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    Best ways to save money

    I'm thinking for the most effective strategy anyone can try to save money and thereby increasing one's net worth. Please feel free to share your ideas or your best experience how you're able to effectively implement techniques in saving your hard-earned income may it be from employment, business or investment. Also I found a site which I've been studying for couple of days now just to get fresh ideas on how to save money and am sharing it here for those who might be interested in saving money. For sure and in my opinion, saving money is still the best way to start and a business.
    Last edited by KeithM.; Sat 12th Jun 2010 at 10:16.

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    Senior Member GekiDan's Avatar
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    So far, I am saving money this way.
    Once I got a money on my Paypal account as a payment, as soon as it got over $100, within a few days time, I will send it on my bank account. If I got money on my Paypal, I can't resist buying things online (who wouldn't?). So having it on my bank seems a very good idea to prevent myself in using it up, unless it is badly needed.

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    Heheh.. Im not always good with saving money probably because i make money. but then for me i try to cut down on useless spendings like expensive food (esp.when you can have mcdo instead of others) and also sports betting which Im pretty addicted at.

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    Well I'm not just saving money Iam putting it up to a system.. Where my money grows..

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    Senior Member mv5869's Avatar
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    You can't make a business by saving money. Business is about Sales. You need to get someobody to hand over their hard-earned cash for the goods or service you are providing them.

    Given that this is a web-based marketing forum, why not start a site on money saving ideas. Its been done before but even a small slice of the referrals market could bring you some hadsome rewards

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    I can't save money and even won't try t do it. I understand that I have to if I want something bigger but not this year.

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    Member TiaWood's Avatar
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    1) Get rid of all bills that you don't necessarily need or find a way to downgrade them.
    2) Start sticking money into your savings account.



    One trick I use is to request $5-$20 cash back every time I purchase something in a store. It adds up quickly.

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    Senior Member JuicyCafe's Avatar
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    Best way is to calculate your monthly bills (foods and others), budgeting is the best way. When you do shopping, buy what you really need and not what you want, also purchasing in bulk also saves you money.

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    Smile Re:

    Quote Originally Posted by JuicyCafe View Post
    Best way is to calculate your monthly bills (foods and others), budgeting is the best way. When you do shopping, buy what you really need and not what you want, also purchasing in bulk also saves you money.
    I think so ,too . I just do that way. It's time for us to think about the way we spend on money.

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    I save money through budgeting every month. I spend 65% of my total monthly salary in total house budget (Utility bills, food items) and save more then 35%. I purchased food items at bulk once a month witch will very helpful to save more. Purchasing of Wholesale clothes is also helpful. It is true that wholesale websites offer just large quantity for sale. But if you purchase your clothes for whole season at the starting, it helps you lot to save money.
    Quote Originally Posted by JuicyCafe View Post
    Best way is to calculate your monthly bills (foods and others), budgeting is the best way. When you do shopping, buy what you really need and not what you want, also purchasing in bulk also saves you money.

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    I prefer putting some money to the bank after each salary. Otherwise, I would never be able to save anything.

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    Member TheEntreprenette's Avatar
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    Check our www.moneysavingexpert.com. It is a forum with thousands of ideas to save money, personally and business. It is run by a guy named Martin Lewis, who is always on TV as the leading authority in the UK.

    Regards

    Jo

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    It hard to save money. When you got the Cash on hand

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    Nice information, many thanks to the author. It is incomprehensible to me now, but in general, the usefulness and significance is overwhelming. Thanks again and good luck!

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    I would only say save money is good for emergency and investment
    Save money is actually waste money. The reason is the value of money are keep dropping. For example, one apartment might cost USD20k at this moment but the cost after 10 year might increase to 40k for the same size apartment at the same area




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