[abustamam]

I like this: "make more than you spend."

Most people say it the other way: "spend less than you earn."

But one gives an emphasis on earning more income (more income === more money to save), the other simply limits how much you can spend.

I found that by focusing on earning more, I had to worry less and less about spending less.

[DanBC]

Many people find that their spending increases with earnings, and that even if they're earning above average they don't have any savings or pension sorted out.

[abustamam]

I agree with this too. Saving/"not-spending" is important, but I still think that earning is more important.

A tip I once read that made sense to me:

- Every raise you get (of predictable income), save 50% of it (so if I get a $10k/yr pay increase, I should increase savings by $5k/yr).

- Every bonus you get (unpredictable income), save 90% of it

My savings and lifestyle would increase together as I begin to earn more, and all it takes is the discipline to follow those two rules.