The Solution: Try Sethi's two-pronged saving strategy. Here's how it works: Looking at your bank and credit card statements, categorize everything you've spent money on in the last month. Then, pick your two biggest discretionary expenses, for example, eating out and buying beauty products. Make a promise to yourself to reduce just those two by 25 to 30 percent over the next few months. Eventually, your new budget will feel normal, and you can move on to cutting another set of expenses without getting overwhelmed.
Next: 6 money lies we tell ourselves