Here are some ways you can save money:

* Make sure that your budget's highest expense - which for most people is housing - reflects a commitment to live beneath your means.  Aim to spend no more than 32 percent of your annual net income on a home, and keep in mind that the average monthly maintenance of a home is around 10 percent of the monthly mortgage payment.  If you're renting, make sure your landlord defines who is responsible for handling which types of upkeep.  Realistically consider monthly rent or mortgage payments, insurance, taxes, and maintenance before making any housing decision.  Consider the benefits of older, less expensive homes.  Secure rental and homeowner's insurance policy quotes from at least three companies before choosing one.  Pay off your mortgage as early as you can to save substantial amounts of interest.

* Before purchasing any type of car, examine your reasons for wanting to buy it.  Ask yourself honestly if you really need a different car, or whether you can repair your current vehicle.  If you do replace your car, avoid buying a new one, because new cars dramatically depreciate in value during the first year after purchase.  Instead, look for a late-model, reliable used car.  Hire a mechanic to examine the car before you buy it.  Know the Blue Book value of the car you're interested in, and use that information to negotiate a good deal at the dealership.  To get the most money for your current car, try to sell it privately rather than trading it in.  If you do decide to buy a new car, go for a clearance model, demonstrator, or rental car.  Participate in a carpool and use public transportation whenever possible to cut your transportation costs.

* Buy only as much life insurance as you need.  View it simply as a way of providing for your family rather than as an financial investment.