On payday, if you have any money left, save it and start over with your new paycheck. You'll be surprised how fast that little bit adds up.
If your company matches 401K contributions, participate to the fullest. It's free money and pretax you will hardly miss that money. The younger you are the more important it is for you to do this.
Don't spend more than you make.
Good luck!
I live and work in New York so my examples may be response may be Geographically economically biased.
The money saving tips I have been using over the past few months has been "Cooking my own Lunch" lunch can cost anything from $8-$15 / day. At nights, I cook dinner and a bit extra for the next day's lunch for me and my wife for roughly half the cost of "city-purchased lunch". This affords us a net savings of $400/month
I like Kathleen's suggestion of starting over every paycheck. I am a big fan of that. I would go a step forward and say, if you have outstanding high-interest debts, pay those off before you start / continue saving as a "penny spent is a penny lost".
Cutting back on some utility helps a lot. Sometimes there are cheaper versions at the same quality. My household switched from T-Mobile a few years ago and has been saving roughly ~$ 100/month on phone bills.
If you save in a bank account collecting .1-1% it would probably be beneficial to you to save that money in a mutual fund instead. This is ideal if you foresee yourself not needing the money for at least 6 months. I was elated when I first tried this. I put my $500/month savings into mine and by the end of 1 year I earned ~600 in interest. That's an extra $50/month toward your savings (experience may vary with this so do your research).
I hope this was insightful.
Company matching to a retirement account or health savings account is about the only way to double savings immediately.
Investing money so that it grows will double it over time.
by danicole 8 years ago
What are some ways you can double your savings? Be specific!
by EPHRAIM32 13 years ago
IS HAPPINESS MORE IMPORTANT THAN MONEY?SHOULD LIVING PAYCHECK TO PAYCHECK MAKE YOU MOVE FORWARD WITH SEEKING OUT ANOTHER SIGNIFICANT OTHER?
by Shawn Yeager 4 years ago
What's more important, power or money?
by Cristale Adams 11 years ago
Is it right for a woman to work and give her husband her pay check?
by Vandana 6 years ago
Suddenly this question strike in my mind today ... " Which is more important LOVE OR MONEY" to live a happy life ?? If any one have to select her partner which criteria one should follow for choosing her life partner..
by ChilliWilly 10 years ago
Stealing is immoral, right? But what if stealing was the only way to feed a starving child?
Copyright © 2024 The Arena Media Brands, LLC and respective content providers on this website. HubPages® is a registered trademark of The Arena Platform, Inc. Other product and company names shown may be trademarks of their respective owners. The Arena Media Brands, LLC and respective content providers to this website may receive compensation for some links to products and services on this website.
Copyright © 2024 Maven Media Brands, LLC and respective owners.
As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.
For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: https://corp.maven.io/privacy-policy
Show DetailsNecessary | |
---|---|
HubPages Device ID | This is used to identify particular browsers or devices when the access the service, and is used for security reasons. |
Login | This is necessary to sign in to the HubPages Service. |
Google Recaptcha | This is used to prevent bots and spam. (Privacy Policy) |
Akismet | This is used to detect comment spam. (Privacy Policy) |
HubPages Google Analytics | This is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy) |
HubPages Traffic Pixel | This is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized. |
Amazon Web Services | This is a cloud services platform that we used to host our service. (Privacy Policy) |
Cloudflare | This is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy) |
Google Hosted Libraries | Javascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy) |
Features | |
---|---|
Google Custom Search | This is feature allows you to search the site. (Privacy Policy) |
Google Maps | Some articles have Google Maps embedded in them. (Privacy Policy) |
Google Charts | This is used to display charts and graphs on articles and the author center. (Privacy Policy) |
Google AdSense Host API | This service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy) |
Google YouTube | Some articles have YouTube videos embedded in them. (Privacy Policy) |
Vimeo | Some articles have Vimeo videos embedded in them. (Privacy Policy) |
Paypal | This is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy) |
Facebook Login | You can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy) |
Maven | This supports the Maven widget and search functionality. (Privacy Policy) |
Marketing | |
---|---|
Google AdSense | This is an ad network. (Privacy Policy) |
Google DoubleClick | Google provides ad serving technology and runs an ad network. (Privacy Policy) |
Index Exchange | This is an ad network. (Privacy Policy) |
Sovrn | This is an ad network. (Privacy Policy) |
Facebook Ads | This is an ad network. (Privacy Policy) |
Amazon Unified Ad Marketplace | This is an ad network. (Privacy Policy) |
AppNexus | This is an ad network. (Privacy Policy) |
Openx | This is an ad network. (Privacy Policy) |
Rubicon Project | This is an ad network. (Privacy Policy) |
TripleLift | This is an ad network. (Privacy Policy) |
Say Media | We partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy) |
Remarketing Pixels | We may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites. |
Conversion Tracking Pixels | We may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service. |
Statistics | |
---|---|
Author Google Analytics | This is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy) |
Comscore | ComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy) |
Amazon Tracking Pixel | Some articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy) |
Clicksco | This is a data management platform studying reader behavior (Privacy Policy) |