Step 5: Save as much as you can
This is really really difficult for some people but it is really important to save so you can reach your financial goals. You need to exercise discipline and live within your means. Resist the urge to purchase items on your credit card as this will get you further in debt and don’t buy anything you don’t really need. When you do need to make a purchase, explore other options for buying it, such as, second hand from someone you may know or eBay. You will be amazed at how much you can save.
Set up a savings account: Work out how much you can afford to set aside, even if it is only $20 per month, and save it in a savings account. Before you know it, you will have some emergency money saved up and get you closer to your financial goals.