Paying yourself first
There's another way to find more room in your budget. It's a deceptively simple approach called "paying yourself first", and there are those who swear by it.
The idea behind it is this: Each month you have a number of financial obligations that require attention, such as rent, car payments and phone bills. By the time you've paid the bills, the financial goals have often slid down the priority list and there's nothing left to set aside.
When you pay yourself first, you move yourself up that list. You deduct your savings (the dollar amount is up to you) before you pay the other guy and put it in another bank or investment account.
Now your goals and dreams are on the front burner. And that's what working is all about, isn't it?