If you're like most of the people in the financial articles which I read through, you will think that you can't start your saving plan now. You would think you don't even have enough to last till the end of the month, where to get the extra cash for saving? Mostly you will hear the responds from your own mind "Wait till next year, when I have my increment" or "Wait till i settled my car/house loan".... and so many more excuses... From my readings, I have also learnt that the group of people who managed to save are not the group who are in the highest earning. Most of them are in the lower and middle income group. But they have strong desire with persistent action to save. They have a clear define financial goal, and work towards the goal.
I believe the thinking of 'I will be able to save when I have my salary increased' is a myth. The truth is when your income is small, you have a simple life. But, when your income is getting bigger, your car, your house, and even your stomach will be getting bigger as well. This is human nature to lift their standard of life as their income is growing. So, when will you have enough to save?
The best time to start your saving plan is NOW. No other time is better than now. The amount that you earned is not related to the amount you can save. Stop giving excuses. Start your saving plan today.