Saving Tips 1 - Keep your receipts and write down everything you spend. At the end of the month calculate how much money you're spending on different things (groceries, eating out, entertainment, clothes, gas etc.) This is a good way to make you more aware of how you are spending your money. You might realize that you're spending a lot more money in a particular area than you thought because little expenditures are adding up (spending a few bucks on coffee every day doesn't seem like much until you see how the cost adds up over time).

Saving Tips 2 - If you have trouble spending too much money try paying for everything with either cash or a debit card. Don't use credit cards. Using a credit card can often make you oblivious to how much money you are actually spending because the process is so automatic.

Saving Tips 3 - Develop a monthly budget and follow it. It's easier to manage your money if you set precise boundaries for yourself instead of having a vague idea in the back of your head that you need to be careful with you money.

Saving Tips 4 - Try to have three months worth of living expenses saved up in the bank at all times. If you happen to lose your job or are unable to work for a period of time, this saved up money will prevent you from falling into debt while you are unemployed.

Saving Tips 5 - Don't go shopping just for fun. Arrive at the store with a list of things you actually need and only purchase those items. Chances are, if you didn't realize you needed the item until you saw it, you probably don't really need it. Learn to tell the difference between needs and wants. Be careful of impulse buying. Take time to think about whether you will actually need or even use the item that suddenly looks so appealing.

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Saving Tips 6 - Eat out less. Easting out can more than triple the amount of money you spend on food!

Saving Tips 7 - Try buying things used. You can get a lot of great stuff used, anything from cars to clothes.Shopping at a Salvation Army or Goodwill store is a great way to buy second hand clothes. Just dont forget to pass along the favor by donating clothing you no longer wear.

Saving Tips 8 - Why not check out the bakery "thrift stores" in your area? Most major bakers operate these stores in areas near their local bakeries. They sell bread, snack cakes and other bakery items that are literally one or two days old; while they're not quite as squishy-soft as the fresh bread in your supermarket, you'll save some cold hard cash in the bargain! And besides, day-old bread makes better sandwiches than fresh bread!

Saving Tips 9 - Try buying things used. You can get a lot of great stuff used, anything from cars to clothes.Shopping at a Salvation Army or Goodwill store is a great way to buy second hand clothes. Just dont forget to pass along the favor by donating clothing you no longer wear.

Saving Tips 10 - Make sure you have a savings account and DON'T TOUCH IT! A lot of people borrow from their savings account like it's cash in their wallet. Their intentions are good but they're not helping themselves. Make up your mind that you will never go into your savings account once its started. Let it build and one day you'll have a lot of money sitting there at your disposal.

Saving Tips 11 - You'll save yourself all kinds of money if you can avoid going grocery shopping when you're hungry. People tend to spend more money on junk food and stuff they don't need when they shop hungry.

Saving Tips 12 - With the economy being down, Credit Card companies are looking to raise their revenues and one of the easiest ways is for them to raise the interest rates on their existing customers. However, you have the option to cancel your account if you do not want to accept a higher interest rate. You can close your account and continue on your established payment plan and interest rate until the account is closed.

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