If you look in the daily news you will find so many people who are close to having their home foreclosed on or are in the process of it. The economy has had a devastating effect on so many people and we hope that things will turn for the better sooner than later. With that said, there are things you can do to assure that you will not lose your most prized possesion, your home. If you haven't already, start an emergency savings plan. Deduct 10-20% of your income before you pay all your bills and put it in a separate savings account. If you can't do this much, start with the smallest amount possible. Reduce your credit card debt. Credit card debt is one of the biggest reasons why people can not afford to get ahead. If you can't pay off your credit card bill with what you are charging in the next month, then find a way to go without unless it affects your health or well being. There are lots of ways to save money on things that we think we need, but really don't. Priortitize your life. Be a coupon shopper and don't pay full price for anything. Take your lunch to work with your leftovers from the night before. Car pool if possible. Turn down your heat and shut off your lights when you leave a room. There are lots of ways to save money if you really stop and think of what is truly important. If you have your health, a loving family and a roof over your head, how much more do you really need to be happy.