Top 10 ways to save money

            Everybody should save money for future.It's so much important for a student.Everyone has their own way to save.Today I am going to show the top 10 list of saving money.

              1.Eliminate Your Debt

               If you really want to save money through your budgeting then what you should to do,is reducing your debt which you are carrying.By reducing your debt you can save some extra money.

              2.Set Savings Goals

               If you want to save money properly then set a target or goals for saving.If you want to buy a car after 2 year then you should save money on basis of the amount of the price of car.

             3.Pay Yourself First

                  Set up an auto debit from your checking account to your savings account each payday. Whether it's $50 every two weeks or $500, don't cheat yourself out of a healthy long-term savings plan.

             4.Stop Smoking

                  Smoking is also a bad habit whether it wastes money too.So why do you smoke?Stop it.It's certainly not easy to quit, but if you smoke a pack and a half every day,it will be a huge amount after one year.You will realize the amount after saving it for one year.

             5.Record your expenses

                   For one month you keep your spending record.It means everything you are purchasing in that month.Then you will get a idea about spending in different categories.Then cut those thing from the list which are really unnecessary and make budget for everything for saving some extra money.

             6.Decide on your priorities

Different people have different priorities when it comes to saving money, so it makes sense to decide which savings goals are most important to you. Part of this process is deciding how long you can wait to save up for a goal and how much you want to put away each month to help you reach it. As you do this for all your goals, order them by priority and set money aside accordingly in your monthly budget. Remember that setting priorities means making choices. If you want to focus on saving for retirement, some other goals might have to take a back seat while you make sure you're hitting your top targets.

             7.Different savings and investment strategies for different goals

                       If you're saving for short-term goals, consider using these FDIC-insured deposits accounts:
                   a.A regular savings account, which is easily accessible.
                   b.A high-yield savings account, which often has a higher interest rate than a standard savings account.
                   c.A bank money market savings account, which has a variable interest rate that could increase as your savings grow. 

            8.Make saving money easier with automatic transfers

Automatic transfers to your savings account can make saving money much easier. By moving money out of your checking account, you'll be less likely to spend money you wanted to use for savings. There are many options for setting up transfers. You choose how often you want to transfer money and which accounts you want to use for the transfers. You can even split your direct deposit between your checking and savings accounts to contribute to your savings with each paycheck. Thinking of saving as a regular expense is a great way to keep on target with your savings goals.

            9.Watch your savings grow

Check your progress every month. Not only will this help you stick to your personal savings plan, but it also helps you identify and fix problems quickly. With these simple ways to save money, it may even inspire you to save more and hit your goals faster.

           10. Work more

                      When you're working a lot, there's not much time left to shop and spend money. So stay busy and pursue a career you love.