It's hard to make good financial decisions when you don't even have a clue where your money is really going. One of the best things you will ever do to save yourself money is to start tracking where your money is going, and then decide where you can start to reign in spending. We recommend Mint.com as an easy and free tool to help you do this. It makes it easy to track spending across credit cards and checking accounts so that you can more easily spot the holes in your sinking financial ship. Often times the biggest drains to our bank accounts aren't the obvious big ticket items, but the small, frequent spending habits that add up over time. Perhaps you're spending way more on cab rides, restaurants, or at the bar then you are actually comfortable with, and the only way to find out just how severe the impact really is means finding out how much each of those categories add up to. Start tracking your spending first, and then once you've figured out where it's going, create budgets for yourself to help you get your spending under control.
If you need help getting started, check out our article on How To Partition Your Budget to get a better idea.