Comments on: Surviving Paycheck to Paycheck? You Can Still Start Saving http://www.brokeass-student.com/surviving-paycheck-to-paycheck-you-can-still-start-saving/ ... where my idea of splurging is feeding my cat Fancy Feast. As a full-time student with a limited income stream, follow my journey in obtaining financial awareness and prosperity Wed, 07 Jan 2009 19:56:34 +0000 http://wordpress.org/?v=2.7 hourly 1 By: Jessica http://www.brokeass-student.com/surviving-paycheck-to-paycheck-you-can-still-start-saving/comment-page-1/#comment-50586 Jessica Sat, 19 Jul 2008 22:59:57 +0000 http://www.brokeass-student.com/surviving-paycheck-to-paycheck-you-can-still-start-saving/#comment-50586 I really like this idea. I've been living the past two weeks with only 4 dollars.... lol I really like this idea. I’ve been living the past two weeks with only 4 dollars…. lol

]]> By: Corey http://www.brokeass-student.com/surviving-paycheck-to-paycheck-you-can-still-start-saving/comment-page-1/#comment-2649 Corey Sun, 09 Sep 2007 03:34:17 +0000 http://www.brokeass-student.com/surviving-paycheck-to-paycheck-you-can-still-start-saving/#comment-2649 I'm definitely gonna start saving all my change. I remember my dad used to do this and used to have hundreds of dollars in his water jug. I’m definitely gonna start saving all my change. I remember my dad used to do this and used to have hundreds of dollars in his water jug.

]]> By: jos http://www.brokeass-student.com/surviving-paycheck-to-paycheck-you-can-still-start-saving/comment-page-1/#comment-1059 jos Tue, 05 Jun 2007 14:45:59 +0000 http://www.brokeass-student.com/surviving-paycheck-to-paycheck-you-can-still-start-saving/#comment-1059 first CONGRATS on the $1000 savings mark! i also bring my lunch and snacks to work and have noticed that it saves me about $30, maybe $50 a week, now i just need to work on putting that savings $ into savings... also i try to make my own coffee and not purchase any and if i do i make sure its just a coffee for under 2$ no fancy $5 fat filled latte or frappichunos My goal is to have 2k in savings (i have about $300 now) and pay off another 2k in debt by the end of the year... so 4k saved in 6 mons if i stay away from starbucks and resturants i can do it first CONGRATS on the $1000 savings mark!

i also bring my lunch and snacks to work and have noticed that it saves me about $30, maybe $50 a week, now i just need to work on putting that savings $ into savings…

also i try to make my own coffee and not purchase any and if i do i make sure its just a coffee for under 2$ no fancy $5 fat filled latte or frappichunos

My goal is to have 2k in savings (i have about $300 now) and pay off another 2k in debt by the end of the year… so 4k saved in 6 mons

if i stay away from starbucks and resturants i can do it

]]> By: jonathan http://www.brokeass-student.com/surviving-paycheck-to-paycheck-you-can-still-start-saving/comment-page-1/#comment-859 jonathan Fri, 25 May 2007 00:05:10 +0000 http://www.brokeass-student.com/surviving-paycheck-to-paycheck-you-can-still-start-saving/#comment-859 Congratulations! I have 10% of my paycheck automatically invested in company stock and the company matches 50% of what I put in it. (I can put up to 2k per year, so I put in 2k and end up with 3k). I do have a problem keeping money in my money market account :/ I continue to buy stock in different companies once my balance hits between $500 - $1k, which is I know isn't the best thing I also transfer 25% a month to my money market account, which is only like $250 (I live with my parents still trying to work my way up in the company) Once again GREAT JOB and I encourage you to double that to 2k in 3 months or invest in some stock. Congratulations! I have 10% of my paycheck automatically invested in company stock and the company matches 50% of what I put in it. (I can put up to 2k per year, so I put in 2k and end up with 3k). I do have a problem keeping money in my money market account :/ I continue to buy stock in different companies once my balance hits between $500 - $1k, which is I know isn’t the best thing

I also transfer 25% a month to my money market account, which is only like $250 (I live with my parents still trying to work my way up in the company)

Once again GREAT JOB and I encourage you to double that to 2k in 3 months or invest in some stock.

]]> By: Willster http://www.brokeass-student.com/surviving-paycheck-to-paycheck-you-can-still-start-saving/comment-page-1/#comment-533 Willster Sat, 28 Apr 2007 22:36:41 +0000 http://www.brokeass-student.com/surviving-paycheck-to-paycheck-you-can-still-start-saving/#comment-533 That's pretty scary that the average family is spending every dime they make (and more) like that! I suppose a lot of it has to do with this mentality of maxing out credit cards without mind to the future... Congrats on being diligent on your savings plan, I'm glad it's paid off! That’s pretty scary that the average family is spending every dime they make (and more) like that! I suppose a lot of it has to do with this mentality of maxing out credit cards without mind to the future…

Congrats on being diligent on your savings plan, I’m glad it’s paid off!

