One of the best ways to curb wasteful spending is known as the "ten-second rule." When you are in a store and pick up something that is a non-essential (and remind yourself what is actually "essential" and "non-essential"), hold it in your hand for ten seconds and think about if the item is actually a necessary purchase. More often than not, you will decide that it is truly not that important and put it back, allowing you to leave with money in your pocket and a sense of pride for your frugal evaluation.
When it comes to big purchases, which can be amazingly easy to justify, apply the same method but use a thirty-day rule.
These tips and more from a fantastic book called "365 Ways to Live Cheap" by Trent Hamm, currently on Amazon for about $8.
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It is sold on Amazon because if it were sold in bookstores and I held it in my hand for 10 seconds....
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