Saving Money: A Little at a Time  To save money may seem to be one of the hardest things to do when you are trying to get out of debt. You might think that the word SAVE is one of those bad four-letter words. It is actually a really good word when you are trying to get out of debt. It helps you stay focused on the task ahead and accomplish your goals. 
  
When you learn to save money more and more, over time it really adds up and helps you get out of debt quicker. 
  
Two ways to save money are to: 

  1. Pay less for the things you buy. 
  2. Put some money away and don't touch it.

Paying less for what you buy

You can find a lot of ideas about "how to save money" on the things you buy by looking at some of my other blogs (ideas we have used personally) and the blogs of others here in the CareOne Community.

Just type the person's name whose blogs you want to see (displayed at the bottom of each blog) into the "search the community" field at the top of this page and you can see other blogs that person has written.  
  
Putting money away

Try putting money away into a savings account for future purposes. It may seem a little tricky, at least at first. You need to find a bank or some other savings place that will let you put in small amounts without charging you fees for a low minimum balance and that also offers some type of interest. 
  
If you can take even $5 or $10 each payday or each month and put it into your savings account, over time it will add up. 
One of the best ways to do this is to treat savings like a bill and make it the first thing you do when you start to pay your bills. "Pay Yourself First," as the experts say. 
  
Check and see if your employer has a program that will take it out of your paycheck before you get it. This is a great way to do it; what you don't have on hand you won't spend. 

Make a goal of what you are saving your money for: a vacation, a new appliance, a new toy (ha, ha), or to just pay off one of your creditors, etc. One of the goals we had was to save for a short getaway for our anniversary.  
  
If your goal is more long term, like retirement, see if your employer has a 401k plan that you can add to each pay period. 
  
These are just a few ideas we have used. If you have more ideas, leave a comment and tell other readers how you have learned to save money. 
  
Good luck (more like good strategies) on your climb out of debt.

Dennis Bauman, Debt Management Plan Graduate from CareOne Services, Inc. leading provider of Debt Relief ServicesDennis Bauman

Dennis Bauman has been on a Debt Management Plan (DMP) customer with CareOne Debt Relief Services since October of 2007 and recently graduated to become debt-free!! Dennis Bauman works in the manufacturing industry, creating floor tile. Having officially completed the Debt Management Plan, Dennis Bauman is excited to share what his experience on the DMP was like as well as what made his experience a successful one. Look for more posts under the My Journey Out of Debt blog. Compensated CareOne Debt Relief Services Blogger.