Its very difficult to save money . If you want to save money then better way to invest your money some where which is most safe.

If I discuss about fixed deposit then it good to save money but this time due to recession all bank gives very low interest on fixed deposit.

Other limitation is your huge amount will be fixed for some period of time  . Second option is mutual fund but due to recession its not necessary that you will get good return.

Third option is investment is share market but this time its so risky for new investor.

Other option is buying gold which is safe as per my point of view . This time not much difference is in Gold prices so you will be in advantage on investing money in God.

One other option is there recurring deposit in bank . Recurring deposit is not risky in this you need to pay monthly basis and can get interest like fixed deposit.

Other option is buying property but this option can be implement only if you have huge amount of money.

so conclusion is recurring deposit best to save our money.