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It's not rocket surgery. You just don't spend what you can't afford to spend. Automate the savings and limit yourself to spending what's left.

Honestly, you should be saving a lot more than 5%. I don't know what the COL is where you live or what your situation is, but you should be aiming a lot higher.

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Set up auto trasnfers to your savings for how much you want to save so you spend what is left,

Once you have enough savings for emergency, then invest the rest in a mutual fund link s&p 500 where your money will hopefully grow.

For the money going to savings save in an online bank which gives more interest than traditional banks. You can look at goldman sachs consumer banking online

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