how can i change my way of thinking to better the bank??

[~Lashes~]

Ok, ive decided that i NEED to save money and not touch it unless i NEED IT or get to a certain amount... well at least decided i want to.
i am a tight a** and dont see the need to replace something untill its well and truly had it and can no longer be repaired, but when i have extra money, my thoughts have a diffrent change in pater to, the moneys just sitting there why not?! i know i need to get rid of these thoughts to be able to succesfuly save that little bit, but each tim i last a little longer then the last time, but i always manage to stuff up and blow it, then im left kicking myself after as what i "need" at the time turns out to be a waste of money... (usualy take out, or just over do the grocerie shopping for a few weeks)

ive even tried to put money into my savers account, but as i put my rent in there each week, then transfer it out the end of each rent-month, i see extra and think, oh im on top of the rent this week, and end up not putting the usual 320 in for that week. tried "stooking" cash aside, but end up using it if im not near an atm, or spend it just cause its there.ive looked into another account that cant be drawn on, but apparently im only allowd the 2 with minimum fees one is $6 every 2-3 months and ones fee free to get another im looking at a extra fees, kinda defeats the purpose, (and the working on my will power!!)

ok, i guess my point is, how do i change my thought process and be able to save money?

[emc2]

Bank accounts

You could either change all your accounts to a fee free one elsewhere; or you could use an online savings account, they're usually fee free, and also take overnight to process withdrawals. Banks like ING, Rabodirect, and other banks offer these ones, and they're linked to your everyday account with your other bank.

Budget

You could budget to have a couple of these online savings accounts, and put some in a "spending" account; and some in a "savings" account.

[~Kim~]

what about a term deposit? you can get varying times.

also many people find that allocating themselves some 'spending money' or play money each pay helps with the urge to spend.

[meow]

A fee free online savings account like ING for sure! I think you need to see the amount being saved as a seperate sum so its concrete and real.

On pay day I pay off all our bills for the fortnight and allocate some spending money to have available to withdraw as cash then I transfer the remainder to our savings. It becomes a challenge to see if next fortnight we can have our expenses down so I have more left over to add to savings. I get a boost from hitting new milestones with the savings- watching it creep to a new record is exciting and motivates me to save. I feel more excited by seeing the savings hit a new level than I do by realising we spent more than usual that fortnight and have less to save.

[Nettie]

or a Christmas Club account? But I'm not sure of the terms there...

[shellbell3]

I had an online banking saving account thru bankwest. It was linked to our normal account and the money got transferred to and from thru that. The money wasn't locked in so if we did need it it was there but what I did do was automatic payments so every fortnight when my pay went into my account $x amount would be transferred across. I never touched it til we bought a house.

[Floweryfields]

Try a christmas club account, the one I have only allows access from Dec 1 to Jan 31 each year - all the rest of the year you can deposit but not withdraw. You can get the funds if you have an emergency - but this closes the account and you have to start again.