Another way of living within your means is by taking a certain percentage of every check received and putting it away for a rainy day. One idea I have learned from my parents is to put away $100 dollars a month away and if possible add to it to make the amount grow. I have been doing this since I was 12 years old and I have been able to use the monies I have put into savings for emergencies, months I’m short for bills, and to help friends or family if they have ever needed money. Each month has varied on the amount I put in but I have always at least put away $100 dollars towards this fund.

At one point in my life a year ago it was up to $1000 dollars I was stocking away for hard times and in fact it has paid off. I was recently laid off from my job I was in for 10 years and it was a relief to know that I could tap into my savings and know that I could be covered financially for 2 years based on the advice my parents gave me 20 years ago. Not only have I been able to help myself during these hard times but I have been able to help some friends. Word to the wise, try and put away monies every month just in case of the times that are unexpected, you will be much happier!