Jobs -> Saving For Your Future

Keep in mind the 20% rule.

When you started working, you will now have a steady source of income. This income will be given to you monthly or semi-monthly (15th and 30th). When you receive your salary, you will consider the 20% of what you receive as "not yours". You need to keep this somewhere else where you can forget about it until you are ready to put in another 20% of your income.

If you are earning $1000 per month and you worked for 5 years, you will have $12,000. Some people work for 30+ years and end up broke.

Of course, keeping 1/5 of your salary is hard. At first, when you were given a small salary by the Salary Negotiator, you will have a hard time keeping your 20%. After a few months or years, your salary will increase. You may notice that other people tend to SPEND MORE after a pay raise. If you are one of these people then the pay raise will just give you more burden.

Save as if you will have no job for tomorrow.

The only certain in this world is change. If you are sure that tomorrow you will be able to get up and go back to work, then you are dead wrong.

You need to save because tomorrow is not certain. Tomorrow, you may have no job. Tomorrow, you may be uncapable to do the job. There are a lot of factors. If you need to act, act fast. If you need to do something, do it now.

Some people spend their money thinking that they will still have the same income for next month. They have this mentality that after 30+ years, they will notice that they saved nothing and they were old. They will soon realize that what they had is a luxurious past and had nothing to pass into their next generation (kids, grandchildren).

Avoid Credit Cards

For most people who have bad spending habits, credit cards act as an illusion. Credit cards trick the mind of people that they can still spend because they can still borrow money. What they do not know is the money that they are spending is from a credit card. This means that you have to pay it afterwards and it will incur some interest. If they fail to realize this and they failed to pay on time, the credit card company will put in more charges like "late fee charges".