HELP!!! MY savings is going,going,........GONE!!!!!?

first find out how much disposable income u have after minusing your weekly gross income by your neccesities. after u determine what is left after bills, rent, and food then set some money aside for your savings like 50 or 100 dollars. then whatever remains u can buy whatever.

for your spending problem, it sounds like u have impulse buying of things. i suggest whenever u encounter something that u want, u force yourself to walk away and think about if u really really need this item for like a week or two. that way maybe u might change your mind and conclude that u never needed that item and thus results in u spending less money.

hope this helped

Your best bet is to be serious about getting serious. Start with a budget. How much is rent? write it down. How much do you budget for food, clothes, cable tv, garbage, car, gas etc. Put down the REAL numbers that you spend and stick to that dollar amount.

Next, you will not have any frivilous spending like Ebay negotiated into this budget. ALL of your money that is left over from your budget will go STRAIGHT into a savings account and will be UNTOUCHED by you. It is disappearing because you keep taking it out.

If you stick to your budget. Stay focused, and get SERIOUS. You will watch your money pile high in the bank. Then you can even consider investments like buying a house and/or other types of savings accounts that pay you to keep a balance.

Good luck. You can do it, because your serious about it now.

Put your money in long term bank accounts that pay High interest. These accounts have large penalties for early with-drawl and will help you to keep your money in the bank where it belongs.

Second. Invest in Mutual funds. No brokers fees on these and they are easy to research on the net. They generally pay more that the simple interest of the bank good luck with that.

Try to get on a 401k at your job or try Capital One Savings account or anyother account that you can schedule to automattically take money out of your account as specified times. The capital One account is great as you can easily take money out if you really need it, but once the money starts to grow you won't want to. The current yield % at Capital One is 4.75%, which is the highest out there, but it is still very good and it is stable. As far as actualy making more money, can't really help you there. Good Luck

grow up and quit buying all this junk.every time your phone rings it should remind you of how you wasted your money

Go see a credit counselor.

http://www.nfcc.org/