[header] How to economize home costs [title] Work out where the money is going. [step] It is vital to know where your money is going. It is not possible to find areas where you can save if you do not have a clear picture of exactly what you are spending your money on. 
Carry a little ledger or notebook around with you and jot down every penny that you spend. [substeps] While it is obvious to include expenses such as rent, utilities, groceries and gasoline, you must also include all small amounts such as morning coffee, lunch take-out, snacks or lottery tickets.