The golden rules:1)Live below your means,2)Delay gratifications!,3)Be a 'miser'! 4)Have a budget.Consider this.Employed 4yrs ago.Net salary 60k(House allowance included of 30k).Expenses per month:Rent(bedsitter)-6k,Parent-6k,Food-8k,Utilities-2k,Entertainment-2k,Transport(no car)-3k,Papers(2 per wk)-0.8k,Misc.-3k,Lunches(not daily)-3k and personal care-3k. Total=Approx 36k.Savings:A)5.5k for personal insurance,B)2k- pension,C)NSSF-0.2K,D)current bank balance 150k and E)shares at NSE(buying price)-900k.