(Business 2.0) – President Bush proposes allowing working folks to salt away another $1,000 a month in new tax-free retirement savings accounts. Great plan--except how would you ever come up with the money? Glad you asked... --OWEN THOMAS

1 Kick the Starbucks habit. With auto-reloading debit cards, it's easy to splurge on a $3.50 venti Toffee Nut Latte. Make coffee in the office kitchenette instead. Savings: $55 a month, $82,000 over 30 years (not to mention the 500 calories a day you'll skip by leaving out the fancy ingredients).

2 Quit the gym. In the time it takes to drive, park, and change, you can put in a good run that will do more for you than lounging on the Nautilus, chatting up pals. Savings: $40 a month, $60,000 over 30 years.

3 Pay your bills online. Scheduling payments via the Web saves you the cost of stamps and prevents late fees. Use an institution that doesn't charge, like Bank of America, Citibank, or E-Trade. Savings: $30 a month, $45,000 over 30 years.

4 Ditch your landline. With a cable modem, you don't need a regular phone line for Internet access. Switch your cell phone to a plan that doesn't charge extra for long distance and catch up with your friends and family wirelessly. Savings: $35 a month, $52,000 over 30 years.

5 Eat in. Cooking at home isn't just cheaper, it's healthier: Our waistlines have ballooned along with restaurant portions. You can save a bundle by skipping just one eat-out dinner a month. Savings: $100 a month, $149,000 over 30 years.

6 Cancel HBO. Fugghetaboutit, you say? Consider what you pay for the added tiers of service you're forced to buy to get the channel. Rent The Sopranos on DVD instead. Savings: $10 a month, $15,000 over 30 years.

7 Open your junk mail. Some of those credit card companies are offering zero-percent balance-transfer deals that last up to 15 months. Transfer $3,000 from a card charging 16 percent (and pay it off before the offer expires). Savings: $40 a month, until the banks wise up.

8 Keep the car. You've paid it off. Hold on to it another few years and you'll have no monthly payments. Plus, your insurance will be lower because the vehicle is older. (Keep it long enough and you can even cancel the comprehensive.) Savings: $310 a month, for as long as you own that junker.

9 Refinance. Surprisingly, despite historic low interest rates, only half of all outstanding mortgages have been refinanced. Dropping your rate as little as from 7 to 6 percent will cut your monthly payment by 10 percent. Savings (on a $300,000 loan): $200 a month, $298,000 over 30 years.

10 Quit smoking. Yeah, yeah, yeah, you know. We'll spell it out again. Savings: $150 a month, $224,000 over 30 years.