In these uncertain times, it is very important that you build up your savings. You never know when your income could stop coming in and if that day ever does come, you need to know that you will have enough cash to get by until your income resumes.

One weird but effective way to save money is to carry a “savings envelope” with you wherever you go. Before you make any kind of extra purchase, like buying a soda or a hot-dog, think about saving that money instead. Try to save at least a little every day by giving up something that you really don’t need. One day, it might be a soda - the next, it might be a movie. Take that money that you were going to use for the extra, and instead, place it in the envelope. Over time, you will build up your savings, little by little. By giving up just a few simple luxuries that you don’t really need, you can grow your savings quite a bit each year.

Another way to build up your savings is to never spend your $1 bills. Whenever you have a $1 bill, just opt to put it in savings instead of spending it. Spend only your larger bills. This can really grow your savings by a lot, and a lot of people have successfully grown quite a next egg using this interesting saving method.

There are all kinds of ways to save money… some of them are typical, and others are not so typical. However, the important thing to remember is that saving is saving. No matter how you do it, it is going to pay off in the long run. Saving is a huge part of succeeding financially.