How to save money

1. Record your expenses. The first step in saving money is to know how much you're spending. ...
2. Make a budget. ...
3. Plan on saving money. ...
4. Set savings goals. ...
5. Decide on your priorities. ...
6. Different savings and investment strategies for different goals. ...
7. Make saving money easier with automatic transfers. ...
8. Watch your savings grow.

These are some other 6 useful tips

Here I will share with you some great tips that you will easily able to implement to save money.

Let me tell you about the money that I used to save in my college days.Like many college students I used to get very low cash from my parents I used to get about only 20rs in a day.

However I used to make sure I spent this money really carefully.

Sometimes money can be a really limited resource.Hence that is the time where one notices the value of saving money.

The trick that I used to use in my college day or the trick I use even nowadays is that

1.I make sure I do not purchase many clothes.

...Here when purchasing a cloth.You must make sure that do you really need this t-shirt or jeans or whatever.

I have seen many people spending money foolishly on clothes.

Most of the clothes are never worn and These clothes will consume space in your house.

2.This same thing is applicable when purchasing other things as well.It does not really matter if its a mobile or a music player or a headphone wire.Ask yourself a question is that "Do you really need this?".

3.Tip no three is to purchase things that you will surely get returns or in other terms profits.

eg .

You could purchase a bicycle .This will ensure that you cut down on your taxi fair or travelling as well as improve your health and fitness.Or you could purchase anything that would gaurantee that you would get returns for.

4. Tip four is to have less friends.Yes you heard it right.Have less friends.Incase you really want to save money you will need to ensure that you have very few or no friends :D.

Sometimes what happens is that your friends may spend a lot than what  you do.This may tempt you too to do the same thing.This may sound weird but its true.

5.Track your expenses .By tracking the expenses you can easily pin point whats is going wrong where.

6.Always ensure that you see the breakdown of your expenses in any bill.Sometimes you can even as the customer service about these things.