1. Keep track of what you spend. Make sure you keep the receipts of everything you buy and then, at the end of the month, review what you've purchased. See where the majority of your money is going and think of where you could cut down.
2. Save a portion of what you earn. If you discover, after going through your bills at the end of the month, that you still have some money left, don’t spend it on something reckless, just for the sake of spending it. Save it and in time you might have enough to be able to buy something you really want, although, right now, it may seem impossible that you could ever afford it.
3. Never buy expensive items on impulse. Think it over for at least 24 hours, make a list of pros and cons, review what you've bought so far and how much money you will have left at the end of the month – whatever it takes for you to make a responsible decision.
4. Always ask yourself: do I really need this? Not just for expensive items, but for every item that is not on your shopping list. Even if it’s really cheap, or on sale.
5. Make a detailed shopping list. And not just a simple shopping list. Take your time and research where you can get the items you buy most often at the lowest price. Make sure to regularly update your list (every time you run out of something) and add the item under the category (or store) where you could find it at the lowest price. Never go shopping without the list and don’t buy items that are not on it.
6. Reduce the number of your visits to the supermarket. You know that as soon you just run to the store to get something, you buy 10 other things as well. Make sure to go shopping as seldom as possible and with a shopping list in your pocket. Plan your meals ahead, pick one day a week for shopping, decide exactly which items you will buy at a certain store, take your list with you and stick to your plan. This way, you can also save gas money, as well as time, which you can now spend doing more productive things.
7. Consider own-brand goods. This doesn't need any further explanation. We all know they’re cheaper and not necessarily lower in quality.
8. Don't buy designer labels. This is also pretty simple. If you know you can’t afford it, don’t buy it. It’s not worth it.
9. Walk or cycle to work, if you have that option. It saves money and is good for your health. Remember: a car runs on money, but a bike runs on fat.
10. Use a planner or a task manager to help you organize your shopping lists & expenditures, and plan your meals and, consequently, visits to the store.