Between increased student loan costs and racking up credit card debt, saving money tends to be last on people’s mind. And depending on the size and interest of the debt, saving just does not take any priority.
This means putting in some work to increase how much money you bring in. This can be a combo of improving your career worth, changing careers, starting a side hustle, or investing in income generating assets.
By not starting to track your spending, saving becomes quite difficult to do because you don’t actually know where all your money is going. There may be opportunities to reduce spending, cut back on certain expenses, and more that can help you start to save money.