What are the best budgeting and spending tips for saving the most amount of money?


Budgeting can have many uses. I have been trying to save up for a new car for 2 years now, but it seems as though my money just spends itself. Although I know this is not true and it is my fault. I would like a couple tips on the best ways to limit spending and help with budgeting.

I limit the amount of cash I have on hand because it’s harder to spend when you don’t have it on you.

Always put a certain percent of your income into a bank account for savings (10% or whatever) and don’t touch it. Maybe make an account specifically for the car.

Pay yourself an “allowance” by putting money into an envelope for the month. You can only spend the money in the envelope for the month (aside from the basic bills you have). That way you can limit spending.