1. Live paycheck to paycheck. A common case for Singaporeans; I know of many folks who barely have any savings because their monthly expenses are almost equivalent to their earnings (or even more, which then leads them to credit card debts). You know you're guilty of this when you find that you're regularly running out of money before your next payday. It gets worse when you have to borrow money from family and friends, take out cash advances or charge to your credit card until you get your next salary cheque. You may think it is still too early for you to start saving, but many older people often lament that their biggest financial regret was not starting from their very first paycheck. 2. Ignoring the importance of budgeting No time or energy to budget? It is not as difficult as you think it is. While I don't operate ......