(Image credit: Freepik)
Start by creating a monthly budget outlining your expenses and income.
Monitor your spending habits to identify areas where you can cut back.
Set up automatic transfers to your savings account each month.
Devise a plan to pay off high-interest debt such as credit cards and loans.
Review your expenses and identify non-essential items that you can eliminate.
Explore opportunities to lower your monthly bills by negotiating with service providers.
Maximize your savings by taking advantage of discounts, coupons, and rewards programs.
Consider investing a portion of your salary in retirement accounts.