In today's economy, money is more important than ever and this guide to frugal living will help you by showing you not only how to save money but maybe even make a little extra cash as well.

Save MoneyThere's so many ways to save money...and I'm not just talking about using coupons and searching the sale papers. Throughout this guide to frugal living, you will find all kinds of ways you can save money.

Did you know:

*If you do an average of one load of laundry per day, the hot wash cycle costs you roughly $100 per year in energy as opposed to using a cold wash cycle which will cost you about $10 per year.

*You can turn off the "heated dry" on your dishwasher and save about 80% of the energy use.

*Save money on your mortgage. For every $10,000 of your mortgage loan, 1/2 % difference in the interest rate saves you over $40/year or $3.40/month in interest.

*You can save $20 to $40 a year just by lowering the temperature on your hot water heater to between 110 and 120 degrees.

*Swapping traditional light bulbs for CFLs and you’ll save $30 over the lifetime of a bulb.

*Need money for college? There are thousands of weird scholarships available to anyone who can qualify. Often times, there is no competition for this free money, as many weird scholarships are unknown. Most people either don’t know such scholarships exist or they never think to search of them.

*You can save as much as 30% on your car insurance just by raising your deductible for $500 to $1000.

*If you're considering switching insurers, start looking for a new policy well before your current policy comes up for renewal. Many insurers provide an "early shopping" discount of up to 12% because they view people who look for a new policy ahead of time "as being a responsible consumer.

So, check out this guide to frugal living to find lots of ways to save and maybe even make some extra money.