Its better to prepare a budget every month on what salary you get and what is your spending and for what things you spend.Think twice before you spend for certain thing. Also fix a certain percentage of money towards savings and transfer that as soon as you get it done.Better go for Funds that are less risky for example R.D , Fixed Deposits etc that gives some safe investment options.Also go for share market when the market is down.If you plan periodically and work accordingly you can save and see a good sum of savings. Beyond all that be prepared in one thing, you save for a specific purpose for example some amount for retirement corpus, some for Daughter Education, some for marriage, some for purchasing a flat etc. plan and save,apart from that keep the priorities clear.If you are at young age,you can start investing in shares depeneds on level of risk you can take. Try to avoid luxury life style and going to hotels and pizza's and using public transports can save a certain amount of money.
See your pocket before spending..don't spend to just to impress others,look back and see your responsibilities.Be within your budget and take care of our expenses by taking review monthly or even weekly,you would be in a better position..
Best way of living debt free is don't compare yourself with others in terms of amenities and lifestyle. Buy only those things which your budget can accommodate and which are really required for your daily needs.
Forgo all your pleasures like eating out, avoiding expensive vacations, buying expensive gifts for friends. You'll see much more cash at your disposal that can be let accumulate and used to pay your debts.
