Claudio S’s Answer
Here is what I suggest that you do (this is based on my personal experience, having saved over a couple of million dollars):
Be as frugal as possible - every $ counts towards your savings. Remember, there is a difference between frugality and stinginess.
Do any and every job that you can do in your spare time especially if it pays. I used all of my spare time to either do part time work, sometimes 2 or 3. When someone needs someone to clean their toilet, clean the apartment, etc I raise my hand and ask - "how much"? If I am not a subject matter expert, I say, "Please let me do it, I wil do it for a discount because I have to figure it out"
The most beautiful word in finance is the word "compounding". Find out what it means. For me, savings was addicting. I save $$ regardless of how much I make. For me, it is a discipline, a hobby, a goal. Trust me, the day you realize that you can afford to pay a watch for $20,000 is the day you realize that you have made it through hard work.
When I came to this country, I have zero dollar. I remember the time I finally saved $1,000 dollars, then $10,000 dollars. I remember jumping up and down in the bank when I deposited the last $500 dollars (part time work check) so that my savings is $1,000,000. When the bank teller recorded my deposit, I asked her for a receipt with my balance to date. I showed it to her and jumped up and down again!