Now's the time to check for leaking pennies! Go over your bank statements, phone bills and insurance statements to see if you're being charged for services you don't need. For instance, if you don't use long distance on a land line phone, you can have the access taken off and save about $5 a month. Why not?
Bank savings accounts often charge a service fee if your balance falls below a certain amount. See what it is and decide whether it's worth keeping the account. You may be better off to put the money in a checking account and not be charged for it.
Double check home owner's insurance to be sure you're not paying for something you no longer have. Home values are lower now, so take that into account. Vehicle insurance sometimes duplicates other insurance coverage, like medical. Look at all of your insurance accounts and make sure you're not paying for double coverage.