]]> By: Personal finance at KMull.com http://www.brokeass-student.com/surviving-paycheck-to-paycheck-you-can-still-start-saving/comment-page-1/#comment-520 Personal finance at KMull.com Mon, 23 Apr 2007 13:01:55 +0000 http://www.brokeass-student.com/surviving-paycheck-to-paycheck-you-can-still-start-saving/#comment-520 [...] Student and asked if I could do an interview with her. Recently at her blog she has talked about saving money, even if you live paycheck to paycheck. As she’ll mention, she hasn’t blogged in a [...] [...] Student and asked if I could do an interview with her. Recently at her blog she has talked about saving money, even if you live paycheck to paycheck. As she’ll mention, she hasn’t blogged in a [...]

]]> By: SavingDiva http://www.brokeass-student.com/surviving-paycheck-to-paycheck-you-can-still-start-saving/comment-page-1/#comment-471 SavingDiva Fri, 13 Apr 2007 19:31:15 +0000 http://www.brokeass-student.com/surviving-paycheck-to-paycheck-you-can-still-start-saving/#comment-471 I really enjoyed your post. Congratulations on the $1000 emergency fund. It really makes you a lot more relaxed to know that you have that cushion. I wish I had your resolve for packing my lunch/snacks. I am horrible about not bringing my lunch to work! I waste a lot of money that way. I really enjoyed your post. Congratulations on the $1000 emergency fund. It really makes you a lot more relaxed to know that you have that cushion.

I wish I had your resolve for packing my lunch/snacks. I am horrible about not bringing my lunch to work! I waste a lot of money that way.

]]> By: kev http://www.brokeass-student.com/surviving-paycheck-to-paycheck-you-can-still-start-saving/comment-page-1/#comment-458 kev Thu, 12 Apr 2007 21:16:26 +0000 http://www.brokeass-student.com/surviving-paycheck-to-paycheck-you-can-still-start-saving/#comment-458 Congrats on reaching the $1,000 mark! I like your first three tips, and I'm really trying to do the second one. I like soup and sandwiches, but buying them at Subway every day for lunch is the best act of frugality. I could easily save $3 to $5 every day by bringing my lunch to work. For the third tip, I do my own variation. I haven't used a credit card in years and I don't like carrying cash, so I use my debit/check card for purchases. My bank, Bank of America, has a nifty feature where they round up my purchases to the nearest dollar and put the rounded amount into my savings account. They even match a portion of what I put in. Nothing beats free money! Congrats on reaching the $1,000 mark!

I like your first three tips, and I’m really trying to do the second one. I like soup and sandwiches, but buying them at Subway every day for lunch is the best act of frugality. I could easily save $3 to $5 every day by bringing my lunch to work.

For the third tip, I do my own variation. I haven’t used a credit card in years and I don’t like carrying cash, so I use my debit/check card for purchases. My bank, Bank of America, has a nifty feature where they round up my purchases to the nearest dollar and put the rounded amount into my savings account. They even match a portion of what I put in. Nothing beats free money!

]]> By: Thomas http://www.brokeass-student.com/surviving-paycheck-to-paycheck-you-can-still-start-saving/comment-page-1/#comment-450 Thomas Wed, 11 Apr 2007 23:04:32 +0000 http://www.brokeass-student.com/surviving-paycheck-to-paycheck-you-can-still-start-saving/#comment-450 Nice Article, I do something similiar with my high-interest savings account. I have it setup to automatically withdraw a set amount every two weeks (which I calculated out to be about 10% of my pay checks as well). This way I do not forget or can not make excuses for putting a little a side, I just treat it as another bill. I also cut-out the coffees which are saving me about $3 daily. Nice Article, I do something similiar with my high-interest savings account. I have it setup to automatically withdraw a set amount every two weeks (which I calculated out to be about 10% of my pay checks as well). This way I do not forget or can not make excuses for putting a little a side, I just treat it as another bill.

I also cut-out the coffees which are saving me about $3 daily.

]]> By: Daniel McLean http://www.brokeass-student.com/surviving-paycheck-to-paycheck-you-can-still-start-saving/comment-page-1/#comment-446 Daniel McLean Wed, 11 Apr 2007 15:51:38 +0000 http://www.brokeass-student.com/surviving-paycheck-to-paycheck-you-can-still-start-saving/#comment-446 Saving 10% of income and brown bagging your lunch are top tips that I definitely stick to. I'd be careful with stocks though, only invest what you can afford to lose. Certainly good diversification advice once you have money just not sure when you don't! Saving 10% of income and brown bagging your lunch are top tips that I definitely stick to.

I’d be careful with stocks though, only invest what you can afford to lose. Certainly good diversification advice once you have money just not sure when you don’t!

]]> By: Zachary http://www.brokeass-student.com/surviving-paycheck-to-paycheck-you-can-still-start-saving/comment-page-1/#comment-434 Zachary Tue, 10 Apr 2007 07:43:43 +0000 http://www.brokeass-student.com/surviving-paycheck-to-paycheck-you-can-still-start-saving/#comment-434 Congratulations on reaching your first goal! If you keep up these habits you will do very well financially in life. Congratulations on reaching your first goal! If you keep up these habits you will do very well financially in life.

