TOP FIVE
SAVING MONEY TIPS
-from Aimee
1) Create a Goal
It is very important to set up a goal. What is it that you are trying to accomplish? Are you saving for a new car or maybe something simple like a new pair of shoes? What ever it might be write it down on paper!
2) Create a Budget
Once you know how much you want to save, create an excel spreadsheet and write down your weekly/monthly income and all of your expenses.
3) Remove Unneccesary Expenses
That's right! You do not need to buy a new video game every week. If it is not essential to your survival then you can cut it out.
4) Open up a Savings Account
If possible open up a savings account. Many banks will offer a free savings account and may not require any deposit. If opening up a savings account is not an option, then create a "piggy-bank" at home. Just don't bust it open!
5) Start Putting Money Away
Once you know how much to save then put it away, if you opened up a savings account and you get direct deposit from work. Setup direct deposit into the savings account, this way the money goes in there automatically so you don't see it and you don't miss it.