Each day you count the money bills in your wallet with a promise you will not spend it on unnecessary items like coffee at the cafeteria. Anyway, you can bring a sachet of your favorite mix and use the hot water from the office water dispenser. If you review your thoughts, you are surprised at how you regard your money. It is not surprising that you have rescued your money clips from early retirement.

You carefully arrange the crisp and creased money bills in different money clips - one for home expenses, another for the day's commute and emergency cash just in case you walk straight into a hotdog cart for a cheap lunch. The other money clips will have to stay at home so you will not spend the money on a tantalizing shot of whiskey.

So where is your money going? Is the money in your money clips going towards your retirement portfolio, a mortgage? Life or health insurance? If this is the case, then you are spending your money on worthwhile things. But if you are spending your money on credit card bills and never-ending payday loans, then there is something wrong with the way you manage your personal finances.

You are Wasting Money If.. .

If you invest too much on appearances even if you earn just enough to keep body and soul together, you are walking into a financial trap. Sure, it boosts the ego if you look like a big shot in your expensive outfit and drive around your nifty little car, which you bought on credit. You'd rather spend on these things than stash money in insurance or investment portfolios. You are still young and who cares?

Perhaps you are not even aware you're wasting your money. All you know is you don't have enough money to last you three days before payday. Look at this list of money wasters; maybe this will help you spot the money wasters in disguise:

* Spending too much money on the vet instead of taking good care of your pets.

* Buying brand name medicines instead of going generic

* Repairing your car two times a week

* Buying in classy stores

* Spending more money to look sexually attractive

* Eating out in fancy restaurants

* Flying first class all the time

Simple Ways to Save Money That You Can See

People have different styles when it comes to save money. They cut on expenses and do away with things and luxuries they can live without. If you wonder if you have saved money, here is what you can do:

* Arrange your money in money clips. One for Monday, Tuesday and so forth. Use one money clip at a time and the extra money should go to a personal fund. Make a target that at the end of the week all the money clips have half of the money you have store in each.

* Sort your budgeted money in money clips and at the end of the day make sure you have only spent half of it. The money remaining in the money clip is your tip that you've saved this much for the day.

This is a simple approach but watching the remaining money your money clips can encourage you to spend less and save more.