1. Record Expenses
The first step is to figure out how much you spend.Keep track all your expenses.
2. Make Budget
Now Make your Monthly budget and include saving at least 10 % of your income.
3. Cut Spending
Try to find ways to cut your unnecessary spending. Identify non essentials, such as entertainment and dining out.
4. Set Saving goals
Set your long term and short term goals. Like emergency fund, children education etc.
5. Financial Priorities
Planing is important for long term and short term saving.Priorities wisely.
6. Make saving Automatic
Almost all banks offers automated transfer. Mobile and internet banking also available.
7. Watch your Savings
Review your budget and check your savings every month.