Online tool calculates potential savings

October 13, 2008 12:00:00 AM PDT
Easy steps to saving money. How cutting out a cup of coffee a day or bringing your lunch to work can save you loads of money. An online calculator adds it all up for you.

Use Yahoo Finance's banking and budgeting calculator lets you calculate your expenses and save money by foregoing certain expenses like eating out less, not subscribing to a newspaper, renting less videos and other discretionary monthly expenses.

Click here to try the online calculator.

For more of Michael Finney's consumer stories and advice, visit 7 On Your Side.