How can I save money if I live paycheck to paycheck?

[freelancermaria]

Cooking at home most days helps me stretch my paycheck. I don't usually eat out unless it's a special occasion, like a birthday. I make a point of saving money, even if it's just $2 a week. A little will accumulate substantially in the long term. What are some ways to save money when living paycheck to paycheck?

 

[King Belieal]

Even if you are able to save just a dollar every month, it would quickly accumulate with time and you can invest to expand your income with the accumulated funds.

 

[Springtime]

Try to increase your earnings by working part-time or on a freelance basis. Even posting on forums or taking surveys can help you earn a few bucks which you can save. Cut your spending to the minimum.

 

[magnus2022]

The best way to save something is to authorize your bank to withdraw certain amount of money once you receive your salary. And the money will be transferred to fixed deposit account that will not be touch unti certain period.

 

[eLdavis]

In a case like this, what you need to do is focus on your needs rather than your wants. Which means there are certain sacrifices you will have to make. Then again, notting is too small for you to save.

 

[Augusta]

Start by Creating a Budget. .Cut expenses and Increase Income. Build an emergency Fund and stop accruing Debt. .

 

[eLdavis]

Start by Creating a Budget. .Cut expenses and Increase Income. Build an emergency Fund and stop accruing Debt. .

Yes cutting expenses is one thing you cannot avoid in a situation like this. Even if enough money is coming in, you still need to cut down expenses.

 

[Augusta]

Yes cutting expenses is one thing you cannot avoid in a situation like this. Even if enough money is coming in, you still need to cut down expenses.

Yes this is really for those that have the mindset of going for luxuries. You just have to cut down on such