Basic saving strategies include setting a clear budget, tracking your expenses, and prioritizing essential spending. Start by creating a realistic monthly plan that considers all your income and necessary expenses. Save a portion of any 'extra' money like bonuses or gifts, and always keep an emergency fund for unexpected expenses.

To set realistic savings goals, identify specific objectives like purchasing an item or achieving a particular financial milestone. Break down the amount needed into manageable monthly savings targets. Use budgeting tools to track your progress, staying adaptable to any financial changes that may occur.

Budgeting is critical for effective saving as it allows you to understand your income and spending habits. With a budget, you can allocate money specifically for saving, while ensuring all your essential needs are covered. This helps reduce unnecessary spending and increases your ability to save consistently.

Consistency in saving can be achieved by automating savings transfers to your designated savings account. Regularly review and adjust your budget to reflect your current financial situation and goals. Celebrate small savings milestones to stay motivated and committed to your financial objectives.