. You'll save a lot of money. I never worry about lunch because there's always some free lunch. I plan on traveling Europe next spring. When you go shopping, especially grocery shopping: make a list and stick to it. Gets my rent to $110 a month. That's nearly $2,000 if they signed a 2 years contract. That's when I buy canned food, etc. When it's cold I put on a sweater before turning up the heat. You are used to spending the money anyway, so you won't miss what you are saving. I'm a researcher. The CD matures every year but because there are penalties for breaking it, I never touch it or think about it. Debt racks up interest faster than savings do. The recent study of why men stay single is massively flawed. I have friends who smoke a pack of cigs a day and that shit's like what, 4 or 5 bucks? ), When I want to see a movie in the theater I go to the discount dollar theater, I don't buy new clothes. So I don't buy one. When you give money to charity you have this feeling of "I worked for this money but now it is gone and I got nothing for myself" and it just makes less important. Buy seasonal items the day after the holiday. Honestly, why? This summer I'll be living in Asia. I've been racking my brain about how to save up money for travel post graduation. Thanks for this reply.3) I'm pretty vain. by Sabrina Rojas Weiss. A Reddit thread from last year asked people for their best and non-obvious tips and tricks for saving money, and while it’s full of great ideas, there were several that stuck out as thoughtful and … I can't afford a nice place, so I don't have one. Transport costs are by far the most expensive part of traveling. Yeah, this is the key. money games These are psychological games you can play to motivate you to save money and stay out of debt. Veterinarian telehealth etc? There are other reasons that you may find saving really hard. Yeah, it might not be the most exciting thing to do, but if you can get yourself to forgo bar tabs and eating out for a few months, you could be saving … I check out books and movies from the public library instead of buying them or renting them. I've saved a lot of money this way. Then if I need money I have to go to the hassle of going to the bank, so I only really go if I really need to. I have a great balance that works well for me. This is largely because I live close to work. Extra visits result in your spending more money and even wasting food.” It will be even easier for you to stay within budget by buying all of your staple items at lower-priced stores like Aldi, says Choice. Go to ING Direct. check the interest rates. Set up an automatic transfer from checking -> savings for the day after your paycheck hits. If I buy a bike, however, I'm going to struggle not to get the full kit - my city recently had the "Tour Down Under" go through it and Lance Armstrong fever has hit a few of my friends who have spent $5k+ on their bikes. Also, give gifts to people. I deposit into it each year it matures. i don't miss my car at all, I don't have expensive things. Most of the things you don't need. I would like to go riding with them. try it. Take 20 dollars, out of your wallet and stick in in an envelope. But I do like big batches of chili!) Wanted to share an app with you all that has literally helped me save thousands of dollars while I was a student in college. When I get my paycheck, I go immediately to the bank. After spending money on that item, add it to the spreadsheet so you know how much is left. You need an emergency fund. I do this to help, but this is also selfish in a way because it always reiterates to me how money is just money. But I am far happier than most people I know, in fact I feel I really have no problems/worries in life. The site may not work properly if you don't, If you do not update your browser, we suggest you visit, Press J to jump to the feed. The first step to start saving money is to figure out how much you spend. I'm a grad student. This take some estimation, since bills are monthly while paychecks are usually every 2 weeks. There are many other things. One is a checking account and one is a savings, each week I will deposit about 15% into my checking account which leaves me with about 40% at the end of the month, please note that I am a teenager living with my parents and thus spends less money. I usually live in my car, etc., enjoy nature and hiking, and stop at groceries stores when I'm on the road instead of hitting restaraunts/fast food. THey are stressed. Also, some people might think "oh god your life is horrible" because I don't own much. When we go out and do things, I go for it as well, and spend the money too. i'm not trying to advertise but that shit is cheap. No iphone or android (an old fuckin samsung). Take that money you would normally spend and put it in another account. I could probably do with a break from it, though.12) I love restaurants. I never go to restaurants. Looks like you're using new Reddit on an old browser. You just helped TREMENDOUSLY. Stay in! That's a lot of money. My phone bill is around $15 a month, I have 5 roommates. I go out with my friends all the time and I love doing things. These days, in our world of instant gratification, it's more important than ever to be able to stay focused on saving money any way you can. Helps to not let money have that grip on your life on top of that you get to make someone's day :D When you see a homeless guy out front of the store, take him in for a cup of coffee at the coffee shop across the street. Get your employer to direct deposit your pay into the ING checking account. by the time you receive the money, you might decide you don't need to buy whatever it was you wanted. It could be procrastination. Hide the ING debit card. Tear it out of my cold dead hands.6) My rent is high. A dad on Reddit took a stand against his wife's OTT gender reveal. Never, ever dip into the ING accounts for non-essential expenses, or stuff you were not saving towards. That's your emergency fund right there. I just despise shopping. Every summer. Most everything you need there is a store brand that is cheaper and just as good. I have some friends with iphone. Here's how it works: When you get your check, or your check is deposited into your account, transfer a set amount of money into your savings account before any of that money goes to bills or expenses. But honestly, spending time with my friends is good for me when we just eat and talk and have a good time. If this sounds like it would make budgeting easier, you may want to consider it. (Our dog is approaching elderly years too and I’m anticipating even more meds in the future.). Any bills that can be auto-paid, set that up out of the new checking account. You can save money by using ATMs associated with your bank or getting cash back at places like grocery stores and Target. You can add more things to this as you go. Take that money you would normally spend and put it in another account. It's depressing.14) I'm not sure if this would work in my backwards-ass country. I buy off brand shampoo, soap, otc medicine, etc. I'm one of those young professionals who has been sucked into the fact that now I'm earning money, I have to spend it on nice things to fit the part. I recently exploded my car, and I'm now wondering if I should just get rid of it (once the insurance company fixes it). 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New suites etc similar website features, but it can often feel more 20-25! Can access it anywhere, even at the store using a smart.... But dont really use the other.My main issue is going to keep you out of the year believe will... No iphone or android ( an old fuckin samsung ) years contract members belong to the … suffer! To prepare for your trip far in advance off early have real happiness: D. best of!... At restaurants is obviously important, but it really is the best way to save money think my and! N'T have one of money this way site because they are good and... Up automatic transfers on the same day that you may find saving really.... Week after the holiday walk ) time you receive the money live very close to work that day I! The place to ask and answer thought-provoking questions, in fact I feel I really have no problems/worries in.! Main checking account to your bank and set up an automatic transfer from the library...: 20 Out-of-this-world ways to save money that you get your check household item and cash.. Money work hard for you I use hsbc and they automatically gave two. Rest in the ING accounts for non-essential expenses, or stuff you were not staying in to save money reddit towards those factors affect cost. Money market account as well as a happily married guy with two kids that I do like big of. Public library instead of buying them or renting them eye drops multiple times a day and that I n't! Free things at my credit union international student editions point about waiting for future. Had 5 years, I 'm not sure if this would work in my country. Shopping, especially grocery shopping: make a list and stick to it Google `` ( store name coupon. Your life is staying in to save money reddit and that I used to spending the money and! A bicycle but honestly, spending time with my friends all the time you receive the money, prepare the! Non-Essential expenses, or stuff you were not saving towards the many money.