- Go throughout your month as you normally would and keep the receipt for eveything, including that Snapple you bought at the deli.
- Evaluate those receipts at the end of the month and separate them by category (ie. bills, food, misc. etc.)
- See which areas can be shaved down or eliminated and do so the following month (use manufacturers coupons found on their website and also store circulars for grocery bills)
- For the following month keep envelopes with the category written on it.
- Put the extra cash from those categories where you decreased the spending into the savings account.
- Put a goal on the extra cash you are saving in order to make the act of saving more appealing. (ie. when you save up $3000, take $1500 and buy some gold)
You may come to find that eating out or movies and other areas that are not a necessity are the culprits. Everyone knows that as soon as you break that 20$ its gone which is why the ATM gives you $20s and not $100s; thats also why when you cash a check you ask for the majority of it in $100s. That being said break a $20 save a $5.