Why is it so hard to save?

[Julio]

I looked at your profile and it said you are 21-22..... It will come with time if you havent figured it out yet.

I was the same way at that age BLOWING money left and right.. If I knew back then what I know now...... I was making 40 K + @ age 19.. and living at home.. so just imagine.... But im 28 now.. much smarter...

This is shit they dont teach in school..... They should if you ask me.

budget and live below your means... We ( humans ) are idiots sometimes and it takes something bad to happen to realize how fucked up we are.
With that said, It will come with experience. I have only seen 2 young guys under 22 with money in the bank.. And thats my 20 year old brother and My GF's 20 year old brother.. those kids do not spend shit and to all there money goes to the bank. Of course, they dont have the bills because they still live at home.. But, they dont go out and splurge on BS.
Also, knowledge is power.. read up on 401k, CD's, high Interest Savings account, Mutual funds etc etc.. Put your money to work for you...

Open a Online account w/ INGDIRECT or HSBC and have them withdraw something every pay period.... whatever you can afford to.. 20 30 50 100.. whatever... slowly but surely it will add up.

Spend your money wisely and you will be ok.. sometimes because you have the money to buy something doesnt really mean you are ready to buy it.. .... makes sense?

[Driftk1d350z]

I looked at your profile and it said you are 21-22..... It will come with time if you havent figured it out yet.

I was the same way at that age BLOWING money left and right.. If I knew back then what I know now...... I was making 40 K + @ age 19.. and living at home.. so just imagine.... But im 28 now.. much smarter...

This is shit they dont teach in school..... They should if you ask me.

budget and live below your means... We ( humans ) are idiots sometimes and it takes something bad to happen to realize how fucked up we are.
With that said, It will come with experience. I have only seen 2 young guys under 22 with money in the bank.. And thats my 20 year old brother and My GF's 20 year old brother.. those kids do not spend shit and to all there money goes to the bank. Of course, they dont have the bills because they still live at home.. But, they dont go out and splurge on BS.
Also, knowledge is power.. read up on 401k, CD's, high Interest Savings account, Mutual funds etc etc.. Put your money to work for you...

Open a Online account w/ INGDIRECT or HSBC and have them withdraw something every pay period.... whatever you can afford to.. 20 30 50 100.. whatever... slowly but surely it will add up.

Spend your money wisely and you will be ok.. sometimes because you have the money to buy something doesnt really mean you are ready to buy it.. .... makes sense?

Could someone enlighten me on this subject? what exactly are 401Ks, CDs, ect.

[Halfwit]

Could someone enlighten me on this subject? what exactly are 401Ks, CDs, ect.

cd bonds

u put a certain amount away for a certain time period, and receive more when u getit back, like lending it to the goverment, and charging them interest

EXAMPLE ONLY

u put in 1000$ for 5 years ( u can get it out b4 but wont get any interest) then after the five years, u have 1200 to get out.

jsut an example.