I think that when concerns to saving the best thing we can do is to adjust our lifestyle to our income. Let's face it, the more we have the more we spend, so living frugal is really the way to go.
What about 'The richest men in Babylon'?? In that book, one advice that stuck with me the most was 'Save at least 10% of all your income to be used as investment.' In today's society where most people tend to spend MORE than they earn, saving money is a very rare virtue. And over a long time, 10% of your income in the right investments can even prove to be life changing!
Thanks for sharing it GermaniaK. I learned many things today. I might need this in the future. Thanks.
I guess i've been applying that in my life in one way or the other, although i still need to read that book so that i can do it in 'perfection'...somewhat ...let me live a simple life and leave luxuries to those capable