How to save your monthly income?

You must start from your own habit. Are you smoking? Are you drink? and so on. You may make a list of useless expenses and start to switch those money to usefull expenses. I think it's impossible to changing your over spend in one day but if you can remove some useless spends from you monthly expenses, then i'm sure you can save your money. Good luck and have a nice day. Happy mylotting.

That's fairly easy. Don't be a compulsive buyer. Whenever me and my wife go for a stroll, sometimes she points at things and say "I like that", "I want to buy that", etcc..I stop her and say "Do you really need that?" and she will make a pout. In the end, we saved money. Learn how to budget. Spend wisely.

You can put away part of your salary in your savings account every month and that's the money that you would save up. I got two thousand dollars like that when I asked my mother to put away part of her paycheck for my tuition since she didn't know how to save money. If you'll afraid you'll use it, then you could stash it at home and use one of those piggy banks that has no opening and could only take money out when broken. Good luck with your savings

I have a few suggestions, even though it depends on how you over spend, if it is on real shopping or just in general not keeping track of what you actually got. The first thing is to create yourself a Budget, can be done easily in Excel, make a sheet of your incomes, and your expenses include everything important such as Rent, gas, electricity, water, heat and so forth. But also include insourance payments, even though it is only once a year you pay them, all sort of expenses you got which you need to pay none the less... Then you have a certain amount of money left, from these money you need to cover food and the left again is to cover what ever fun things you may want to enjoy in your life. Then you have an idea of what you are allowed to spend each month. Remember to fill in the actual costs you then have to see if you have saved some or overspend some again, to easier keep track of your spendings. - If you have a debit/credit card, dont use it in stores, but have cash from the bank withdrawn instead, and only withdraw when your pocket is empty. Having cash in the pocket will give you a more realistic feeling of how much you spend and how much you got. especially if you own a credit card and have spending issues, hide the card somewhere or cut it over/dispose of it. A way to save on food is to purchase larger amounts, and then eat the same kind of food 2 days in a row, it sounds borring, but when i do that i save upwards 40-50EUR a month by doing that, and i dont even do it daily. (I live in the Netherlands, so prices may be different from where you live) - I hope you can use my few words for something.

Keep aside a part of your salary after meeting all expenses and you can put them into bank recurring deposits for a particular period one or two years after which you would have accumulated a sum.You could also pay part of your salary towards loan to acquire a house.You could invest a part of your money into mutual funds.You could invest in bonds.You could pay for your insurance.You could purchase stocks in small quantities.You could buy small quantities of gold or invest gold exchange traded fund.You could set apart a sum for your retirement.These are a few things you could do save for difficult times ahead.