Spending smart so you can save

Gregory Karp, author of The 1-2-3 Money Plan (FT Press) and the nationally syndicated column "Spending Smart," shares with WalletPop's Lan Nguyen tips on where and how to save money.

Cut down food costs by shopping by sales circular. Lower cable bills by watching your favorite shows on Hulu.com. Eliminate those annoying cellphone contracts by turning to pre-paid cellphones. Give yourself a money makeover.