The cool new way to save money on everything from meals at a hot restaurant to gym memberships and travel is with collective buying power, and sites like Groupon.com and LivingSocial.com are leading the way in offering customers the best deals.
Groupon, for example, offers a new deal each day geotargeting consumers based on their location. (Some are nationwide, like the infamous $25 voucher that let shoppers buy $50 worth of merchandise at the Gap.) If enough people sign up for the deal, it goes live. You can recommend the deals to friends and family to ensure enough people opt in, which is especially useful in smaller cities. If not, the deal falls through and your credit card isn't charged.