The standard rule of thumb when it comes to saving is “Pay Yourself First.”  This means just what it sounds like.  Every time you get paid, take some of that money and put it into a savings account BEFORE spending money on anything else.  It’s your money, why shouldn’t you keep some of it?  Experts recommend that we save 10% of each paycheck, bonus, or any other income.  Ten percent may seem like a lot, but it really isn’t.  It’s just one dime out of every dollar.  If your situation does not allow you to save the full 10%, save as much as you can, and increase the amount you put away as your situation improves.