Do you know how much money you spend every day? I'm not talking about your daily car payment or mortgage loan payment, I'm talking about the cost for the cup(s) of coffee, eating out, things like that. If you are like me, it is pretty easy to spend quite a bit each day on little things that can add up to a lot of wasted cash.
One of the better ideas that I have read is designating one day each week as your 'no spending day'. Did you know that there is an official Buy Nothing Day? (This year it was on November 23rd in the U.S. Here is a link to the BND web site so you can keep track of it for 2008). When this day comes each week, instead of wasting the money on what-have-you, put it in a savings jar. Then, at the end of the month, decide what you are going to do with it; apply it towards a bill or put it in your savings account.
Keeping track of what you spend each day is one of the first steps to take when putting together a budget.
Read this article for more about Adbusters and BND