Refinance your home loan. With average 30-year fixed mortgage rates running below 4 percent for more than two months, according to Freddie Mac, this could save hundreds of dollars per month. Owe more than what your house is worth? A new federal initiative is supposed to kick in another month or so that will allow many to refinance if if they are underwater. "It is not to early to begin shopping now and putting in applications," McBride said.
Put savings on autopilot: Bankrate’s research has found that only 24 percent of Americans have an adequate emergency savings cushion of six months’ expenses or more. "The best way to save more is to pay yourself first: Have a percentage of each paycheck transferred into a high-yield savings account," McBride said. "You won’t miss what you don’t see."