TERRE HAUTE, Ind. (WTHI/WOOD) –  More than half of Americans have less than $1,000 to their name, a new Forbes survey finds.

The survey also concluded nearly a quarter of Americans have less than $100 to their name.

Financial advisor Ben Dye doesn’t find that surprising.

“I think just not knowing [how to manage money] and they don’t know where to start and because of that they just don’t do that,”  said Ben Dye, portfolio manager at First Financial Bank.

Saving isn’t easy. Trust officer Andrew Decker said having a budget is the best way to get started.

“A lot of us find that we’re just struggling to make ends meet on a month to month basis, and I think a lot of people are doing that. And when they do it, they’re not taking the time to really look at that their expenses are and save for tomorrow,” Decker said.

Even a small amount from each paycheck can add up.

“Save early. Save often. You know the old adage about that: you can never start too early,” Dye said.

If you’re lucky enough like Dean, you already have that head start.

“He’s got a savings, a Busy Bee savings account at Terre Haute Savings Bank. He likes saving too,” said his mother, Michelle.

The original version of this story was first published on WTHItv.com.

—-Online:Forbes savings survey