A good way to begin saving is to pay yourself first. One way to do this is to have your employer automatically deduct money from your paycheck and deposit it directly into your savings or investment account. You'd be surprised--over time, regular savings can really add up.
The 360 Degrees of Financial Literacy Web site offers general information for managing personal finances and does not recommend specific financial actions. For financial advice tailored to your situation, please contact an expert such as a CPA or a personal financial advisor.