1. Bring in More Money Than You Spend
Although many people will believe that this money saving tip belongs in the “duh” category, it is probably one of the most important on our list. No matter what your age might be, by consistently having a focus on spending less money than you make each month will ultimately result in there being a positive balance in the checkbook or savings account at the end of the month. It doesn’t matter how young or old someone is, by not having the right amount of income coming in compared to the monthly debt or bills owed, it is almost impossible to save any money. A proven method to get on track is to adopt a budget to provide financial stability for the long-term.