There are many ways to save money. Here I list some of my favorites saving methods. 1. Don't buy what you want, only buy what you need. 2. Make a monthly budget, price list, and shopping list. 3. Reduce your monthly fees, like tv, cell phone, rent, utility, membership ...etc. 4. Take public transportation, walk or bike. 5. Avoid penalty fees, like over-drafting fee from a bank, traffic ticket fee, law breaking fee, and the worst one- don't get sued.
If you want to save more money, then you need to reduce on your spending by carrying the amount that you need to spend only and banking the other amount. I think fixed deposit accounts help a lot if you want to refrain from extravagant spending. For more information, you may follow this link; http://www.rd.com/money/29-ways-to-save-more-money-during-the-recession/.