Make a list of what you value
The best way to spend more wisely is to align your spending with your values. Are you aware of your personal values? Take a moment to write down the things that are most important to you in life. Is it security for your family? Is it success in business? Is it helping others? You likely have a combination of values.
Write these values down and then ask yourself this question: “am I spending my money on things I value?” Then ask, “am I spending my money on things that aren’t in my value system?” Doing this little exercise will give you some clarity and help to guide you into thinking consciously about your spending.