In another thread about taxes, billwald said that the poor spend well over 80% of income just to meet day to day expenses, and the rich have no ideal what to do with their extra money. Well, the old adage is "it takes money to make money" The problem is it also takes a lot of time as well! Take a look at this example of saving only $50 a month for many years But it is also possible to start small. For example, if your were to attend my safe driving class, you could save 10% on your auto insurance. Suppose you save $100 less the $40 tuition = $60 net savings. For year 2 & 3 you have a net savings of $100 per year! I suggest you invest that $260. There are many other examples of of saving and making money. What are your money savings tips?