The Traditional Methods There are many tried and true ways of how to save money each month . Every day put all of your loose change into a jar. Every once in a while deposit the money in your savings account. In time the money will grow into a little nest egg. Try to set aside a certain amount of money each month or each paycheque for your savings. People have been doing this for years, but it takes discipline. A Newer Method: Pay Yourself First How It Works One of the best saving strategies is to pay yourself first. What this means is that you designate a certain amount of your paycheque as your pay (how novel) and you pay that money to yourself before you pay your bills or anyone else. This amount can be $25, $100 or maybe 10% of your paycheque. It can be any amount that you decide. The important part is that you pay yourself first rather than last. Most people pay all of the bills first and then save anything that might be left over. For most ...
