Get your kids in on the savings act. There are so many ways your kids can help you get and stay on the right financial footing, while learning to become financially responsible. You don't have time for coupons? Get your kids to do it—and offer them a percentage of the savings. Money they have is money you don't have to spend on them. Also, consider assigning them chores you might pay other people to do.
Jean Chatzky's Layoff Survival Guide