As we prioritize the things that are important to us, you'd think the things we spend the most money on would get the bulk of our attention. That's often not the case, and recognizing this is a step toward serious savings.

Photo by gerlos.

Trent, the personal finance blogger over at The Simple Dollar, says one way to figure out how to budget your time is keep a log of how much time you spend doing things you want and need to do. At the same time, track how you spend your money....