We all need to save, but the reality is that many of us do not. Roughly half of Americans are saving 5% or less of their incomes, including 18% that are not saving anything, according to a survey from Bankrate.

So how can we stop this? Well there are tons of ways to start saving your money.

Here are just a few tips on how to start saving for a rainy day…

• Save something, no matter how little.

            This has been a motto of mine for a while. I have always committed to saving something, no matter how big or small. You have to start somewhere.

• Keep it in a safe place

Of course, “rainy day savings” is just another name for an emergency fund. You want to be able to tap this money quickly. For that reason, save the money in accounts that pay a little interest but are safe, liquid, and unlikely to suddenly and dramatically rise or fall in value.

• Eliminate unnecessary expenses.

Make adjustments to your budget to eliminate unnecessary expenses that may prevent you from saving. This may require cutting some expenses and saying “no” to some items until your savings have grown.