Okay, “rich” is a relative term – you’re not likely to be a kajillionaire unless you make that type of money in the first place. But you can get to a place in your life where you are financially healthy and stable without having to make substantially more money.

It definitely takes discipline and some sacrifices but it is possible to get that point regardless of your age. A staggering 78% of Americans working full-time are living paycheck to paycheck and one hit to your income can cause a world of problems.

These tips will help you avoid those pitfalls and get your financial life as healthy as it has ever been.

Budget, Budget, Budget

One of the most common tips involving finances anywhere – be it personal, in a marriage, for a business – is to set a budget and stick to it. The word “budget” is definitely no fun, but it will help to keep your spending in line and show you where your dollars are going.

Most importantly, it will let you see where your money is being wasted and you can tighten things up each month based on your spending habits. Maybe you forgot about a bunch of subscription services; your budget will show you these expenses and help you to trim or eliminate them.

Live Within Your Means

It might be a simple mantra – spend less than you make – but as proven by the statistic above, it is not that easy. Many people live somewhat above their means in one way or another and this causes financial stress. It becomes more difficult to save money, to prepare for unforeseen expenditures or emergencies.

Try to stay within your means enough to incorporate monthly savings. This will help you to save for the future and will leave you with money should an emergency arise. Being prepared means living within your means.

Break It Down

Knowing what you are spending a month is great, but it’s a general overview. When you break down your expenses and income, you can see what you are spending weekly or even daily. This is great for savings goals. If you know that you spend $25/day, you can try to find ways to cut down on that spending, adding up to your monthly savings.

This can happen a number of different ways, but it gives you a clearer picture of where your money is going and when, allowing you to plan more diligently for the future.