This week we’re sharing ways to recover from your summer splurging and some tips to live a more frugal life. Here’s what you need to know now:

• Summertime is all about kicking back and unwinding, but if you’re not careful, those unplanned restaurant visits, extravagant vacation and last-minute concert tickets can take a serious toll on your bank account. According to Tony Armstrong of U.S. New World & Report, recovering from summer splurges doesn’t require complex math. In fact, all you have to do is eliminate the existing debt, adjust your budget, supplement your income (if necessary), and analyze where your spending went wrong.
• Being mindful of your finances is easier said than done, but making frugality a way of life can help you save the money to accomplish your financial goals. Huffington Post Reporter Elyssa Kirkham recently asked a group of the smartest finance experts and money bloggers to give their best tips for a more frugal life. These must-read tips include repair instead of replace, shop with a list, pay with cash, grow your own food, cut the cable cord, and more.