It took a lot to get here, but Americans are saving: Are you spending less and saving more?

From the Community…

• 
  Posted by yaya Mon Jun 1, 2009 1:18pm PDT

  trying (key word is trying) to spend less- yes

  saving more- yes

  Report Abuse
• 
  Posted by superkate Mon Jun 1, 2009 4:11pm PDT

  I have been saving quite a bit each week. Hopefully I will have enough in the next few months for a new/used car or at least a really healthy down payment on one. On the weekends I bartend and/or cocktail I save all of my change & put what ever ones I have left over in savings. Last month I saved over $100 without even working for it. Who knows how much I'll have saved up within a year.

  Report Abuse
• 
  Posted by Ahleah G Mon Jun 1, 2009 4:49pm PDT

  My savings got pretty depleted when my last relationship ended, but I am starting to build it back up. I've also been making noticeable progress towards paying off credit card debt and am making a conscious effort to not use them. I am pretty optimistic...

  Report Abuse
• 
  Posted by don diva Mon Jun 1, 2009 7:07pm PDT

  I have made an extra effort to save in any way possible. I look for the items that are on sale, cut coupons, I go online and compare prices before I make a purchase. I am able to save a little more than I was able to in the past.

  Report Abuse
• 
  Posted by Valerie C Tue Jun 2, 2009 3:09am PDT

  i am saving more..or at least I am trying. Life is still expensive..but I am not using Credit Cards anymore..want to pay them off..and for the first time I have some saved money for the holidays season...I was saving a whole year..just put it in a can..that you can not open...those type of things.. :o) and it adds up...now me , my husband and my son can get away for few days without spending extra money or using Credit Cards .

  Report Abuse
• 
  Posted by plumpangel Tue Jun 2, 2009 7:18am PDT

  i am also doing a lot of savings right now...i have a good job right now but want to become an entrepreneur say in 2yrs' time, so i'm saving a lot from my salary because if i dont save enough money, it means i will have to take a loan, which will entail paying interest. i've put some of my savings in fixed deposit so that i wont have access to it until i'm ready for my business and it will also yield good interest for me and this will add to my savings.

  Report Abuse
• 
  Posted by Rose Tue Jun 2, 2009 8:53am PDT

  I write a check to my savings account each month. (It comes up as a bill on Quicken). If I thought of it as savings, it would just sit in my checking account and I would spend it. But now that I write it as a bill to my savings account, it always gets deposited. If I don't write out my check, Quicken keep alerting me that a bill is due or overdue! So I definitely write out that check until next months bill reminder.

  Report Abuse
• 
  Posted by J-ReaLLy-LO Sat Jun 6, 2009 2:20pm PDT

  Wow I think I'm the only one that isn't saving. It's so hard for me to save money, and it's starting to frustrate me! I get paid weekly, a whopping $300-$400 on average. By the middle of the week it's like I'm flat broke! I don't know what to do. Maybe I should stop spending money like a mad woman. Maybe. I think that I'm going to make myself send money to my savings, so that I don't spend that extra cash.

  Do you guys know anything about making extra cash online??? Please tell me yes............

  jennyhensley05@gmail.com

  Report Abuse