You need not save a big amount all at once at all. Save small amounts many times and it adds up to a big amount. The power of this is what you see in small savings schemes. For example, in a Public Provident Fund (PPF), you can deposit even as small an amount as Rs. 500. Same is the case with savings facilities like systematic investment plans, which helps you put in your money in small amounts over one or two years. The secret is to save this amount and not wait for big amounts to come through for you to start saving.
6. Eliminate delayed payments
10. Keep an eye on balances, credits and maturities