What is the best way to save money? I have a hard time paying my bills, having money to live off of and save.

Public Comments

1. I like to write down all of the things I buy. This helps me see all of the "extra" things I have bought. I have eliminated all of the expenses that I waste money on an have more money to pay bills (even some extra money!) Good luck!
2. here's how I save money I save five dollars a day
3. the way I did it was being really greedy but myself. it starts off with just lil things from a cup of coffee to going to the salon. it worked for me. now i have a good lump of money saved up for doing lil things like that. ican actually go to the store and but almost whatever i want but i limit myself on how much i can spend for my self after bills. GOOD LUCK!
4. Set your savings goal first and then set it up to be invested automatically. You should save a minimum of 10% of your gross income. If you can't do that then you're spending too much and you might need to move somewhere cheaper or cut expensive habits. List out your net income and subract 10% for savings. Then list all your fixed costs (rent, debt payments, cell phone, etc). Subtract them from your net income after savings. If there's hardly anything left for discretionary costs like food, gas, and entertainment, then you need to lower your fixed costs (not your savings goal!) or raise your income. Focus hard on paying off debt to have more cash flow each month. Get a roommate or a cheaper apt. Cut utilities and media extras if you have to (cable, cell phone features, etc). Or get a part time job: wait tables, park cars, whatever. Make it happen; you have to live within your means.
5. What works for me is the day I get paid, I immediately pay bills 1st. I get my checks direct deposited into several accts. Out of those I pay the majority of my bills online. I don't carry cash too often, I use my atm/debit card wherever I go. Paying the bills online & using these cards allow me to know exactly how much I have to spend at all times. I have 2 savings accts attached to both of my checkings which I transfer $$ into if I notice that I have any extra. I also set goals for things that I want that I know I have to save $$ for. That's a HUGE help for me.
6. set up budget.
7. Organize your priorities and, most importantly, PAY YOURSELF FIRST. Each pay period, take a small amount out of your cheque before anything else and save it, then organize your expenses for the month. That way, you'll be saving money up front, instead of being left wondering where all the money you had planned on saving went (by the end of the month).
8. One of the best things I ever did financially was to start saving every raise, bonus, tax refund, etc. that I got. I also never spend interest or dividends that I earn. I realized about 12 years ago that I was living very comfortably on my current income; so I started saving every penny I got above that level. It got to where I was saving over 50% of my GROSS income every year.