If you are looking to buy a replacement care, whether new or second hand, then you will need money to pay for it. If you need one urgently, perhaps because your just no longer works, then you may have to borrow the money to pay for it. However, it might be possible for you to save up for the car if your current one is still working or if you can manage without one for a while then you will have the time to save up. However, it is good to have a plan so that you can have a methodical approach to your saving.
Work out how much you need
To start with it is a good idea to work out how much money you need to save. This will depend on the price of the car that you are planning on buying. You might only spend a very small amount on each car that you buy or you might like to pay a bit more. It is likely that you will have an idea in mind of what sort of car you want, where you are going to get it from and how much you are going to pay for it. If you really have no idea then this is the time to do your research and find out. You should think about what model you want, where you want to get it form and then look around at prices and see what you think that you will be able to afford.
How much can you afford
It is a good idea to do some investigating in order to find out how much you will be able to afford. You need to take a look at your current financial situation so that you can work this out. You will need to think about how much money you have coming in on a typical month and how much you spend. If there is anything left then you will be able to save this. However, you may find that this is not very much or that you have nothing left at all. You will then have to think of ways that you will be able to save extra money.
How can you save more?
There are several ways that you will be able to save more money. You will be able to spend less and earn more. One option might be easier for you than the other but it is worth considering both so that you do everything that you can to increase the amount of money that you are saving. If you would like to spend less money then you need to look at what you are buying. An easy start is to make sure that you are not paying more than necessary for anything. You will still want to get good value for money but you might be paying more than you need. So, compare prices on items that you buy to see whether you can buy cheaper versions and therefore save money. Doing this for things like broadband, utilities and loans will take a bit or organising but can lead to a significant saving with a barely noticeable difference once it is swapped over. If you do it for goods, such as food or clothing then you will notice a difference, but it may still be worth it and you may even find that the cheaper items are better. A second way of spending less is to buy less. If you can cut down on some of the items that you buy then you will have more money. This can be hard as we do not always like to have less things. However, sometimes we do buy more things than are necessary and we can cut down on them or we can stop buying them altogether. It is worth thinking about whether there might be things that you do not want that much that you could perhaps cut back on.
Another way to have more money available to save is to earn more money. This means that you may need to get another job, work more hours or just find alternative ways of earning such as online work, freelance jobs or temping. There are lots of possibilities and it is well worth thinking through the different options to find one that will suit you.