A good way to save money is to spend all of your regular income, but have a strict rule to put any money from unexpected or unusual sources (such as overtime pay, bonuses, gifts, gambling payouts, or contest prizes) into a savings account.

Question

Quizplus · Accepted Answer

The best way to save money is to pay yourself first. That is, take your paycheck and immediately take out money for savings. Unexpected or unusual income cannot be counted on, and would be too erratic and uncertain to ensure an adequate level of saving.

A Good Way to Save Money Is to Spend All