Every once in a while, Jim Cramer likes to go back to the basics. Do you want to be held hostage by your paycheck for the rest of your life? Didn't think so. That is why Professor Cramer is taking a dive into the first item on his syllabus: saving.
He doesn't consider saving as just a way to make sure you have a comfortable future, but it can be fuel for investments in the stock market. Investments that will free you from the shackles of a paycheck—and could even make you filthy rich.
"My ultimate goal on this show is to teach you how to become better at managing your money—not just investment, but every aspect of your financial life," he said.
For many people the reality is that Social Security may not be enough during retirement. However, Cramer recommends that saving and investing money year after year will increase assets.
The first step? Start by saving 15 percent of your paycheck, or 10 percent if that's what you can afford, he said.