by Nick Somoski

Created on: May 02, 2009   Last Updated: December 05, 2010

Everyday, Americans go out and lead their everyday lives with the intention of saving money, and I don't blame them. After all, who doesn't love saving a buck or two? In this economy, we have to spend our money sporadically if we want to continue spending at all. So just how can we do this? How can we save our money here and there while still enjoying our lives?

Some things you may have to do are just common sense, but doing some of these things may not be easy for everyone. What is important, though, is laying off the extras. Some people just love to live their extravagant lives, with their rich lifestyles and big paychecks. The only problem is, most people with rich lifestyles aren't rich at all. They're middle class Americans pretending to be rich, and that's the biggest problem.

Nowadays, if you're struggling to live from paycheck to paycheck, saving money will come easiest if you just give up the necessities. We all need food and clothing and all that stuff every week, so buy only that when you're out shopping. You have to resist your temptations, which can be a big ordeal for some people. To resist your temptations and save money, just learn to say one simple word: no.

To save money, you first have to have money. This means NO DEBT! Debt in all forms hurts people, because once you're in debt, it's really hard to get out. So be smart with your money! I seriously think credit cards are a danger to everyone - every little thing you've ever had can be easily put on a credit card, and that's the bad thing. Cut them up! Hide them, put them away - whatever you have to do, don't put anything over $10 on a credit card!

You shouldn't have to feel like you have to buy things you don't need. Before saving money, pay off your debt! Even if it's little by little, it's possible to get rid of it all. And once you do, start saving away: put money out of your paycheck away every week. Just imagine: if you could just put away $10 a week every week to savings, you'll be set in time of crisis, and ready for retirement.

Of course, to save those extra dollars, you will need to make big personal sacrifices, as will your family. Brand names may no longer be in the picture for you. If you have to, go the cheaper route with what you buy. Buy used, or start hunting down the best deals. It doesn't hurt to shop around a little before you buy something, trying to find the best deals and the best prices. Buying on impulse is the worst thing for you, so resist and don't do it!

Cutting

• 1
• 2
• Next Page >>