Spend Less Than You Earn

If you have zero savings right now, concentrate on building up an emergency fund in a savings account, perhaps by setting aside 10% of each paycheck. Go to our Solutions Center to find a savings account paying a great rate. Then, once your rainy-day fund is full, put that 10% you haven’t been spending into a dedicated fund.

“Do not save what is left after spending, but spend what is left after savings.” - Warren Buffett