1. Business & Finance

Readers Respond: What are your tips for saving money when single?

Responses: 3

From , former About.com Guide

Being single presents some unique financial planning challenges. Whether you’re single by choice, or as a result of a recent breakup or divorce, there are a few things you need to keep in mind when managing money just for yourself. What are some tips to save money that you use or recommend for singles?

Money saving tips

I think the biggest advantage when you are single is that you are the boss and owner of all your money.You can choose and decide where to spend them. Living with an uncle or parents save the huge cost of living on rent,but a good strategy is to never buy water for your personal needs.It saves quiet an amount at the end of the moth. Moreover,do not help financially those people who have habit of tricking someone for their financial needs.Be careful while helping punk people. Another great trick for saving money is to open a separate account just to increase your savings each month.Do not ever touch that amount unless an emergency. Happy savings to all!
—Guest faisal saleem

prioritize

As a single make sure you don't spend anyhow since there is a tendency to be spending on others because you ain't no wife or child so there is a need to prioritise your spending to avoid spending on anybody unnecessarily.
—Guest nana

Money saving

Being single presents some unique financial planning challenges. Whether you’re single by choice, or as a result of a recent breakup or divorce, there are a few things you need to keep in mind when managing money just for yourself.
—shalini.sagi6

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