Chapter II Simple Everyday Things You Can To Save Money732Please respect copyright.ＰＥＮＡＮＡy13PiDkvLg
Set Goals. Saving money now for use in the future is easier if you know what you want and how much you will need. It helps to set saving goals. If you want to buy a $500.00 item plan to save 50 dollars per month for 10 months. That is just $12.50 a week.732Please respect copyright.ＰＥＮＡＮＡMYrpSL2vAY
Have a strategy for saving money. Every time you receive income from a job, gift, or an allowance try to put at least some of it into your savings account. Here’s one suggestion: Consider putting about 25 percent ($1 out of every $4) or more into your savings account. Separately, you can save a similar amount of money for clothes, video games, electronics or other items you might want to buy within the next few months. With what’s left, keep some handy for spending money (maybe for snacks or a movie).732Please respect copyright.ＰＥＮＡＮＡKfvYg4Stee
Reduce Spending. For example: If you are spending 5 dollars a week on snacks save 2 dollars, after a year you will have 104 dollars in your savings account.732Please respect copyright.ＰＥＮＡＮＡS6LgnNcC67
Make a budget. Get an idea of what you spend money on during any given month. Save all your receipts, make note of how much cash you need versus how much you expense to credit cards, and figure out how much money you have left over.732Please respect copyright.ＰＥＮＡＮＡKlQXK9fIVa
Build your savings. Even if your budget is small it should be a top priority in your life. You should save around 10% of your total income. Start saving young. Even if you're still in school, saving is still important. Saving should be something that is a principle rather than a necessity. If you save early, and then invest that savings wisely, a small initial contribution can turn into a significant sum. If you manage to save $10,000 per year, which is less than $1,000 per month in 15 years, you'll have $150,000. That's enough money to put a kid through college or put a significant payment on a house.732Please respect copyright.ＰＥＮＡＮＡmf0vQ5DH8I
