Start Slashing Household Expenses

Don't just go for the big ticket items. Take a hard look at those recurring bills as well and annualize the costs to get a more realistic picture. A $60 a month cell phone plan you hardly use isn't really costing you $60. It's costing you $720 a year. Consider using online telephony providers like Skype and Vonage - which can provide significant savings on your local and long distance calls, etc.