11 Tips for Building Your Savings Despite a Low Income

Even with a bare-bones budget, it's possible to save money. Here's how anyone can pull it off.

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When you are squeaking by on minimum wage or seemingly not much more, it might seem like there is little hope for you to get money into savings.

After all, working full time on the federal minimum wage of $7.25 an hour brings in a whopping $15,080 a year before any taxes.

But even if your budget is down to the bare bones, there still are things you can do to build your savings. Following are 11 ideas worth considering.


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