I'm saving up for a home. Can somebody give me tips on saving money?

[Anonymous]

I don't spend that much when I am on my own but sometimes social necessity dictates that I spend a lot of money like when I'm with my girls from church bible study and they want us to bring food to the potluck. I know the cheap option is deep fried shredded potatoes and tomato and egg paste but is that really appropriate to bring when everybody else is bringing things that are more expensive? Also I'm losing weight and that means I will have to buy new pants soon so I also have to save money on clothes etc... And then my lap top charging keeps creating problems for me as well. Somebody give me advice please.

[alchemy12]

I agree you should save everything you possibly can but sometimes you do have to spend a little. As far as your potluck goes, if you're concerned about not spending as much, you could try to make something else that people may perceive as more expensive but actually costs the same. Not sure what kind of food you like but there are tons of free recipes online. As far as the pants, you could try to get them taken in but I don't know if that would be more expensive than getting new ones; if so, wait for holiday sales or something.

Other tips: Use cash whenever possible so you don't have to pay interest. Unplug electronics when not in use to reduce electric bills (this really does help). Take advantage of free wifi and cut your Internet service at home, or keep the net and use Skype instead of a telephone. It all adds up.

[alchemy12]

If possible, put some of your savings into a CD or some other type of account that will accrue interest.

[alchemy12]

Thanks for BA and good luck with the house!

[pr3ttybr0wn]

You can bring whatever you want. You don't have to go all out for potlucks unless you just want to. everybody ain't able so if you're not just bring what u can

[aMuse]

yeah don't spend it... The key to saving, is saving... Live on less. Use coupons when shopping. Pay off your debts at the maximum level you can afford. As your debts vanish, keep paying that same amount into a savings account.