No amount is too small to make money

Many older people grew up in a household that did not know a lot about money other than working to make it and paying bills that got rid of it. Some households did not even know the value of having a bank account because they rarely held onto money long enough to make a deposit. We thought that only the wealthy could have a savings account, checking account, trade/own stocks, or have CDs (Certificate of Deposits). These people are raising children that just as little... you can't teach what you don't know.
Let's change that way of thinking! I am going to list several ways to spend less on banking and ways to get started generating wealth.

First, stop paying fees to banks! Banks like to hold your money and charge you a fee for doing it. Sure, you can avoid the fees by keeping a minimum amount in your account, but when you are living pay check to pay check, you can't afford the $1,000s needed. Instead, open an account in a credit union or online-only banks. Credit union are non-profit and generally pay you higher interest rates to hold your money, have lower minimum balance requirements (most have $0 minimum), and better customer service. Search online for a local credit union near you.
Online banks, like Ally.com and BarclaysUS.com, are online-only banks that offer much higher interest rates than traditional banks and have no minimum balance requirements. Both have no minimum monthly deposit requirements... that means you can deposit $1 if that's all you have. Keep in mind that you will need at least $100 to start earning interest, but the important part is to start depositing money today.

Second, if you've ever wanted to play the stock market, you don't need big bucks... $5 can get you started. Keep in mind that you should only invest money that you are willing to lose since the stock market offers no guarantees, so enter at your own risk.
There's a lot of discount brokerages like Scottrade and TD Ameritrade, but they charge a fee ($6.95) for each trade. However, if you want no minimum deposit and free trades, Robinhood is for you. It is an app available for iOS and Android, follow this link for a free share of stock: http://share.robinhood.com/josephs1250. Robinhood offers limited research options so you'll have to Google most of the stocks that have your interest, but you can't beat no fees and instant access to your deposits (most brokerages require a hold on your deposit for a few days).

These are a couple of ways to get started putting your money to work with a very little money. Remember this: putting your money in a savings is a safe way to keep your money and is insured. Stocks, however, have no insurance and should be bought/sold very carefully.