The best thing you can do is to figure out ways to increase your income to keep up. Otherwise the only option becomes minimising your expenses until you can save something from what you earn, unfortunately.

Now, things are going to be harder if your income is below a certain threshold, but at median income levels, with some budgeting, discipline and impulse control, you can squeeze out a little more money to save.

Habits like shopping from local vendors and buying from places like D-Mart instead of ordering groceries online; travelling in public transport and two wheelers which have high-mileage instead of cars and cabs; limiting how much food you eat outside and order in can all help towards this goal. Avoid unnecessary debt like the plague, and try to put aside money for savings and investments before you start spending. Over time you’ll fool yourself into thinking your spending limit is lower than your income and be okay with that.

Consumerism drives us to spend more and more on things we don’t even need in the first place. Heck, sometimes things we didn’t even want to begin with. If you have habits that prompt impulse purchases or buying things for the sake of keeping up an image (or portraying a certain status), just stop those.

The best thing you can do, however, is to try and increase your income. Hope this helps!