Spend a little time and monitor your spending. This is a great way to identify areas of savings. There are the well known softwares available to help you do this easily such as Microsoft Money and Quicken, however, in efforts to save money these at their cost can be counter productive. There are alternatives to these more well known programs such as Grisbi and GnuCash, and for anyone using linux I personally recomend KmyMoney. These programs are free to users and available for download. Most of these programs have some way to track your spending by category or payees which can help you to identify areas of overspending. Set up a budget after a month of so of gathering the information on your spending habbits to help you monitor and control your spending. Areas I've always found to look for controling spending are in dining and groceries. You may be surprised how much you spend in these areas. Happy Budjeting!