1. The very first thing you should do is to track your expenses, then find out where you can cut. To be honest, $800 per month for someone single and with no commitment is really high! For myself, I allocate about $350 for food and entertainment per month. 2. Start investing. Read up. Seedly has many good resources. There are also many financial bloggers available online; all you have to do is to Google them. 3. Cut down on subscriptions, if you can. Do you really need them? You can also choose to share subscriptions with people (for example, Spotify's family plan, which is only $2.50/month) 4. Set up a high interest savings account. Trust me, you'll feel good when you see the interest you are getting increasing month after month.