]]> By: Jonathan-C. Phillips http://www.brokeass-student.com/surviving-paycheck-to-paycheck-you-can-still-start-saving/comment-page-1/#comment-413 Jonathan-C. Phillips Thu, 05 Apr 2007 06:30:50 +0000 http://www.brokeass-student.com/surviving-paycheck-to-paycheck-you-can-still-start-saving/#comment-413 Excellent advices! It's true, you can easily save money even if you're not rich (yet) and it gets more and more important the more money you make! I usually spend time playing guitar or working online, of course buying a new guitar can be quite expensive, but after the initial purchase it cost roughly 30$ a month (strings, picks, cables) and that's it! :) And bringing your own lunch at work also helps (unless you work from home). I do the exact same thing as you, at the end of the day all my pocket change goes into a jar, and it can take as much as 4-5 months before i check that jar. But when i do i usually have a nice 300-350$ to spend on something or save for later! Like you said, even 5 bucks a day is good! Excellent advices! It’s true, you can easily save money even if you’re not rich (yet) and it gets more and more important the more money you make!

I usually spend time playing guitar or working online, of course buying a new guitar can be quite expensive, but after the initial purchase it cost roughly 30$ a month (strings, picks, cables) and that’s it! :)

And bringing your own lunch at work also helps (unless you work from home).

I do the exact same thing as you, at the end of the day all my pocket change goes into a jar, and it can take as much as 4-5 months before i check that jar. But when i do i usually have a nice 300-350$ to spend on something or save for later! Like you said, even 5 bucks a day is good!

]]> By: The Simple Dollar » The Simple Dollar Morning Roundup: Posting Schedule And Other Changes Edition http://www.brokeass-student.com/surviving-paycheck-to-paycheck-you-can-still-start-saving/comment-page-1/#comment-409 The Simple Dollar » The Simple Dollar Morning Roundup: Posting Schedule And Other Changes Edition Wed, 04 Apr 2007 13:31:16 +0000 http://www.brokeass-student.com/surviving-paycheck-to-paycheck-you-can-still-start-saving/#comment-409 [...] Surviving Paycheck to Paycheck? You Can Still Start Saving “I can’t afford it!” is nothing more than an excuse to start saving. There are so many ways to trim fat from your budget that you can afford it. (@ brokeass student) [...] [...] Surviving Paycheck to Paycheck? You Can Still Start Saving “I can’t afford it!” is nothing more than an excuse to start saving. There are so many ways to trim fat from your budget that you can afford it. (@ brokeass student) [...]

]]> By: Jim Murphy http://www.brokeass-student.com/surviving-paycheck-to-paycheck-you-can-still-start-saving/comment-page-1/#comment-407 Jim Murphy Tue, 03 Apr 2007 23:42:50 +0000 http://www.brokeass-student.com/surviving-paycheck-to-paycheck-you-can-still-start-saving/#comment-407 Very good advice--you can also start buying stocks and similar equities with very little money. There's a number of online brokerage firms that don't require any minimum deposit amount to open. I use a company called FirstTrade though there are plenty of others. If you don't have enough to devote to a dedicated brokerage account there's also an outfit called Sharebuilder (www.sharebuilder.com) which will let you start with as little as $4 and buy fractional shares of stock. I've known people who've used them before and have been pretty happy with them, though if you've got a decent amount of money (say $500 or more) to invest I'd recommend a dedicated brokerage since its cheaper and will offer more investment options... Very good advice–you can also start buying stocks and similar equities with very little money. There’s a number of online brokerage firms that don’t require any minimum deposit amount to open. I use a company called FirstTrade though there are plenty of others.

If you don’t have enough to devote to a dedicated brokerage account there’s also an outfit called Sharebuilder (www.sharebuilder.com) which will let you start with as little as $4 and buy fractional shares of stock. I’ve known people who’ve used them before and have been pretty happy with them, though if you’ve got a decent amount of money (say $500 or more) to invest I’d recommend a dedicated brokerage since its cheaper and will offer more investment options…

]]> By: Shane http://www.brokeass-student.com/surviving-paycheck-to-paycheck-you-can-still-start-saving/comment-page-1/#comment-406 Shane Tue, 03 Apr 2007 22:38:02 +0000 http://www.brokeass-student.com/surviving-paycheck-to-paycheck-you-can-still-start-saving/#comment-406 That's awesome. Feels good to have a nice bankroll stashed away! Something I noticed when I started making good money, and something some of my friends are experiencing now is ... When you don't have any money, you spend whatever you have. When you start saving it ... you don't feel the need to buy anything. It just snowballs from there. Great blog Jennifer! That’s awesome. Feels good to have a nice bankroll stashed away!

Something I noticed when I started making good money, and something some of my friends are experiencing now is …

When you don’t have any money, you spend whatever you have. When you start saving it … you don’t feel the need to buy anything. It just snowballs from there.

Great blog Jennifer!

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