Q:

What are some tips for saving money each week?

A:

Quick Answer

Some tips for saving money each week include setting a weekly budget of essential expenses and putting the money for them in envelopes for easy tracking, notes America Saves. Another tip is to look for discounts on food, prescription medications and other items purchased weekly and then putting the saved money in a savings account.

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Full Answer

Another tip for saving money weekly is to seek free options for entertainment to reduce costs in that area. For example, people might attend free school sporting events or get media from the library.

A tip for people who have a savings goal is to set up a weekly automatic transfer with a bank. People may consider starting with a small amount for the first week and then increasing the amount each week until they have the amount necessary, suggests the Today Show.

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