Core Insights - The article addresses the common concern of how to contribute to a 401(k) when income is limited, emphasizing that starting small is acceptable and important for building saving habits [2][3] Group 1: Contribution Strategies - Starting with a contribution of 1% to 3% of income is recommended, as even small amounts can lead to positive saving habits and benefit from compound growth [3] - Taking advantage of employer matches is crucial; for instance, if an employer matches 100% of the first 3% contributed, it can result in significant additional funds for retirement [4][5] Group 2: Budgeting and Savings - Auditing monthly spending can uncover opportunities to increase contributions by eliminating unnecessary expenses, such as unused subscriptions or renegotiating bills [5] - Utilizing technology, such as apps like Rocket Money and Trim, can help identify savings opportunities, potentially freeing up 1% to 2% of income for retirement contributions [6]