Spending

Good question. Reduce amount of driving, car pooling, reduce the number of times eating out, cut back buying nonessential items at the supermarket, make a list before you shop and try to stick to it. I'm open to suggestions from others.

As gas becomes more expensive, it takes up a larger chunk of our monthly budget.

I don't know if you've heard about this, but there are techniques for modifying your car's engine so it can run on a combination of gas and water. This has become hugely popular lately. If it's done correctly, you can double your gas mileage. You can read more about it at Run Your Car on Water.

A lot of experts think that gas will reach $10 a gallon in the not-too-distant future. If you think that's farfetched, consider that they pay around $8 a gallon in Europe right now.

So something that can double your gas mileage is worth looking into.