Many of us break up the word SAVE into four other words....Spend All Very Easily. In a time when mortgages are high and rentals are even higher. Buying a car is not that easier and the unemployment rate is going through the roof. Who really has time or money to save?

But the saying is true that the more your earn the more you spend, I can recall a time when I was earning a decent wage and managed to take care of my child, pay school fees, put food on the table and a roof over our head and manage to pay all the bills on time and even have a little left over the spoil myself once in a while. But there was always something deep inside saying more would be better just an extra couple of hundred dollars would be just fine.

When that time came and the pay rise arrived not much changed, I still managed to end up with the same amount at the end of the month. If I was smart I would have set up a savings account and forgotten I had received the pay rise and put the extra couple of hundred dollars into a high interest savings account. I am have since learned and opened a great savings account and at the end of the year always treat myself to a new outfit or a piece of jeweler or something.

Basically what I am trying to say is that by taking out $50 a week or $100 a week from your pay after a while you will get used to the income you have coming in and adapt. You just need to get yourself a good high interest savings account and start depositing. Maybe you can even ask your employer to split your salary and pay some into your spending's account and the rest into your savings account.

Another great idea is to lock your savings for a period of time. Not only do the banks give you a higher interest when you do this but you can't be tempted to touch your money. By the end of the year you could have saved $5200 + the interest from your savings account. Not a bad effort by adjusting your lifestyle a little.