As above, I will save 15% of my take home pay in a bank account of high interest...how bout u peeps?

Saving regularly is a good idea.
If saving for long term, or retirement, best to do it in a tax deductable or at least a tax deferred account.
In USA these include 401K, 403B, Traditional IRA or Roth IRA accounts.
It will build up much faster when you are not paying taxes on the deposits or interest (tax deductible). It build up quicker than normal when you are not paying taxes on the interest (tax deferred).

When I had the day JOB, I had money taken from each check for a tax deductible retirement savings account, plus I made annual deposits a tax deferred account.

Also if in USA, getting involved in a good home based business will give you many more tax deductions. And give you another cash flow to help with early retirement.

money not enough still can't save at all

dont save money

buy bullion

CP is learning to be more frugal which is hard since everyone around me spends as if there's no tomorrow

Yupp! I save at least 10% of my income. 10% for savings/investments, 20% for debts, and spend the rest on living la vida loca ;P.. If there's anything left when I recieve more money, I invest that too.

Thats quite risky. Remember the price of gold flunctuates. Well, it might not be a good idea though... but where would you buy?

e-gold? Remember US department of Justice
e-bullion? I don't know much about them

Perhaps you should consider a Fixed Deposit Account. Much higher interest there.

EBullion is perfectly fine. I use them and I've never had any problems. The only thing I don't like about them is that they do have some offices in the US, and that makes them vulnerable to the same kinds of problems e-gold is having now.

As far as saving goes, I have an online account at a regular bank that pays very good interest, and for the $ I want to put aside, I put it into one of their CDs.

Hope that i got 'enough' money to save regularly....will try my best!!

dont save money trade money

Try another approach.
What if starting next week you had a 10% pay cut? What could you do to manage? Are there things you could cut back on or do without? Only you know the answer to this.

Now pay yourself first. Direct deposit 10% of your future checks into a tax deferred account. Make whatever spending adjustments you need to make to get by.

You will be amazed how fast this grows.

I don't save money, I invest money. Saving money is like buying a car. You buy a car and it depreciates in value over time. Not that much different with money. The money you save today is not worth as much tomorrow because of inflation and the government de.valuating our currency. Of course I'll leave a tiny portion in the bank for bills and other personal things. But I would never just "save" it. It's the worst thing I can do to myself

I always targeted 10% per month as a start, but sometimes more.

Since Fall 2006, I've really grasped the concept of saving money. Starting in July 2007 up to now, I've been able to save $3000. I've been saving just about 66% of each paycheck.

congrats to those who already started!

for those who don't know yet how to get their first million, try reading this blog: A Crystal Ball That Predicts Your First Million.

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