Sounds simple I know but a lot of people fail to follow this simple rule. Write down your basic expenses, be honest with yourself and don’t include unnecessary items.

Having a goal is a great way to motivate yourself to save money. Whether it’s as small as saving up for a treat or better yet, mapping out your retirement plan, see to it that you actually have a plan.

Now that you have extra money in your pocket, think about growing your money. Do some research on what type of investment will suit you best.