5 simple ways to save $25000 in this tough economy (Big money saving changes by living frugally)

Economy is in crisis mode right now. People are struggling to save extra money. Here are few tips to save big by making changes to your lifestyle to live more frugally.
- Cancel your cell phone (20% of US population don’t have cell phone) – around $1000 saving per year.
- If you have two cars in family get rid of second car – assuming average cost of 1$ a mile – Total average saving around 10-12K.
- Save money by eating at home – don’t buy prepared meal or eat outside. Average saving of $2500.
- Stop shopping around especially clothing and electronics – average saving $1800 per year per family.
- If you have a college going kid – ask him to plan to attend collage closer to home and live with parents - saving of around $9000 per year on room and boarding.