1. Know how much to save and start working back. Determine earlier how much needs to be put aside each month. For instance, you want to save $150 per month and you receive your paycheck twice a month. That means, you can set up a direct deposit of $75 to your “other” account every payday. The rest may be deposited to your checking account.
2. Know your budget categories and minimize your fixed expenses. Now that the savings have been set aside, learn to live a disciplined life by living within what was left for your monthly expenses. Some of the fixed expenses that you should consider to curb include cable, cellphone, internet and the like. You may also want to reduce your water, electric and gas expenses.