The tough economic times has forced many people to evaluate their finances. The fear of losing a job (or the pain of one already lost) has stopped the spending and forced the savings. Although the changes have made the economic times even tighter it may turn out to be the best thing for everyone.

1. Stop spending money that you do not have. It is one thing to use a credit card for convenience. It is a different story when you are using it because you do not have the money to buy the item out right. If the money is not already set aside for the new couch, new computer or other purchase then put it off until the money can be saved.

2. Skip one evening out or meal out every week. Put these savings into a special account that you will not touch for any reason what so ever.

3. Start an accountability group. Share tips for building savings, cutting spending and even investing. Having people that will call you out when you are going down the wrong path can be the best way to get on the right track for your finances.

Start the New Year with a new attitude about finances no matter how you might end the old one. You can begin saving money right now, start cutting back on spending and find new ways to create a sound financial future.