It’s no secret that we as Americans are tightening our belts. But before you lose your mind, sell all your possessions and move to the woods, here are easy ways to cut costs and save every month-without ever leaving the house.

1. Become Your Own Barista. If your morning routine includes a $4 trip to grab premium java, you’re spending $120 a month—or $1,400 a year! And that’s not counting the bagel or scone. These days, many high-quality espresso machines can be had for under $300. Just add grounds and you’re saving a big chunk of change… or beans.

2. Unsure About Insurance? Then maybe it’s time to compare quotes and save. Log on to a comparison site like Insurance.com or InsWeb.com, which aggregates quotes from several companies. Rates often change based on age or marital status-and simply browsing competing offers could save hundreds a year.

3. Cut the Cord! Nearly 50 percent of the energy used to power household electronics is consumed after they’re turned off. Why? Because appliances with built-in clocks and chargers are needlessly milking electricity when you’re not using them-and driving up your electric bill. Start saving money instantly by just pulling the plug.

4. Credit Crunches. The average American household carries $8,000 in credit card debt. If you’re making minimum payments at 18 percent, you’ll spend over $1,000 a year on interest alone. Ouch. Call your credit provider and negotiate a lower rate. Depending on your credit score, you might have a great shot. It’s the easiest way to start making lower payments and eliminating a large balance quickly.

http://www.successmagazine.com/