Saving Money: It's About Willingness, Not Just Income

Mika

VIP Contributor
Saving money isn't solely tied to your income, it is about your willingness to save. Regardless of your earnings, if you practice financial discipline you will be able to save money on a regular basis. If you earn $1000, live on $900, and save $100. If you earn just $500, modify your lifestyle to fit to this income level and deduct 5-10 percent as your saving. If you adapt your lifestyle to your income, you will be able to save money. If your income is so small that you cannot even pay for your necessities like food and rent, try to work extra hours to make addition al income.
 
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