A Little cost-cutting now will help ensure that you enjoy a more comfortable retirement later. If you were planning to treat yourself to a new car, consider making due with your current vehicle for a few more years. Reallocate the money you would have used for a down payment toward your savings strategy.

Take another look at your auto insurance coverage. If you are paying for collision coverage for an older vehicle you may want to consider dropping it. Review your coverages, if your deductible is say $250, consider raising it to at least $500 or even $1,000. These two strategies could significantly reduce your auto insurance premium.

If you were thinking about taking an out of town vacation, try vacationing at home. You might be surprised by the interesting activities you have in own town or a short drive away. If you rent you may want to think about downsizing into a smaller home, hopefully with a lower rent. Even small changes like skipping the daily $5.00 cup of boutique coffee or packing your own lunch for work it can save you hundreds of dollars each year.