Are you spending more than you can afford? Are you failing to save even a portion of your paycheck? Are your bills spiraling out of control? If you answered yes to any of these questions, chances are you're living beyond your means—and you are not alone.

According to the U.S. Bureau of Economic Analysis, millions of Americans are in over their heads financially—a particularly risky trend during these volatile economic times. How can you break the cycle and get back on track? Read on to uncover seven ways to stop living beyond your means. 

Do you ever feel pressure to "keep up with the Joneses"?

Quick Tip: Go to the Movies Early and Save

If you can't wait until the latest blockbuster film comes out on DVD to see it, consider going to an earlier show. Most movie theatres offer matinee pricing all afternoon, which can save you up to $4 per ticket. In addition, look for complimentary and discounted showings (some supermarkets, such as Safeway, offer free ticket promotions to shoppers). And always try to eat a full meal before you head to the theatre: If you don't, you could end up spending a small fortune on popcorn, candy, and soda.