make a habit of budgeting
A Budget is a plan for your future income and expenditures that you can use as a guideline for spending and saving. Every household should make a budget of income and expense and follow it strictly. It is ideal to make monthly budgets and stick to the budgeted expenses. The excess of income over expenses is termed surplus. The surplus need to be actively saved or invested for any unforeseen events. (accidents, natural calamities, loss of job) and important events in life (marriage, education of children, travel to places, buying a home, vehicle etc.) Savings also helps us when we no longer have the ability to earn, for example after retirement.