Saving money is good option as it provide a safety net for unexpected expenses. saving money forces us to spend less than we make. and when the times comes for a major purchase, you will be glad you have been saving up.
the problem is not that we have not thought about saving money, the problem is that too many of us just are not doing it.
There are many number of reason why people are not saving money. they may not think it is urgent or they may not have taken the time to set up a saving account. but my suspicion is that most people are not swetting aside money for saving because they don’t think that they have enough to do so.
HOW TO SAVE MONEY:
GET A ROOMMATE: If you are single, or even if you are a couple, you can cut your housing costs substantially by living with a roommate who will also them chip in for all the utilities, plus shoulder some chores.
MOVE IN WITH FAMILY: Depending on your age, you may have the option of moving in with your parents or other relatives who could host you either for free or very little. There is no shame in being financially prudent(but a lot, deserved or not, when you are in debt).
WALK: If you live in a pedestrian friendly area, this is the cheapest mode of transportation. absolutely free, and you get exercise.
USE PUBLIC TRANSPORTATION: If you live in an area with good buses, subways, etc. this will keep your transportation costs to a minimum.
CAR POOL: If you do need to drive, saving on gas costs by carpooling.
By following this simple which we can save money from our daily expenses