Savings isn’t just about putting money in the bank. It can be accomplished in many ways, all of them helpful to the individual. This list of money saving techniques is broken into three distinct styles of savings: 1) restricting purchases to prioritize need rather than want, 2) reserving money for later, and 3) reducing the cost of needed items bought.
Identifying your wants versus needs:
1. Kick a bad habit and put the money you would have spent on that habit into savings.