I am not cutting back my spending, but I am cutting back my visits, to put a focus on better value. Two trips to Tijuana have convinced me that I would rather cut out five $200.00 visits to my local club in order to have a blow-out trip to Tijuana. If I go out for a 1 1/2 day visit to Tijuana, I struggle to spend $1,000.00, and that includes the cheapest airfare from St. Louis to San Diego, and accomodations at a reasonably nice hotel, akin to a Holiday Inn in the U.S., plus all incidental costs, meals and taxi fares, etc. And, given my orientation toward mileage, I can't do better than Tijuana.
Of course, the real cost of that long a trip (at least 36 hours portal-to-portal) is foregone professional billing time...but I try to pick a Sunday for the first day, or otherwise time it for a period when I wouldn't be billing that much, anyway--and life is about more than work, after all.