How can I save when just living takes all the money I’ve got?

It’s very tough when you’re stretched to the limit. If your situation will probably change in a few years, you might be able to make up for not saving now. But if you think you’ll be at this same level for some time, you really need to create a cushion for yourself. First, be very clear what is a want and what is a need. One of your needs is to save 10% of your earnings. If you can have that taken off your paycheque before your get it, you won’t notice it so much. Allocate enough money to cover your needs, then plan what you want to do with the rest.

When you plan what to do with your discretionary income, you won’t be as likely to let it slip through your hands. If there’s hardly anything left, get creative. How can you have the same amount of fun for less money? There’s usually a way if you put your mind to it.

Oh, and one more thing–no matter how tempting it might be, don’t get into debt.