How to Save Money at Alabama

aeromom
Mon, 30 Dec 2013 10:50:14 +0000

The biggest psychological way to save money is to not spend money in the first place when you don’t need to. Start by keeping a log (either on a spreadsheet or in a journal) of everything you spend money on - arrange this in columns such as: housing, food, education expenses (books, supplies), entertainment, discretionary stuff. Seeing where your money goes every week/month is eye-opening and will then help you plan a budget. If you stick to a budget (spending no more from each column than you need to), you will be able to ‘save’ money in the long term. With today’s debit cards, it is super easy to forget, until you get that monthly statement, how much little things add up. If you update your log/spreadsheet every couple of days, you are much more likely to adjust your spending and keep within budget. Sorry that this isn’t exactly what you asked for in terms of saving money at UA, but I guarantee it will save you money anywhere in LIFE! ;)