As for excuses go, would you believe me if I said I have more money in my bank account than my parents? I support them with $$ every month, pay for the family's phone bill, have college loans asking for monthly payments, donate 10% of my income to church, and for some righteous reason decided to sponsor a child through Compassion. At the same time I have to be social which costs extra $$. At home I really live like a peasant and $1000 a month saving is only possible if I basically kill off my social life. It's usually $500-$700 savings a month. Good thing I'm not into the latest tech/fashion because that would be extra $$. Oh, and quarterly car insurance payments suck.