Spend less, save more
3. Better meals, better prices. Cost of dinners out with friends draining your wallet? Opt for entertaining at home, says Chris Farrell, economics editor of "Marketplace Money." You can have really nice meals and a really good time, but you're much more frugal," he says. And you can either freeze the leftovers or "everybody can leave with a doggy bag for their lunch tomorrow," Farrell adds.
I liked all the suggestions, including this one:
5. Put your goals first. Saving for a big purchase like a car, vacation, home or just a sweet entertainment system? You're smart to salt that money away via a direct deposit or automatic transfer to a separate account, says Doug Borkowski, director of the Iowa State University Financial Counseling Clinic. "It just disappears," he says. "It's out of sight, out of mind."
Making savings automatic is always a good idea.