With the overload of news on the economic state we are in, if you haven't heard about how much money you don't have, you certainly have felt it. If your bank account is hurting and you are worried about how you will purchase any holiday gifts this year, use some of these smart tips to save and make a little extra cash this year.

SAVE SOME
Entourage is ending, so why not cancel your HBO package for awhile to save some change? Or skip the basketball package this season with your DirectTV. It might hurt your heart to give up some of these extras, but it won't hurt the wallet.

Stop paying for subscriptions to magazines you hardly read. Almost everything written in mags these days can be found on their Websites for free.

Research local events to see how you can plan romantic evenings for free. Look for upcoming concerts, fairs or any festivals nearby that don't require an entrance fee. Pack a meal and BYOB to save on extra costs, while adding some romance to the date.

MAKE SOME
Clean out your closet and sell your clothes and old video games on Ebay. Or post any furniture you are ready to part with on Craigslistf for local pick up so you don't pay for shipping.

Freelance yourself out. Sign up with Elance.com or post your resume on Craigslist to find some part-time freelance work to make some extra cash.

While you are out of town for the holidays, rent your place out to those who are coming to your area and are looking for something cheaper than a hotel.