How can I start saving?

Spending your money is easy but saving and investing it can be difficult. You may feel that it’s impossible for you to save because of your current financial situation, but even if you can’t save much every month, every cent counts. There are three things you can do with your money – spend it, save it or invest it. If you have a budget, how you spend your money should be taken care of and if you're sticking to your budget, you shouldn't be overspending. Start saving as early as possible because the power of compound interest, when you start earning interest on interest, is greater the earlier you start. Savings is a good backup for unexpected expenses and can help you when you’re in a pinch, but you will only have that net to catch you, if you start to create it by making good financial decisions.