Recording every penny you spend
For the entire month of March, I recorded EVERY PENNY I spent (tip from How To Get Out Of Debt, Stay Out Of Debt, and Live Prospersly). Boy, what an eye opener. Even knowing you'll have to record it makes you think twice about spending every cent. I tabulated it up at the end of the month, and was shocked. I thought I was ultra-thrifty, but spent $76.62 on fast food, and $14.37 on newspapers, and $143.38 on kids sports fees & equipment. I would NEVER have guessed how much I actually spent.
I plan to keep this up, and let it make me even more aware of how I spend my $$. My April goal is no more than $20 in fast food.