HOW I CAN SAVE MONEY? EVERY MONTH I GET GOOD SALRY BUT I CANT SAVE. PLEASE GUIDE ME?

Public Comments

1. Good money must mean that after your expenses, you have a substantial amount left over - correct? If that's the case, I recommend that you take a small amount of your check for spending and deposit the rest until you have 5 months worth of expenses. Suppose you make 4000 per month and expenses are 2000 and you have 0 savings. Next payday, take 200-300 for pocket money, pay your bills and deposit the rest. You'll have 1700 in savings. By september, you'll have 8500 almost 5 months of expenses saved up. By the way, if your job has direct deposit, use it ! It helps those you spend cash too quickly when they get it in their hand.
2. if u r earning enough to meet ur expenses,then u should go to ur Bank & open An RD(recurring Deposit) of some amt that u think ,u can manage..this is my personal experience,it has helped me alot.
3. try writing account of the money you spent in the whole day and gradually you will be able to save it!
4. Saving money depends on your personal determination. You should try to make budget estimate for each month. Set a goal of saving a fixed amount of money each month. Do not purchase unnecessary things. You should open a savings account and should deposit your savings their each month. This will not only save your money but you will also get interest on it.