Saving money can often seem like a constant battle. At times, your income can barely seem to cover your outgoings and the money just disappears as fast as it hits your bank account.

We’ve been taking a hard look at our monthly bills and everyday finances and have been able to find ways to drastically save money. From cutting our cable and installing an HD antenna, to switching our cell phone plan and asking our insurance company for a better rate, we’ve been able to save over a hundred dollars each month.

Track, compare, revise, repeat. Track, compare, revise, repeat.

This seems to be my monthly mantra when it comes to budgeting. I think I fair pretty well staying on-track for the most part, but there’s always room for improvement!

Most of us know we should save money, it’s good financial sense. Yet, it’s easier said than done, especially when you feel strapped or broke on a daily basis.

Rent or mortgage payments swallow up between 25 – 35% of a person’s or family’s income. That’s a huge chunk of dough, especially for a renter whose rent money is gone forever. In contrast, at least a home owner has the potential to earn some of that income back when they sell their home. But does that mean renters get the short end of the stick and will forever be financially inferior to a home owner? According to Suze Orman, not necessarily; it’s what you do with your extra income that matters.