Since I'm a self-employed personal trainer who has lost a few clients due to the economy, I've down-graded my personal health insurance to catastrophic health insurance which saves me about $200.00 a month. I've also dropped all magazine subscriptions and have the cheapest cell-phone plan possible.

I rarely eat out and always, always make my own coffee at home so I'm not cutting back there.

Luckily I barter personal training for the stuff I can't live without (hair color and cuts....accupuncture). I'm afraid the economy is going to get worse before it gets better so I'm also going back to consulting work in my previous occupation. Hopefully, I can fit it all in....training, consulting work and teaching indoor cycling seven times a week.