2 of 3
The Smart Cookies are successful savers because they rely on one another. "We talk to each other on our cell phones so if we're tempted to buy something we call each other up," Angela says.

In fact, the Smart Cookies don't even need to buy more clothes—they've decided to share! "We all had expensive taste and we knew we had the same taste, so we thought why not just share?" Andrea says. "It's easy. We live within blocks of each other."

They've also reevaluated many aspects of their lives to see where they can save money. Some of their strategies are small, like cutting cable and sharing magazines. Others are big. Katie, for instance, gave up her car. "I used to believe I couldn't live without a car," she says. "What I've realized is taking the bus isn't so bad and I'm saving on car insurance, gas and parking tickets—$700 a month."

Robyn, a social worker, decided to go back to school and earn her master's degree while consulting on the side. When she finishes school, she expects to earn around $82,000—more than double her original salary!

But even though they're living on a budget, these Smart Cookies still make time for fun. "We have something we call $6 girls' night, which is where we'll make pizza and bring wine and only spend $6 [each]," Katie says.


Next Story