Save Big: A Family Gets a Savings Makeover for the New Year

HOUSES: 60 percent of homes are assessed too highly for property tax purposes, but only 2 percent of us fight those assessments. More of us ought to.

CARS: Car companies often offer secret warranties where they will pay to fix your car instead of issuing a recall.

CREDIT: If you pay your credit card bills biweekly instead of monthly you can finish them off faster because it lowers the average daily balance on which you are charged interest.

GROCERIES: Learn to recognize seasonal savings cycles. Many products go on sale at rock-bottom prices at the same time every year -- for example, Quaker products in January and spaghetti sauce in September.

HEALTH CARE: Some prescription medications are also sold over the counter. You can get the exact same drug in the same dose for a fraction of the cost.

Click here to read an excerpt from Elisabeth Leamy's book "SAVE BIG."

Click here to find out where you can get a copy of "SAVE BIG."

Click here to return to the "Good Morning America" Web site.

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