Savings!

Tired of living pay check to paycheck how can I save and how much is the ideal amount? I get paid every 2 weeks. Please help!

You and me both Erica I tired of living pay check to paycheck to

Me Three! When they tell us save 6 month x salary, do they mean take home pay?

Me Three! When they tell us save 6 month x salary, do they mean take home pay?

Yeah, i think the idea is take home pay

If you do not have an emergency fund, you may want to start with that. Generally, it is recommended that you have three to six months worth of expenses in your emergency fund. Once you have your emergency fund, if you have any debt you should work to pay that off. Then you can move on to regular savings. What worked best for me is having my savings automatically deducted from my paycheck and it goes to a separate account with a different bank. I am fortunate that my employer allows multiple direct deposit accounts. If your employer does not you can also set it up as a recurring automatic transfers from your bank. You may also want an account that is not easy to access cash via physical location or ATM. For this a lot of people use online banks as it takes 2 or 3 business days to transfer money back to your primary account.

Es bueno en estos momentos de crisis tener prioridad para gastar solo en lo necesario a mi me ha servido de mucho he aprendido a ahorrar y eso me alegra

I get paid weekly starting this week i will cut a lot more wants out of my budget my needs are more important my goal is to set my savings the way i need it to be i will start saving $75 to $200 from every check for 6 months i know i can do with the way my company pays me and i am starting to do side job on my free time which mean i will be able to save much more money to my savings which is going to help me much great in the long run my goal is set and i will not give up on myself not one bit im set in 100%

They took my 255 points and i didnt get chance to do anything

Not sure how this points system works at all

Im trying to save