Simple Savings Suggestions For The Beginning Investor The very first thing that you must do is to create a budget. Itemize how much income you have coming in and going out each month. Determine what the necessities are and trim the fat off of the expenses you don't really need. Allocate a portion of your income for emergencies and entertainment. This is an absolute must. You want to be able to confidently save for the future...... Similar Editorial : by Jim Wagner. | Source : Investment Banking Operations