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The most effective tool is taking a close look at your actual spending. Most people don't actually know how much they're spending and where they are spending the most money. In a lot of cases, people find their highest spending to be going towards things that do not fall in line with the things that are important to them. This can include impulse buys online or frequent trips to the convenience store. Those are the types of spending that are usually easy for people to cut out.

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