Many of us make financial resolutions at the start of the year to avoid over spending, start saving ... save in the long term if you stay consistent. You can simplify the no-spend challenge ...

A savings account is a great place to store money -- to a point. See how keeping too much money in savings could cost you ...

Determine your savings amount. A common approach is to save a percentage of your income every month, say 10% or 20%, but it should be an amount you can commit to without straining your monthly budget.