While we can’t control what’s happening in the stock market we can control what’s happening in our homes, and now is an especially good time to look for ways to spend smarter. U.S. News & World Report offers a great collection of ideas for saving on the cost of food, clothing, healthcare, and more.
Such ideas are best implemented with the help of a budget, which seems to be the new hot idea in the personal finance press. I’ve noticed more and more articles daring to utter the B word, although they’re usually presented with an apologetic explanation that “desperate times call for desperate measures.” As regular readers know, I’m a strong proponent of using a budget–not just in tough times, but in all times. A gives you the information you need to proactively manage money well.