People have been saying that you should save at least 10% of your income each month. Whether you make $500 a month, or $5,000 a month, you should allocate 10% of that monthly income into your savings fund.

Some people may find this difficult especially if they are living paycheck to paycheck.

What are some of your suggestions on how to go by saving 10% of your income?

I'll start with one - cut your expenses... find that 10% somewhere that you are spending each month and cut that expense if you absolutely do not need it. For example, how much do you spend on restaurants, movies, coffee, smokes, shopping. Find that 10% somewhere!

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