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HOW To Save Money If Income Is Small


apocalypsereturns Rep Points: 765
Posted on April 2, 2009 at 10:51 am
I would like to ask every one of you if you have any way to save money when a  person has a small income can he save enough to have a secure future.

paoxav Rep Points: 905
Posted on April 2, 2009 at 11:06 am
stop the vices and lessen the luxuries that screws up the budget.. if you're a smoker, stop it.. if you're a drinker, lessen it.. if you're a party go-er, well maybe you can just party twice a month instead of weekly..

somecowgirl Rep Points: 1,100
Posted on April 2, 2009 at 5:45 pm
Money adds up fast. My fiance and I are only making money through the internet and that's a small amount, barely enough to feed us if we wanted to spend it on that. We save every bit we can while spending some on our wedding. The best thing to do is get a jar for dollars and a jar for change and to put it in the jar everytime you get done spending. Most of the time people just see the change as extra money anyway, and will buy coffee, etc with it. If you don't use it at all and save it you can spend it on things you want or need without it hurting your wallet. Ofcourse if you need the money then by all means don't save it, but it's a good way to atleast save a little. I've found that if you just have a good outlook on it, you're rich already!

zedlav23 Rep Points: 240
Posted on April 2, 2009 at 5:49 pm
That is a good point. And I would agree with the suggestions I've read so far. Try to look for other income streams that will supplement your current source of income. There are actually a lot of sites that can provide you some freelance work. DD and Mylot can be a good way to look for legitimate and paying sites since most of us here at DD and Mylot are into online jobs.

princess88 Rep Points: 945
Posted on April 2, 2009 at 6:32 pm
u still can save your money, although your income is small.. little by little, and someday u will have a lot of money.. and also u can take part time.. so your income will increase.. 

lynnemg Rep Points: 830
Posted on April 2, 2009 at 7:05 pm
That can be a difficult thing to do. I have been there myself. This is why I really took to saving my pocket change and recycling aluminum cans. It may not be a lot all at once, but it adds up over time.

inai Rep Points: 955
Posted on April 4, 2009 at 2:01 am
As long as there is income coming in regardless of how small it is, you have no choice but to sacrifice at least 10% of the net of your income and force to put it aside for rainy days.  This need strong discipline to implement.

sikat Rep Points: 645
Posted on April 4, 2009 at 2:02 am
I think the trick is to earn more.  It is still possible to save more with little income. Track down you expenses and check those that that you can live without.

szack Rep Points: 885
Posted on April 4, 2009 at 3:57 am
make a monthly budget and cash flow...its helpfull

traveler Rep Points: 1,055
Posted on April 4, 2009 at 4:12 am
there's a lot of sources for making some extra income, just try to look over the net you can join legal ptp and ptc sites, you can also try to sell your unused clothes and items that you can find inside your house, then try to start small business then keep a small amount from that sources.