Expenses

Look at your monthly expenses and categorize them into fixed expenses and variable expenses. For example:
1.fixed expenses like rent,electric bill,insurance ( e.g. healthcare,car),and so on.
2. variable expenses like eating out,tickets for shows, clothing,trips and so on.
Compare the total expenses to the total income.
If you stay in positive territory,very good.
You can start building your wealth right away.
If you end up in negative territory, take a hard look at your variable expenses and see what you can do to minimize them.
In case that’s not enough, get a better paying job, or take an added side job to increase your income.

There are no shortcuts here.