To build up savings, you must learn first to save money before spending it.  We all have the great ability to spend money, but you need self-discipline to save that money instead of spending it. If your bank can't link your checking and savings accounts, or if you find it hard to control your spending when access to your savings is easy, ask your employer about direct deposit. You can have money taken from your paycheck and placed in a savings account automatically.

Combine your savings and checking accounts with an ATM card. Set up three savings accounts, each for a different use or goal. For example, one may be for emergency cash, a second for expenses and unexpected bills, and a third for investments. Carry your debit cards only when you really need them to make transactions, and withdraw only what you need for one week; this should curb your temptation to withdraw cash for impulse purchases.

As for paychecks and paydays, put only the money you need to live on for one month (or two weeks, if you get paid every two weeks) into your checking account for expenses and bills. Also, if you can, put money equivalent to one month's expenses into your expenses account for unexpected bills. The idea is to build at least a small stash so you're less likely to use your credit card if your car needs a new tire.

Begin building an emergency cushion by depositing a portion of each paycheck into your emergency savings account. If your goal is to have three months' living expenses, you could reach your goal within 30 months by saving 10% of each month's pay — or in 15 months by saving 20%.

Place the remaining money into your investments account, including found money such as birthday and holiday checks, bonuses, or money made from a garage sale. If you get a raise, put the difference into this account on a regular basis.