Saving money involves knowing how much income you have and how much you NEED to spend (not just want to spend). If there is excess, then you take that amount (or however much you might want or need to save) and save it. Most people will have a checking account and a savings account, where the savings account holds the money that is saved. Once the money is transferred to the savings account, it is typically not withdrawn except for emergencies or to be used for whatever reason you are saving money.
It is not just a matter of taking an amount out of your checking and transferring to your savings. You need to know what you can reasonably afford to save AND you need to have discipline to ensure that you DO NOT OVERSPEND.
Purchase low cost, high strength things
Hobbies are money pits and time consuming
its not what money you make its the money mistakes you dont make
Be careful of the share market and con men / dating trixters
If you rely want to save big bucks dont get a car or motorbike,that way you will come out way ahead
If you can get your check direct deposited to your account, have your bank take out an amount to save before you ever get the money in your checking account, and put that money in a savings account, IRA or CD. Pay yourself FIRST.
Just don't be an idiot with your money. I don't make much more than that and I live comfortably.
