For any one to build wealth , one must be disciplined in and have consistency in their actions. Most people start few things and after few days they lose momentum, stop focusing on what they started. Forming a habit is important which puts you in auto pilot mode.
To save money :
Take a decision to save at least 40 % of monthly earning.
Cut your unnecessary expenses
Delay big ticket desire until you have a decent wealth is built
Buy only what is needed
Stay way from debt and paying interest until you built wealth
Do not lend your saved money to your friends , family unless is really required. Money makes people bad.
Start putting your saved money into debt funds until your decent amount of funds are built.
Once a decent amount of funds are available , buy some good /valuable equities, real estate, gold etc.
Do not swap your funds too money times, let the compounding power take place.
Be patient so that your money multiplies
