You have been on your job for a while and make a steady paycheck. Now its time to put some funds aside and start saving. The amount of money you will begin to save is dependent upon your obligations and what you have left over. I have always been a fan of using a guide to accomplish this task. First you need to determine how much of your net income is for living expenses, next how much is for leisure, and then for misc. (I.e. Church, charity, etc.) and what portion is left for savings. If you apply percentages to each it will help you to adjust as you make lifestyle changes.
One great way to ensure you are saving towards your goal is to have automatic deductions from your checking to your savings each pay. You'll be amazed at how fast the dollars will add up if you don't take any money out! One key point to remember, if you are not ready to save then you're probably not ready to by a home.
