Major Advantage of a Diversified Portfolio Flex-Plan Money: Use It or Lose It

Shrink Your Utility Bills

1. Audit your cell-phone plan. Most people don't use all of their cell-phone plan minutes each month, according to an informal Consumer Reports poll. Go to, enter some data from your bills, and the site will direct you to plans that may be a better fit and cost less.

2. Lower your water temperature. Set your water heater at 120 degrees Fahrenheit. If your heater does not have a temperature gauge, dial down until the water feels hot, not scalding.

Stop watering the sidewalk. Watering that strip of land between your sidewalk and the street is often a big waste of money. Because the so-called parking strip is so narrow, your sprinkler probably showers most of the water on concrete.