Setting achievable financial goals can lead to better budgeting and savings.

Be mindful of the first number proposed in budget discussions and make sure it's based on actual needs and not just the anchor.

Recognizing the gambler's fallacy can help you avoid making financial decisions based on recent spending patterns or income fluctuations.

Reviewing all expenses within the same category before analyzing other categories.

Applying DFS to review and adjust one area of your budget, like discretionary spending or debt repayment, before moving on to the next can lead to a more effective financial plan.

Identifying the main drivers of overspending to create better financial habits.

Cutting unnecessary expenses is often more effective than devising elaborate money-saving schemes.