I keep a log of test results: it's invaluable in spotting trends...like, the alk has been falling a tick a day for several days---it will continue to do that, and if I don't take measures in a certain time it will go too low.
I use Salifert: I like real numbers not "acceptable." I'll be the judge of that...
I test: salinity [refractometer] at the water change---10% a week, ph [if other readings are off], temperature [daily: 2 thermometers]; and regularly: alkalinity and calcium---particularly calcium, since I buffer my topoff, and that's usually taken care of. I watch the frogspawn for a good alkalinity indicator. If it's puffed, it's happy, and the alk is pretty good...you learn certain bellwether corals for certain kinds of problems, and a glance at your tank can put you wise to certain situations that make a test a Good Thing.
Anytime you're in trouble or suspect you are, or just have a question about your chemistry, just whip out the test kits and include the parameters in the question, and it saves bundles of time---it also often gets a better answer.
I run: 1.025 salinity, 80 temp, 8.3 ph, 400 cal, 8.3 alk, 1200 mg, and beyond that I don't test unless I suspect a problem. I supplement the equivalent of 2 tsp a day Kent DKH Superbuffer and 3 heaping a day of Kent Turbo Calcium, because I've got a 4-5 inch clam and a lot of hungry frags.