Cut your spending by $500 a month

In today's tight economy, who doesn't want to free up some cash? Trim the fat but not the fun from your budget - here's how.

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Take a home-swap vacation.
Monthly savings: $517*

Find someone who lives where you want to visit, and trade places for a week. Find interested traders at homeexchange.com or 1sthomeexchange.com.



With additional reporting by Nathan Adkisson,Ramya Gopal, Danielle Gorman, and Hibah Yousuf

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Last updated August 17 2009: 9:37 AM ET
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Note: Assumes family of four taking two trips a year spends $325 a night on lodging, $175 a day on food; home swap is free, $400 a week on food.
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