It is easy to spend money on things you don't really have enough for. All you have to do is either charge the item you are getting on a credit card, or purchase the item with cash before your bills are due. Spending your money on things you don't have enough money for will cause you to be late on the bills that need to be paid. There are several ways you can easily track your spending amount and not spend too much if you try.

Keep money for bills in separate envelopes. For each bill that you have, you should have a separate envelope. For an example, make an envelope that says "electric bill" on it. On each pay day put money towards that envelope for your electric bill. Calculate how much you need to pay the envelope for each pay day. If you have extra money you want to add to it that is great! Do the same for your car payment, water bill, rent, phone bill and whatever else you may have to pay for each month. Think of these envelopes as a safe spot. Tell yourself that whatever amount of money goes in there, you cannot take out. Pretend that it is stuck here and isn't allowed to get out no matter what. If it helps, ask yourself how you would pay your bills if you took money out of the envelope. This will prevent you from taking money out of your envelope to spend on things that you don't need. It is important to get your priorities straight.

Find a strategy that works for you for Christmas and Holiday money. Most money is spent during Christmas Holidays. Some people find themselves in a lot of debt during these Holidays. It is important to think of a strategy that works for you since everyone has a different way of saving their money. If the envelope trick works great for saving money to pay your bills, it may work great for saving Christmas money as well. Each time your pay check comes, you can put a little bit of it towards your Christmas envelope. Even if it's just a little bit, it all helps. Starting early such as the month of October is the best time to start saving.

Save all receipts and track in a notebook. Write what it is, when it's due and how much it costs. Whether you paid for a bill or for a new shirt that you needed it is important to write down when you bought it/when it is due and how much it was. By doing this you will be able to see how much you need to save and what you need to save it for. Put the money you need away and leave a little bit extra if you have any for things you may want.

Tracking your spending amount may be a hard thing for you to do at first, but you can make it work. Any extra money you have left will be able to be used on other things.