Learning how you spend your money can keep you from wasting it. Stop throwing money out the window with these smart moves.

You Will Need

Retirement account

Savings account

Cash

Willpower

Library card

Steps

STEP 1 Take employer matching

Take advantage of retirement funds your employer matches.

STEP 2 Save money

Save your money in accounts that pay high interest.

Call your bank to see what high interest accounts are available.

STEP 3 Buy appropriate amounts

Buy in bulk only if you consume in bulk. You are not saving money if what you buy in bulk eventually gets thrown away.

STEP 4 Pay in cash

Pay in cash. You are wasting money when you spend time cutting coupons only to pay interest when you pay for your purchases with a credit card.

STEP 5 Resist impulse purchases

Stop making impulse purchases. Ask yourself if you really need the item and if you can afford it. If you don't really need it, use yourwillpower and avoid the unnecessary expense.

Do not buy items that you will not use just because they are on sale.

STEP 6 Buy generic

Buy generic brand items, such as prescriptions and groceries, instead of name brands.

STEP 7 Cancel gym membership

Cancel your gym membership if you are not using it, and walk or bike to get around.

STEP 8 Quit smoking

Quit smoking. Both your wallet and body will thank you.

Step 9 Get best insurance rates

Make sure you are getting the best insurance rates by calling your current carrier's competition.

Step 10 Visit your library

Visit your local library to rent music, books, and movies for free or for a minimal fee.

As of 2006, the federal government spent between $15 and $25 billion annually maintaining unused or vacant agency buildings.