10 Commandments of Saving Money

Commandment #1 Thou shall open up a savings account and make regular contributions. This is the first step toward developing good saving habits. Putting money in a mattress or your car is not safe or practical.

Commandment #2 Thou shall take advantage of your 401K plan or other company plan at least to the match amount. Usually a company will give you 50 cents on the dollar up to 4 percent. This is free money and depending on the company vesting schedule this money goes with you if and when you leave. This is also a great way to help manage your taxes because the money taken from your income pretax and lowers the amount of money you pay taxes on.
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